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About
Alico, Inc. engages as an agribusiness and land management company. It involves citrus production, sugarcane production, and cattle ranching. The company operates its business through the following segments: Citrus Groves, Improved Farmland, Ranch and Conservation, Agricultural Supply Chain Management, and Other Operations. The Citrus Groves segment includes activities related to planting, owning, cultivating and or managing citrus groves in order to produce fruit for sale to fresh and processed citrus markets. The Agricultural Supply Chain Management segment involves activities related to the purchase and resale of fruit, as well as, to value-added services which include contracting for the harvesting, marketing, and hauling of citrus. The Improved Farmland segment comprises of activities related to owning and or leasing improved farmland. The Ranch and Conservation segment engages in cattle grazing, sod, native plant and animal sales, leasing, management and or conservation of unimproved native pasture land. The Other Operations segment offers activities related to a citrus nursery, rock mining royalties, oil exploration, and other insignificant lines of business. The company was founded on February 29, 1960 and is headquartered in Fort Myers, FL. | |||
Description
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates through three segments: Orange Co., Conservation and Environmental Resources, and Other Operations. The Orange Co. segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets; and contracting for the harvesting, marketing, and hauling of citrus. The Conservation and Environmental Resources segment is involved in the activities related to cattle grazing, sod, native plant, and animal sales; and leasing, management, and/or conservation of unimproved native pasture land. The Other Operations segment engages in the activities related to rock mining royalties, oil exploration, and other lines of business; and ownership and/or lease of improved farmland. As of September 30, 2016, Alico, Inc. owned approximately 122,000 acres of land located in Alachua, Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, Lee, Martin, Osceola, and Polk counties of Florida. The company was founded in 1960 and is headquartered in Fort Myers, Florida. Alico, Inc. is a subsidiary of 734 Investors, LLC. |