Winding Down Citrus Operations To Focus On Land Development

Alico: Winding Down Citrus Operations To Focus On Land Development
Read here for a discussion of Alico (ALCO) stock's transition to land development, with potential for significant enterprise value and long-term growth.
Alico Inc. to end citrus operations in Florida after hurricanes, disease devastate groves
Pointing to Florida’s decades-long fight with deadly citrus greening disease and damage from hurricanes, a major grower Monday announced it will “wind down” citrus operations and focus on more-profitable uses of its land.
Institutional Florida citrus grow is winding down operation amid struggles
Orange groves owned by Alico have been at the heart of Florida's citrus industry for 100 years, but production has declined by over 70% over the past 10 years.
Long-time citrus grower ends production in Florida
One of the oldest citrus producers in the state is shutting down. It comes as another blow to the already struggling industry.
Alico Ending Citrus Operations, Slashing Workforce
Alico said it is winding down its citrus operations and cutting the bulk of its workforce, citing increasing financial challenges from several seasons of citrus greening disease and environmental challenges.
Leading Florida producer Alico, Inc. announces closure of citrus operations
The organization said it will not be spending further capital on citrus operations after the current 2025 crop is harvested.
Major Florida citrus grower winds down operations
FOX 13's Lloyd Sowers reports that as Florida's citrus season winds down, Alico Orange Groves is facing another slow year, deterred even more by the hurricanes that struck the state.
Tropicana orange supplier Alico to exit citrus business
The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes ...
Major Florida grower to end citrus operations after years of hurricanes and tree disease
Alico Inc. announced Monday that it planned to wind down its citrus operations after the current crop is harvested later this ...
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Saving Florida’s oranges, one stomach hole at a time
Florida researchers work on genetically modifying trees to kill insects as Fort Myers based grower, Alico, stops citrus production.
Tropicana Supplier Alico Cuts Citrus Operations As Greening Disease Bites, Eyes Growth In Real Estate; Stock Jumps
Alico, Inc. (NASDAQ:ALCO) shares traded higher on Monday after the Florida-based agribusiness and land management company ...
One of Florida's leading citrus producers is leaving the industry. Here's why
The citrus company said Monday that it has lost approximately 73% of its citrus production over the past decade.
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Alico Inc. CEO explains shift away from citrus industry
In announcing Jan. 6 that it would be stepping back from citrus farming, Alico Inc. also announced it would be charting a new ...