Alico plans to wind down its Alico Citrus division and cut up to 172 jobs starting January 2025. Alico plans to remove acreage from its contract with Tropicana. Alico, Inc. ALCO shares traded higher ...
Alico is transitioning from citrus operations to land development. Management believes it can unlock $650 - 750 million in enterprise value by developing its valuable land near Fort Myers and Tampa.
One of Florida's largest citrus producers is calling it quits. Fort Myers-based Alico will wind down its citrus operations, which have yet to recover from Hurricane Ian in 2022. After another ...
A major grower said this week it was abandoning its citrus growing operations, reflecting the headwinds Florida's signature ...
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 ...
This week on The Florida Roundup, we checked in with meteorologist Megan Borowski to talk about the record-breaking snowfall ...
Florida researchers work on genetically modifying trees to kill insects as Fort Myers based grower, Alico, stops citrus ...
It said about 3,460 acres of its citrus land will be managed by other operators through 2026.“For over a century, Alico has been proud to be one of Florida’s leading citrus producers and a ...
Citrus greening and hurricanes have forced shortages, which is among the reasons why Fort Myers-based Alico Citrus is winding down its citrus production. “Unfortunately, this is a transition ...
Alico plans to wind down Alico Citrus’ primary operations, which will include reducing most of its citrus production workforce effective immediately. Alico’s Board approved reducing up to 172 ...