Alico Company Profile
Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in five segments: Citrus Groves, Improved Farmland, Ranch and Conservation, Agricultural Supply Chain Management, and Other Operations. It engages in planting, owning, cultivating, and/or managing citrus groves to produce fruits for sale to fresh and processed citrus markets; purchase and resale of citrus fruits; and contracting for the harvesting, hauling, and marketing of citrus. The company also owns and manages Ranch and Conservation land in Collier and Hendry counties; and engages in production and sale of cattle, primarily beef cattle to feed yards and yearling grazing operations, as well as through livestock auction markets and to contract cattle buyers. In addition, it is involved in sod and native plant sales, land leasing for recreational and grazing purposes, and conservation activities. Further, the company is involved in the rock and sand mining, oil exploration, citrus nursery, and other business activities. As of September 30, 2015, it owned approximately 121,000 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.