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 ...
Fort Myers-based Alico will wind down its citrus operations. It's one of the largest citrus producers in Florida, but the crops have suffered from disease and damaging hurricanes.
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.
This week on The Florida Roundup, we checked in with meteorologist Megan Borowski to talk about the record-breaking snowfall ...
Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that John Kiernan, the Company’s President and Chief ...
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 ...
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 ...
Despite the best efforts and hopes of the citrus industry, hurricanes and a bacteria continue to batter Florida's diminished ...
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 ...