Major Florida grower to end citrus operations
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.
The company concluded that "growing citrus is no longer economically viable for us in Florida," with disease and hurricanes ...
The citrus company said Monday that it has lost approximately 73% of its citrus production over the past decade.
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Long-time citrus grower ends production in FloridaOne of the oldest citrus producers in the state is shutting down. It comes as another blow to the already struggling industry ...
Alico, Inc. (NASDAQ:ALCO) shares traded higher on Monday after the Florida-based agribusiness and land management company ...
In announcing Jan. 6 that it would be stepping back from citrus farming, Alico Inc. also announced it would be charting a new ...
Florida researchers work on genetically modifying trees to kill insects as Fort Myers based grower, Alico, stops citrus production.
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 ...
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development ...
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