Stock Report: Alico Inc. (ALCO) Report Updated: May 20, 2013 | Print This Page

Alico, Inc. operates as a land management company in central and southwest Florida. The company cultivates citrus trees to produce citrus; purchases and resells citrus fruits; and cultivates raw sugarcane for sale. It is also involved in the production of beef cattle; and the raising of replacement heifers. The company primarily sells its calves to feed yards and yearling grazing operations, as well as cattle to contract cattle buyers and through local livestock auction markets. In addition, it leases land to others for grazing, farming, oil and mineral exploration, and recreational uses. Further, the company engages in the sale of native sod, plants, and trees for landscaping purposes; harvest and sale of vegetables; rock and sand mining; and real estate sales activities. As of December 19, 2011, it owned approximately 139,600 acres of land located in Collier, Glades, Hendry, Lee, and Polk counties of Florida. The company was founded in 1960 and is headquartered in Fort Myers, Florida.