Alico (NASDAQ:ALCO) (NASDAQ: ALCO) is an agricultural and natural resource management company headquartered in Fort Myers, Florida. Founded in 1898 as Atlantic Land & Improvement Company to manage extensive land holdings in Southwest Florida, Alico has evolved into a diversified enterprise focused on citrus cultivation, sugarcane production, cattle ranching, real estate development and water resource management. The company’s history reflects more than a century of land stewardship and adaptation to market and environmental challenges.
Alico’s core operations are organized into several business units. Its citrus segment encompasses the growing, harvesting, packing and marketing of oranges, grapefruit and other citrus varieties for both domestic and export markets. The sugarcane division cultivates and supplies cane to regional processing facilities under long-term contracts, while the company’s cattle operations oversee beef cattle breeding and grazing across thousands of acres of pastureland. Additionally, Alico manages timber, habitat and undeveloped acreage, leveraging its real estate portfolio for conservation, recreational use and selective development projects.
Geographically, Alico’s activities are concentrated in Hendry and Lee counties, where the company operates highly efficient irrigation and drainage systems for sustainable water use. A key part of its portfolio is the Ten Mile Canal Water Control District, which provides critical flood protection and water management services for local agriculture and communities. Through partnerships with local growers, processors and environmental organizations, Alico integrates modern agricultural practices with habitat preservation initiatives.
Guided by a seasoned executive leadership team and board of directors with deep expertise in agriculture, land development and resource management, Alico pursues long-term growth and value creation. The company emphasizes environmental stewardship, strategic land asset optimization and operational efficiency, positioning Alico to navigate industry trends while continuing its tradition of responsible land and resource use.
