Alico, Inc. (NASDAQ: ALCO) is an agribusiness and land management company focused primarily on citrus production in Florida. The company cultivates and manages citrus groves, producing oranges and other citrus varieties that are processed into juice and related products. Alico sells fruit to processors and markets its agricultural products through commercial relationships within the citrus industry.
In addition to citrus operations, Alico manages extensive Florida land holdings for agricultural, environmental, and other land-use purposes. Its activities have included cattle grazing, leasing, conservation and mitigation initiatives, and the management of mineral, water, and other land-related resources. The company’s operations are concentrated in Florida, where it owns and manages agricultural acreage across several regions.
Alico traces its roots to the Atlantic Land and Improvement Company and has operated as a Florida-based land and agricultural enterprise for decades. Its business is influenced by citrus production conditions, including weather, disease, water availability, crop yields, and market demand. The company’s strategy combines agricultural production with the long-term management and utilization of its land assets.
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