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Alico, Inc.

Alico, Inc.

Agriculture
Fort Myers, FL · ALCO · Public
Alico has completed a strategic exit from citrus operations and is repositioning itself as a Florida-focused land management and real estate development company, with a $650M-$750M land portfolio now central to its business model. The company is actively monetizing land through sales ($34.6M YTD), securing development entitlements (Corkscrew Grove East Village approval), and leasing agricultural acreage.

Alico, Inc., along with its affiliated entities, functions as a prominent agribusiness and land management enterprise primarily within the United States. The company's operations are strategically divided into two core segments: Alico Citrus, and Land Management and Other Operations. The Alico Citrus division is dedicated to the cultivation of citrus trees, supplying fruit for both the fresh produce market and various processed citrus products. Meanwhile, the Land Management and Other Operations segment is responsible for the ownership and oversight of extensive land holdings in Collier, Glades, and Hendry Counties. This segment also generates income by leasing its properties for diverse purposes, including recreational activities, livestock grazing, conservation efforts, and mining ventures. As of September 30, 2021, Alico controlled a substantial portfolio of 83,000 acres situated across eight Florida counties: Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was established in 1960 and its corporate headquarters are located in Fort Myers, Florida.

Employees
199
Mfg Plants
8
All Facilities
9
Activity
7/10
Type
Public

Plant Locations (9 mapped)

ALCO Stock Price

Manufacturing Plants (8)

DeSoto County Citrus Groves
Arcadia, FL
Citrus grove landholdings in DeSoto County used for orange/citrus cultivation; winding down post-2025 harvest
Bonnet Lake Grove (Highlands County)
Avon Park, FL
~608-acre citrus grove on north shore of Bonnet Lake in Highlands County; former orange grove; Alico pursuing rezoning for residential development
Lost Grove / Frostproof Citrus Operations
Frostproof, FL
Active citrus grove operations in Polk County; one of Alico's confirmed operational grove sites for citrus cultivation and fruit production
Corkscrew Grove (Collier County Groves)
Immokalee, FL
~4,660-acre former citrus grove on Corkscrew Road at NW corner of Collier County near Lee/Hendry county borders; final citrus harvest 2024-2025; now in entitlement for Corkscrew Grove Villages development
Hendry County Citrus Groves
LaBelle, FL
Alico's largest historic citrus landholding including the Alexander Grove (~3,280 acres purchased 2020) and neighboring groves in Hendry County; final harvests 2024-2026; some acreage leased to third-party growers
Glades County Land Holdings
Moore Haven, FL
Agricultural land in Glades County used for grazing, hunting leases, conservation, and mineral rights; part of Alico's eight-county land management portfolio
Charlotte County Citrus Groves
Punta Gorda, FL
Citrus grove acreage in Charlotte County; included in Alico's seven-county citrus footprint; shifting to third-party lease arrangements or divestiture
Hardee County Citrus Groves
Wauchula, FL
Citrus grove operations in Hardee County; part of Alico's seven-county citrus footprint; post-2025 harvest transition to leasing/land management

Other Facilities (1)

Corporate Headquarters
Fort Myers, FL · hq
Corporate headquarters and executive offices for this ~51,300-acre Florida agribusiness and land management company