Limoneira Co. buys leases in San Joaquin Valley
Limoneira Co., the 120-year-old global agribusiness, announced today that it has entered into a purchase agreement to acquire 157 acres of lemon, orange and specialty citrus orchards in the San Joaquin Valley for approximately $3.3 million. The transaction is expected to close in 60 days. The orchards are being acquired thanks to purchase options within Read More →
Read More →Dubroff: Teague chose family over politics, and Ventura County prospered
Well-dressed, tall and affable, Alan Teague was a board chairman right out of central casting. The Limoneira Co. chairman had a politician’s gift for remembering names and faces. He had a welcoming way with strangers that complemented his ambition and drive. He was pretty much the most important person in Republican Party politics in West Read More →
Read More →Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
Read More →Limoneira could lead water-efficiency push in California drought
One of the cool things about covering business in the Tri-Counties is that at least once a year we get a pretty close look at what’s happening at one of the region’s largest agribusiness holding companies. That’s because Santa Paula-based Limoneira Co., founded in 1893, happens to be a publicly traded company. The company began Read More →
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