Citrus, land firm dishes on the transition to becoming a developer

The CEO of Alico Inc. told luncheon audience that the Fort Myers company began looking at changing its approach to business long before shuttering its citrus operations this year.

  • By Louis Llovio
  • | 5:00 a.m. May 21, 2025
  • | 0 Free Articles Remaining!
Alico Inc. in Fort Myers began planning its transformation to a diversified land company about two years before shutting down its citrus production.
Alico Inc. in Fort Myers began planning its transformation to a diversified land company about two years before shutting down its citrus production.
Image via Alicoinc.com
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Two and half years before Alico Inc. announced it was getting out of the citrus business, the company knew it had to make a change.

Production was dropping fast, and the citrus industry was no longer viable. The Fort Myers company, a statewide leader in citrus production for 120 years, needed to do something different.

 

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