Limoneira partnering with citrus packing company Suntreat
Santa Paula-based lemon grower and distributor Limoneira announced new market strategies in partnership with Northern California citrus packing company Suntreat. Suntreat said it was in “high growth mode,” after increasing its lemon, orange and specialty citrus acreage. “Our companies have complementary strengths and this alliance enables us to continue to be the preferred partner for Read More →
Immigration plan alarms economists
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Our view: Housing shortage spurs exodus to other states
While California’s housing crisis has begun to trigger a backlash, with some cities hunkering down behind NIMBY walls, the dire shortage of homes is having big impacts on other states. In Colorado, an influx of young, upwardly mobile professionals is fueling a boom in apartment building, driving rents higher and triggering an affordable housing crisis. Read More →
Limoneira could triple lemon output at packinghouse
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Limoneira announces cash dividend
Agribusiness and real estate company Limoneira, based in Santa Paula, announced a quarterly cash dividend for its shareholders June 27. On July 18, the company will pay 5.5 cents per common share to stockholders of record as of July 10. • Contact Marissa Nall at [email protected].
Demand increasing for tri-county processed food exports
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Limoneira reports nearly triple net income for second quarter
Limoneira nearly tripled its second quarter net income compared to last year, with revenues that climbed to $35.4 million. Net income came to $3.54 million during the quarter ended April 30, compared to $1.22 million for the second quarter of 2016. Earnings per share rose to 24 cents, up from 8 cents for the same Read More →
