Tropicana orange supplier Alico to exit citrus business

Tropicana orange supplier Alico to exit citrus business

Supply chain and logistics news

Alico Inc. CEO explains shift away from citrus industry - Gulfshore Business

Profits from citrus farming just weren’t enough for Alico Inc.’s shareholders. In announcing Jan. 6 that it would be stepping back from citrus farming, Alico Inc. also announced it would be charting a new course for the future. Founded in the 1800s as a railroad company, Alico soon diversified its interests to timber. By the 1960s, those business interests were centered around citrus farming. But in 2017, a one-two punch of Hurricane Irma and a …