| Title: |
Tropicana Supplier Alico to Shut Citrus Unit as Industry Suffers. |
| Authors: |
Peng, Ilena (AUTHOR) |
| Source: |
Bloomberg.com. 1/6/2025, pN.PAG-N.PAG. 1p. |
| Subject Terms: |
*Citrus fruit industry, *Chief executive officers, Hurricane Irma, 2017, Citrus greening disease, Agricultural diversification |
| Abstract: |
Alico Inc., a major US orange grower and supplier to Tropicana, has announced the closure of its citrus division due to a long-term decline in production caused by disease and hurricanes. The Florida-based company will transition into a diversified land company after the current crop is harvested in 2025. This decision reflects the challenges faced by Florida's citrus industry, with Alico citing a more than 70% decline in citrus production over the past decade due to greening disease and hurricane damage. [Extracted from the article] |
|
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| Database: |
Business Source Complete |
|
Full text is not displayed to guests. |
Login for full access.
|
