Florida Grower Alico to Cease Citrus Operations Amid Hurricane Damage and Crop Decline

World News

1 year ago

News sources:

Credited from: APNEWS

Alico Inc., a prominent grower in Florida, announced it will stop its citrus growing operations following severe challenges.
The decision marks a significant shift as Alico plans to wind down operations after the current harvest, reflecting a 73% decline in citrus production over the past decade.
Florida's citrus industry has faced pressures from hurricanes like Irma and Ian, along with ongoing issues from citrus greening disease.
Alico will manage approximately 3,400 acres through third-party care and is looking at potential commercial or residential development on part of its land.
The company expects to cut up to 172 jobs in light of these changes, signaling further impacts on the regional agricultural workforce.