LMNR
- Limoneira Company
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Overview
Company Summary
Limoneira Company (LMNR) is an agribusiness and real estate development company that specializes in growing, packing, and distributing fresh citrus fruits, primarily lemons, oranges, and avocados. The company operates in three primary business segments: agribusiness, rental operations, and real estate development.
In its agribusiness segment, Limoneira owns and manages approximately 11,600 acres of agricultural land where it grows a variety of citrus fruits. The company carefully manages its orchards to ensure the production of high-quality and sustainable crops. Limoneira also operates its own packinghouses and distribution centers, allowing it to control the entire supply chain and deliver fresh produce to customers worldwide.
Beyond agriculture, Limoneira leverages its landholdings for rental operations. The company has several properties available for lease, including commercial and residential properties. These rental operations provide a diversified income stream for Limoneira, further strengthening its financial position.
Additionally, Limoneira engages in real estate development. The company utilizes its land to develop residential and commercial properties, which it then sells or leases to generate additional revenue. This facet of the business allows Limoneira to capitalize on its valuable land assets and increase its overall profitability.
Limoneira Company focuses on sustainability and environmental stewardship. It implements various environmentally friendly practices in its farming operations, such as water conservation, soil management, and integrated pest management. The company also actively participates in community programs and social initiatives to give back to the communities it operates in.
Overall, Limoneira Company is primarily involved in the cultivation, packing, and distribution of citrus fruits, while also leveraging its land assets through rental operations and real estate development. Through its diverse business segments, the company aims to provide high-quality produce, generate reliable income streams, and contribute positively to the environment and local communities.