| LMNR Description: Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through four segments: Lemon Operations, Other Agribusiness, Rental Operations, and Real Estate Development. The Lemon Operations segment grows, processes, packs, markets, and sells lemons directly to food service, wholesale, and retail customers. It has approximately 4,200 acres of lemons planted primarily in Ventura and Tulare Counties in California and in Yuma County, Arizona. The Other Agribusiness segment grows avocado; oranges; and specialty citrus and other crops, including Moro blood oranges, Cara Cara oranges, Minneola tangelos, Star Ruby grapefruit, pummelos, pistachios, and olives. This segment has approximately 1,100 acres of avocados planted in Ventura County; 1,400 acres of oranges planted in Tulare County, California; and approximately 800 acres of specialty citrus and other crops. The Rental Operations segment rents residential housing units; and commercial properties, such as office buildings and a multi-use facility comprising a retail convenience store, gas station, car wash, and quick-serve restaurant, as well as leases approximately 600 acres of its land to third-party agricultural tenants. It is also involved in organic recycling operations. The Real Estate Development segment develops parcels, multi-family housing, and single-family homes. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California. |
