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  September 5, 2001
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Home > Company Index > Food, Beverage & Tobacco > Agricultural Operations & Products > Alico, Inc.

Alico, Inc.
Nasdaq: ALCO
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 PROFILE
Alico is bullish on cattle, but citrus and sugarcane generate more revenue. The company, which owns about 140,000 acres in Florida, also dabbles in sod, forestry, and land leases. Alico's citrus, which accounts for about 45% of sales, is packed or processed with fruit from other growers. It maintains a herd of 15,000 cattle, which are sold largely to packing and processing plants. The company also sells pulpwood and sabal palms to landscaping and paper companies. In addition, Alico leases land for grazing, farming, recreation, and oil and mineral exploration. Subsidiary Saddlebag Lake Resorts is engaged in land sales and development. CEO Ben Hill Griffin III owns slightly more than 50% of Alico.

 COMPETITION
Florida Crystals Inc. (dossier)
King Ranch, Inc. (dossier)
Sunkist Growers, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 59.20
1-Yr. Sales Growth: 36.4%
Employees: 144
Revenue per employee: $411,111.11

 KEY PEOPLE
• Ben Hill Griffin
    CEO
• L. Craig Simmons
    CFO

 CONTACT INFO
640 S. Main St.
La Belle, FL 33935
US
Phone: 863-675-2966
Fax: 863-675-6928

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