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Home > Company Index > Food, Beverage & Tobacco > Agricultural Operations & Products > Lykes Bros. Inc.
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Lykes Bros. Inc. |
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PROFILE |
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If only life for Florida citrus magnates the Lykes family were as sweet as the fruits which made its fortune. Family-owned Lykes Bros., once the #1 US maker of private-label juices, now holds only small insurance and fertilizer interests and 600,000 acres of land (for orange groves and cattle in Florida and Texas). To focus on its juice business, the company sold its banking, shipping, meat processing, and convenience store interests. Lykes then sold its juice operations in 1999, making it worth about half what it was the year before. The results? A big lawsuit filed on behalf of more than 80 family shareholders unhappy because they feel the juice business was undervalued.
COMPETITION |
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King Ranch, Inc. (dossier)
Tejon Ranch Co. (TRC)
Topa Equities, Ltd. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 450.00
1-Yr. Sales Growth: 0.0%
Employees: 450
Revenue per employee: $1,000,000.00
KEY PEOPLE |
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Howell Ferguson
CEO
Susan Casper
CFO
CONTACT INFO |
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400 N. Tampa
Tampa, FL 33602
US
Phone: 813-223-3981
Fax: 813-470-5058
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