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Alico history
Alico company history timeline
Sound management and vision from the parent company provided that direction, and in 1960, a new company was born from properties spun off by Atlantic Coast Line Railroad and its subsidiary, The Atlantic Land and Improvement Company.
According to the 1970 annual report, Alico posted revenues of $2.5 million and net income of $157,000.
His son, Ben Hill Griffin III, was named to the board, and then in 1973 the elder Griffin took over as chairman of the board of directors.
A year later, in 1974, it officially adopted the Alico name.
The company reached a significant milestone in the 1987-88 season when it surpassed the two million box mark in citrus production.
In March 1990 Griffin died at the age of 79, leaving his estate (Forbes estimated his personal wealth at $300 million) to his five children but appointing his only son as the sole trustee to his business empire.
The lawsuit went to trial in March 2001, but it never came to a judgment because after three days of testimony the two parties agreed to a settlement, which called for Griffin to receive a 40 percent share of the family's total assets and the four sisters to share the remaining 60 percent.
Florida Trend reported in October 2001, "As Florida Gulf Coast University grows and adjacent cattle lands are bulldozed for development, Alico's 10,000 acres around the university are skyrocketing in value, in some cases, from $5,000 an acre to upward of $90,000."
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Alico competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bowne & Co | 1775 | $781.9M | 3,000 | 12 |
| Suburban Landscape Management Inc | 1995 | $2.6B | 7 | - |
| Better | 2014 | $260.0M | 8,748 | 105 |
| Allston Trading | 2003 | $6.7M | 137 | - |
| CIC | 1859 | $390,000 | 2 | 2 |
| Concord Corporate Services Inc | 1992 | $160.0M | 500 | 16 |
| CBC Companies Inc | 1948 | $590.0M | 1,400 | - |
| Bt Financial Group | 1969 | $220.0M | 1,265 | 3 |
| Cal | - | $670,000 | 50 | 64 |
| Capricorn Management | 1987 | $3.5M | 9 | 28 |
Alico history FAQs
Zippia gives an in-depth look into the details of Alico, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Alico. The employee data is based on information from people who have self-reported their past or current employments at Alico. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Alico. The data presented on this page does not represent the view of Alico and its employees or that of Zippia.
Alico may also be known as or be related to Alico, Alico Inc, Alico Inc., Alico Services Corporation and Alico, Inc.