StockNews.AI
LMNR
StockNews.AI
133 days

Limoneira Announces Joint Venture with Agromin for Major Expansion of Organic Recycling Facility

1. Limoneira forms a joint venture with Agromin for organic waste recycling. 2. The deal aims to expand recycling operations significantly.

2m saved
Insight
Article

FAQ

Why Bullish?

The joint venture indicates potential revenue growth through sustainable practices, similar to past successful partnerships in agribusiness.

How important is it?

The joint venture could position LMNR favorably in a growing market segment, influencing investor perception.

Why Long Term?

The partnership with Agromin may improve profitability over time as demand for organic waste recycling increases.

Related Companies

AGRM
SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced entering into a letter of intent to form a 50%/50% joint venture with Agromin Corporation, the largest organics waste recycler in California, to significantly expand their successful organic waste recycling program. The joint venture.

Related News