STOCKWATCH
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Farming/Seeds/Milling
Joint VentureApr 15, 2026, 04:26 PM

Limoneira Forms Joint Venture for Organics Recycling Facility

AI Summary

Limoneira Company has entered into a joint venture with California Wood Recycling, Inc. (dba Agromin) to form Agromin-Limoneira LLC. This new entity will design, construct, and operate an organics recycling facility on Limoneira's land in Ventura County. Both companies will hold a 50% membership interest in NewCo, with the facility anticipated to be operational by the second half of fiscal year 2027.

Key Highlights

  • Limoneira Company and Agromin formed Agromin-Limoneira LLC.
  • NewCo is a 50/50 joint venture for an organics recycling facility.
  • Facility will be located on Limoneira land in Ventura County.
  • Expected to be operational by the second half of fiscal year 2027.
LMNR
Farming/Seeds/Milling
Limoneira CO

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