BNET Industries
Market Cap:$193.2M
Last Fiscal Year Sales:$116.3M
- Public
- US
Dow Jones Description
Alico, a land management company operating in Central and Southwest Florida, owns approximately 135,500 acres of land located in Collier, Glades, Hendry, Lee and Polk counties.
Chief Executive Officer
Dan L. GunterNumber of Employees 203
Peer Companies
NAICS Code All Other Miscellaneous Crop Farming: 111998
Recent Events
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BRIEF-Axa CEO says no interest in buying Alico's Japan assets
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Alico, Pyramid Oil: Ratings Changes
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Alico Corrects Board Committee Changes
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Alico ALCO Misses Q2 Estimates By Wide Margin
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AIG Says Alico IPO Plan is Advancing
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AIG in talks to sell big Alico unit to MetLife: report (Reuters)
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N.Y. Fed, AIG Reach Deal to Trim Debt by $25B
News & Analysis
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alico inc. - All News and Analysis
Alico Tapped by DOE for Biorefinery Development Grant as Part of Bush's Twenty in Ten Initiative
ENERGY RESOURCE-2 March 2007-Alico Tapped by DOE for Biorefinery Development Grant as Part of Bush's Twenty in Ten InitiativeC2007 JeraOne - http://www.jeraone.com Land management company Alico Inc. has been selected by the U.S. Department of Energy for a biorefinery development grant that could total up to $33 million. ...
Alico Inc. Subsidiary, Agri-Insurance Co. Ltd., Completes Sale of 488 Acres Adjacent to Florida Gulf Coast University
Business Editors LABELLE, Fla.--BUSINESS WIRE--July 31, 2000 Ben Hill Griffin III, chairman and chief executive officer of Alico Inc. ALCO (OTCBB:ALCO), announced today that its wholly owned subsidiary, Agri-Insurance Co. Ltd., has completed the sale of 488 acres adjacent to Florida Gulf Coast University, to Miromar Development. The...
Alico Inc. Announces Dividend
LA BELLE, Fla.--BUSINESS WIRE--Oct. 5, 1999-- The Board of Directors of Alico, Inc. ALCO at its meeting on Oct. 5, 1999, declared a year-end dividend of $.30 per share payable on Nov. 5, 1999 to shareholders of record on Oct. 18, 1999.
Alico Inc. Signs Agreement to Sell 1,120 Acres of Land in Hendry County for $1.2 Million
LABELLE, Fla.--BUSINESS WIRE--Dec. 31, 1998--Ben Hill Griffin III, chairman of the board of Alico Inc., announced Thursday that the company signed an agreement to sell 1,120 acres of land in Hendry County for $1.2 million. The sale is expected to generate a gain of approximately $350 thousand. ...
Alico Inc. Announces Net Income for the Year Ended Aug. 31, 1998
LA BELLE, Fla.--BUSINESS WIRE--Oct. 16, 1998--Ben Hill Griffin III, chairman of Alico Inc. ALCO, a La Belle agribusiness company, announced that net income for the year ended Aug. 31, 1998 was $6.8 million, or $.97 per share, compared to $11.2 million, or $1.59 per share for the year...
Alico Inc. Announces Purchase of Approximately 8,400 Acres in Hendry County, Fla. From Atlantic Gulf Communities Inc
LA BELLE, Fla.--BUSINESS WIRE--June 26, 1998--Ben Hill Griffin, III, chairman of the board of Alico Inc., announced Friday that the company purchased approximately 8,400 acres in Hendry County, Fla., from Atlantic Gulf Communities Inc., for $8.1 million.Griffin stated that: "Alico is pleased to have the opportunity to acquire this property....
Corporate Profile for Alico Inc., dated Jan. 10, 1997
--BUSINESS WIRE--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services. These include Dow Jones News/Retrieval, Bloomberg Financial Markets, Reuter Company Newsyear, Reuter Business...
Alico Inc. sells 1.25 acres to SunTrust Bank
LA BELLE, Fla.--BUSINESS WIRE--Aug. 20, 1996--Ben Hill Griffin III, president and chairman of the board of Alico Inc. ALCO, announced Tuesday that Alico has sold 1.25 acres in the vicinity of Florida Gulf Coast University, to SunTrust Bank, for $350,000.The sales contract for the property was announced in July. ...
Alico Inc. makes announcement
LA BELLE, Fla.--BUSINESS WIRE--May 9, 1996--Ben Hill Griffin III, president and chairman of the board of Alico Inc., announced Thursday that the company has agreed to sell 21,700 acres of land, in Hendry County, Fla., to the South Florida Water Management District for $11.5 million.The closing is expected to occur...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Dan L. Gunter | Chief Executive Officer |
| Patrick W. Murphy | Senior Vice President and Chief Financial Officer |
| Michael R. Talaga | Senior Vice President, Human Resources and Information Technology |
| Robert M. Bogart | Senior Vice President, Non-Agricultural Operations |
| Steven Smith | Senior Vice President, Agricultural Operations |
| B. Wade Grigsby | Vice President, Ranch |
| Dwight Rockers | Vice President, Sugarcane |
| John T. Brantley | Vice President, Sugarcane & Special Crops Division |
| Michael D. Rosen | Vice President, Business Unit Manager |
| Robert P. Meiley | Vice President |
| Jerald R Koesters | Director of Accounting |
| Denise Plair | Corporate Secretary |
| Sue Hampton | Transfer Agent, Compushare |
| A. Denise Plair | Secretary |
| Evelyn D'An | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Gregory T. Mutz | Chairman of the Board and CEO, Amli Residential Properties Trust |
| Charles L. Palmer | Chairman |
| Gordon Walker | Chairman of the Department of Strategy and Entrepreneurship of Southern Methodist University |
| John R. Alexander | Chairman |
| Philip S Dingle | Chairman |
| Phillip S. Dingle | Chairman |
| Baxter G. Troutman | Board of Directors |
| JD Alexander | Board of Directors |
| Robert E Lee Caswell | Board of Directors |
| Robert E. Lee Caswell | Board of Directors |
| Robert J. Viguet | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chief Executive Officer | Current |
| Alico, Inc. | President and Chief Operating Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chairman of the Board and CEO, Amli Residential Properties Trust | Current |
| Alico, Inc. | Gordon Walker Executive Officers | Current |
| Alico, Inc. | Director | Current |
| HealthMarkets, Inc. | Chief Executive Officer | Former |
| HealthMarkets, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Senior Vice President, Human Resources and Information Technology | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Senior Vice President, Non-Agricultural Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Senior Vice President, Agricultural Operations | Current |
| Vigil Health Solutions Inc | Vice President, Research and Development, Victoria, British Columbia | Current |
| Pickfla.Com | Citrus Division Vice President of Alico Inc | Current |
| The Vigil Corp. | Current | |
| Radio Years.Com | Current | |
| Florida Citrus Mutual, Inc. | Board Member | Current |
| Pickfla.Com | Vice-Chairman, Legal, Government, Regulatory Committee | Current |
| Trueposition, Inc. | Manager | Former |
| Applied Materials, Inc. | Manager | Former |
| University of Florida | Bachelor of Science In Computer and Information Sciences | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Vice President, Ranch | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Vice President, Sugarcane | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Vice President, Sugarcane & Special Crops Division | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Vice President, Business Unit Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Director of Accounting | Current |
| Alico, Inc. | Controller (Signature) | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Corporate Secretary | Current |
| Saddlebag Lake Resorts, Inc. | Secretary & Assistant Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Transfer Agent, Compushare | Current |
Director of the Company since April 2005. Mr. Palmer is President and Chief Executive Officer of North American Company, LLLP, a diversified holding company based in Broward County, Florida which participates in specialty acquisition funds through North American Funds and real estate development through Sea Ranch Properties, Inc. Mr. Palmer has served in that capacity since 1972. Mr. Palmer acts as Chief Executive Officer of each of these Companies and of North American Business Development Companies, LLC, a business entity that manages each of the specialty acquisition funds. He is also chairman of each of the businesses held in such funds which currently include: Culinary Standards Corporation (frozen food manufacturer); Polymer Design Corporation (a liquid-resin parts manufacturer); and Unipower Corp., a manufacturer of power supplies. Mr. Palmer also serves on the boards of Sun Trust Bank of South Florida, NA, a subsidiary of SunTrust Banks, Inc., the Board of the Performing Arts Center Authority of Broward County, and the Broward County Community Foundation.
| Organization | Position | Status |
|---|---|---|
| North American Company | Chief Executive Officer | Current |
| North American Company | Chairman and Managing Partner, Fort Lauderdale Office | Current |
| Alico, Inc. | Chairman | Current |
| Alico, Inc. | Board of Directors | Current |
| Companies, Limited | Chief Executive Officer | Former |
| North American Company | President | Former |
| Northwestern University | M.B.A. | Former |
| Georgetown University | B.S.B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chairman of the Department of Strategy and Entrepreneurship of Southern Methodist University | Current |
| Alico, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chairman | Current |
| Farm Credit Co | Director | Current |
| Alico, Inc. | Chief Executive Officer | Former |
| Orange-co, Inc. | Senior Vice President | Former |
| Ben Hill Griffin Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Board of Directors | Current |
Evelyn has served on our Board of Directors since June 2007. She is the President and founder of D’An Financial Services, Inc., or DFS, an integrated business consulting and financial services firm formed in 2004 that provides accounting, finance, information technology and strategic tax expertise to its clients. Evelyn is currently serving as a director and member of the Audit Committee of Alico, Inc. a publicly-traded land management company operating in Central and Southwest Florida that is involved in various agricultural and real estate operations. From 1998 until prior to founding DFS, Evelyn, a certified public accountant, was an audit and advisory partner at Ernst & Young LLP, where, among numerous responsibilities, she established and led their South Florida Public Sector Practice.
| Organization | Position | Status |
|---|---|---|
| Hot Topic, Inc. | Director | Current |
| Alico, Inc. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Board of Directors | Current |
Director of the Company since March 2005. Mr. Caswell is the Operations Manager for PC Associates, LLC, a developer and manager of mid-rise and high-rise office properties in Atlanta, Georgia and surrounding areas. Mr. Caswell has been with PC Associates since 1994, and he has prior experience in real estate development with a variety of companies, including residential, office and industrial development: Caswell & Associates, Inc. (1991-1994), AMLI Realty Co. (1987-1991), NTS Development Corporation (1985-1987); and Merrill Lynch Commercial Real Estate (1983-1985).
| Organization | Position | Status |
|---|---|---|
| PC Associates | Operations Manager | Current |
| Alico, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Alico, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Thompson & Knight Llp | Partner | Current |
| Ridgepointe Capital Partners, Inc | Senior Advisor | Current |
| Alico, Inc. | Board of Directors | Current |
| Apache Corporation | Counsel | Former |
| Rose Law Firm | Attorney | Former |
| Conoco, Inc. | Former | |
| Grossman, Inc. | Director | Former |
| University of Texas School of Law | Juris Doctorate | Former |
Executive News
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Vigil Health Solutions Inc. (VGL) Completes 2009 AGM
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Vigil Health Solutions Inc.: Vigil Health Solutions Completes 2009 AGM
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Vigil Health Solutions Completes 2009 AGM
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Alico Corrects Board Committee Changes
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Alico Corrects Board Committee Changes
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Alico Corrects Board Committee Changes
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Alico Announces Board Committee Changes
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Alico (ALCO) Misses Q2 Estimates By Wide Margin
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Alico Reports Third Quarter Earnings
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Alico Reports Third Quarter Earnings


