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Stock impact report

Limoneira Announces Joint Venture with Agromin for Major Expansion of Organic Recycling Facility [Yahoo! Finance]

Limoneira Co (LMNR) 
Last limoneira co earnings: 3/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.limoneira.com/investor-relations
Company Research Source: Yahoo! Finance
SANTA PAULA, Calif., April 08, 2025 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 plans to expand from the existing 15-acre green waste composting facility at Limoneira Ranch in Santa Paula into a 70-acre, commercial-scale composting facility capable of processing both green waste and food waste. Upon completion, the expanded facility is projected to generate substantial financial returns for both partners, with first-year EBITDA contribution projected at approximately $5.0 million to be shared equally between Limoneira and Agromin. Annual EBITDA contributio Show less Read more
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