Limoneira, Agromin form 50/50 joint venture for Ventura County composting center

PUBT · 04/15 20:05
Limoneira, Agromin form 50/50 joint venture for Ventura County composting center
- Limoneira signed definitive agreements to form a 50%/50% joint venture with Agromin to build a commercial composting center in Santa Paula, California.
- Project calls for a 70-acre facility to process about 295,000 tons of organic waste annually, with start-up expected in second half of fiscal 2027.
- At full capacity, venture is expected to generate substantial EBITDA, split equally between partners.
- Limoneira will lease site to joint venture for about $560,000 a year, including 89 acre-feet of annual water supply.
- Facility is permitted to handle green waste, with approval to process food waste, supporting California SB 1383 organic waste diversion goals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Limoneira Company published the original content used to generate this news brief via Business Wire (Ref. ID: 202604151605BIZWIRE_USPR_____20260415_BW071513) on April 15, 2026, and is solely responsible for the information contained therein.
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