Florida's Natural Growers is an orange and other fruit juice products company. The private OJ manufacturer is a private cooperative of citrus growers with 13 grower associations jointly owning the firm. Florida's Natural Growers produces frozen concentrated and not-from-concentrate juices in a variety of blends including orange, grapefruit, lemonade, apple, and mixed fruits. Florida's Natural Growers sells to foodservice, retail food, and vending companies. Founded in 1933, Florida's Natural is headquartered in Lake Wales, Florida.
Overview & Corporate Organization
|Formerly Named:||Citrus World|
Citrus World Inc.
Florida Citrus Canners Cooperative
|Fiscal Year End:||12/31|
|1YR Revenue Growth Rate:||View %|
|3YR Revenue Growth Rate (CAGR):||View %|
|1YR Employee Growth Rate:||View %|
|3YR Employee Growth Rate (CAGR):||View %|
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Charts, Financials, and Statistics (Table Format)
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|*||Florida's Natural Growers fiscal year end: 12/31|
Charts, Financials, and Statistics (Graphs)
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Mergers & Acquisitions
|Details||Jun. 2000||Completed||Bartow processing plant1||Florida's Natural Growers||Acquisition|
|1||In 2000, Florida's Natural did not have enough manufacturing capacity to do it all in house, and in June 2000, the company purchased Sun Pac's Bartow processing plant. The $7.2 million acquisition increased the orange co-op's footprint by 175 acres. - Details →|
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Detailed Business Description: Florida's Natural Growers
Since its founding and throughout several corporate changes, Florida's Natural has remained a cooperative. 13 grower organizations belong to this co-op and jointly own Florida's Natural's parent company, Citrus World, Inc.
Florida's Natural maintains a top position among orange growers, and in 2011, the company's approximate $615 million in revenue represented a 20.1% share of the entire orange juice product market.
The orange juice market is significantly affected by several macroeconomic factors, including the weather, bugs/pesticides, and immigration legislation. In late 2011, the outlook for the former two issues looked bleak. In early 2012, the price of orange juice reached a record high ($2.13/lb). Combined with the Florida agricultural commisioner's prediction that bugs and pest problems will only get worse, orange juice prices could climb higher. In addition to the cold snap in Florida, a ban on Brazilian orange juice… Continue Reading →