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Stock impact report

Limoneira Announces National Homebuilders, Lennar and KB Home, to Lead First Phase of Residential Home Building for Harvest at Limoneira

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: Business Wire
SANTA PAULA, Calif.--(BUSINESS WIRE)-- Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus packing, sales and marketing company with related agribusiness activities and real estate development operations, announced today that it is partnering with two of the United States leading homebuilders, Lennar (NYSE: LEN) and KB Home (NYSE: KBH), to be primary builders for the first 180 homes in the initial 632 residential units of the Company’s Harvest at Limoneira project. Phase one sales began in October 2018 and lot closings are anticipated in January 2019. Harold Edwards, President and Chief Executive Officer, stated, "We are very pleased to be partnering with two of the nation’s largest homebuilders, Lennar and KB Home, to lead the first phase of development at Harvest at Limoneira. Both builders are very excited about this long-term opportunity based on the development’s well-ba Show less Read more
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