Business Services Industry
California's Avocado Growers in Strong Financial Position.
Knight Ridder/Tribune Business News, March, 2001
By Maria Zate, Ventura County Star, Calif. Knight Ridder/Tribune Business News
Mar. 19--Avocado growers are seeing plenty of green lately, from fresh fruit to guacamole to cash, and all of it reflected in a record year for Calavo Growers of California.
The grower-owned cooperative reported its most successful year ever in revenues, volume and payment to its members.
Calavo's posted revenues of $225 million in 2000 -- topping its previous record-setting total of $181.5 million in 1999.
As the world's largest supplier of fresh and processed avocados, Calavo has 1,600 members total and roughly 450 in Ventura County. It reports to have a 37 percent share of the California avocado market and has operations in Santa Paula, Temecula...
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