secwatch.observer — SEC 8-K summary
======================================

Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001104659-25-032888
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira forms 50/50 JV with Agromin to expand organic waste facility; first-year EBITDA ~$5M
--------------------------------------------------------------------------------

- JV plans 70-acre commercial composting facility (from existing 15 acres) processing green and food waste.
- First-year EBITDA projected at $5.0M shared equally; growing to $9.0M annually over ten years.
- Limoneira to lease site for ~$0.6M/year, strengthening rental operations segment.
- Project boosted by $10.0M CalRecycle grant; construction starts FY2025 with phased 2026 completion.
- Facility expected to process ~295,000 tons of organic waste per year once fully operational.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925032888/0001104659-25-032888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925032888/tm2511766d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-032888

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer