Tejon Ranch Co.
(NYSE : TRC)

( )
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Finance » Real Estate Development
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Company Profile

Tejon Ranch Co. is a real estate development and agribusiness company. It operates through the following business segments: Real Estate-Commercial and Industrial Development, Real Estate-Resort and Residential Development, Mineral Resources, Farming, and Ranch Operations. The Real Estate Commercial and Industrial Development segment activities include: entitling, planning, and permitting of land for development; construction of infrastructure; the construction of pre-leased buildings; the construction of buildings to be leased or sold; and the sale of land to third parties for their own development. The Real Estate Resort and Residential Development segment operations include land entitlement, land planning and pre-construction engineering, land stewardship and conservation activities. The Mineral Resources segment generates revenues from oil and gas royalty leases, rock and aggregate mining leases. The Farming segment produces revenues from the sale of wine grapes, almonds, and pistachios. The Ranch Operations consist of game management revenues and ancillary land uses such as grazing leases and filming. The company was founded by Edward Fitzgerald Beale in 1936 and is headquartered in Lebec, CA.