We develop and farm nut orchards, primarily in the central valley of California. The region supplies 99% of the pistachios grown in the US, and over 80% of the almonds grown worldwide. The majority of our product is exported to meet consumer demand in world markets. We believe worldwide nut consumption will increase as middle class segments grow in emerging markets, and as consumers continue the trend towards healthy plant-based proteins.
We acquire open ground and transform the land into either pistachio, almond or walnut orchards, depending on the soil, water and geography of the land. In some cases, we purchase existing orchards. We manage the horticultural and financial operations of the orchards to provide a competitive return to our investors. We have been operating in California for over 20 years and our track record is made possible by our expertise in the following areas: Development, Operations, and Enterprise Management.
To date we have developed and operate 18 different properties and have amassed considerable experience and expertise to ensure that we can deploy capital and marshal resources to build sustainable farms that provide long term economic benefits to our investors.
The business of farming is complex. We grow food for a global market and approximately 70% of the product is exported for consumption to distant markets.