date:Sep 29, 2019
companies Peace River Citrus Products and Scott Family Companies and its partners will invest more than US$25 million to plant a quarter million new grapefruit trees on 1,500 acres in Florida, in a bid to boost grapefruit crop by 15 percent. The move is dubbed as the first major grapefruit planting in the state since citrus greening decimated Floridas existing grapefruit groves. The rehabilitation of Floridas citrus industry is backed by Coca-Cola, which invested US$2 billion, announced in 2013