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Tejon Ranch Company (NYSE: TRC), based in Lebec, California, is one of the largest private landowners in California. [ 1 ] [ 2 ] The company was incorporated in 1936 to organize the ownership of a large tract of land that was consolidated from four Mexican land grants acquired in the 1850s and 1860s by ranch founder Edward Fitzgerald Beale .
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It takes money to make money. Most investors know that, but with business media so focused on the "how much," very few investors bother to ask, "How fast?" When judging a company's prospects, how ...
The pact between the Tejon Ranch Company and a coalition of environmental groups, announced in May 2008, [2] is designed to permanently protect 240,000 acres (970 km 2) of the ranch, including a vast amount outside the borders of the Tejon Mountain Village subdivision.
The community is one of the Mountain Communities of the Tejon Pass. Lebec is 40 miles (64 km) south of Bakersfield. [3] According to the United States Census Bureau, Lebec has an area of 15.3 square miles (40 km 2). The community, which is near Tejon Pass, lies at an elevation of 3,481 feet (1,061 m). [4]
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As the Tejon Ranch it stayed in the family until sold by Truxtun Beale 1912. The purchase was by a Harry Chandler—Moses Sherman lead syndicate of land investors, and became a public company in 1936. Tejon Ranch is still one of the largest private landholdings in the state, and currently an undeveloped agricultural and wildland entity.
Affordable, climate-friendly homes are on the way to the Centennial at Tejon Ranch. The map of the project is on the border of L.A. and Kern County and is hoping to help with lower greenhouse gas ...
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