By Patric Hedlund and Gary Meyer, TME
The first quarter financial report from Tejon Ranch Company (TRC) was released this week, showing a profit of $1.5 million, due to a hefty $8 million in sales of water in the first three months of 2018.
“Moderate drought conditions in Kern County during the first quarter increased water sales opportunities, generating $8.0 million in revenue,” the report says. The $2.66 million a month in water sales are…(please see below to view full stories and photographs)
[Tejon Ranch promotional photo of Castac Lake]
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This is part of the May 11, 2018 online edition of The Mountain Enterprise.
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