The Tejon Ranch Company , based in Lebec, California, is one of the largest private landowners in California. [The federally gifted lands still held by the Catellus Corporation, a successor to the Southern Pacific Land Company, are much more extensive.] It was incorporated in 1936 to organise the ownership of a large tract of land originally comprising four Mexican land grants, and began ranching in the 1840s. It now controls over 270,000 acres in the southern San Joaquin Valley, Tehachapi Mountains, and Antelope Valley. Tejon Ranch grows almonds, pistachios, walnuts, wine grapes, and... several varieties of row crops. Depending on the season, up to 12,000 head of cattle can be found grazing on the ranch. Cattle leases cover about 250,000 acres . In 1843, the Mexican government made grants for the land that became three ranches: the 26,626-acre Rancho Los Alamos y Agua Caliente; the 97,617-acre Rancho El Tejon; and the 22,178-acre Rancho Castac. A fourth tract, the 48,800-acre Rancho La Liebre, was granted in 1846.
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| NYSE symbol: | TRC |
| Headquarters: | Lebec, California |
| Annual revenue: | $40,120,000 |
| Net income: | $4,110,000 |
| Operating income: | $1,480,000 |
| Market cap: | $690,000,000 |
| Industries: | Real Estate |