Our Story

Our Founder

Keith Walden, the son of a banker and a farmer in Santa Paula, CA. 

At an early age he was expected to help in the family farm where he learned the business and experienced the highs and lows of the industry. It all helped him to develop the character and discipline needed to succeed.

The ever-changing conditions of the world, the markets, the elements in nature, and his curious entrepreneurial spirit made Farmers Investment Co what we are today; one of the largest pecan producers in the world. 

“I bought this land (Sahuarita) and Continental to grow cotton but when disease came, we were driven out of that business. I never dreamed I would be growing pecans”

Timeline Since 1915
1915

Growing Rubber

To face a potential shortage of rubber during WWI, Bernard Baruch, Joseph Kennedy, and J.P. Morgan founded and developed the Continental Farms to grow Guayule, a well known source of rubber. The project ended at the end of the war.

1922

Continental Farm is Sold

Queen Wilhelmina of the Netherlands purchased the land. At first, she rented it to cotton farmers. In 1945 she took over the operation investing in harvesting equipment that made this endeavor significantly profitable.

1937

FICO is Established

Through the late years of school, Keith Walden was planting citrus, avocados, and a vegetable nursery in California. This endeavor was quite profitable. His interest and success after branching on his own led him to established Farmers Investment Co

1949

Walden Purchases

After the passing of the Queen, the farm became for sale again. This happened at the same time that Keith Walden was looking to invest outside of California. With the desire and the proper investor FICO purchases the land to continue farming cotton.

1954

The Feed Lot

FICO started a 10,000-head cattle feedlot to feed the grains and alfalfa grown as a rotation crop for cotton. The cattle also helped with grass control between the cotton rows that otherwise would have taken over the crop. 


1955

Sahuarita 

When 5,000 acres of irrigated land and 3,000 acres of pasture land adjacent to Continental Farms became for sale, FICO purchases the acreage. Within a few years it became the site of FICO’s headquarters in Sahuarita. 



1965

Planting Pecans

The development of synthetic fibers and changes in the market components, lead FICO to experiment with different crops including and ultimately choosing pecans. By 1969 FICO had more than 6,000 acres with planted pecan trees.


1971

First Harvest

By this year the some of the first planted trees were producing nuts. From this year until now, FICO averages a yield of 2,200 lbs./acre. At the time, after the product was harvested, it was transported to New Mexico to be processed by Stahmanns Farms. 


1975

Processing Facility

FICO finishes the construction of a $1.5 million processing plant. The growing production made it imperative for the company to have its own facility. This permitted to have better control of how product is stored, processing time, sales, and inventory.

1981

Store Opens

For over 40 years the Pecan Store became on of the local-favorite shop. The community visit here in search of fresh and tasty pecans and other related items. The Pecan Store served as a link between the community and the operation. 


2009

The Festival

The Sahuarita Pecan Festival celebrated the beginning of harvest. For 10 years this event brought business, families, entertainers, and many non-profit organization together. In 2019, the event was recognized as a one of the top community events.


2021

Back to Farming

In response to the dynamics of the market, FICO makes the decision to end part of its operation to focus on what make sustainable sense, the farm. Pecans are currently grown, harvest, clean, and sold as “inshell” to a well-established U.S. processor.


The Finest Production

Our pecans are premium quality!

The farming experience and investments made into our practices have resulted in a pecan that is well-recognized in the market. Our pecans not only have reached every corner of our nation, but over 26 countries around the world.