AMREP Corporation · Princeton, NJ United States ·(NYSE: AXR)

Mailing magazines and developing land in New Mexico keep AMREP hopping. About 80% of the company's sales come from the distribution and subscription fulfillment services it provides through its Kable Media Services and Palm Coast Data subsidiaries. Kable serves about 280 publishing clients by managing subscriptions and mailing some 900-plus magazine titles. AMREP Southwest continues to develop its Rio Rancho property (some 17,250 acres) outside Albuquerque, New Mexico. The company dropped its homebuilding operations outside of New Mexico in the late 1990s, and after restructuring its real estate segment exited homebuilding altogether. To read the full description, subscribe now.