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Limoneira buys stake in Chilean citrus packing operation

By   /  Tuesday, August 19th, 2014  /  Agriculture, East Ventura County, Top Stories, Tri-County Economy  /  No Comments

Limoneira Co. has purchased a 35 percent stake in a Chilean citrus business for $1.75 million. Santa Paula-based Limoneira said Tuesday that it had made the investment in Rosales, a citrus packing, marketing and sales operation based in La Serena, Chile. The operation is located in the coastal region of northern Chile, which is a […]

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Ventura County Credit Union purchases former Affinity Group HQ

By   /  Monday, August 18th, 2014  /  Banking & Finance, Banking Industry, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

VistaDelMarWEB

Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union […]

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Billion-dollar bond bonanza bound for ballot box

By   /  Friday, August 15th, 2014  /  Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest […]

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Simi Valley gains traction as Tylt expands

By   /  Friday, August 15th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  No Comments

A Simi Valley consumer electronics accessories firm is opening a new 60,000-square-foot headquarters to boost its staff, launch new brands and push its venture capital arm forward.

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Clinicas sues Gold Coast Health, alleging loss of 20K patients

By   /  Friday, August 15th, 2014  /  East Ventura County, Health Care, Law, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

Ventura County’s largest system of nonprofit health clinics is suing the entity that oversees the county’s Medi-Cal dollars, alleging that a breach of two contracts caused the clinics to lose 20,000 patients and at least $74,600 per month.

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CoastHills Credit Union expands to five counties

By   /  Wednesday, August 13th, 2014  /  Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy  /  No Comments

CoastHills Credit Union, the region’s largest credit union, has extended its reach from the southern edge of the Bay Area to the Los Angeles County line. The $750 million-asset financial institution said Aug. 13 that its July conversion from a federal to a state charter will allow it to set its service area as the […]

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Funding farming’s future: USDA tags Tri-Counties for program

By   /  Friday, August 8th, 2014  /  Agriculture, Banking & Finance, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County, Wine & Viticulture  /  No Comments

The value of the strawberry crop in Ventura and Santa Barbara counties dropped 5 percent to just over $1 billion last year as farmers struggled with the drought. (USDA photo)

  A $10 billion federal fund from the U.S. Department of Agriculture could provide much-needed assistance for developing water systems and other infrastructure in the Tri-Counties, where the region’s agriculture industry has suffered tremendous losses from the drought. The USDA has designated Ventura, Santa Barbara and San Luis Obispo counties as “drought disaster counties” as […]

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