Spy drones soaring
A Simi Valley plant with a new multi-million-dollar government contract is becoming a launch pad for engineers, technicians and other workers as it revs up production of spy planes. AeroVironment, a maker of drones used by the U.S. military, won a $200 million contract this month to provide another one of its aircraft to the Read More →
Keeping software simple
When Santa Barbara-based Citrix Online switched to a new accounting application, Brian Donahoo, a seasoned software professional and then the company
EDC-VC to expand loan pool
The Economic Development Collaborative of Ventura County, or EDC-VC, is in negotiations with the U.S. Department of Commerce to remove constraints on an underutilized loan fund that would make nearly $2 million available to Ventura County businesses, regardless of product or industry. The current fund, called the Earthquake or Disaster Response Revolving Loan Fund, and Read More →
Pacificor takes the wheel at parts firm
Santa Barbara-based hedge fund Pacificor has gained a board seat and controlling voting block in Dura Automotive, the Rochester Hills, Mich.-based auto parts maker that emerged from Chapter 11 bankruptcy late last month with Pacificor Pacificor
Camarillo firm cracks learning code
One small Camarillo-based company may have the power to improve the national economy, employee performance and lower high school drop-out rates. BrainX, which started in 2000, created an online system based on neuroscientific studies to teach people exactly what, when and how they need to learn material. “That’s what we’ve cracked the code on: Read More →
City taxes rear their heads again
Times could get even more taxing in the coming months as some South Coast communities mull over new taxes. In an abrupt move, the Goleta City Council on July 1 backed away from plans to place a city sales tax measure on the November ballot. If approved by voters, the measure could have derailed Read More →
