Unemployment continues rising on the Central Coast
Central Coast, Columns, Economy, Latest news, Tri-County EconomyThe Central Coast jobless rate is on the rise for the second consecutive month, jumping to 4.56% in July from 4.3% in June, according to the California Employment Development Department’s latest numbers released Aug. 21. All three counties saw their unemployment rate increase in July. Ventura County’s rate was 4.7%, up from 4.5% in June. Read More →
Diablo Canyon receives $271M from DOE to support extending operations
Central Coast, Energy, Latest news, left, Subscriber content, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Limoneira’s Windfall Farms nets $15M in all-cash sale
Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Top Story, Tri-County EconomySanta Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Farms, for $15 million in an all-cash deal with a private buyer. Announced Aug. 17, the sale follows a competitive public auction conducted by Concierge Auctions in cooperation with Sotheby’s International Realty, which started on Aug. 15. The transaction Read More →
Swarm Aero secures $10M contract
Latest newsOxnard-based Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced over $10 million in contracts with the Air Force Research Laboratory to perform research and development on the company’s novel, high-rate composite manufacturing approach and produce aircraft parts for the U.S. Air Force. Announced Aug. 10, since being founded in 2022, Swarm has Read More →
Semtech sells off cellular module business for $62M
Latest news, Technology, Tri-County Public CompaniesCamarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984. The deal is expected to close in the fourth Read More →
Latigo’s successful IPO boosts Conejo Valley
East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public CompaniesThe success of the Conejo Valley’s burgeoning biotechnology and life sciences scene was boosted after Thousand Oaks-based Latigo Biotherapeutics, in its Aug. 6 initial public offering, raised $345.6 million, exceeding its initial fundraising expectations. Originally, the company expected to offer 16 million shares between $16 and $18 apiece. In the final offering, Latigo sold 19.2 million shares at Read More →
26 companies represent the region on 2026 Inc. 5000 list
Central Coast, Latest news, Subscriber content, Technology, Top Stories, Top StoryThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
