Glass House secures loan of up to $100M to retrofit Camarillo greenhouses for cannabis
Agribusiness, Banking & Finance, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura CountyA few months after purchasing the Houweling’s Tomatoes property in Camarillo, cannabis grower Glass House Group has secured the funding necessary to upgrade the greenhouse facility. Glass House announced Dec. 13 it has acquired a senior secured term loan agreement with a U.S.-based private credit investment fund for up to $100 million, with an initial Read More →
Final member of Inogen’s founding team to leave company
Banking & Finance, Health Care & Life Science, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, Women Inc.Ali Bauerlein, one of Inogen’s co-founders, has stepped down from her post as the company’s CFO, effective immediately on Dec. 13. According to a company news release, Mike Sergesketter has been appointed interim CFO while Inogen look to fill the position. Bauerlein will stay at Inogen in a transitional finance role through the first quarter Read More →
Saalex spins off its IT division
Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura CountyThis 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.
AeroVironment shares in nosedive after company lowers revenue guidance
Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public CompaniesShares of AeroVironment plummeted 27.5% on Dec. 7 after the company announced with its quarterly financial results that it would slash its full-year revenue guidance by at least $100 million, “primarily due to three headwinds” tied to supply chains and staffing. AeroVironment, an aerial drone company based in Arlington, Virginia but with major operations in Read More →
Dole shares down after earnings drop
Agribusiness, Banking & Finance, Earnings, East Ventura County, Latest news, Top Stories, Tri-County Economy, Tri-County Public CompaniesWestlake Village-based Dole saw its stock fall 2.5% on Dec. 3 after the company revealed a big dip in earnings for the third quarter of fiscal year 2021-22. Dole, which is dually based in Westlake Village and Ireland and is one of the largest fruit and vegetable producers in the world, saw adjusted net income Read More →
Cal Poly grads built ES Aero into an aerospace mainstay
Central Coast, Latest news, right, Subscriber content, Technology, Top Stories, 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.
Santa Barbara’s Bexson Biomedical wants to kick our opioid habit
Health Care & Life Science, Latest news, South Coast, Subscriber content, Technology, Top Stories, 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.
