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You are here:  Home  >  Articles by Jorge Mercado  -  Page 25
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More avocado consumption doesn’t add up to more profit for Calavo

By   /  Monday, December 21st, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, right, Top Stories, Tri-County Public Companies  /  Comments Off on More avocado consumption doesn’t add up to more profit for Calavo

Americans have been eating more avocados than ever during the pandemic, but the companies that sell them avocados aren’t necessarily profiting from the growing volume. Around 70% of U.S. households will have purchased avocados in 2020, with consumption on pace to top 6.25 billion avocados, 64% more than U.S. consumers bought in 2014, according to Read More →

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‘Golden age of biotechnology’ comes to Conejo Valley

By   /  Friday, December 18th, 2020  /  Banking & Finance, Biotech, East Ventura County, Latest news, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on ‘Golden age of biotechnology’ comes to Conejo Valley

Westlake Village BioPartners has launched two new funds worth a total of $500 million, bringing the total raised by the firm to more than $820 million since it was founded in 2018.

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Hemp growers hope for comeback as Ventura County loosens buffer rules

By   /  Friday, December 18th, 2020  /  Agribusiness, East Ventura County, Latest news, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Hemp growers hope for comeback as Ventura County loosens buffer rules

The Ventura County Board of Supervisors voted Dec. 15 to adopt new regulations on industrial hemp. Growers are hoping this will help reverse the decline of a crop that lost more than 90% of its Ventura County acreage from 2019 to 2020.

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GeoLinks wins federal broadband contract, plans ‘massive growth’

By   /  Friday, December 18th, 2020  /  Latest news, Small Business, Subscriber content, Technology, Tri-County Economy, West Ventura County  /  Comments Off on GeoLinks wins federal broadband contract, plans ‘massive growth’

For the past few years, GeoLinks’ goal as an internet service provider has been bringing connectivity to rural areas in California not prioritized by the bigger providers like Verizon or AT&T. It recently got a big boost in that effort in the form of a $234.9 million federal contract.

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Two Central Coast economic development nonprofits to merge

By   /  Thursday, December 17th, 2020  /  Central Coast, Latest news, Nonprofits, Tri-County Economy  /  Comments Off on Two Central Coast economic development nonprofits to merge

The economic development groups Reach and the San Luis Obispo Economic Vitality Corporation announced a merger on Dec. 17, one that will bring the EVC under the Reach banner in a combined effort to improve the economies of San Luis Obispo County and northern Santa Barbara County. The boards of both Reach and the EVC Read More →

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AeroVironment expands into ground robotics with German acquisition

By   /  Friday, December 11th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment expands into ground robotics with German acquisition

AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.

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Pandemic shutdowns put crimp in Figueroa Mountain’s bankruptcy plan

By   /  Friday, December 11th, 2020  /  Latest news, Law, Small Business, Subscriber content  /  Comments Off on Pandemic shutdowns put crimp in Figueroa Mountain’s bankruptcy plan

In the two months since it filed for bankruptcy, Figueroa Mountain Brewing Co., the region’s second largest craft brewer, has been both battling and working with its largest creditor, the Boston private equity firm White Winston.

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