Lockheed Martin wins contract for F-35 logistics
Latest news, Technology, Tri-County Public CompaniesLockheed Martin was awarded a contract valued at $181.2 million by the Naval Air Systems Command to provide logistic services for its F-35 Lightning II aircraft. The aerospace and defense company with operations in Santa Barbara will conduct ground maintenance, supply chain management, pilot and maintainer training and support and other functions, according to a Read More →
Calavo Growers president resigning for job at FreshRealm
Agribusiness, Latest newsSanta Paula-based Calavo Growers President and Chief Operating Officer Kenneth Catchot will resign on Jan. 6 and be replaced by Lecil Cole, according to a Dec. 19 Securities and Exchange Commission filing. Catchot will take on a senior management position with FreshRealm, which Calavo holds a 46 percent ownership interest. FreshRealm is a Ventura-based company Read More →
Santa Maria agents arrested for alleged real estate scheme
Latest news, Law & Goverment, Real EstateA Santa Maria real estate sales associate was arrested on five counts of grand theft for allegedly stealing more than $500,000 from Fannie Mae and Freddie Mac. Santa Barbara County District Attorney Joyce Dudley announced on Dec. 15 that Angelo Naemi allegedly conspired with Steven Gonzales to falsify documents regarding a number of short-sale transactions. Gonzales, owner Read More →
PennyMac changes roles of several executives
Banking Industry, Latest newsPennyMac Mortgage Investment Trust in Westlake Village on Dec. 13 announced changes in the roles of several executive officers in conjunction with organizational changes announced by PennyMac Financial Services. Stanford L. Kurland, currently chairman and CEO, will assume the role of executive chairman. David A. Spector, currently executive managing director, president and chief operating officer, Read More →
Chumash bill to annex land stalls, to be reintroduced
Central Coast, Latest news, Real Estate, Tourism, Tri-County Economy, Wine & ViticultureThe federal legislation that would’ve expanded the Santa Ynez Band of Chumash Indians’ reservation did not move through Congress, but the tribe plans to submit a similar bill in the next session. The tribe aims to build 143 houses for its tribal members on 1,390 acres in Santa Ynez known as Camp 4. Yet, Congress Read More →
QAD software streamlines Yamaha Motor’s data analysis
Latest news, Technology, Tri-County Public CompaniesManufacturing software provider QAD announced Yamaha Motor Manufacturing Corporation USA as a customer Dec. 7, using its Cloud QMS software at its Newnan, Georgia facility. The recreational and all-terrain vehicle manufacturer deployed the software for purchasing and data analysis, reducing time on requests information, Wayne Pierce, senior division manager of purchasing for YMMC, said in Read More →
Inphi completes acquisition of ClariPhy Communications
Latest news, Technology, Tri-County Public CompaniesInphi’s acquisition of ClariPhy Communications, valued at $277 million in addition to the assumption of some liabilities, was completed Dec. 12. The deal, announced Nov. 1, gives the semiconductor producer with operations in Westlake Village access to products that are complimentary to its own, providing high-performance but low-power platforms for its customers, President and CEO Read More →
