Update: General Magnaplate pulling out of Ventura County
Latest news, Law & GovermentGeneral Magnaplate California is closing its Ventura facility, the company announced on April 15. Difficult California business conditions and the settlement of a lawsuit filed by the Environmental Defense Center forced the closure, the company said. General Magnaplate has made reinforced parts used in the aerospace, transportation, medical, oil and other industries for 36 years. “After 36 successful Read More →
Settlement reached over General Magnaplate’s runoff into Santa Clara River
Latest news, Law & GovermentThe Environmental Defense Center and Santa Barbara law firm Keller Rohrback reached a settlement with General Magnaplate California to address alleged Clean Water Act violations stemming from storm water runoff generated by its Ventura electroplating facility. General Magnaplate, which has made reinforced parts used in the aerospace, transportation, medical, oil and other industries for more than 30 Read More →
5 tri-county companies get $545,000 in tax credits for creating jobs
Latest newsFive tri-county companies are among 103 statewide approved for tax credits for creating new jobs by the California Competes Tax Credit committee April 14. The tri-county companies will get a combined $545,560 and the total $70 million awarded will help companies across California create a projected 9,369 jobs and generate over $1.3 billion in investment. Read More →
Ceres decreases second quarter losses
Agribusiness, Latest news, TechnologyCeres Inc. narrowed its losses but revenues were still low during the second quarter. The Thousand Oaks-based ag-biotech company said net losses decreased from $8.01 million in the second quarter of 2015 to $1 million in the second quarter of 2016, the company reported April 14. Losses also fell from $1.34 per share last year Read More →
Teledyne acquires Quantum Data
Latest news, TechnologyTeledyne made its third acquisition in five days when it acquired Elgin, Ill.-based Quantum Data April 13. The Thousand Oaks industrial conglomerate said subsidiary Teledyne LeCroy acquired Quantum Data to build on wireless technology gained from an April 7 acquisition of Charlottesville, Va.-based Frontline Test Equipment. Teledyne is involved in digital imaging, instrumentation, engineered systems Read More →
Limoneira opening South Africa branch
Agribusiness, Latest newsSanta Paula-based Limoneira announced April 10 that it is launching Limoneira South Africa, a new branch of its One World of Citrus model, and partnering with Re:inc to manage packing and sales. Limoneira South Africa, based in Paarl, South Africa, will ship area produce globally and “pursue joint venture farming and packing operations,” Alex Teague, Read More →
900 attend tribute for outgoing CSUCI President Rush
Higher Education, Latest newsMore than 900 community and business leaders trekked to the Reagan Library & Presidential Museum in Simi Valley on April 9 for a tribute dinner for outgoing CSU Channel Islands President Richard Rush. Emcee Jeff Gorell, a former legislator and now deputy mayor of Los Angeles for public safety, heralded Rush for his vision and Read More →
