
Industrial project breaks ground in Simi Valley
Latest news, Real EstateUpdated on Sept. 13 at noon: A 141,000-square-foot industrial project broke ground in Simi Valley. The four-building property coined The Point at the Simi Valley Business Center can accommodate companies looking for 30,000 to 42,000 square feet of Class A industrial space. Construction is scheduled for an April 2017 completion. “Initial interest has been strong, Read More →

Resonant plans to raise $9.2 million in public offering
Latest news, Technology, Tri-County Public CompaniesResonant, a late stage Goleta development company designing small smartphone technology, plans to raise $9.2 million in a public offering. Documents filed with the Securities and Exchange Commission Sept. 9 said the company plans to offer about 2.4 million shares for $4.25 per share. The company expects to complete the offering by Sept. 14. Resonant Read More →

Coast Guard making permanent move to Naval Base Ventura County
Latest news, West Ventura CountyThe Coast Guard will make its current operating base at Naval Base Ventura County permanent after previously announcing the closure of its Air Station Los Angeles facility at Los Angeles International Airport. “I am pleased that, with the help of local stakeholders, we were able to shepherd this permanent move to Point Mugu. The Coast Read More →

Limoneira’s third quarter revenues grow
Agribusiness, Latest newsLimoneira reported revenue increases for the third quarter of 2016, primarily from higher-than-expected sales and prices of its avocados. Revenues for the Santa Paula agribusiness and real estate development company grew 34 percent compared to the third quarter last year, from $29.8 million to $39.9 million, mirroring 35 percent growth in its agribusiness revenue to Read More →

Governor signs bill requiring state to reduce greenhouse emissions
Energy, Latest newsGov. Jerry Brown signed a bill that will require the state to reduce greenhouse gas emissions by 40 percent compared to 1990 levels by 2030. Sen. Fran Pavley, D-Agoura Hills, introduced the bill. It amends the 2006 California Global Warming Solutions Act that that requires the state to reduce statewide emission levels to at least Read More →

SpaceX launch at Vandenberg AFB delayed
Latest newsA SpaceX launch slated for 9:49 p.m. Sept. 19 at Vandenberg Air Force Base will not go ahead as scheduled. In response to a Business Times inquiry on Sept. 8, a SpaceX spokesman said in an email “There’s no SpaceX launch scheduled for Sept. 19,” but did not elaborate further. On Sept. 1, a SpaceX Read More →