Calavo Growers to pay 95 cent dividend to shareholders
Santa Paula avocado distributor Calavo Growers announced Oct. 4 that it would pay a 95 cent dividend to shareholders, for a total of $16.7 million. Shareholders of record as of Nov. 17 will receive the dividend on Dec. 8. The company said in a news release that it was the sixth year that it had Read More →
Cal Poly SLO contracts with REC Solar for solar farm project
Cal Poly San Luis Obispo announced the launch of a 4.5 megawatt solar farm project Oct. 3 that will provide around a quarter of its total electricity usage. The university has contracted with REC Solar to finance construction and maintenance through a power purchase agreement. Construction began in late September and is expected to be Read More →
Dole Food lays off another 400 berry workers
Westlake Village-based Dole Food continued to downsize its California berry operations with a layoff of more than 400 workers in Watsonville. The company submitted a notice to the California Employment Development Department at the end of August stating that the employees would be laid off effective Oct. 28. This comes after the announcement that 172 Read More →
Innovation, pot will disrupt economy of Tri-Counties
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Limoneira stock soared as hurricane hit Florida
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Our view: Dole Food layoffs loom over Ventura County
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Limoneira reports revenues up but net income down
Santa Paula citrus producer and real estate investment company Limoneira reported on Sept. 11 a slight increase in revenues for its third quarter, ended July 31, but a drop in net income to $7.7 million, or 52 cents per share. Avocado production fell by nearly half, since the crop bears in alternate years, but declines Read More →
