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By Elijah Brumback / Monday, September 29th, 2014 / Agribusiness, Central Coast, Real Estate, Tri-County Economy / Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria
Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →
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By Staff Report / Monday, September 29th, 2014 / Agribusiness, Tri-County Economy, West Ventura County / Comments Off on Auto exports drive record year at Port of Hueneme
The Port of Hueneme in Ventura County posted its best-ever year for international trade and its second-highest year on record for domestic and global trade combined, it said Sept. 22. Auto exports, up 30 percent year-over-year, led the surge during the port’s 2013-14 fiscal year. Total tonnage moving through the port during the year was Read More →
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By Staff Report / Thursday, September 18th, 2014 / Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Calavo posts record Q3, launches FreshRealm
Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →
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By Staff Report / Tuesday, August 19th, 2014 / Agribusiness, East Ventura County, Top Stories, Tri-County Economy / Comments Off on Limoneira buys stake in Chilean citrus packing operation
Limoneira Co. has purchased a 35 percent stake in a Chilean citrus business for $1.75 million. Santa Paula-based Limoneira said Tuesday that it had made the investment in Rosales, a citrus packing, marketing and sales operation based in La Serena, Chile. The operation is located in the coastal region of northern Chile, which is a Read More →
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By Marlize van Romburgh / Friday, August 15th, 2014 / Agribusiness, Central Coast, Top Stories, Tourism / Comments Off on A fungus among us: Team hopes to cultivate truffles on Central Coast
A group of French and Chilean truffle farmers are sniffing out the Central Coast’s potential to grow the highly prized fungi. A team from Beyond Truffles, a Chilean truffle producer, and Agri-Truffe, a French truffle-tree nursery operation, are reaching out to San Luis Obispo County farmers and vintners in hopes of launching large-scale production Read More →