Strawberry grower, Heritage Oaks head to trial over loan contract
A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.
Apeel blooms: Startup gets $1.3M to explore flower, produce coatings
Apeel Sciences has raised $1.3 million and is working on a new product for flower growers to complement its existing efforts to prevent fruit and produce losses to pests and spoilage.
Tech-savvy Ventura County grower re-engineers approach to raspberries
Jurgen Gramckow is one of a few Ventura County raspberry growers who are making the crop one of the county’s highest-grossing agricultural products.
Ventura County to get $1.5M through federal program
Ventura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →
Eminent domain suits clear way for Ventura County brine line
The Calleguas Municipal Water District has filed eminent-domain lawsuits against four Ventura County property owners to make way for a massive brine pipeline that will help parts of the county import less water from outside the region.
Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
