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Montecito Bank & Trust
Latest

Calavo Growers to pay 95 cent dividend to shareholders

By   /  Thursday, October 5th, 2017  /  Agriculture, Earnings, Latest news, Tri-County Public Companies  /  No Comments

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 →

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Latest

Cal Poly SLO contracts with REC Solar for solar farm project

By   /  Tuesday, October 3rd, 2017  /  Agriculture, Central Coast, Education, Energy, Latest news  /  No Comments

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 →

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Dole Food lays off another 400 berry workers

By   /  Tuesday, September 19th, 2017  /  Agriculture, East Ventura County, Latest news, Tri-County Public Companies  /  No Comments

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 →

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Innovation, pot will disrupt economy of Tri-Counties

By   /  Friday, September 15th, 2017  /  Agriculture, East Ventura County, middle, Technology, Tri-County Economy  /  Comments Off on Innovation, pot will disrupt economy of Tri-Counties

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Limoneira stock soared as hurricane hit Florida

By   /  Friday, September 15th, 2017  /  Agriculture, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira stock soared as hurricane hit Florida

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Our view: Dole Food layoffs loom over Ventura County

By   /  Friday, September 15th, 2017  /  Agriculture, Editorials, Latest news, Opinion  /  Comments Off on Our view: Dole Food layoffs loom over Ventura County

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Latest

Limoneira reports revenues up but net income down

By   /  Monday, September 11th, 2017  /  Agriculture, Earnings, Latest news, Tri-County Public Companies, West Ventura County  /  Comments Off on 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 →

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