AeroVironment shares hit all-time high behind record Q3 earnings
Shares of AeroVironment, a drone maker for the defense industry, are up more than 40% since the company announced its earnings for the third quarter, showing that demand for its products is soaring. AeroVironment, headquartered in Virginia but still maintains large operations in Simi Valley and Moorpark, beat analyst expectations by a large amount on Read More →
REC Solar adds new CEO
San Luis Obispo-based REC Solar, a nationwide developer of on-site and community solar projects, has appointed Robb Jetty as the company’s CEO. Announced March 4, Jetty has more than 20 years of experience in the development, financing, construction and operation of over $3 billion of solar and energy projects nationwide. Jetty was most recently the Read More →
Ventura County least affordable area in nation to buy a home
Ventura County now has the dubious distinction of being the least affordable housing market in the United States. That’s because it has the most restrictive land use policies of any county in the nation. Those are two key findings of the Center for Economic Research and Forecasting’s 2024 Ventura County economic prognosis. The California Lutheran Read More →
Adventist, Sutter make SLO County moves
Some of the biggest names in San Luis Obispo County health care are switching owners as both Adventist Health and Sutter Health expand their presence in the region. On Feb. 29, Adventist Health, a non-profit health group with 26 hospitals across the state, announced it has purchased two San Luis Obispo County hospitals from Tenet Read More →
Dubroff: Region’s middle market unlocks economic opportunity
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CRE: Higher interest rates impair sales transactions, Hayes report finds
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Apeel CEO steps down, mission remains same
When James Rogers founded Goleta-based Apeel Sciences in 2012, he believed the hardest part of steering the company would be finding new ways to coat each fruit to help the quality last longer and help eliminate food waste. Turns out, the hardest part was finding a way to align the mission of the business while Read More →
