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Port heads to court in battle with city

By   /  Tuesday, September 30th, 2014  /  Law & Goverment, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Port heads to court in battle with city

The Oxnard Harbor District has asked the Ventura County Superior Court to intervene in an increasingly contentious battle over revamping a decades-old revenue agreement with the city of Port Hueneme. The district, which controls the Port of Hueneme, sought relief in court on Sept. 30 on a technical issue related to arbitration. The district has Read More →

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Governor signs gun bills introduced after Isla Vista mass shooting

By   /  Tuesday, September 30th, 2014  /  East Ventura County, Law & Goverment, South Coast, Tri-County Economy  /  Comments Off on Governor signs gun bills introduced after Isla Vista mass shooting

Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.

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Clean Diesel chairman resigns, metals industry veteran steps in

By   /  Tuesday, September 30th, 2014  /  Banking & Finance, Technology, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel chairman resigns, metals industry veteran steps in

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →

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Lineage Logistics unveils new cold-storage facility in Santa Maria

By   /  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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Qualstar shares sink on $5.6M loss

By   /  Monday, September 29th, 2014  /  Banking & Finance, East Ventura County, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Qualstar shares sink on $5.6M loss

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →

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Upper State Street retail center sells for $3.1M

By   /  Monday, September 29th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Upper State Street retail center sells for $3.1M

Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →

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Auto exports drive record year at Port of Hueneme

By   /  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 →