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Latest

Goleta fire station gets Coastal Commission OK

By   /  Friday, September 11th, 2020  /  Latest news, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Goleta fire station gets Coastal Commission OK

The California Coastal Commission voted unanimously on Sept. 10 to approve a new fire station in western Goleta, a project approved by the city of Goleta in 2018 to improve emergency response times and fire preparedness. The new fire station will be built on a city-owned property at 7952 Hollister Ave., near Sandpiper Golf Club. Read More →

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Mission Produce plants seed for IPO

By   /  Thursday, September 10th, 2020  /  Agribusiness, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Mission Produce plants seed for IPO

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SLO County airport chief to depart for SFO

By   /  Thursday, September 10th, 2020  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on SLO County airport chief to depart for SFO

Kevin Bumen, San Luis Obispo County’s director of airports, is stepping down at the beginning of October. Bumen, who has managed San Luis Obispo County’s two airports since 2013, is taking a new position as the first chief commercial officer for San Francisco International Airport. His last day in San Luis Obispo is Oct. 9, Read More →

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AeroVironment’s revenue up, profit down

By   /  Wednesday, September 9th, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AeroVironment’s revenue up, profit down

AeroVironment, the Simi Valley-based drone maker, said revenue in its first quarter grew slightly to $87.4 million as the company’s profit fell to 42 cents per share from 71 cents a year earlier. “We are on track to achieve our fiscal year 2021 plans and deliver another year of profitable top line growth, despite the Read More →

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Limoneira reports profit, record sales

By   /  Wednesday, September 9th, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira reports profit, record sales

Santa Paula-based citrus producer Limoneira reported a solid third quarter on Sept. 9, with revenue up 5.3 percent and a profit of 12 cents per share that reversed a year-ago loss. The company said it sold a record 2 million cartons of lemons for the quarter and avocado volume increased. The company’s real estate operations Read More →

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Calavo reports net loss, revenue decline

By   /  Wednesday, September 9th, 2020  /  Agribusiness, Banking & Finance, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo reports net loss, revenue decline

Calavo Growers reported a 24.7 percent decline in revenue and a net loss of $15.6 million, or 89 cents per share, for its fiscal third quarter, as it adapted to lower avocado prices and took a loss on its investment in FreshRealm, its meal-kit delivery venture. Calavo, based in Santa Paula, said total revenue for Read More →

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AppFolio to sell legal unit for $193M

By   /  Tuesday, September 8th, 2020  /  Banking & Finance, Latest news, Law, Real Estate, South Coast, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio to sell legal unit for $193M

In a move that reflects a shifting landscape for the software business, Goleta-based AppFolio said Sept. 8 that it is selling its MyCase legal practices suite of services for $193 million to a group of private equity funds. The all-cash deal concentrates AppFolio’s services in the real estate management field, where it has carved out Read More →

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