Unless North American Oil & Gas Corp. can raise enough capital to cover its operating expenses by Dec. 31, the Ventura company could be forced to close down.
Many cities across the country are gearing more resources to improving public transportation and making their urban centers more pedestrian and bike friendly. In Ventura County, a $3.3 million grant from the California Transportation Commission, approved Nov. 14, is expected to boost that effort, providing funding for 54 active transportation projects in the region. Among Read More →
Tri-county voters approved $910 million in school bonds on Nov. 4, with every bond proposal passing in Ventura and San Luis Obispo counties while just one passed in Santa Barbara County.
The Ventura County Chamber of Commerce Board of Directors has announced that President and CEO Edward Summers is resigning. Summers’ resignation was effective on Oct. 24. Stepping into the position on an interim basis is current Vice Chair of Business Development Matthew Graczyk as the chamber launches the effort to find a new CEO. “We Read More →
The U.S. Department of Agriculture Farm Service Agency has awarded a five-year, $500 million contract to the Ventura-based tech firm VSolvit to provide software tech support for the department in areas such as budget and finance and management solutions.
San Luis Obispo-based real estate and development firm PB Cos., started in 2011 by partners Ryan Petetit and John Belsher, has gone from a single deal to build a few homes to a collection of projects valued at more than $300 million.
Sizable retail-based transactions keep popping up along the Highway 101 corridor. The latest of these is the Ventura Village Shopping Center in Ventura, which was recently sold to an undisclosed private company for $23.3 million. The seller was Regency Centers, a publicly-traded real estate investment trust headquartered in Jacksonville, Florida. Ventura Village is an approximate Read More →