Gov. Jerry Brown has named Ventura and Kern counties among four newly-established innovation hubs designed to spur job growth. The so-called Kern-Ventura i-Hub is designed to foster the growth of high-tech companies in aerospace, energy and other fields and is part of the California iDEA Hub. It will be based in Ridgecrest, in Kern County Read More →
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The ’70s are back. At least when it comes to the state of commercial real estate development in Ventura County. While new home building in Ventura County is up compared to last year, commercial development is at a 37-year low, according to the latest report from the California Economic Forecast. Total investment in Ventura County Read More →
Many of the region’s largest manufacturers say they face a shortage of skilled factory workers. That’s despite high unemployment rates and a steady decline in tri-county manufacturing jobs in recent years. Industry experts say the shortage stems from a number of factors, including a dearth of young people interested in manufacturing careers. Few students are Read More →
The Port of Hueneme has secured a five-year extension of its contract with Del Monte Fresh produce, the port’s biggest banana customer. Bananas are the port’s largest import, accounting for about 46 percent of its overall import business by revenue ton, a unit of measure devised to equalize shipments of disparate products. The banana firm Read More →
Ventura County will see more housing starts, retail growth and moderate job gains through the end of the year and next year.