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By Elijah Brumback / Thursday, August 21st, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Architectural products maker to leave Carpinteria
Forms+Surfaces plans to vacate its 65,000-square-foot campus in Carpinteria, a move that will affect 50 jobs as it shifts work to Arizona and other parts of California.
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By Stephen Nellis / Thursday, August 21st, 2014 / Earnings, Latest news, Technology, Tri-County Public Companies, West Ventura County / Comments Off on Semtech earnings on track after layoffs
Shares of Camarillo-based chipmaker Semtech Corp. were up 4.8 percent after the company announced stronger-than-expected sales and profits. Semtech, which uses a fiscal year that ends in January each year, said Aug. 20 that its second-quarter fiscal 2015 revenues were $145.7 million, up 10 percent from the previous quarter but down 12 percent from the Read More →
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By Staff Report / Tuesday, August 19th, 2014 / Agribusiness, East Ventura County, Top Stories, Tri-County Economy / Comments Off on Limoneira buys stake in Chilean citrus packing operation
Limoneira Co. has purchased a 35 percent stake in a Chilean citrus business for $1.75 million. Santa Paula-based Limoneira said Tuesday that it had made the investment in Rosales, a citrus packing, marketing and sales operation based in La Serena, Chile. The operation is located in the coastal region of northern Chile, which is a Read More →
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By Stephen Nellis / Monday, August 18th, 2014 / South Coast, Technology, Tri-County Economy / Comments Off on Infrared firms face off in smartphone market
Affordable thermal imaging is coming to a smartphone near you, with the South Coast emerging as a technology hotspot. Goleta-based Tyrian Systems, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $28.3 million, is changing its name to Seek Thermal and will offer a camera that plugs into smartphones Read More →
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By Staff Report / Monday, August 18th, 2014 / Banking & Finance, Banking Industry, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura County Credit Union purchases former Affinity Group HQ
Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union Read More →
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By Marissa Wenzke / Friday, August 15th, 2014 / Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County / 1 Comment
Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest Read More →