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Calavo posts record Q3, launches FreshRealm

By   /  Thursday, September 18th, 2014  /  Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo posts record Q3, launches FreshRealm

Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →

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Auto World Center in Simi Valley sells for $3.9M

By   /  Tuesday, September 16th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Auto World Center in Simi Valley sells for $3.9M

  A nearly 30-year-old property in Simi Valley recently traded hands for more than $3.9 million. The Auto World Center, a fully-leased 18,875-square-foot multi-tenant retail center of automotive services, was bought by the Khajerian Family Trust in all-cash deal, according to a release from the Westlake Village office of real estate firm NAI Capital. The Read More →

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Limoneira Co. chairman dies at 76

By   /  Sunday, September 14th, 2014  /  Agribusiness, Top Stories, Tri-County Public Companies, West Ventura County  /  5 Comments

Alan Teague, longtime chairman of Ventura County agribusiness giant Limoneira Co., has died at age 76.

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Google, Microsoft vie for UCSB top minds with quantum initiatives

By   /  Friday, September 12th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Google, Microsoft vie for UCSB top minds with quantum initiatives

Google has selected a UC Santa Barbara lab for a new quantum-computing initiative just a short distance from where Microsoft has an established outpost, setting up a battle among tech giants on the South Coast. On Sept. 2, Google’s Quantum Artificial Intelligence Lab said that it was launching a new hardware push to design and Read More →

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Beer business froths over: Breweries plan major expansions in the region

By   /  Friday, September 12th, 2014  /  Central Coast, South Coast, Special Sections, Top Stories, Tourism, West Ventura County, Wine & Viticulture  /  Comments Off on Beer business froths over: Breweries plan major expansions in the region

With new taprooms and expansion plans galore for the region’s craft-brew business, it’s heady days for the Tri-Counties’ beer industry.

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The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

By   /  Friday, September 12th, 2014  /  Real Estate, Small Business, South Coast, Top Stories, Tourism  /  Comments Off on The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

A much-wondered-about project at the corner of Laguna and Haley streets in Santa Barbara is poised to become the next big attraction to a corridor that area real estate insiders say is shaping up as the latest extension of the city’s Funk Zone.

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Region’s Richest 2014

By   /  Friday, September 12th, 2014  /  Banking & Finance, Personal Finance, Special Sections, Top Stories  /  Comments Off on Region’s Richest 2014

Pulling back the curtain on wealth in the Tri-Counties, we rank the 20 richest people in Ventura, Santa Barbara and San Luis Obispo counties.