Industry insiders shed light on the evolution of the food industry in the midst of a record-setting drought, labor issues related to the Affordable Care Act and a need for fresher, faster food access.
After more than a decade of planning and $54 million in investment, Limoneira’s 500-acre, multi-phase development project, East Area One, could receive final approval for beginning development at a Santa Paula City Council meeting on Feb. 17.
Santa Paula-based Limoneira Co. reported revenue of about $7 million for fiscal year 2014, along with a $2.8 million loss for the year’s fourth quarter.
Alan Teague, longtime chairman of Ventura County agribusiness giant Limoneira Co., has died at age 76.
Drought conditions sapped 12 percent of the value of strawberry production in Ventura County while wine grapes surged for Santa Barbara and San Luis Obispo counties to help boost the region’s crop values to $4.4 billion, according to reports on last year’s crops.
Santa Paula-based Limoneira Co. said fourth-quarter revenue jumped sharply but that it experienced a decline in profit because of expenses for Sheldon Ranch, a new 1,000-acre lemon and citrus leasehold that is expected to be profitable in 2013. The company said it expects strong results from those lemon and citrus in 2013, when it also Read More →
Limoneira Co. reported third-quarter profits of $5.1 million, a jump from the $1.5 million the company earned during the second quarter as lemon sales surged. The Santa Paula-based lemon grower’s third-quarter earnings are equal to 45 cents per share, up from 41 cents per share for the third quarter of last year. Earnings per share Read More →