Mid-year newsroom update: New faces, new look and our 15th
With 2014 nearly at the half-way mark, I thought it would be a good time for a mid-year report from the Business Times newsroom. First, I’d like to introduce Elijah Brumback, who joined our news team as a staff writer on June 2. Brumback previously worked for MiBiz, a bi-monthly business magazine based in Grand Read More →
Upper State Street office building sells for $10 million
The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →
Venoco cuts workforce
Venoco, a Denver-based oil company with operations in the Tri-Counties, is laying off part of its workforce.
EDCO president to retire Sept. 1
Marking the fourth transition at a major Ventura County nonprofit in less than a month, Steve Kinney, the founding president of EDCO, the economic development group for Oxnard, said he will step down on Sept. 1.
Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
