Houweling’s to close Camarillo greenhouse, lay off 486 workers
Agribusiness, Latest news, right, Top Stories, Tri-County Economy, West Ventura CountyHouweling’s Tomatoes, an indoor tomato and cucumber grower based in Camarillo, will lay off nearly 500 employees and will cease operations by the end of September, according to a notice filed with the state of California and county of Ventura. California’s Worker Adjustment and Retraining Notification Act, or WARN, requires companies to notify state and Read More →
Amgen reports Q2 earnings decline
Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Tri-County Economy, Tri-County Public CompaniesAmgen saw a 73% decline in net earnings in the second quarter of 2021, the company announced Aug. 3. Thousand Oaks-based Amgen, one of the world’s largest biotechnology companies, reported earnings per share of 81 cents for the quarter ended June 30, down from $3.05 per share in the same quarter last year. According to Read More →
Transphorm closes deal in Japan
Banking & Finance, Earnings, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesGoleta-based Transphorm announced the close of its acquisition of a Japanese-based water fabrication company on Aug. 2, alongside its new joint venture capital partner, JCP Capital. The facility, located in Aizu Wakamatsu, Japan, is considered to be the premier wafer manufacturing fab in the world for high-voltage gallium nitride power semiconductors, according to a press Read More →
Running shoe sales propel Deckers to profitable quarter
Banking & Finance, Earnings, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public CompaniesGoleta-based Deckers Brands started its 2021-22 fiscal year strong, reporting huge increases in earnings and revenue in quarterly results released after the markets closed July 29. The parent company of Ugg, Teva and other footwear brands delivered earnings of $48.1 million in the most recent quarter, or $1.71 per share, much better than the same Read More →
Teledyne shares rise after first earnings report since Flir acquisition
Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public CompaniesTeledyne Technologies crushed analysts’ expectations July 28, delivering revenue in the second quarter of 2021 that doubled its total from the same quarter a year ago, thanks in large part to its acquisition of Flir systems, an Oregon based company with significant operations in Goleta. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, generated $1.12 Read More →
Umbra launches out of stealth mode
Latest news, right, South Coast, Startups, Subscriber content, Technology, Top Stories, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Takeda expansion is latest coup for Conejo Valley pharma industry
East Ventura County, Health Care & Life Science, Latest news, left, Technology, Top Stories, Tri-County EconomyTakeda Pharmaceuticals, a Japanese company with major operations in the Conejo Valley, will expand its facility in Thousand Oaks, investing $126 million to build out the manufacturing operations to support new product lines. The Takeda team, alongside the mayor of Thousand Oaks, Claudia Bill-de la Peña, is scheduled to hold a groundbreaking ceremony for the Read More →
