July 16, 2024

		

Jorge Mercado

Jorge Mercado is a staff writer with the Business Times. His beats include technology, agriculture, cannabis, energy and the environment, and higher education.


| Friday, October 1st, 2021

Former Mindbody CEO Rick Stollmeyer’s next big thing is a drone company

Central Coast, Latest news, Startups, Subscriber content, Technology, Top Stories, Top Story, Tri-County Economy

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| Thursday, September 30th, 2021

Ventura County CEO praises county’s vaccine efforts, business grants

East Ventura County, Government, Health Care & Life Science, Latest news, Top Stories, Tri-County Economy, West Ventura County

As mass vaccinations have helped California alleviate some of the stress brought on by the COVID-19 pandemic, Ventura County’s leaders took a step back on Sept. 30 and reflected on the past year. Ventura County Executive Officer Mike Powers, who is in his 10th year as the county government’s top executive, delivered the annual State Read More →

| Friday, September 24th, 2021

New funding round values Apeel Sciences at $2B

Agribusiness, Latest news, middle, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy

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Carpinteria-based Procore Technologies moved up from No. 880 last year to No. 697 this year. (Nik Blaskovich)

| Thursday, September 23rd, 2021

Procore makes its biggest acquisition yet

Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies

Procore Technologies announced its first acquisition since going public in May, and it’s the largest one in company history. The Carpinteria-based construction software company said on Sept. 22 that it is purchasing Levelset, a New Orleans-based construction software company, for $500 million: $425 million in cash and $75 million in the form of Procore common Read More →

| Friday, September 17th, 2021

Figueroa Mountain Brewing reports progress in bankruptcy

Latest news, Law & Goverment, Subscriber content, Top Stories, Wine & Viticulture

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| Tuesday, September 14th, 2021

Revenue down but earnings up at Limoneira

Agribusiness, Banking & Finance, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County

Limoneira delivered a small earnings beat when the company announced its fiscal results for the third quarter of 2021. Limoneira had released preliminary results Aug. 24 highlighting strong fresh lemon utilization, which helped offset a smaller-than-expected avocado output. According to the audited results, released Sept. 8, Limoneira generated $49.1 million in revenue in the third Read More →

| Tuesday, September 14th, 2021

Mission Produce drops 10% after missing earnings estimates

Agribusiness, Banking & Finance, Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County

Shares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated ​​$247 million in revenue, a 4% increase from the same period a year ago. Read More →