Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas
Latest news, Technology, Tri-County EconomyOfficials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →
CalAmp to offer 4.2M shares to fund acquisition
Banking & Finance, Latest news, Tri-County Public CompaniesCalAmp said Feb. 11 that it plans to sell 4.2 million shares of common stock in an underwritten public offering that could raise about $40 million for the Oxnard-based wireless products maker. The proceeds would be used to partially fund the purchase of Wireless Matrix Corp., a $53 million all-cash deal announced in December. Canaccord Read More →
Montecito buildings sell for $10.2M
Latest news, Real Estate, Small BusinessA prominent Montecito retail building has been sold to an unnamed local investor for $10.2 million. The 13,778-square-foot retail property building at 1046 to 1054 Coast Village Road houses tenants such as Starbucks, Von’s Pharmacy, Blenders in the Grass, Boutique Antoinette and Occhiali Fine Eyewear. Clarice Clark, president of Lee & Associates, handled the transaction Read More →
NASA awards $120M to subsidiary of Thousand Oaks defense firm
Latest news, TechnologyThousand Oaks-based Teledyne Technologies announced today that its subsidiary, Teledyne Brown Engineering in Huntsville, Ala., has been awarded a $120.1 million contract for work with the International Space Station, or ISS. Teledyne designs and manufactures aerospace and engineered systems, electronic testing equipment and imaging systems. Teledyne Brown has provided more than 100,000 hours providing dedicated Read More →
Limoneira to raise $40M in common stock offering
Banking & Finance, Latest news, Real Estate, Tri-County Public CompaniesLimoneira Co., the Santa Paula-based agribusiness company with 8,200 acres of real estate and farm land, has announced plans to offer an additional 1.8 million shares of common stock. If successful, the sale would raise about $40 million for Limoneira and increase its total shares outstanding to about 13.25 million. Limoneira’s traded shares, or “float,” Read More →
Former Affinity Group HQ in Ventura sold
Latest news, Real EstateThe former headquarters of Affinity Group, once one of the largest private companies in the region, has been sold. Camarillo-based Somis Investments purchased the 73,000-square-foot office campus in Ventura in an all-cash deal for an undisclosed amount, according to commercial real estate brokers who negotiated the transaction. Affinity listed the 9.3-acre property on Vista Del Read More →
