Goleta-based Apeel Sciences announced that James Rogers will be stepping from his title as CEO and that the company has appointed Luiz Beling to take over the position. Announced Feb. 26, Apeel said in a press release that Beling will transition into the CEO role over the next months, working with Rogers. Rogers, founder of Read More →
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Correction: This story has been updated to more accurately reflect the value of the bond and explain how much investors could receive by the end of the term. A project nearly three years in the making is hoping to be completed by the middle of spring — and it will be done using funds from Read More →
Despite a 2.5% dip in fiscal year 2023 revenues compared to fiscal year 2022, the CEO of Santa Paula-based Limoneira says he’s pleased with the agribusiness’s year-over-year performance. “We achieved our full-year avocado and revised lemon volume guidance despite harsh weather conditions and softer lemon pricing throughout most of the year,” Harold Edwards said during Read More →
Santa Paula-based Limoneira’s fiscal year 2023 revenues dipped 2.6% from fiscal year 2022, $179.9 million compared to $184.6 million, the agribusiness reported Dec. 21. For the fourth quarter of fiscal year 2023, the company’s total net revenues were up 4.3% compared to fourth quarter 2022, $41.4 million to $39.7 million, the company said. Fiscal year Read More →
Santa Paula-based Limoneira is unlikely to leave the area if it sells some or all of the company as part of its strategic review, CEO Harold Edwards told the Business Times. “I just don’t see it,” he said during a Dec. 11 interview. “This isn’t about us leaving. This is about us figuring out how Read More →