August 31, 2024
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Vital Signs: Wine stimulates Santa Barbara County economy

By   /  Thursday, March 2nd, 2023  /  Agribusiness, Economy, Latest news, Santa Barbara County, Tri-County Economy  /  Comments Off on Vital Signs: Wine stimulates Santa Barbara County economy

Santa Barbara County’s wine and winegrape sector contributed about $1.7 billion in annual economic activity, according to a new report commissioned by the Wine Institute and the California Association of Winegrape Growers (CAWG). The report also shows that the Santa Barbara County wine industry provides 10,202 local jobs and $602.6 million in annual wages and Read More →

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UC’s Hansen Center expands research capabilities at new Camarillo facility

By   /  Friday, February 24th, 2023  /  Agribusiness, Higher Education, Latest news, middle, Subscriber content, Tri-County Economy  /  Comments Off on UC’s Hansen Center expands research capabilities at new Camarillo facility

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Wine Buzz: Wine loses its way among consumers younger than 60

By   /  Friday, February 3rd, 2023  /  Agribusiness, Columns, Latest news, Subscriber content, Wine & Viticulture  /  Comments Off on Wine Buzz: Wine loses its way among consumers younger than 60

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Limoneria cuts down debt with sale of Tulare property for $100M

By   /  Wednesday, February 1st, 2023  /  Agribusiness, Central Coast, Latest news, left, Regions, Ventura County  /  Comments Off on Limoneria cuts down debt with sale of Tulare property for $100M

The future of Santa Paula-based Limoneira came into sharper focus on Feb. 1 when the company sold a major agribusiness holding in the Tulare area for $100 million, recouping $99 million in cash while also reaching an agreement to grow, pack and market lemons produced on the property. PGIM Agricultural Investments, a unit of PGIM Read More →

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Dole plc sells off fresh vegetables division for $293M

By   /  Tuesday, January 31st, 2023  /  Agribusiness, East Ventura County, Latest news, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Dole plc sells off fresh vegetables division for $293M

In a continued effort to pay down its debt, Westlake Village-based Dole plc has sold off its fresh vegetables division to an affiliate of Fresh Express Inc., a wholly-owned subsidiary of Chiquita Holdings, for $293 million. The sale is expected to close within the next two quarters, pending approval, Dole said in a press release. Read More →

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Jordano’s Foodservice expands Goleta footprint

By   /  Friday, January 13th, 2023  /  Agribusiness, Central Coast, Latest news, Restaurants, Santa Barbara County  /  Comments Off on Jordano’s Foodservice expands Goleta footprint

Goleta-based Jordano’s Foodservice, a family-owned broad line foodservice distributor, announced Jan. 11 that the company has increased its cooler distribution center. With the additional 27,000 square feet of cooler space, Jordano’s will be adding — bringing its total to nearly 140,000 square feet — the company will be expanding its presence in the region for Read More →

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Torrential rainfall brings drought relief to Central Coast

By   /  Thursday, January 12th, 2023  /  Agribusiness, Central Coast, Regions, Top Stories, Top Story, Tourism, Tri-County Economy  /  Comments Off on Torrential rainfall brings drought relief to Central Coast

Update: As of Jan. 12, no county in California is designated as an extreme drought area while locations that were in severe drought are down from 71% to 46%. Another storm has come and gone along the Central Coast — though another could be approaching soon — and luckily it seems the area has largely Read More →