Ventura County to get $1.5M through federal program
Ventura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →
Eminent domain suits clear way for Ventura County brine line
The Calleguas Municipal Water District has filed eminent-domain lawsuits against four Ventura County property owners to make way for a massive brine pipeline that will help parts of the county import less water from outside the region.
Limoneira operating income jumps 35% on higher lemon prices
Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →
Calavo shares rally on record Q2 profits
Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.
Mission Produce to deliver corporate campus in Oxnard
As sales plump up at Oxnard-based avocado marketer Mission Produce, the company has started construction on a new 20-acre corporate campus.
Ceres plans to license corn-derived gene patent
Thousand Oaks-based energy crop firm Ceres has been granted a patent on a gene sequence derived from corn and plans to license the patent to big seed companies.
Counting crops: Linkfresh makes planning software for food firms
A Ventura company is bringing the same kind of sophisticated software that global manufacturers use to run their businesses to the fresh food industry.
