Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas
Officials 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
CalAmp 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 →
Moorpark mortgage firm files for $287.5M IPO
Moorpark-based financial services company PennyMac has filed papers for a $287.5 million initial public offering of its stock on the New York Stock Exchange. The venture was founded in 2008 by a former top executive at Countrywide Financial Corp., the defunct subprime mortgage lender at the heart of the financial crisis. In July 2011, PennyMac Read More →
Montecito buildings sell for $10.2M
A 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
Thousand 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 →
Ventura County’s $305M bond issue recieves AA rating
On the eve of a Board of Supervisors vote on the largest bond issue for a capital project in Ventura County history, the county’s financing authority received a AA rating from Fitch Ratings on Feb. 4 for $305 million in bonds that will fund a significant rebuilding of the Ventura County Medical Center. Proceeds will Read More →
