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 →
Limoneira to raise $40M in common stock offering
Limoneira 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
The 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 →
Texas governor to court Haas Automation in pre-Valentine’s visit
Texas Gov. Rick Perry will visit Haas Automation, one of the largest employers in Ventura County, on Feb. 12 on a recruitment visit. Haas spokesman Peter Zierhut told the Business Times that the Texas governor reached out to the Oxnard-based company. “It’s not something that we went out and arranged,” he said. “In fact, Gov. Read More →
T.O. culture chief says arts are a vital economic driver
Tapping the region’s economic potential means developing better relationships between businesses and arts organizations, said Barry McComb, cultural affairs director for the city of Thousand Oaks. Speaking at California Lutheran University’s kickoff for its Corporate Leaders Breakfast series, McComb said rather than looking at business and the arts sectors as separate interests, the right path Read More →
Cuesta president says college is moving past accreditation worries
After a hearing earlier this month, Cuesta College appears to be on track to putting its accreditation woes behind it. College officials said that a team put together by President Gil Stork made an appearance before a review panel to answer questions about progress made in addressing issues that threatened the future existence of the Read More →
Caruso, county resume talks over Miramar wages
Los Angeles developer Rick Caruso said Jan. 23 that he has resumed talks with Santa Barbara County officials to implement a hotel incentive program to kickstart work on the Miramar Hotel. First District Supervisor Salud Carbajal and Montecito Association President Richard Nordlund joined Caruso at the recently demolished Miramar site in Montecito to discuss the Read More →
