Dole reports Q3 loss of $5.3M
Produce giant Dole Food Co. missed Wall Street expectations as it saw a third-quarter loss of $5.3 million, or 6 cents a share, on revenue of $2 billion. The loss is an improvement over third-quarter results from last year, when the Westlake Village-based food company reported a loss of $12.1 million, or 14 cents a Read More →
IQMS breaks ground on new HQ
Paso Robles-based software firm IQMS broke ground on a second 30,000-square-foot building on Nov. 14. The company makes software that manufacturers use to track production and plan for materials purchases. With a strong customer base in the automotive component manufacturing industry, the company has been expanding its offers with new sensors and hardware that let Read More →
Calavo gains 600K with sale of Maui Fresh
[wikichart align=”right” ticker=”NASDAQ:CVGW” showannotations=”true” livequote=”true” startdate=”12-05-2012″ enddate=”12-11-2012″ width=”300″ height=”245″] Santa Paula-based Calavo Growers sold its share of a Los Angeles-based fruit distribution company for $2.6 million in a deal that closed Oct. 31. The produce marketer sold its 50 percent stake in Maui Fresh International to San Rafael Distributing, the company that already owns the Read More →
Watkins: Ventura County’s prospects are dim
Ventura County is going to start looking a lot more like South Santa Barbara County in coming years, with few job opportunities to match the high cost of housing. That was the view from Bill Watkins, chief economist at the Center for Economic Research and Forecasting at California Lutheran University. “Ventura County’s future has changed,” Read More →
SLO leading the state in GDP, job growth
SLO’s economic recovery isn’t looking so slow anymore. Jordan Levine, director of economic research at Beacon Economics, said at a Nov. 9 forecast that San Luis Obispo County is leading California’s financial recovery. The road is still bumpy, but there are there are a handful of notable bright spots for the region’s economy, Levine said Read More →
