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 →
Row 44 bought in $430M deal
Westlake Village-based Row 44, a supplier of broadband Internet systems for airplanes, has been acquired in a deal valued at $430 million that will combine it with a content provider. A purpose-made company called Global Eagle Acquisition Corp. will roll together Row 44 with Advanced Inflight Alliance AG, a German-based content company that has deals Read More →
Amgen deals could foster biotech hub, panel says
Amgen’s decision to license some of its intellectual property to a new drug company that will operate near the biotechnical giant’s Thousand Oaks headquarters could be an exciting development for biotech firms in the 101 corridor, business leaders were told at a breakfast gathering Wednesday in Westlake Village. The move could be a start toward Read More →
Fielding chief to retire
Richard Meyers will retire from his post as president of Fielding Graduate Institute in Santa Barbara at the end of next year. He announced at the school’s Nov. 3 board of trustees meeting that he will not seek to extend his contract, which is set to expire in December 2013. “My vision has been to Read More →
