County moves forward on $43M Moorpark desalinization plant
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Clipper Windpower up for sale
Less than two years after Clipper Windpower was purchased by defense-industrial giant United Technologies Corp., the Carpinteria-based turbine maker is up for sale again. United Technologies, the name behind Pratt & Whitney jet engines and Sikorsky helicopters, bought Clipper in 2010 as the company was struggling to keep its cash flowing. The defense giant paid Read More →
Farmers look to tech to keep county’s ag competitive
The times are changing for farmers in Ventura County. Heavy government regulations, environmental restraints and competition from south of the border have led farmers in the county’s $2 billion agricultural industry to change the way they operate. Like their counterparts across the state, growers in Ventura County are increasingly reliant on technology to speed up Read More →
It’s a buyers market for hotel investors in the Tri-Counties
For hotel investors looking to break into the market, the Tri-Counties — particularly the southern end of the region — may be the place to turn. The area has seen a boom in hospitality listings over the past year, and it extends beyond high-end, high-profile properties. Ventura’s Clocktower Inn was listed in February for $5 Read More →
Dole earnings beat outlook
Fruit producer Dole Food Co. reported an adjusted loss of $2 million, or 2 cents per share, from continuing operations, beating the 12-cent loss predicted by analysts on average. The recent loss compares to a $31 million, or 35 cent per-share, loss a year earlier. CEO David DeLorenzo said strong sales and a cost-reduction program Read More →
Powers: Ventura County keeping close watch on portfolio
Ventura County will closely monitor returns on its investment portfolio to make sure an 8 percent gain is reasonable, county CEO Mike Powers said in a March 15 talk. Speaking in Ventura at the quarterly California Lutheran University Corporate Leaders Breakfast, Powers said that while 8 percent has been a historically accurate return, constant monitoring Read More →
MB&T starts 37th year on high note
Ten nonprofits from across th region received grants on March 14 as Montecito Bank & Trust prepared to celebrate its 37th anniversary and it 20th year of adding a philanthropic twist to the festivities. The bank’s employees selected the 10 organizations, which included All for Animals, Alzheimer’s Association, American Heart Association, Council on Alcoholism and Read More →
