Dole profits slip, spin off looms
Fruit and produce distributor Dole Foods Co. earned $66 million, or 74 cents per share, in its second quarter and said that a proposed spin off of its packaged foods business could happen by year’s end. The earnings announced on July 19 were down from $83 million, or 94 cents per share, in the second Read More →
SLO firm dials up new owner
San Luis Obispo-based Impact Learning Systems, which helps firms such as Dell and Best Buy train their customer support staff, has been purchased by a Nevada company. Miller Heiman, a Reno-based firm that helps companies improve sales figures, announced the acquisition on July 19. Financial terms weren’t disclosed. Impact Learning Systems was founded in 1996 Read More →
Camarillo center sells for $59M
The ninth-largest office park in the Tri-Counties has been sold for $59.1 million. The 1.2 million-square-foot Mission Oaks Corporate Center in Camarillo was purchased by Rexford Industrial, a Los Angeles-based real estate investment firm that lists several smaller industrial properties in Oxnard, Simi Valley and Camarillo in its Southern California portfolio. CBRE Group announced the Read More →
Onion, celery growers tout energy projects
Ventura County took a another step toward becoming a global hub for sustainable agriculture on July 11 when two big Oxnard food processors unveiled major energy efficiency projects. With a number of state and local officials in attendance, Gills Onions launched a major energy storage facility that will allow it to capture electricity generated at Read More →
Xirrus funding nears $80M mark
Thousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →
