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Haas Automation plots expansion in California after deal with state

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Haas Automation plots expansion in California after deal with state

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

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SoCal Edison, nursery square off in Moorpark

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy  /  1 Comment

Sparks are flying in a dispute between Southern California Edison and Performance Nursery, a tenant on the electric utility company’s Moorpark property. In late July, SoCal Edison sent a letter to Performance Nursery, which has leased 42 acres at Tierra Rejada Road and Arroyo Simi for almost 30 years, giving it until Oct. 15 to Read More →

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A swing at success: Edufii gets $1.4M to fund sports training platform

By   /  Friday, September 19th, 2014  /  Central Coast, Small Business, Technology, Top Stories, Tri-County Economy  /  Comments Off on A swing at success: Edufii gets $1.4M to fund sports training platform

San Luis Obispo-based Edufii has raised a $1.4 million round of investment for its online sports training platform.

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KeVita caps expansion with 50,000-square-foot Oxnard bottling plant

By   /  Friday, September 19th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on KeVita caps expansion with 50,000-square-foot Oxnard bottling plant

Oxnard-based probiotic drink manufacturer KeVita is expected to close on a new 50,000-square-foot bottling facility near its current home base at 2220 Celsius Ave.

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Influx of young professionals could drive Ventura County housing market

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Influx of young professionals could drive Ventura County housing market

Despite a record drought, short-sighted policy making and a slow-to-start generation of self-established young workers, the outlook for Ventura County is bright. “It should be another year of expansion — you pretty much count on that — and no recession in sight, at least not yet,” said Mark Schniepp, director of the California Economic Forecast. Read More →

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CLU rolls out Huddle to incubate startups in Westlake Village

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on CLU rolls out Huddle to incubate startups in Westlake Village

California Lutheran University’s new Westlake Village co-working and teaching space, Huddle, is up and running with a slate of fall events that organizers hope will make it a hub for entrepreneurship in East Ventura County

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Calavo posts record Q3, launches FreshRealm

By   /  Thursday, September 18th, 2014  /  Agribusiness, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Calavo posts record Q3, launches FreshRealm

Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →