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GoTek gets patent for rotary engine

By   /  Tuesday, June 24th, 2014  /  Small Business, Technology, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on GoTek gets patent for rotary engine

Oxnard-based startup GoTek Energy has won its first patent, for its DynaKinetic rotary engine technology. “We are excited about this issuance of our first GoTek Energy patent and expect many more to follow,” CEO Steve Herbruck said in a June 17 news release. GoTek’s DynaKinetic engine has no pistons or no valves and valve seats Read More →

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Procore to build out South Coast operations with $15M Bessemer raise

By   /  Friday, June 20th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Procore to build out South Coast operations with $15M Bessemer raise

Carpinteria-based Procore Technologies, a maker of cloud-based construction management software, recently raised $15 million from the same Silicon Valley investors that have backed Yelp, LinkedIn and Skype, bringing its total funding to date to $20.5 million.

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FzioMed aims for year-end U.S. approval

By   /  Friday, June 20th, 2014  /  Central Coast, Law & Goverment, Technology, Tri-County Economy  /  Comments Off on FzioMed aims for year-end U.S. approval

After nearly eight years of tangling with the Food and Drug Administration, San Luis Obipso-based FzioMed said it might receive approval to sell its products in the U.S. by year’s end.

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Eminent domain suits clear way for Ventura County brine line

By   /  Friday, June 20th, 2014  /  Agribusiness, East Ventura County, Law & Goverment, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Eminent domain suits clear way for Ventura County brine line

The Calleguas Municipal Water District has filed eminent-domain lawsuits against four Ventura County property owners to make way for a massive brine pipeline that will help parts of the county import less water from outside the region.

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Office deal activity buzzing through tri-county markets

By   /  Friday, June 20th, 2014  /  Columns, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Office deal activity buzzing through tri-county markets

Elijah Brumback

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Oxnard Gold’s Gym operator ordered to pay $6M in penalties

By   /  Tuesday, June 17th, 2014  /  Law & Goverment, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Oxnard Gold’s Gym operator ordered to pay $6M in penalties

Gold’s Gym Oxnard and its owner, Noel Thompson, have been ordered to pay $6 million in civil penalties and restitution, Ventura County District Attorney Greg Totten said in a June 17 statement. According to the district attorney’s complaint, Thompson’s businesses violated several consumer-protection laws by collecting money on void and illegal contracts, charging gym members’ Read More →

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Forum: Asian trade opportunities abound for Ventura County

By   /  Tuesday, June 17th, 2014  /  East Ventura County, Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Forum: Asian trade opportunities abound for Ventura County

On June 13, the Port of Los Angeles organized an event with representatives from eight Asian countries at CSU Channel Islands to show Ventura County business owners that the port’s loss is their opportunity. In May alone, half of the 321,000 container units leaving the port were empty.