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Semtech to cut jobs

By   /  Monday, January 27th, 2014  /  Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Semtech to cut jobs

Camarillo-based chipmaker Semtech Corp. said Jan. 27 that it is slashing 6 percent of its workforce in anticipation of lower demand for its products in the second half of this year.

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Dry weather plagues Ventura County strawberries

By   /  Sunday, January 26th, 2014  /  Agribusiness, East Ventura County, Latest news, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Dry weather plagues Ventura County strawberries

Oxnard strawberry growers lost an average $10,000 to $15,000 per acre worth of crop last year because the berries died off prematurely in dry weather, and farmers could be in for a repeat of that scenario this year.

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Ceres files for $20M offering

By   /  Friday, January 24th, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Green Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Ceres files for $20M offering

The Thousand Oaks-based firm said it would like to use the proceeds from the public offering to expand its Brazilian operations, participate in collaborations and break into new markets.

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Region’s ranchers look for relief amid record drought

By   /  Friday, January 24th, 2014  /  Agribusiness, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

The drought plaguing the Tri-Counties and the rest of the state has the agriculture industry on red alert. With 2014 forecast to be the driest year in California history, Gov. Jerry Brown has declared a drought emergency in the state, and the U.S. Department of Agriculture has designated 27 counties in California as primary natural disaster areas, including the tri-county region.

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The right remedy: Elemental Herbs went from kitchen startup to national distribution

By   /  Friday, January 24th, 2014  /  Central Coast, Features, Small Business, Tri-County Economy  /  Comments Off on The right remedy: Elemental Herbs went from kitchen startup to national distribution

Belying its modest beginnings in the couple’s kitchen, Elemental Herbs now has distributors in 35 states and nearly 1,500 retail accounts.

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$98M office campus sale sets new high-water mark for county

By   /  Friday, January 24th, 2014  /  Columns, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on $98M office campus sale sets new high-water mark for county

The eye-popping price signals that a turnaround is taking hold in the Ventura County office market, which has suffered from high vacancy rates in a depressed job market, industry insiders say.

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Network Hardware Resale to boost hiring as sales near $300M

By   /  Friday, January 24th, 2014  /  Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale to boost hiring as sales near $300M

CEO Mike Sheldon said the company has been aggressively pursuing a “growth through diversification” strategy, adding maintenance services as well as servers and hard drives to its product lineup.