Semtech to cut jobs
By Staff Report / 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.
Dry weather plagues Ventura County strawberries
By Tom Bronzini / 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.
Ceres files for $20M offering
By Staff Report / 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.
Region’s ranchers look for relief amid record drought
By Christine De La Cruz / 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.
The right remedy: Elemental Herbs went from kitchen startup to national distribution
By Erika Martin / 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.
$98M office campus sale sets new high-water mark for county
By Marlize van Romburgh / 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.
Network Hardware Resale to boost hiring as sales near $300M
By Stephen Nellis / 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.