Ventura County names new harbor director
Michael Tripp, a veteran harbor official in Los Angeles County, will replace the last leader of Channel Islands Harbor, who retired in August, the county of Ventura announced Sept. 15. He is expected to begin his role as the new director of the county-owned Channel Islands Harbor on Oct. 4. Tripp, who most recently served Read More →
Cannabis company closes purchase of former Houweling’s Tomatoes greenhouses
Glass House Brands, a publicly traded cannabis company, has closed its purchase of the former Houweling’s Tomatoes property near Camarillo. The 160-acre property has six greenhouses that total 5.5 million square feet. Glass House bought it for $93 million in cash, plus stock considerations, the company said in a Sept. 15 news release. The closing Read More →
Revenue down but earnings up at Limoneira
Limoneira delivered a small earnings beat when the company announced its fiscal results for the third quarter of 2021. Limoneira had released preliminary results Aug. 24 highlighting strong fresh lemon utilization, which helped offset a smaller-than-expected avocado output. According to the audited results, released Sept. 8, Limoneira generated $49.1 million in revenue in the third Read More →
Mission Produce drops 10% after missing earnings estimates
Shares of Mission Produce fell nearly 10% on Sept. 14, the day after the Oxnard-based avocado distributor and grower shared a flat third quarter 2021 financial report that fell below analysts’ expectations. For the quarter ended June 30, Mission Produce generated $247 million in revenue, a 4% increase from the same period a year ago. Read More →
UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment
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State thinks solar-cell windows are the Next big thing
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