Region’s farmers leave more land unfarmed as drought deepens
Cilantro isn’t a huge moneymaker for Will Terry, the vice president at Terry Farms in Ventura County, but it is a quick crop that he can grow in the summer months and turn a small profit on. But, due to the ongoing drought exacerbated by limited groundwater allocation rights, growers like Terry have to make Read More →
Dubroff: Dorfman, CLU look to the future with new round of startup grants
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Mission Produce to open UK packing house in 2023
Mission Produce, an Oxnard-based avocado and mango distributor, announced Sept. 20 that it will open a ripening, packing and distribution center near London in 2023. Mission’s first facility in the United Kingdom will be in Dartford, England, near the country’s largest ports, airports and highways. The 102,000-square-foot building will be “sustainability-focused,” Mission said in a Read More →
Amgen sees blockbuster potential in new cancer drug
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Region’s unemployment rate up slightly in August
The unemployment rate in the tri-county region ticked up slightly in August to 3.2%, from 3% the month before, due to increases in both the size of the workforce and the number of people looking for work. Ventura County’s unemployment rate in August was 3.5%, up from 3.2% in July and down from 6.2% in Read More →
Patagonia founder donates entire company to environmental nonprofits
Yvon Chouinard, the founder of the Ventura-based outdoor apparel company Patagonia, has given his company away to two nonprofits that will use Patagonia’s profits to fight climate change. The Chouinard family’s transfer of all of its ownership shares was announced by Patagonia on Sept. 14 and was effective immediately. Patagonia is one of the largest Read More →
Company backed by Westlake Village BioPartners closes $300M capital raise
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