Producers of organic and natural foods in the Tri-Counties are seeing robust consumer demand despite higher production and retail costs for some of their products, a panel of speakers said at a breakfast meeting Wednesday. The event was hosted by the Association for Corporate Growth at the Westlake Village Inn. Scott Deardorff, fourth-generation owner and Read More →
Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →
Congratulations to the 2013 Family Business & Closely Held Companies award winners. The section published Friday, Feb. 22 and is available with the print edition of the Business Times. This year’s winners are: Family Business Titan: Gills Onions, an Oxnard-based onion processing company owned by brothers Steve and David Gill. Legacy Family Businesses • Green Read More →
Officials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →
CalAmp said Feb. 11 that it plans to sell 4.2 million shares of common stock in an underwritten public offering that could raise about $40 million for the Oxnard-based wireless products maker. The proceeds would be used to partially fund the purchase of Wireless Matrix Corp., a $53 million all-cash deal announced in December. Canaccord Read More →
A pre-Valentine’s Day visit by Texas Gov. Rick Perry to Haas Automation has set off a duel between the leader of the Lone Star State and California politicians. Haas Automation is one of the largest employers in Ventura County and the third-largest private company in the Tri-Counties, with annual revenue approaching $1 billion. The Oxnard-based Read More →