Limoneira reports revenues up but net income down
Santa Paula citrus producer and real estate investment company Limoneira reported on Sept. 11 a slight increase in revenues for its third quarter, ended July 31, but a drop in net income to $7.7 million, or 52 cents per share. Avocado production fell by nearly half, since the crop bears in alternate years, but declines Read More →
National Search Dog Foundation in Santa Paula trains heroes
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Revenues up at Calavo Growers but net income down
Calavo Growers reported a 15 percent increase in its third quarter revenues but net income fell to $8.8 million, or 50 cents per share, down from $12.7 million and 73 cents per share for the previous third quarter. The Santa Paula company’s Renaissance Food Group saw a 24 percent increase in revenue, but cost of Read More →
Limoneira partnering with citrus packing company Suntreat
Santa Paula-based lemon grower and distributor Limoneira announced new market strategies in partnership with Northern California citrus packing company Suntreat. Suntreat said it was in “high growth mode,” after increasing its lemon, orange and specialty citrus acreage. “Our companies have complementary strengths and this alliance enables us to continue to be the preferred partner for Read More →
Hansen ag research center searching for next big crop
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Our view: Housing shortage spurs exodus to other states
While California’s housing crisis has begun to trigger a backlash, with some cities hunkering down behind NIMBY walls, the dire shortage of homes is having big impacts on other states. In Colorado, an influx of young, upwardly mobile professionals is fueling a boom in apartment building, driving rents higher and triggering an affordable housing crisis. Read More →
Our view: Grant will help museum create sustainable future
Ventura County has taken a big step toward creating a living legacy for future generations with interim funding to bolster the Museum of Ventura County. A $125,000 grant was approved by the Board of Supervisors in a 4-1 vote on July 25, paving the way for the city of Ventura and private donors to step Read More →
