Santa Paula-based Calavo Growers has received $10 million in funding and named a CEO for its FreshRealm food distribution platform, it said on Thursday. Michael Lippold, who is the former director of strategic development at Calavo, will lead the new venture, which is based in Ventura. FreshRealm, a new cloud-hosted technology platform that connects growers, Read More →
By Henry Dubroff / Friday, March 28th, 2014 / Columns, Opinion / Comments Off on Limoneira could lead water-efficiency push in California drought
One of the cool things about covering business in the Tri-Counties is that at least once a year we get a pretty close look at what’s happening at one of the region’s largest agribusiness holding companies. That’s because Santa Paula-based Limoneira Co., founded in 1893, happens to be a publicly traded company. The company began Read More →
By Henry Dubroff / Friday, March 7th, 2014 / Columns, Opinion / Comments Off on Santa Paula entrepreneur turns attention to Chinese attack victims
“None of the victims did anything wrong except being in the wrong place at the wrong time. This is about people helping people. We all live here,” Santa Paula resident William Irion, who frequently travels to China, told me.
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.
Shares of Santa Paula-based Limoneira Co. plunged 8.1 percent in mid-afternoon trading on Monday after the company reported a fourth-quarter loss of $1.1 million, compared to a $141,000 profit a year earlier. The loss was primarily the result of lower avocado volume and revenue, the firm said.