Legislators should help manufacturing rebound
While the South Coast is reveling in its waterfront makeover, tri-county tourism is getting stronger and economists are heralding a boom in craft spirits, the manufacturing core of the region is looking more and more hollowed-out. Large sections of Simi Valley and west Ventura County and North Santa Barbara County are losing head-of-household jobs. San Read More →
Qualstar boosts revenue, narrows loss in third quarter
Simi Valley-based Qualstar Corp. reported a 15 percent increase in revenue in its third quarter earnings report. The data storage manufacturer had $2.7 million in revenue, up from $2.3 million in the same period last year. Its net loss totaled $53,000, or a 3 cent loss per basic and diluted share, compared to net loss of $1.5 million, or a 71 cent Read More →
Return of Gold’s Gym has ex-members pumped
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
VC housing projects can’t compete for state funds
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Air Force awards AeroVironment a $22.8 million contract for miniature missile system
The U.S. Air Force awarded AeroVironment a $22.8 million contract for miniature missile systems Oct. 3. First deployed by the USAF in 2011, the AeroVironment Switchblade is a small missile system that can be fit in backpacks and can provide precision strikes using a missile carried in its body. The Switchblade is fired from a Read More →
Radius acquires Hagelis to broaden groups’ commercial real estate reach
Radius Group Commercial Real Estate has acquired the Hagelis Group. Santa Barbara-based Radius recently completed a deal that will expand its footprint and grow its brand. Hagelis specializes in retail properties in Ventura County, which will broaden Radius’ reach and expertise, said Brian Johnson of Radius, which predominantly works in the South County multifamily, office Read More →
Industrial project breaks ground in Simi Valley
Updated on Sept. 13 at noon: A 141,000-square-foot industrial project broke ground in Simi Valley. The four-building property coined The Point at the Simi Valley Business Center can accommodate companies looking for 30,000 to 42,000 square feet of Class A industrial space. Construction is scheduled for an April 2017 completion. “Initial interest has been strong, Read More →
