5 tri-county companies get $545,000 in tax credits for creating jobs
Five tri-county companies are among 103 statewide approved for tax credits for creating new jobs by the California Competes Tax Credit committee April 14. The tri-county companies will get a combined $545,560 and the total $70 million awarded will help companies across California create a projected 9,369 jobs and generate over $1.3 billion in investment. Read More →
Knowing public policy good business
By Loredana Carson As we go about our daily life, laws are being made, bills are being sponsored, government officials are grappling with problems and politicians are building their careers on issues that are of great importance to the business community. Everyone should pay attention to these public policy matters, but business leaders need more Read More →
Ceres decreases second quarter losses
Ceres Inc. narrowed its losses but revenues were still low during the second quarter. The Thousand Oaks-based ag-biotech company said net losses decreased from $8.01 million in the second quarter of 2015 to $1 million in the second quarter of 2016, the company reported April 14. Losses also fell from $1.34 per share last year Read More →
Teledyne acquires Quantum Data
Teledyne made its third acquisition in five days when it acquired Elgin, Ill.-based Quantum Data April 13. The Thousand Oaks industrial conglomerate said subsidiary Teledyne LeCroy acquired Quantum Data to build on wireless technology gained from an April 7 acquisition of Charlottesville, Va.-based Frontline Test Equipment. Teledyne is involved in digital imaging, instrumentation, engineered systems Read More →
Teledyne buys Canada-based CARIS
Thousand Oaks industrial conglomerate Teledyne Technologies acquired Canada-based CARIS on April 8. Teledyne makes products primarily for the digital imaging, instrumentation, engineered systems and aerospace and defense sectors. Founded in 1979, CARIS develops geospatial software for hydrographic and marine uses. Terms of the acquisition were not announced. “By providing data processing, mapping and geospatial imaging Read More →
Rams to practice at Cal Lutheran University in Thousand Oaks
The Los Angeles Rams will call Thousand Oaks home for at least the next two years. The Rams and California Lutheran University announced an agreement March 30 for the Rams to build two practice fields, a paved parking lot and temporary modular offices containing training areas and locker rooms. The facilities will be built on Read More →
Tacky chamber move sets a bad example
When we launched the Pacific Coast Business Times 16 years ago, one of our core values was to respect existing business organizations. That’s why we went the extra step and joined chambers of commerce from the Conejo Valley to San Luis Obispo. We continue to support our chambers and last year we became a media Read More →
