Update: General Magnaplate pulling out of Ventura County
General Magnaplate California is closing its Ventura facility, the company announced on April 15. Difficult California business conditions and the settlement of a lawsuit filed by the Environmental Defense Center forced the closure, the company said. General Magnaplate has made reinforced parts used in the aerospace, transportation, medical, oil and other industries for 36 years. “After 36 successful Read More →
Settlement reached over General Magnaplate’s runoff into Santa Clara River
The Environmental Defense Center and Santa Barbara law firm Keller Rohrback reached a settlement with General Magnaplate California to address alleged Clean Water Act violations stemming from storm water runoff generated by its Ventura electroplating facility. General Magnaplate, which has made reinforced parts used in the aerospace, transportation, medical, oil and other industries for more than 30 Read More →
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 →
Ventura Oil Field’s 100th anniversary celebrated
About 150 people turned out on April 9 to celebrate the 100th anniversary of the Ventura Oil Field. Hosted by operator Aera Energy, the event featured cupcakes decorated with the company’s logo. “It’s unusual for an oil field to celebrate a century of operations,” said Christina Sistrunk, Aera president and CEO. With production of 14,000 Read More →