Conarium Wines founder acquires Jaffurs Wine Cellars
Winemaker Daniel Green acquired Jaffurs Wine Cellars, a Santa Barbara County wine producer known for its Rhone varietals, the company announced on Aug. 15. Craig and Lee Jaffurs founded the company in 1994, which produces about 5,000 cases each year from growers in Santa Ynez, Ballard Canyon, Santa Rita, Los Alamos and Santa Maria. The Read More →
Read More →Interlink revenues, profits, earnings per share rise slightly
Interlink Electronics’ revenues increases slightly, profits increased slightly and earnings per share increased slightly during the second quarter, the company said Aug. 15 when it released second quarter earnings results. Based in Westlake Village, Interlink Electronics manufactures sensors used in portable electronic devices. Revenues increased 7 percent during the quarter from $2.8 million in 2015 Read More →
Read More →Clean Diesel second quarter revenues down but profits up
Revenues were down for Clean Diesel Technologies but the company still recorded increases in profits and earnings per share when the company released second quarter earnings Aug. 15. Clean Diesel revenues fell during the quarter from $9.9 million in 2015 to $8.4 million in 2016. Despite this, income increased from a net loss of $2.4 Read More →
Read More →Westlake Village startup PureSpectrum raises $1.6 million
PureSpectrum, a Westlake Village startup that creates surveys for companies seeking reliable data from survey participants, raised $1.6 million July 21, it announced in an Aug. 12 news release. Entrepreneur Michael McCrary started working full-time on the project in December. This spring he joined the California Lutheran University Center for Entrepreneurship’s Hub 101 incubator, which Read More →
Read More →Cunningham, Ortiz-Legg vie for Assembly seat
Editor’s note: The Pacific Coast Business Times chose five contested tri-county races in the November election to feature in a Q&A format. Each candidate was asked the same four questions about business, housing and the economy. Jordan Cunningham is the Republican candidate and Dawn Ortiz-Legg is the Democratic candidate for the 35th District Assembly seat. Read More →
Read More →AeroVironment drones tested, destroyed by Navy
AeroVironment, a Monrovia-based company with major operations in Simi Valley, had several small drones tested and destroyed by the U.S. Navy in a recent test. AeroVironment made the announcement in a news release Aug. 11. On Aug. 3, the Navy used AeroVironment’s RQ-20B Puma in a test on the small destroyer USS Monsoon in the Read More →
Read More →Proposal to close Diablo Canyon submitted to California Public Utilities Commission
Parties that drafted the joint proposal to close the Diablo Canyon Power Plant formally submitted it to the California Public Utilities Commission on Aug. 11. On June 21, Pacific Gas & Electric announced plans to close the aging nuclear power plant near Avila Beach by the end of 2025 and replace power produced by the Read More →
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