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Thousand Oaks-based Teledyne wins $15 million contract from NASA

By   /  Monday, July 20th, 2015  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Thousand Oaks-based Teledyne wins $15 million contract from NASA

Teledyne Technologies won an out of this world contract Tuesday. Thousand Oaks-based Teledyne announced that it won a $15 million contract from NASA on Monday to build a hyper-spectral remote sensing imaging instrument that will be used on the International Space Station. Teledyne makes instrumentation, digital imaging products and software for aerospace and defense systems. Read More →

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Thousand Oaks connection spurs new startup group

By   /  Friday, July 17th, 2015  /  East Ventura County, Latest news, Technology  /  Comments Off on Thousand Oaks connection spurs new startup group

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Ventura-based bra maker Fashion Forms is moving to Austin, Texas

By   /  Friday, July 17th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Ventura-based bra maker Fashion Forms is moving to Austin, Texas

Ventura-based bra maker Fashion Forms is moving to Austin, Texas. “I am moving my headquarters and have bought a home in Austin as well, so I will be working out of there,” CEO Ann Deal said in an email to the Business Times. “This transition will be roughly October or November of this year.” The Read More →

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Santa Barbara may add legal muscle for claims against oil spill pipeline operator

By   /  Thursday, July 16th, 2015  /  Energy, Latest news, Top Stories, Tourism  /  Comments Off on Santa Barbara may add legal muscle for claims against oil spill pipeline operator

The city of Santa Barbara is looking to add some legal muscle as battle lines are drawn against its behemoth foe, Plains All American Pipeline. City Attorney Ariel Calonne, in a statement released July 16, is recommending that the Santa Barbara City Council retain special legal counsel to assist as co-counsel in preparing and pursuing Read More →

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Camarillo-based Semtech to lay off 8 percent of workforce

By   /  Wednesday, July 15th, 2015  /  Latest news, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Camarillo-based Semtech to lay off 8 percent of workforce

Camarillo-based Semtech Corp. announced plans to lay off about 8 percent of its workforce. Semtech, which makes analog and mixed signal semiconductors and announced the cuts July 15, didn’t provide details about the total number of employees that will be laid off, or where the cuts will happen. The company said in a news release Read More →

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Montecito Bank & Trust net income jumped 44 percent over prior year

By   /  Wednesday, July 15th, 2015  /  Banking & Finance, Banking Industry, Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Montecito Bank & Trust net income jumped 44 percent over prior year

Montecito Bank & Trust said July 15 that net income jumped 44 percent from a year earlier as total assets reached $1.2 billion. The privately-held bank is the largest financial institution headquartered in Santa Barbara County and it said loans grew 23 percent to $662 million. “We continue to see an increased demand for financing Read More →

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Limoneira Co. buys leases in San Joaquin Valley

By   /  Monday, July 13th, 2015  /  Agribusiness, Latest news, Tri-County Public Companies  /  Comments Off on Limoneira Co. buys leases in San Joaquin Valley

Limoneira Co., the 120-year-old global agribusiness, announced today that it has entered into a purchase agreement to acquire 157 acres of lemon, orange and specialty citrus orchards in the San Joaquin Valley for approximately $3.3 million. The transaction is expected to close in 60 days. The orchards are being acquired thanks to purchase options within Read More →

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