Latest
By Staff Report / Tuesday, November 5th, 2013 / Technology, Tri-County Economy, West Ventura County / Comments Off on Port of Hueneme unveils marine test program
Called MAST, short for Marine Advanced Systems and Technology, the program will create an innovation hub of sorts for companies to test paint, products and devices for their ability to operate in marine environments.
Read More →
Latest
By Tom Bronzini / Friday, November 1st, 2013 / Features, Top Stories, Tri-County Economy, West Ventura County / Comments Off on On a 40-year roll: P&G paper plants set to mark milestone in Oxnard
Procter & Gamble will celebrate the 40th anniversary of its Family Care Plant in Oxnard this month, a remarkable milestone when viewed against the decline in manufacturing jobs in California and across the nation. The Oxnard plant makes Bounty paper towels and Charmin toilet tissue in huge quantities that supply California and parts of the western U.S.
Read More →
Latest
By Henry Dubroff / Friday, October 25th, 2013 / East Ventura County, Latest news, Opinion, Tri-County Economy, West Ventura County / Comments Off on Special comment: Ventura County’s energy landscape
Ventura County has an diverse array of energy assets, but the rules are going to have to change if innovation is going to flourish in the region.
That was my takeaway after moderating two panels on the future of energy at the Ventura County Economic Development Association’s annual business outlook conference on Oct. 25.
Read More →
Latest
By Marlize van Romburgh / Friday, October 25th, 2013 / Banking & Finance, Banking Industry, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Heritage buy sets stage to compete in big leagues
With its $56.4 million purchase of another Central Coast bank, Heritage Oaks Bancorp lays the foundation to build the region’s next big community banking franchise and emerges as the dominant player in the market.
Paso Robles-based Heritage Oaks said Oct. 21 that it is buying Mission Community Bank, based in San Luis Obispo, in a cash-and-stock deal expected to close in the first quarter of 2014. The combined bank would have $1.5 billion in assets, making it the largest bank based in the Tri-Counties.
Read More →
Latest
By Patrick Kulp / Friday, October 25th, 2013 / Banking & Finance, Central Coast, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ratings agencies unfazed as county pension costs rise
Despite dire warnings that future pension costs could cause a fiscal meltdown for tri-county governments, credit ratings for Santa Barbara, Ventura and San Luis Obispo county bonds remain mostly unaffected by looming gaps in their retirement obligation funding.
Standard & Poor’s, a leading rating agency, ranks all three counties near the top of a scale that spans from its highest AAA to C, the lowest rating a bond can have without defaulting. Santa Barbara County carries the agency’s second highest AA-plus designation. Ventura County is assigned a slightly lower AA-rating this year and SLO County is ranked AA-minus.
Read More →
Latest
By Tony Biasotti / Friday, October 18th, 2013 / East Ventura County, Law, Top Stories, Tri-County Economy, West Ventura County / 5 Comments
Former Ventura County Sheriff Bob Brooks, whose $283,000 pension is among the largest of any retired government employee in California, is suing the county for a supplemental benefit that would pay him another $75,000 a year.
Read More →