AeroVironment to supply electrical chargers for BMW, Mini
Car makers BMW and Mini selected AeroVironment to supply its electric vehicle chargers, the company announced Sept. 20. AeroVironment, based in Monrovia with operations in Simi Valley, began shipping its TurboCord charger to BMW in May. The 20-foot cord can plug into any 120-volt outlet or charge at 3.6 kilowatts when using a 240-volt outlet, Read More →
Read More →CalAmp acquires minority stake in ThinxNet
CalAmp, an Irvine-based Internet of Things company with operations in Oxnard, announced a deal Sept. 19 to acquire a minority stake in Munich, Germany connected car company ThinxNet. The German startup uses technology to enable fuel payments by smartphone and create a network of gas stations. The two companies said they had been working together Read More →
Read More →Dole Food lays off another 400 berry workers
Westlake Village-based Dole Food continued to downsize its California berry operations with a layoff of more than 400 workers in Watsonville. The company submitted a notice to the California Employment Development Department at the end of August stating that the employees would be laid off effective Oct. 28. This comes after the announcement that 172 Read More →
Read More →Limoneira stock soared as hurricane hit Florida
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →Activist investor nominates 10 candidates for Deckers board
Activist investor Marcato Capital Management nominated 10 candidates for the board of directors for Goleta-based Deckers Brands. The shoe company confirmed that it had received the nominations in a news release issued Sept. 13. Earlier in the month, Deckers set a Sept. 15 deadline for nominations and pushed back its annual stockholders meeting, usually held Read More →
Read More →Limoneira reports revenues up but net income down
Santa Paula citrus producer and real estate investment company Limoneira reported on Sept. 11 a slight increase in revenues for its third quarter, ended July 31, but a drop in net income to $7.7 million, or 52 cents per share. Avocado production fell by nearly half, since the crop bears in alternate years, but declines Read More →
Read More →