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Defense leaders: Sequestration would be felt throughout region

By   /  Friday, March 1st, 2013  /  Top Stories, Tri-County Economy  /  Comments Off on Defense leaders: Sequestration would be felt throughout region

Potential furloughs, hiring freezes and other spending cutbacks to the region’s defense institutions could send an economic ripple effect through the Tri-Counties, according to economists and industry leaders. The 2011 Budget Control Act aims to reduce the government’s deficit and will trigger $85 billion budget-wide spending cuts on March 1. The federal spending cuts, also Read More →

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2013 Family Business & Closely Held Companies honorees announced

By   /  Monday, February 25th, 2013  /  Agribusiness, Central Coast, Features, Restaurants, Small Business, Tourism  /  Comments Off on 2013 Family Business & Closely Held Companies honorees announced

Congratulations to the 2013 Family Business & Closely Held Companies award winners. The section published Friday, Feb. 22 and is available with the print edition of the Business Times. This year’s winners are: Family Business Titan: Gills Onions, an Oxnard-based onion processing company owned by brothers Steve and David Gill. Legacy Family Businesses • Green Read More →

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Letter to the editor: Presidential pardon would compromise integrity

By   /  Friday, February 15th, 2013  /  Letters to the Editor, Opinion  /  Comments Off on Letter to the editor: Presidential pardon would compromise integrity

There is a sticking point on a presidential pardon, and that is integrity.

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Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas

By   /  Tuesday, February 12th, 2013  /  Latest news, Technology, Tri-County Economy  /  Comments Off on Despite Gov. Perry’s visit, Haas has yet to say ‘I do’ to Texas

Officials at Haas Automation appeared flattered by a pre-Valentine’s Day recruitment visit by Texas Gov. Rick Perry, but did not reveal any definitive news about the company’s expansion or relocation plans on Tuesday. The Oxnard-based machine-tool maker was courted by Perry after saying publicly that it is considering locations outside of California to expand beyond Read More →

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CalAmp to offer 4.2M shares to fund acquisition

By   /  Tuesday, February 12th, 2013  /  Banking & Finance, Latest news, Tri-County Public Companies  /  Comments Off on CalAmp to offer 4.2M shares to fund acquisition

CalAmp said Feb. 11 that it plans to sell 4.2 million shares of common stock in an underwritten public offering that could raise about $40 million for the Oxnard-based wireless products maker. The proceeds would be used to partially fund the purchase of Wireless Matrix Corp., a $53 million all-cash deal announced in December. Canaccord Read More →

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Gold Team fights back as Perry pursues Haas

By   /  Friday, February 8th, 2013  /  Real Estate, Technology, Top Stories, Tri-County Economy  /  2 Comments

A pre-Valentine’s Day visit by Texas Gov. Rick Perry to Haas Automation has set off a duel between the leader of the Lone Star State and California politicians. Haas Automation is one of the largest employers in Ventura County and the third-largest private company in the Tri-Counties, with annual revenue approaching $1 billion. The Oxnard-based Read More →

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Behind the effort to get a presidential pardon for a manufacturing icon

By   /  Friday, February 8th, 2013  /  Columns, Opinion  /  Comments Off on Behind the effort to get a presidential pardon for a manufacturing icon

Gene Haas and Haas Automation made headlines on Feb. 4 when the company confirmed to the Business Times that Texas Gov. Rick Perry is slated to make a recruiting trip to the Oxnard machine tool maker later this month. Whether or not Haas pulls the trigger and expands in Texas or North Carolina, the home Read More →

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