Calavo Growers president resigning for job at FreshRealm
Santa Paula-based Calavo Growers President and Chief Operating Officer Kenneth Catchot will resign on Jan. 6 and be replaced by Lecil Cole, according to a Dec. 19 Securities and Exchange Commission filing. Catchot will take on a senior management position with FreshRealm, which Calavo holds a 46 percent ownership interest. FreshRealm is a Ventura-based company Read More →
Read More →OCB Bancorp income grows during third quarter
In its third quarter earnings report, OCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — reported net income year-to-date of $851,000, or 37 cents per share, up from $622,000 last year. Total loans increased by $42 million, or 26 percent, to hit Read More →
Read More →Calavo Growers buys production facility in Riverside
Santa Paula-based avocado and fresh produce grower Calavo Growers completed the $19.4 million purchase of a 128,000-square-foot production facility in Riverside, the company announced on Nov. 3. The acquisition, which was secured in a 1031 exchange, will help Calavo increase its national footprint for its Renaissance Food Group LLC business segment. The facility at 1730 Read More →
Read More →Calavo Growers to pay 90 cent dividend per share
The board of directors for Santa Paula-based Calavo Growers announced Sept. 27 that it would pay a 90 cent dividend per share of its common stock. The dividend is payable Dec. 8 to shareholders of record Nov. 17 and amounts to $15.7 million, a 12.5 percent increase over an 80 cent dividend 2015. Calavo stock Read More →
Read More →Limoneira declares dividend of 5 cents per common share
Limoneira declared a dividend of 5 cents per common share for stockholders of record as of Oct. 3. The board of directors for the Santa Paula agribusiness and real estate development company announced Sept. 21 that it would pay the dividend Oct. 17. As of 12:34 p.m. Sept. 23, Limoneira stock was up 0.7 percent Read More →
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Overtime pay for ag workers will hurt tri-county growers
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Read More →Limoneira’s third quarter revenues grow
Limoneira reported revenue increases for the third quarter of 2016, primarily from higher-than-expected sales and prices of its avocados. Revenues for the Santa Paula agribusiness and real estate development company grew 34 percent compared to the third quarter last year, from $29.8 million to $39.9 million, mirroring 35 percent growth in its agribusiness revenue to Read More →
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