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Santa Clara Valley Bank to be sold in $15.3M deal

By   /  Friday, July 18th, 2014  /  Agribusiness, Banking & Finance, Banking Industry, Latest news, Top Stories  /  Comments Off on Santa Clara Valley Bank to be sold in $15.3M deal

Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.

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Ventura startup hopes to bring meals to your door

By   /  Friday, June 13th, 2014  /  Banking & Finance, East Ventura County, Small Business, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Ventura startup hopes to bring meals to your door

FreshRealm is betting millions of dollars on a revolutionary concept: A backend service for businesses that enables customers to get fresh food sent directly to their homes. Combined with a reusable container that can be filled at a store and shipped via FedEx to the home, the service utilizes existing infrastructure and can scale quickly, its founders say.

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Limoneira operating income jumps 35% on higher lemon prices

By   /  Tuesday, June 10th, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Limoneira operating income jumps 35% on higher lemon prices

Santa Paula-based fruit grower Limoneira Co.’s second-quarter profits fell 16.7 percent to $2 million despite higher revenue and operating income. The earnings decrease was affected by Limoneira’s sale last year of 165,000 shares of Santa Paula-based Calavo Growers, a transaction that netted a $3.1 million gain in the second quarter of 2013. Limoneira’s earnings per Read More →

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Calavo shares rally on record Q2 profits

By   /  Monday, June 2nd, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares rally on record Q2 profits

Shares of produce marketer Calavo Growers surged more than 7 percent in midday trading on Monday as the firm’s second-quarter profits surged 205 percent to $6.7 million, setting a quarterly earnings record.

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Calavo gets $10M for FreshRealm food delivery platform

By   /  Thursday, May 1st, 2014  /  Agribusiness, Banking & Finance, East Ventura County, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo gets $10M for FreshRealm food delivery platform

Santa Paula-based Calavo Growers has received $10 million in funding and named a CEO for its FreshRealm food distribution platform, it said on Thursday. Michael Lippold, who is the former director of strategic development at Calavo, will lead the new venture, which is based in Ventura. FreshRealm, a new cloud-hosted technology platform that connects growers, Read More →

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Limoneira could lead water-efficiency push in California drought

By   /  Friday, March 28th, 2014  /  Columns, Opinion  /  Comments Off on Limoneira could lead water-efficiency push in California drought

One of the cool things about covering business in the Tri-Counties is that at least once a year we get a pretty close look at what’s happening at one of the region’s largest agribusiness holding companies. That’s because Santa Paula-based Limoneira Co., founded in 1893, happens to be a publicly traded company. The company began Read More →

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Santa Paula entrepreneur turns attention to Chinese attack victims

By   /  Friday, March 7th, 2014  /  Columns, Opinion  /  Comments Off on Santa Paula entrepreneur turns attention to Chinese attack victims

Henry Dubroff

“None of the victims did anything wrong except being in the wrong place at the wrong time. This is about people helping people. We all live here,” Santa Paula resident William Irion, who frequently travels to China, told me.

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