Qualstar shares sink on $5.6M loss
Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal Read More →
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KeVita caps expansion with 50,000-square-foot Oxnard bottling plant
Oxnard-based probiotic drink manufacturer KeVita is expected to close on a new 50,000-square-foot bottling facility near its current home base at 2220 Celsius Ave.
Read More →Auto World Center in Simi Valley sells for $3.9M
A nearly 30-year-old property in Simi Valley recently traded hands for more than $3.9 million. The Auto World Center, a fully-leased 18,875-square-foot multi-tenant retail center of automotive services, was bought by the Khajerian Family Trust in all-cash deal, according to a release from the Westlake Village office of real estate firm NAI Capital. The Read More →
Read More →Simi Valley gains traction as Tylt expands
A Simi Valley consumer electronics accessories firm is opening a new 60,000-square-foot headquarters to boost its staff, launch new brands and push its venture capital arm forward.
Read More →Rewinding the tape: After ouster, Qualstar consolidates in Simi Valley
One year after outside investors ousted Simi Valley-based Qualstar’s management and installed a new team, the company has reduced expenses and is working towards profitability.
Read More →Simi Valley hotel dreams take flight with Hummingbird development
In a bid to attract more tourism dollars from nearby Los Angeles, city officials in Simi Valley are pinning their hopes on the development of a five-star hotel at Hummingbird Nest Ranch. But the developer behind the 126-acre ranch says the largest component of the resort development hinges on how well the early phases Read More →
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