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business

New Foster Farms CEO talks about staffing, products and more as family ownership ends

in business/Employment

The new ownership at Foster Farms plans to retain its 12,000-strong workforce and the company’s mix of poultry products, Chief Executive Officer Donnie Smith said.

“There’s no reason for anybody at Foster Farms to be concerned about whether or not they’re going to have a job,” he said on a Zoom call Tuesday with The Modesto Bee. “Our intent is to grow the business.”

Smith spoke two weeks after Atlas Holdings, based in Greenwich, Connecticut, purchased Foster Farms from the family that founded it in 1939. The price was not disclosed. The operation includes turkey processing in Turlock and chicken plants in Livingston, Fresno, Porterville, Oregon, Washington, Louisiana and Alabama.

Continue Reading in The Modesto Bee

Cheesecake business booms in first weeks of operation

in business/Food/Food & Drinks

Three weeks ago, Turlock’s Jessica Hostetter took her baking skills and love of cheesecake to officially launch her new business, Sweet Cheeks Cheesecakes. While the business is still new, she is already busy fulfilling orders from multiple customers.

Hostetter began baking three years ago and explained why she chose to focus on the cheesecakes over any other type of baked good.

Continue Reading in Turlock Journal

The 10 Steps For Converting Your California LLC To A Delaware Corporation

in business

Most startup founders form a Delaware C corporation as it is the preferred legal entity of most investors. However, some founders instead form a California LLC when they expect to have losses their first few years and would like for those losses to flow down to schedule C of their individual tax return to offset other income.

Once the company has gained traction and is ready to raise outside venture capital financing, the founder might then convert the LLC to a Delaware corporation by completing the following 10 steps:

Continue Reading on Forbes

Bitwise Industries opens new facility in downtown Merced

in business

MERCED, Calif. (KFSN) -- Valley tech enterprise Bitwise Industries is now welcoming people to start working at their new location in downtown Merced.

Action News was given the first look at the new space on Main and M Streets - it's called Bitwise 1635.

Inside, you'll find co-working spaces, private offices, classrooms and a cafe.

Bitwise offers real estate, workforce training, and tech consulting to give opportunities to people often overlooked in the tech world.

Continue Reading on ABC30

Staffing and funding. Business owners share those and other top concerns at Turlock summit

in business

Small business owners gathered Tuesday for the first Turlock Business Summit, organized by the Valley Sierra Small Business Development Center.

The free event, held at the Grand Oak Banquet Hall And Event Center in Turlock, saw over 100 small business owners and employees in attendance and featured presentations from various consultants and business leaders.

Maisie Silva, the Turlock program specialist for the Valley Sierra SBDC, said the event was made possible through an American Rescue Plan Act grant for the “Turlock: Small Business, Large Impact” program. The program seeks to connect local business owners with resources and provide opportunities and training.

Continue Reading on The Modesto Bee

California couple hopes you reconsider how you buy Mother’s Day flowers

in business

OCEANSIDE, Calif. —
This Mother's Day, a California couple is hoping to change the way you buy flowers. In this Zevely Zone, I went to Oceanside where Matilda's Bloombox is supporting local growers.

"Thank you for having us, yeah thank you for having us," said Emily and Matt Boschetto before giving their first television interview ever. I asked the married couple from San Francisco how they were feeling. "A little nervous but good," said Matt. Emily then said, "I feel like an English person that I have just made it in America!"

If you want to root, for a mom-and-pop operation, this is your chance. Matt is a California kid who fell in love with Emily who is from Yorkshire. In love, but hating their jobs, Matt and Emily started a business in their garage five years ago and named it after their first daughter, Matilda.

Continue Reading on CBS8

COVID hit some downtown Turlock businesses harder than others. Here’s who fared best

in business

During the statewide COVID-19 shelter-in-place order in March 2020, Gina Blom decided she needed to close her downtown Turlock paint and sip studio.

Blom shifted Rembrandt & Rosé to a mobile business, and she said a new tenant moved into the suite on West Main Street as soon as she left.

The turnover exemplifies how downtown Turlock has remained a desirable hub for local businesses and maintained a low vacancy rate throughout the pandemic, Blom and other business owners said.

Few businesses have closed and new tenants have taken their place right after, said Blom, who also works as the executive director of the Turlock Chamber of Commerce. The occupancy rate for downtown Turlock stands at 99%, said Lori Smith, co-owner of Main Street Antiques and a board member of the Turlock Downtown Property Owners Association.

Continue Reading on The Modesto Bee

3 Earth-Friendly Tactics for Every Small Business

in business/Environment

Living in California, it's hard to ignore the impact humans have on the natural world. Between drought, wildfires, and the underlying threat of climate change that feeds these disasters, I'm constantly reminded of what's at stake if we don't all make a concerted effort to protect our planet.

Thankfully, there's a growing awareness in the business world that companies need to step up their commitments to eco-friendliness -- and that includes small businesses. A recent survey found that a majority of entrepreneurs around the world are willing to turn down an investor with a poor track record on sustainability. In theory, that kind of commitment is great, but how do those good intentions translate into everyday business practices?

Continue Reading on Inc.

H&M says you can compost its new line of baby clothes

in business

H&M is coming out with a new line of baby clothes that can be recycled in an unexpected way once they're worn out - composting.

The 12-piece organic cotton collection for newborns (priced from $4.99 to $17.99) launches in May and includes tops, bottoms with adjustable waistbands and cuffs, jackets, hats and blankets.

Abigail Kammerzell, H&M's US head of sustainability, said all items are 100% biodegradable, including the pigments used to print designs on the clothing. She said the pieces are also deliberately absent of buttons or any metal trim.

Continue Reading on ABC30

Ameresco’s finances $262M to work on California battery project

in business

Renewable energy firm Ameresco secured $262 million in financing from Bank of America, as part of its effort to complete a large-scale battery storage system in Southern California.

The financing boosts Ameresco’s credit facility total to $495 million, according to a Monday press release from the Framingham company.

Continue Reading on Worcester Business Journal

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