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San Diego County gas prices rise slightly

in Around California/business

SAN DIEGO — The average price of a gallon of self-serve regular gasoline in San Diego County rose four-tenths of a cent Monday to $3.561, one day after falling three-tenths of a cent.

The average price is four-tenths of a cent less than one week ago and 2 cents lower than one month ago, but 26.9 cents more than one year ago, according to figures from the AAA and Oil Price Information Service.

“Southern California gasoline average prices continue to be the most expensive in the country, and recent declines in oil prices worldwide have not yet made much of an impact locally,” said Jeffrey Spring, the Automobile Club of Southern California’s corporate communications manager.

Continue Reading on Fox 5

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California wine prices may drop to lowest in 20 years

in Around California/business

LODI, Calif. — The price of wine is at an all-time low because of an abundance of grapes, according to a new report from the Silicon Valley Bank Financial Group.

The State of U.S. Wine Industry 2020 report said wine prices could reach the lowest in 20 years. Some are calling it good news for wine drinkers.

“That's always good news to us -- lower prices on alcohol, yay,” said Priscilla Kumar, who was wine tasting in Lodi on Monday.

Continue Reading on KCRA 3

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Success is ‘just being welcomed by the community’ for new Turlock-bound marijuana dispensary

in business

TURLOCK, Calif. — In a town that previously banned marijuana, success won't necessarily be measured by dollars and cents. For some dispensaries, it might be more about turning heads for the right reasons than turning a profit.

At least two of Turlock's first-ever marijuana dispensaries aren't far from breaking ground. There are even plans for some shops to open up this year.

Continue Reading on ABC 10

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How coronavirus is hurting some Northern California businesses

in Around California/business

BRENTWOOD, Calif. — The coronavirus is hurting some Northern California businesses as shipments are being held up at ports in China.

Central Valley businesswoman Ann Kibby owns American Container Sales. The company offers units for everything from construction goods to medical supplies to firefighting equipment.

“Because of the coronavirus, there may be a delay getting the containers loaded onto the ships,” Kibby said.

Kibby shared pictures of about 100 containers still in China.

Continue Reading on KCRA

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Turlock resident brings floral dreams to life

in business

In 2013, Turlock resident Jessica McGuire was a student at Modesto Junior College, working her way toward eventually becoming a high school agriculture teacher. Though she was taking floriculture classes at the time, she had no idea her life would change that year when she was asked to handle all things floral at a friend’s wedding.

“I was so inspired by the art of floral design that I decided to start my own business,” McGuire said.

Continue Reading on Turlock Journal

Bus signal priority systems expanding in California

in business

Supplier of applied informatics systems for the transportation industry, Iteris Inc. is continuing to expand its multimodal transport and vehicle-to-infrastructure (V2I) initiatives with the award of a new transit priority system in California.

Iteris has just been awarded US$707,000 from the City of Gardena to provide design services as part of the bus signal priority (BSP) project for Gardena Transit (GTrans) bus Line 2, representing a continued expansion of the company’s BSP leadership in southern California. Under the terms of the one-year agreement, Iteris will provide design services, procurement, testing and oversight, as well as construction support to enable operations on the new BSP system at major signalised intersections in compliance with the Los Angeles County Metropolitan Transportation Authority’s (LA Metro) Countywide Signal Priority program. Task orders for three years of operation and maintenance (O&M) services are pending, and include the option for two additional years of O&M. This is Iteris’ seventh BSP project in southern California, bringing total deployments of the company’s BSP connected bus solutions to over 500 intersections in the region.

Continue Reading on Traffic Technology Today

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So long, farewell: The major Modesto, valley business and restaurant closings of 2019

in business

The end of the year — let alone an entire decade — always comes with a little sadness.

This year saw many longtime local businesses say goodbye for good, and national stalwarts shut down their large big box stores.

The so-called “retail apocalypse” was felt in the Central Valley as some well-known national chains faced bankruptcy. Other long-running businesses said farewell. A look at what left us in 2019.

BUSINESS CLOSURES

Sears: The iconic American company closed its Modesto location in Vintage Faire Mall the first week of January 2019. Sears had had a store in Modesto for 80 years, first in downtown and then at the north Modesto mall when it opened in 1977. The national chain’s bankruptcy forced the Modesto outlet to close. But, good news, its two-story anchor space at Vintage Faire is being taken over by a Dave & Buster’s and Dick’s Sporting Goods.

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Stanislaus Farm Supply celebrates 75 years

in business/Food

In 1949 a strike by the steel workers on the east coast led to a shrinking supply of bailing wire needed by Valley farmers and what was available was exorbitantly prices. The need for less expensive wire drove Stanislaus County farmers to creatively pool financial resources under a committee to secure a railcar of wire. One of the farmers, Joe Sousa, offered to the Farm Supply Committee headed by Maurice McDonald to manage the company for six months without pay. He also offered free use of his pickup and one-and-a-half-ton truck. If directors were satisfied with the operation at the end of six months, he agreed to continue for six more months; if not, he pledged to resign with no compensation. Another farmer, Fred Thiemann matched Sousa’s proposal by offering office space and clerical staff at no charge, and in 1949, Stanislaus Farm Supply was born.

That was 75 years ago and on Thursday evening the Ceres based grower-owned co-op celebrated with a dinner gala and program at the Turlock Fairgrounds.

Continue Reading on The Ceres Courier

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How the California Wildfires Are Impacting Tourism

in business/Economy/Local Roundup

After several years of unprecedented wildfires, many of them raging through national forests and the celebrated Napa/Sonoma wine region, California’s tourism industry is up against what former Governor Jerry Brown calls “the new abnormal.”

While visitor numbers remain strong, California tourism marketers are grappling with other challenges, some of them exacerbated by the fires. These issues include a lack of affordable housing for service employees and the need to steer wine tourism away from the popular — and most fire-prone — fall harvest season.

There are also worries that the image of the Golden State may be irrevocably tarnished.

Continue Reading on Skift

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Global Almond ingredients Market research to Witness Increased Revenue Growth Owing to Rapid Increase in Demand || Barry Callebaut, Olam International, Archer Daniels Midland Company

in business/Local Roundup

Market Analysis: Global Almond Ingredients Market

Global almond ingredients market is undergoing with a healthy CAGR of 11.50% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The factors responsible for this growth in the market value are rise in consumption of food & beverage in the various developing regions and increasing awareness about nutritional benefits of almond

Few of the major competitors currently working in the global almond ingredients are Royal Nut Company, TREEHOUSE ALMONDS, The Wonderful Company LLC, Kanegrade Ltd., SAVENCIA SA, BORGES AGRICULTURAL & INDUSTRIAL NUTS, S.A; JOHN B. SANFILIPPO & SON, INC., Blue Diamond Growers, Barry Callebaut, Olam International, Archer Daniels Midland Company, Sahale Snacks, Inc., The Hershey Company., Russell Stover Chocolates, LLC,  Sanitarium,   Bob’s Red Mill Natural Foods, Döhler, OLOMOMO Nut Company., Jonny Almond Nut Company., Helios Ingredients and among others.

Continue Reading on Vapor Blash

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