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NEWS
January 29, 1990 | From Times staff and Wire reports
A nearly decade-long labor struggle came to an end as 58 packing shed workers, 46 of them women, collected compensation checks from a $1.4-million settlement with Sun World Inc. The packing firm was found guilty of unfair labor practices in failing to rehire the members of the Fresh Fruit and Vegetable Workers Local 78-B after a brief strike in 1981. U.S. Supreme Court justices ruled last year to let the back-pay award stand. Some workers received checks for more than $50,000.
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BUSINESS
May 29, 1996 | Times Staff and Wire Reports
Cadiz in Pact to Take Sun World Out of Bankruptcy: The Rancho Cucamonga-based agricultural development firm said it has agreed to acquire Sun World International Inc., a Bakersfield agricultural concern currently operating under Chapter 11 bankruptcy protection, for about $175 million. As part of the reorganization, Cadiz Land Co.
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BUSINESS
May 29, 1996 | Times Staff and Wire Reports
Cadiz in Pact to Take Sun World Out of Bankruptcy: The Rancho Cucamonga-based agricultural development firm said it has agreed to acquire Sun World International Inc., a Bakersfield agricultural concern currently operating under Chapter 11 bankruptcy protection, for about $175 million. As part of the reorganization, Cadiz Land Co.
BUSINESS
October 16, 1994 | MICHAEL PARRISH, TIMES STAFF WRITER
Think of Sun World, the California produce giant now in deep financial trouble, as a beautiful piece of fruit that got bruised on the way to market. The company has taken a series of hits in the past three years, ranging from a disastrous year for California vegetables and the high cost of growing a tomato in Mexico to the untimely deaths or departures of key executives and a reluctant French lender who has moved to shut off its credit.
BUSINESS
October 16, 1994 | MICHAEL PARRISH, TIMES STAFF WRITER
Think of Sun World, the California produce giant now in deep financial trouble, as a beautiful piece of fruit that got bruised on the way to market. The company has taken a series of hits in the past three years, ranging from a disastrous year for California vegetables and the high cost of growing a tomato in Mexico to the untimely deaths or departures of key executives and a reluctant French lender who has moved to shut off its credit.
BUSINESS
March 1, 2005 | From Times Staff Reports
The assets of California fruit and vegetable grower Sun World International Inc. have been acquired in a Bankruptcy Court auction by private investment firm Black Diamond Capital Management for $127.8 million. Sun World, based in Coachella and Bakersfield, filed for Chapter 11 bankruptcy protection in January 2003. The subsidiary of the water company Cadiz Inc. owns about 17,000 acres in the San Joaquin and Coachella valleys, where it grows watermelons, table grapes, citrus and other produce.
BUSINESS
October 5, 1994 | From Associated Press
Sun World Inc., one of California's largest agribusiness companies, announced Tuesday that it has filed for reorganization under Chapter 11 of the federal bankruptcy law. Chief Executive John P. Brincko said the filing late Monday in U.S. District Court at San Bernardino is aimed at protecting growers and vendors and restructuring Sun World's balance sheet. "The action . . .
NEWS
January 26, 1990 | H.G. REZA, TIMES STAFF WRITER
A nearly decade-long labor dispute ended Thursday in the Coachella Valley when 58 agricultural workers--46 women and 12 men--received checks from a $1.4-million settlement with Sun World Inc., which was found guilty of unfair labor practices for refusing to hire them after a brief strike. Union officials in Washington called the award the largest of its kind for a small group of workers.
BUSINESS
September 22, 1993 | BENJAMIN LANDAU
ISSUE: With the recent breakthrough in relations between Israel and the Palestine Liberation Organization, Israel's next major battle will be on the economic front-- perhaps even with old Middle Eastern enemies as allies. California businesses, historical suppliers of Israel's defense system, are well positioned to take advantage of a new era of peaceful economic development.
FOOD
November 14, 1991 | DANIEL P. PUZO, TIMES STAFF WRITER
In the fall of 1988, the web of secrecy surrounding a multimillion-dollar experiment here began to unravel. Word leaked out that research was being conducted at an obscure site in the Coachella Valley. Despite the protection offered by a private security firm, a guard dog and a 12-foot-high cyclone fence topped with razor-sharp barbed wire, important material began disappearing. Later on, armed men entered the compound, shot and killed the guard dog and stole irreplaceable scientific data.
NEWS
January 29, 1990 | From Times staff and Wire reports
A nearly decade-long labor struggle came to an end as 58 packing shed workers, 46 of them women, collected compensation checks from a $1.4-million settlement with Sun World Inc. The packing firm was found guilty of unfair labor practices in failing to rehire the members of the Fresh Fruit and Vegetable Workers Local 78-B after a brief strike in 1981. U.S. Supreme Court justices ruled last year to let the back-pay award stand. Some workers received checks for more than $50,000.
FOOD
August 24, 1989 | DANIEL P. PUZO, Times Staff Writer
The summer's lemon harvest is drawing to a close throughout Ventura County, the nation's leading production area, as skeleton crews comb the orchards for the season's few remaining ripe fruits. Growers in towns such as Saticoy and Santa Paula are left to congratulate themselves on one of the most successful years of the past decade. The demand for fresh lemons is high and prices have approached record levels.
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