Sientra, a medical device company that developed breast implant technology, saw its stock price collapse from $22 per share to under $3 due to regulatory issues and contamination found at its sole manufacturing plant in Brazil. In 2014 and 2015, European and American regulators investigated and found particle contamination in implants produced at the Brazil plant. However, Sientra did not disclose these investigations and problems to shareholders in documents filed for a follow-on public stock offering in September 2015. Now, shareholders have sued Sientra and key executives have resigned, questioning what company leaders knew about the manufacturing problems and regulatory actions.
The document discusses Novartis' attempt to introduce a biosimilar version of Amgen's drug Neulasta, which was rejected by the FDA. It notes that companies typically celebrate when new drugs are approved, but there was silence from pharmaceutical companies after the FDA declined Novartis' biosimilar. A biosimilar could help patients by making a cheaper version available, but it could also hurt Amgen's profits from Neulasta, its second highest selling drug. The article finds it odd that such an important regulatory decision elicited no public response from the companies involved.
Nnfcc market review bio based products issue nineteen october 2013NNFCC
This document provides a summary of the latest news in the bio-based chemicals and materials sector from the NNFCC Market Review for October 2013. Key developments include Amyris applying for RSB certification for its renewable farnesene product and Solazyme agreeing a commercial supply contract with Unilever for an algal oil. The document also summarizes new products, partnerships, and industry reports regarding platform chemicals, specialty chemicals, biopolymers, and research.
The next time your mobile phone
buzzes in your pocket, think tungsten.
The hard, steel-grey mineral is crucial to
the component that makes phones
vibrate. It is also used in ballpoint pens,
lightbulbs and in the wiring of heated
car windscreens.
Since last year, any listed US company
making such items has been required to
report exactly where its tungsten comes
from. Tungsten, along with tantalum,
tin and gold (collectively known as
3TG), is a “conflict mineral”, often
mined under exploitative conditions in
the Democratic Republic of Congo and
sold to fund warfare in the region.
To stop money going to these kinds of
producers, the 2010 Dodd-Frank Act
requires US manufacturers to audit
their supply chains and report on the
origins of their minerals.
SPLC 2019 Summit: Supply Chain Transparency Is Now a Business Imperative: Imp...SPLCouncil
Slides from Alexis Bateman, Director, MIT Sustainable Supply Chains, MIT, presented at the Sustainable Purchasing Leadership Council’s 2019 Summit in Portland, OR.
Welcome to the January Edition of Crisis Management’s RecallRegister, Aon’s monthly recall and product safety newsletter. This publication provides a review of the month’s recalls asreported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug
Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition to recall announcements, RecallRegister provides an update on the product recall and contamination insurance marketplace and environment. Each month, we highlight issues of importance including new markets and capacity, significant recall events and changes in legislation affecting the consumer products industry.
Featured cover story about my interview with Guangjian Zeng, the chairman of KOMO. KOMO is the top manufacturer of gum rosin in China, a leading manufacturer of rosin resin in China, No.1 manufacturer of turpentine oil in China, and the biggest importer of gum rosin in China.
The product recall and contamination insurance market continued to expand and develop in 2015. Coverage is becoming more commonplace with an increasing number of
companies purchasing policies to supplement their risk management programs. New carriers provided additional capacity and policy wording continued to develop around new exposures and case law. Several high profile events influenced
the manner in which underwriters view and approach risks while regulators and the media continued to focus on issues of product safety.
This publication seeks to provide readers with updates on the risk management of product recall and contamination. It also
summarizes some of the significant events during the past twelve months, reviews new rules and regulations, and provides
updates on the insurance marketplace including tools available to assist firms in evaluating and mitigating their risk.
This document discusses product recalls and how companies can mitigate risks and losses. It describes Blue Bell Creameries' recall of all its ice cream products in 2015 after a listeriosis outbreak linked to its desserts caused illnesses and deaths. Blue Bell took corrective actions like thoroughly cleaning plants and improving sanitization procedures. The document also discusses a recall by Trek Bicycle of nearly 1 million bikes due to a risk of their front wheels separating. Both companies worked closely with regulators during their recalls. The impacts of recalls, importance of prevention, and role of social media are also addressed.
The document discusses Novartis' attempt to introduce a biosimilar version of Amgen's drug Neulasta, which was rejected by the FDA. It notes that companies typically celebrate when new drugs are approved, but there was silence from pharmaceutical companies after the FDA declined Novartis' biosimilar. A biosimilar could help patients by making a cheaper version available, but it could also hurt Amgen's profits from Neulasta, its second highest selling drug. The article finds it odd that such an important regulatory decision elicited no public response from the companies involved.
Nnfcc market review bio based products issue nineteen october 2013NNFCC
This document provides a summary of the latest news in the bio-based chemicals and materials sector from the NNFCC Market Review for October 2013. Key developments include Amyris applying for RSB certification for its renewable farnesene product and Solazyme agreeing a commercial supply contract with Unilever for an algal oil. The document also summarizes new products, partnerships, and industry reports regarding platform chemicals, specialty chemicals, biopolymers, and research.
The next time your mobile phone
buzzes in your pocket, think tungsten.
The hard, steel-grey mineral is crucial to
the component that makes phones
vibrate. It is also used in ballpoint pens,
lightbulbs and in the wiring of heated
car windscreens.
Since last year, any listed US company
making such items has been required to
report exactly where its tungsten comes
from. Tungsten, along with tantalum,
tin and gold (collectively known as
3TG), is a “conflict mineral”, often
mined under exploitative conditions in
the Democratic Republic of Congo and
sold to fund warfare in the region.
To stop money going to these kinds of
producers, the 2010 Dodd-Frank Act
requires US manufacturers to audit
their supply chains and report on the
origins of their minerals.
SPLC 2019 Summit: Supply Chain Transparency Is Now a Business Imperative: Imp...SPLCouncil
Slides from Alexis Bateman, Director, MIT Sustainable Supply Chains, MIT, presented at the Sustainable Purchasing Leadership Council’s 2019 Summit in Portland, OR.
Welcome to the January Edition of Crisis Management’s RecallRegister, Aon’s monthly recall and product safety newsletter. This publication provides a review of the month’s recalls asreported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug
Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition to recall announcements, RecallRegister provides an update on the product recall and contamination insurance marketplace and environment. Each month, we highlight issues of importance including new markets and capacity, significant recall events and changes in legislation affecting the consumer products industry.
Featured cover story about my interview with Guangjian Zeng, the chairman of KOMO. KOMO is the top manufacturer of gum rosin in China, a leading manufacturer of rosin resin in China, No.1 manufacturer of turpentine oil in China, and the biggest importer of gum rosin in China.
The product recall and contamination insurance market continued to expand and develop in 2015. Coverage is becoming more commonplace with an increasing number of
companies purchasing policies to supplement their risk management programs. New carriers provided additional capacity and policy wording continued to develop around new exposures and case law. Several high profile events influenced
the manner in which underwriters view and approach risks while regulators and the media continued to focus on issues of product safety.
This publication seeks to provide readers with updates on the risk management of product recall and contamination. It also
summarizes some of the significant events during the past twelve months, reviews new rules and regulations, and provides
updates on the insurance marketplace including tools available to assist firms in evaluating and mitigating their risk.
This document discusses product recalls and how companies can mitigate risks and losses. It describes Blue Bell Creameries' recall of all its ice cream products in 2015 after a listeriosis outbreak linked to its desserts caused illnesses and deaths. Blue Bell took corrective actions like thoroughly cleaning plants and improving sanitization procedures. The document also discusses a recall by Trek Bicycle of nearly 1 million bikes due to a risk of their front wheels separating. Both companies worked closely with regulators during their recalls. The impacts of recalls, importance of prevention, and role of social media are also addressed.
This document provides guidance on sizing, selecting, and installing pressure-relieving devices in refineries. It discusses various types of pressure relief devices including pressure relief valves, rupture disk devices, pin-actuated devices, and other types. It also outlines procedures for sizing pressure relief devices, determining relief requirements, effective area and discharge coefficients, and considering back pressure effects. The document is intended to supplement ASME boiler and pressure vessel codes and provide best practices for ensuring safety.
Monthly recap of recall and product safety news reported by various US government agencies. The publication also provides an update on the product recall and contamination insurance marketplace, including new markets and capacity, significant recall events, and legislative changes affecting the consumer products industry.
Welcome to the December Edition of Crisis Management’s RecallRegister, Aon’s monthly recall
and product safety newsletter. This publication provides a review of the month’s recalls as
reported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug
Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic
Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition
to recall announcements, RecallRegister provides an update on the product recall and
contamination insurance marketplace and environment. Each month, we highlight issues of
importance including new markets and capacity, significant recall events and changes in
legislation affecting the consumer products industry.
Welcome to the November Edition of Crisis Management’s RecallRegister, Aon’s monthly recall and product safety newsletter. This publication provides a review of the month’s recalls as reported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition
to recall announcements, RecallRegister provides an update on the product recall and
contamination insurance marketplace and environment. Each month, we highlight issues of
importance including new markets and capacity, significant recall events and changes in legislation affecting the consumer products industry.
What are you feeding me? Blockchain, trust & the future of foodEric Weaver
Arsenic in your rice. Donkey meat in your ground beef. Salmonella in your child's shampoo. Sugar water in your grandmother's insulin shot. Incidents of counterfeit products, contamination, and outright fraud are mushrooming in the food, beauty and pharma sectors — and consumer trust has plummeted to historic lows. But what if your products could talk? Tell you where they came from, and where they've been? If they were real - or if they'd spoiled? Former Xerox VP Eric Weaver discusses the growing risks around these very personal products and how distributed ledger tech is allowing brands to demonstrate proof of origin, chain of custody, and marketing claims. Attendees will walk away with a deeper understanding of how integrating IoT and blockchain technologies with on-the-ground certification is transforming the packaged goods sector.
This document discusses lessons learned from an acetonitrile shortage in 2008. Acetonitrile is a common solvent that is a co-product of acrylonitrile production. In 2008, reduced demand for acrylonitrile from the automotive industry led manufacturers to cut production, reducing the available supply of acetonitrile. Additionally, the two main US production facilities for acetonitrile were both shut down due to weather events, creating a "perfect storm" shortage. Many companies were unaware of their reliance on these few production sources. This event highlighted the importance of mapping multi-tier supply chains and monitoring for disruptions.
Industry analysis g.o.l.d. (global oil leakage detectossuser337fce
The document discusses a new product called G.O.L.D. (Global Oil Leakage Detector) that aims to prevent oil spills by monitoring waters for leaks. It analyzes the product's strengths and opportunities, as well as threats from competitors. A key competitor is Pristine Sea, which uses clays to solidify oil spills. The document recommends marketing strategies for G.O.L.D. to establish itself and expand its online presence against competitors in the oil spill detection market.
- Many pharmaceutical companies and research institutions around the world are racing to develop a vaccine for COVID-19. Some of the leading candidates include vaccines in development by CanSino, Novavax, CureVac, and Moderna.
- Testing is also ramping up globally to identify cases and track the spread of the virus. Rapid at-home test kits that provide results within 10 minutes are in development.
- Treatments under investigation include convalescent plasma from recovered patients, as antibodies may provide some protection. However, research shows antibody levels start declining within 2-3 months.
- Many pharmaceutical companies and research institutions are racing to develop a COVID-19 vaccine. Key players discussed include CanSino, Novavax, CureVac, and Moderna.
- Testing is also a major focus. Rapid at-home testing kits that provide results within 10 minutes are in development. The global COVID testing market is expected to reach $44 billion in 2020.
- Potential treatment options discussed include convalescent plasma from recovered patients and further research on antibodies and the human genome to better understand risk factors and immunity. However, antibody levels appear to decrease significantly within 2-3 months.
The document provides an overview and update on the global race to develop vaccines and testing for COVID-19. It discusses several pharmaceutical companies and research organizations working on vaccine development, including CanSino, Novavax, CureVac, and Altimmune. It also covers companies involved in testing, treatment research using antibodies, and organizations funding vaccine research like the Bill and Melinda Gates Foundation. The document outlines various stages of clinical trials and preclinical research underway for potential COVID-19 vaccines.
Please highlight the ideas related to the performance measures fro.pdfalliedelectronics
Please highlight the ideas related to the performance measures from all the case study.
Please
SAGE Sage Business Cas (C) 2015 Graduate School of Business Administration, University of
the Abstract In late 2013, Nando's, a global chicken restaurant chain, marked the successful
implementation of a project for ethical sourcing of African bird's eye chillies (ABE) - the
signature ingredient of the brand. The initiative had set Nando's on the road to securing its annual
requirement of ABE from traceable sources, while improving the lives of participating small-
scale farmers in Mozambique and Zimbabwe. However, Jed Goldstein, programme manager of
the initiative, wondered whether Nando's could sustain ethical sourcing of ABE in a context
where procurement of other goods and services continued unchanged. Case In late 2013,
Nando's, a global chicken restaurant chain, marked the successful implementation of a proje for
ethical sourcing of African bird's eye chillies (ABE) - the signature ingredient of the brand. The
initiati had set Nando's on the road to securing its annual requirement of ABE from traceable
sources, while proving the lives of participating small-scale farmers in Mozambique and
Zimbabwe. However, Jed Goldste programme manager of the initiative, wondered whether
Nando's could sustain ethical sourcing of ABE context where procurement of other goods and
services continued unchanged. Background on Nando's The origins of Nando's traced back to a
1987 visit by friends Robert Brozin and Fernando Duarte to a sm caf called Chickenland, located
in Rosettenville, Johannesburg Over the preceding years, this sou ern suburb of the city had
become home to immigrants from Portugal and the former Portuguese colony Mozambique. 2
The caf served a dish developed by settlers in Mozambique: chicken marinated in a sau
containing ABE chillies - the sauce was called peri-peri sauce - and then grilled (see Exhibit 1).
and Duarte were so impressed by Chickenland's version of this dish that they subsequently
bought the out for about R80 000, renaming it "Nando's" after Duarte. 44 Local and international
expansion followed, with the business establishing its first overseas outlet in Portug in 1989. 5
By 2013, Nando's had about 1000 branches in South Africa and about 700 abroad in countri
spanning Africa, Europe, Australasia, the Middle East and North America. Globally, Nando's
employed sor Page 2 of 29 Nando's Chilli Sourcing: Innovation for Social Imp. SageBusines
nandos-chilli-sourci... 2015 Graduate School of Business Administration, University of the 102%
23000 staff in 2013. South Africa, the United Kingdom (UK) and Australia were the leading
marko. do's, which was headquartered in Lorentzville, southern Johannesburg. - The company
formed part of the "fast casual" segment of the food chain sector: more upmarket than a simple
takeaway, but less exclusive than conventional restaurants. Fast casual chains offered food that
was somewhat healthier than the proce.
Food safety white paper sept 2015 finalGraeme Cross
Aon's recently published paper which focuses on the topic of food safety. It provides an overview of a supplies view and some guidance on best practice
SGS, the world's leading inspection, verification, testing and certification company, chronicles its early beginnings. This brochure accounts for SGS' leadership and innovation since 1878.
This document provides a summary of articles from the January-February 2016 issue of Meat Packing Journal. The main articles discussed include:
- Approval of genetically engineered Atlantic salmon for human consumption by US officials, which could lead to more GMO animals like cows, pigs, and poultry.
- A profile of AquaBounty, the company that developed the GMO salmon, and the process they used to engineer faster growing salmon.
- Debate around whether GMO meat and seafood will be widely accepted or rejected by consumers.
- An overview of upcoming articles in future issues, including pieces on developments in red meat processing, Latin America, and highlights from the IPPE conference.
This document provides an overview and update of COVID-19 vaccine development by various companies. It discusses key players like CanSino, Novavax, CureVac, and Vaxart that are developing vaccines using different technologies. Government organizations and partnerships are funding many of these efforts through grants, investments, and collaborative projects. The document also mentions testing efforts and treatments being explored while covering political leadership responses in countries like Canada and the US.
Some small businesses are flourishing during the covid 19 pandemic - marketplaceMiki Agrawal
While many businesses have struggled during the COVID-19 pandemic, some small businesses have unexpectedly flourished. Cleaning product company Cleancult and bidet company Tushy have seen major increases in sales as people stock up. Video conferencing platforms like Zoom have also grown rapidly. However, many businesses face challenges in keeping up with demand due to supply chain issues. Some owners feel conflicted about profiting during a crisis but are also glad to help customers and keep workers employed.
The world faced unprecedented challenges when it came to COVID19 viruses. The world is still working through COVID19 including testing, vaccines, reopening of the economy, and contact tracing
The document provides an overview of the global efforts to develop vaccines and tests for COVID-19. It discusses several pharmaceutical companies and research organizations working on vaccine development, including CanSino, Novavax, CureVac, and Altimmune. It also covers companies involved in testing, such as Quest Diagnostics, and notes the high estimated costs of testing for consumers and healthcare systems. Potential treatments discussed include research into antibodies and genome sequencing.
2014 10 22 FT Report The Connected Business Page 1Patrick Lemoine
Supply chains are becoming more complex as customer expectations increase and companies rely more on suppliers for innovation. Technology is helping companies meet these challenges. Warehouse automation software has increased productivity at Kellogg by 40%. Cloud technologies and data analytics allow real-time collaboration and more accurate demand forecasting. 3D printing could disrupt supply chains by allowing on-demand printing of parts instead of shipping. This would eliminate transport costs and make very small batches economically viable.
Venoco has proposed ending its offshore oil and gas production in Santa Barbara County 15 years early if regulators approve adjusting the lease line of its South Ellwood Field. This would allow Venoco to more efficiently extract the remaining oil without needing to extend the life of its offshore wells. The proposal is expected to launch a contested debate over the future of Venoco's local operations among regulators and environmental groups. The Trade Desk, a Ventura-based digital marketing firm, had a very successful initial public offering, with its stock price jumping over 60% on the first day of trading to value the company at over $1 billion. This ranks it among the largest publicly traded companies in the tri-county area and provides capital for the company
This summary provides the key details from the document in 3 sentences:
The document discusses how a crab fishing closure along the Central Coast of California is negatively impacting local fishermen due to detections of domoic acid, a toxin that can be dangerous if consumed. The closure indefinitely halts Dungeness and rock crab fishing between Oregon and southern Santa Barbara County. Local fishermen are calling for more testing of crab meat which has not shown contamination, as the closure is costing them thousands of dollars per week in lost business during their busy season.
This document provides guidance on sizing, selecting, and installing pressure-relieving devices in refineries. It discusses various types of pressure relief devices including pressure relief valves, rupture disk devices, pin-actuated devices, and other types. It also outlines procedures for sizing pressure relief devices, determining relief requirements, effective area and discharge coefficients, and considering back pressure effects. The document is intended to supplement ASME boiler and pressure vessel codes and provide best practices for ensuring safety.
Monthly recap of recall and product safety news reported by various US government agencies. The publication also provides an update on the product recall and contamination insurance marketplace, including new markets and capacity, significant recall events, and legislative changes affecting the consumer products industry.
Welcome to the December Edition of Crisis Management’s RecallRegister, Aon’s monthly recall
and product safety newsletter. This publication provides a review of the month’s recalls as
reported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug
Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic
Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition
to recall announcements, RecallRegister provides an update on the product recall and
contamination insurance marketplace and environment. Each month, we highlight issues of
importance including new markets and capacity, significant recall events and changes in
legislation affecting the consumer products industry.
Welcome to the November Edition of Crisis Management’s RecallRegister, Aon’s monthly recall and product safety newsletter. This publication provides a review of the month’s recalls as reported by the U.S. Consumer Product Safety Commission (CPSC), the U.S Food and Drug Administration (FDA), the U.S. Department of Agriculture (USDA), National Highway Traffic Safety Administration (NHTSA) and the Canadian Food Inspection Agency (CFIA). In addition
to recall announcements, RecallRegister provides an update on the product recall and
contamination insurance marketplace and environment. Each month, we highlight issues of
importance including new markets and capacity, significant recall events and changes in legislation affecting the consumer products industry.
What are you feeding me? Blockchain, trust & the future of foodEric Weaver
Arsenic in your rice. Donkey meat in your ground beef. Salmonella in your child's shampoo. Sugar water in your grandmother's insulin shot. Incidents of counterfeit products, contamination, and outright fraud are mushrooming in the food, beauty and pharma sectors — and consumer trust has plummeted to historic lows. But what if your products could talk? Tell you where they came from, and where they've been? If they were real - or if they'd spoiled? Former Xerox VP Eric Weaver discusses the growing risks around these very personal products and how distributed ledger tech is allowing brands to demonstrate proof of origin, chain of custody, and marketing claims. Attendees will walk away with a deeper understanding of how integrating IoT and blockchain technologies with on-the-ground certification is transforming the packaged goods sector.
This document discusses lessons learned from an acetonitrile shortage in 2008. Acetonitrile is a common solvent that is a co-product of acrylonitrile production. In 2008, reduced demand for acrylonitrile from the automotive industry led manufacturers to cut production, reducing the available supply of acetonitrile. Additionally, the two main US production facilities for acetonitrile were both shut down due to weather events, creating a "perfect storm" shortage. Many companies were unaware of their reliance on these few production sources. This event highlighted the importance of mapping multi-tier supply chains and monitoring for disruptions.
Industry analysis g.o.l.d. (global oil leakage detectossuser337fce
The document discusses a new product called G.O.L.D. (Global Oil Leakage Detector) that aims to prevent oil spills by monitoring waters for leaks. It analyzes the product's strengths and opportunities, as well as threats from competitors. A key competitor is Pristine Sea, which uses clays to solidify oil spills. The document recommends marketing strategies for G.O.L.D. to establish itself and expand its online presence against competitors in the oil spill detection market.
- Many pharmaceutical companies and research institutions around the world are racing to develop a vaccine for COVID-19. Some of the leading candidates include vaccines in development by CanSino, Novavax, CureVac, and Moderna.
- Testing is also ramping up globally to identify cases and track the spread of the virus. Rapid at-home test kits that provide results within 10 minutes are in development.
- Treatments under investigation include convalescent plasma from recovered patients, as antibodies may provide some protection. However, research shows antibody levels start declining within 2-3 months.
- Many pharmaceutical companies and research institutions are racing to develop a COVID-19 vaccine. Key players discussed include CanSino, Novavax, CureVac, and Moderna.
- Testing is also a major focus. Rapid at-home testing kits that provide results within 10 minutes are in development. The global COVID testing market is expected to reach $44 billion in 2020.
- Potential treatment options discussed include convalescent plasma from recovered patients and further research on antibodies and the human genome to better understand risk factors and immunity. However, antibody levels appear to decrease significantly within 2-3 months.
The document provides an overview and update on the global race to develop vaccines and testing for COVID-19. It discusses several pharmaceutical companies and research organizations working on vaccine development, including CanSino, Novavax, CureVac, and Altimmune. It also covers companies involved in testing, treatment research using antibodies, and organizations funding vaccine research like the Bill and Melinda Gates Foundation. The document outlines various stages of clinical trials and preclinical research underway for potential COVID-19 vaccines.
Please highlight the ideas related to the performance measures fro.pdfalliedelectronics
Please highlight the ideas related to the performance measures from all the case study.
Please
SAGE Sage Business Cas (C) 2015 Graduate School of Business Administration, University of
the Abstract In late 2013, Nando's, a global chicken restaurant chain, marked the successful
implementation of a project for ethical sourcing of African bird's eye chillies (ABE) - the
signature ingredient of the brand. The initiative had set Nando's on the road to securing its annual
requirement of ABE from traceable sources, while improving the lives of participating small-
scale farmers in Mozambique and Zimbabwe. However, Jed Goldstein, programme manager of
the initiative, wondered whether Nando's could sustain ethical sourcing of ABE in a context
where procurement of other goods and services continued unchanged. Case In late 2013,
Nando's, a global chicken restaurant chain, marked the successful implementation of a proje for
ethical sourcing of African bird's eye chillies (ABE) - the signature ingredient of the brand. The
initiati had set Nando's on the road to securing its annual requirement of ABE from traceable
sources, while proving the lives of participating small-scale farmers in Mozambique and
Zimbabwe. However, Jed Goldste programme manager of the initiative, wondered whether
Nando's could sustain ethical sourcing of ABE context where procurement of other goods and
services continued unchanged. Background on Nando's The origins of Nando's traced back to a
1987 visit by friends Robert Brozin and Fernando Duarte to a sm caf called Chickenland, located
in Rosettenville, Johannesburg Over the preceding years, this sou ern suburb of the city had
become home to immigrants from Portugal and the former Portuguese colony Mozambique. 2
The caf served a dish developed by settlers in Mozambique: chicken marinated in a sau
containing ABE chillies - the sauce was called peri-peri sauce - and then grilled (see Exhibit 1).
and Duarte were so impressed by Chickenland's version of this dish that they subsequently
bought the out for about R80 000, renaming it "Nando's" after Duarte. 44 Local and international
expansion followed, with the business establishing its first overseas outlet in Portug in 1989. 5
By 2013, Nando's had about 1000 branches in South Africa and about 700 abroad in countri
spanning Africa, Europe, Australasia, the Middle East and North America. Globally, Nando's
employed sor Page 2 of 29 Nando's Chilli Sourcing: Innovation for Social Imp. SageBusines
nandos-chilli-sourci... 2015 Graduate School of Business Administration, University of the 102%
23000 staff in 2013. South Africa, the United Kingdom (UK) and Australia were the leading
marko. do's, which was headquartered in Lorentzville, southern Johannesburg. - The company
formed part of the "fast casual" segment of the food chain sector: more upmarket than a simple
takeaway, but less exclusive than conventional restaurants. Fast casual chains offered food that
was somewhat healthier than the proce.
Food safety white paper sept 2015 finalGraeme Cross
Aon's recently published paper which focuses on the topic of food safety. It provides an overview of a supplies view and some guidance on best practice
SGS, the world's leading inspection, verification, testing and certification company, chronicles its early beginnings. This brochure accounts for SGS' leadership and innovation since 1878.
This document provides a summary of articles from the January-February 2016 issue of Meat Packing Journal. The main articles discussed include:
- Approval of genetically engineered Atlantic salmon for human consumption by US officials, which could lead to more GMO animals like cows, pigs, and poultry.
- A profile of AquaBounty, the company that developed the GMO salmon, and the process they used to engineer faster growing salmon.
- Debate around whether GMO meat and seafood will be widely accepted or rejected by consumers.
- An overview of upcoming articles in future issues, including pieces on developments in red meat processing, Latin America, and highlights from the IPPE conference.
This document provides an overview and update of COVID-19 vaccine development by various companies. It discusses key players like CanSino, Novavax, CureVac, and Vaxart that are developing vaccines using different technologies. Government organizations and partnerships are funding many of these efforts through grants, investments, and collaborative projects. The document also mentions testing efforts and treatments being explored while covering political leadership responses in countries like Canada and the US.
Some small businesses are flourishing during the covid 19 pandemic - marketplaceMiki Agrawal
While many businesses have struggled during the COVID-19 pandemic, some small businesses have unexpectedly flourished. Cleaning product company Cleancult and bidet company Tushy have seen major increases in sales as people stock up. Video conferencing platforms like Zoom have also grown rapidly. However, many businesses face challenges in keeping up with demand due to supply chain issues. Some owners feel conflicted about profiting during a crisis but are also glad to help customers and keep workers employed.
The world faced unprecedented challenges when it came to COVID19 viruses. The world is still working through COVID19 including testing, vaccines, reopening of the economy, and contact tracing
The document provides an overview of the global efforts to develop vaccines and tests for COVID-19. It discusses several pharmaceutical companies and research organizations working on vaccine development, including CanSino, Novavax, CureVac, and Altimmune. It also covers companies involved in testing, such as Quest Diagnostics, and notes the high estimated costs of testing for consumers and healthcare systems. Potential treatments discussed include research into antibodies and genome sequencing.
2014 10 22 FT Report The Connected Business Page 1Patrick Lemoine
Supply chains are becoming more complex as customer expectations increase and companies rely more on suppliers for innovation. Technology is helping companies meet these challenges. Warehouse automation software has increased productivity at Kellogg by 40%. Cloud technologies and data analytics allow real-time collaboration and more accurate demand forecasting. 3D printing could disrupt supply chains by allowing on-demand printing of parts instead of shipping. This would eliminate transport costs and make very small batches economically viable.
Venoco has proposed ending its offshore oil and gas production in Santa Barbara County 15 years early if regulators approve adjusting the lease line of its South Ellwood Field. This would allow Venoco to more efficiently extract the remaining oil without needing to extend the life of its offshore wells. The proposal is expected to launch a contested debate over the future of Venoco's local operations among regulators and environmental groups. The Trade Desk, a Ventura-based digital marketing firm, had a very successful initial public offering, with its stock price jumping over 60% on the first day of trading to value the company at over $1 billion. This ranks it among the largest publicly traded companies in the tri-county area and provides capital for the company
This summary provides the key details from the document in 3 sentences:
The document discusses how a crab fishing closure along the Central Coast of California is negatively impacting local fishermen due to detections of domoic acid, a toxin that can be dangerous if consumed. The closure indefinitely halts Dungeness and rock crab fishing between Oregon and southern Santa Barbara County. Local fishermen are calling for more testing of crab meat which has not shown contamination, as the closure is costing them thousands of dollars per week in lost business during their busy season.
The document summarizes:
1) Federal officials said that Santa Barbara County was not well equipped to handle a disaster like the Refugio oil spill in 2015, but authorities have since increased regional response resources.
2) The U.S. Coast Guard said Santa Barbara County was not a high priority previously, but they have now added new staff in Santa Barbara following the spill.
3) Governor Brown signed new bills to strengthen oil spill response and prevention in the region, and Plains All American Pipeline has indefinitely shut down the faulty pipeline involved in the 2015 spill.
Tri-County jurisdictions are banning commercial marijuana cultivation and delivery, which will significantly impact the local marijuana industry. Dispensaries and delivery services may be forced to source from outside their areas or shut down, hurting the local economy and leaving patients without medicine. Santa Barbara County recently banned new commercial grows but will still allow existing lawful delivery services. Other cities and counties have also rushed to pass controlling ordinances by a March 1 deadline to shape how medical marijuana is sold, grown and transported in the region. The future of these ordinances is uncertain as state legislation may override local controls and extend the deadline.
This article summarizes disputes over short-term home rentals in three California cities - Santa Barbara, Ventura, and San Luis Obispo. As services like Airbnb become increasingly popular, they have transformed tourism but also caused problems for neighbors and reduced housing availability. The cities have struggled to regulate the industry and collect taxes. Santa Barbara is drafting new regulations after learning from the approaches taken in Ventura and San Luis Obispo. The debate pits homeowners seeking extra income against residents concerned about noise and neighborhood changes.
16.42 CSVR Renewable Energy 12-18-2016Philip Joens
The document discusses three recent lawsuits filed against Sientra alleging the breast implant maker failed to disclose regulatory inquiries before its secondary public offering on September 23rd. Specifically, a lawsuit was filed on behalf of the retirement plan for 2,600 retired police officers who lost money after Sientra's stock price collapsed following the offering. Similar lawsuits were also filed in late October and November. Sientra's attorneys were able to successfully move the complaints to federal court in Northern California in early December and have the cases combined. The lawsuits aim to determine if Sientra and its underwriters made false or misleading claims about its manufacturing processes leading up to the secondary offering.
Sientra, a breast implant manufacturer, promoted two executives and awarded them bonuses despite regulatory issues with their products. Charlie Huiner was promoted to COO and received a pay raise to $325,000, while Matthew Pigeon received a ceremonial promotion to senior VP and $50,000 bonus. The promotions occurred after Sientra voluntarily stopped sales in response to European regulators suspending sales of their Brazilian manufacturer's implants in September. The timing of the executive compensation has drawn scrutiny.
The report recommends approving the proposed 262-megawatt peaker power plant in Oxnard. The nearly 1,200-page California Energy Commission report found that the plant would operate as intended and that environmental impacts could be mitigated if regulations are followed. The report also refuted claims that the site would flood from tsunamis or sea level rise. The Energy Commission held public meetings to explain the findings and status of the proposed plant. The commission recommends approving the plant if certain conditions are met to ensure public safety and compliance with engineering standards.
This document summarizes the potential impacts of tax measures and recent legislation on the medical marijuana industry in Santa Barbara, Ventura and San Luis Obispo counties. Several cities have banned cannabis cultivation, while Santa Barbara decided to allow up to 3 plants per household. The passage of new state regulations in 2015 required local governments to create cannabis ordinances by March 2016. Tax measures on the November ballot could reshape the medical marijuana market in the region.
17.13 NEXT Energy Tech Section 6-3-2016Philip Joens
Next Energy Technologies is developing translucent solar panels that can be integrated into skyscraper windows, generating electricity. If successful, this technology could significantly increase the adoption of renewable energy. The company's windows use organic semiconductors and translucent conductive inks to convert light into electricity while maintaining transparency. Several UCSB professors, including Nobel Prize winners Alan Heeger and Shuji Nakamura, have contributed important research in the technologies enabling Next Energy's solar windows. The company hopes to soon begin mass production in a factory to bring the windows to market within two years.
Amgen has donated $54 million to oppose Proposition 61 in California, which would limit drug prices for public programs. A Business Times analysis found Amgen also donated over $190,000 to members of congressional committees that have questioned drug executives about rising costs. If approved, Prop 61 would require California to pay no more for prescription drugs than what the federal VA pays. Supporters say it would reduce prices, while opponents argue it could increase costs for Californians. Amgen is the fourth largest donor against Prop 61 and has also lobbied Congress against drug price regulations.
1. Nov. 20-26, 2015 Proudly serving Santa Barbara, Ventura and San Luis Obispo counties Vol. 16, No. 38
By Philip Joens
Staff Writer
Sientra,theGoleta-basedcompanythatde-
velopedabreakthroughtechnologyforbreast
implants,isinthefightofitsshortlifeasapub-
lic company.
Mysterious particles that appeared in the
sole factory it uses and the company’s failure
tosatisfyEuropeanregulatorsthatitsproducts
were safe set off a chain of events that led to
thecollapseofthecompany’sstockpriceanda
house-cleaning in the C-Suite.
ThefactoryinBrazilsufferedseveredamage
fromafireandthecompanynowfaceslitigation
overwhatitdidanddidnottodisclosetoshare-
holderswhenitsoldnewsharestothepublicon
Sept. 23 at $22. Shares closed at $2.99 on Nov.
18.
WhatSientrahasn’tdisclosedinanyregula-
toryfilings,however,isthatproblemswithpar-
ticlesatitsfactorystartedasearlyasthespring
of 2014.
Over the past two months, the Business
Times interviewed dozens of sources and
combedthroughhundredsofpagesofregula-
tory documents and news releases issued by
Sientra and other parties.
It’s clear Sientra was losing money before it
went public in October 2014, and needed new
sources of capital. A second public offering in
Septemberwouldhaveallowedittopaydown
debt and secure its future.
Butlawfirmsaroundthecountryallegethat
inthemonthspriortotheofferingtwomonths
ago, Sientra purposely hid information about
particle contamination and investigations by
American and European regulators.
Now,thequestionsthathangoverthecom-
pany are these: What did Sientra executives
knowabouttheproblemswiththefactoryinRio
deJaneiro?Didtheymakeadequatedisclosures
about the problems?
Sientra’sregulatorytroublesappeartohave
started in the spring of last year. In April 2014,
the Food and Drug Administration conducted
Sientracollapsedoomedexecs
During the past five years, Dig-
nity Health has made methodical
moves to bolster the healthcare sys-
tem in North Santa Barbara and San
Luis Obispo counties.
That strategy has paid off in im-
provedpatientcareandbetterfacili-
ties. Now health care is emerging as
an industry that attracts talent and
capital. It’s an industry that has gone
from a liability to a long-term asset
for attracting business to the region.
For Alan Iftiniuk, CEO of French
Hospital Medical Center in SLO, a
bigpieceofthehealthcarepuzzlefell
into place on Nov. 17 when around
250 business and civic leaders gathered
to unveil the three-story Copeland Health
Education Pavilion, a research and commu-
nitycenterthatwasfundedwithsubstantial
gifts from the Copeland Family.
The normally low-key Copelands, who
Plains ordered
to purge oil
from Line 903
By Alex Kacik
Staff Writer
Regulators have ordered Plains All Amer-
ican Pipeline to empty Line 903, which has
held corrosive crude oil since late May.
The U.S. Department of Transportation’s
Pipeline and Hazardous Materials and Safe-
ty Administration issued an order Nov. 13
requiringthatPlainspurgeits130-milepipe-
line that runs from Gaviota to Kern County.
Plains is responsible for the Refugio oil
spill that fouled the Gaviota coast when an
estimated 143,000 gallons of crude leaked
from Line 901 on May 19.
Freeport McMoRan, which relies on Line
903 to transport most of its oil, told PHMSA
that the rust inhibitor in its oil that currently
sits in the pipeline started wearing off in No-
vember. Neither PHMSA, Plains nor Free-
port specified why the line was not cleaned
DignityHealthinvestmentinCentralCoastpayingoff
see SIENTRA on page 19A
see PIPELINE on page 18A
see DUBROFF on page 17A
henry
dubroff
Editor
$1.50
Port of Hueneme plans
world trade center
See page 3A
East Ventura Co.
Companies preparing for
Small Business Saturday
See page 7A
THE INDEX
THE LIST: Municipalities. . . . . . . . 14A
Commentary. . . . . . . . . . . . . . 16A
Leads. . . . . . . . . . . . . . . . . . . . . . 12A
Newsmakers. . . . . . . . . . . . . . . . 5A
REAL ESTATE . . . . . . . . . 4A
Regulating short-term rentals
WINE. . . . . . . . . . . . . . . . . 6A
‘Tis the season to buy gifts
stay
connectedwith your local business community.
Follow the Business Times on Facebook, Twitter, Instagram and Linkedin for breaking
news updates and information on what’s happening in the tri-county business community.
2. 18A Pacific Coast Business Times Nov. 20-26, 2015 Nov. 20-26, 2015 Pacific Coast Business Times 19A
Sientra executives celebrate being listed on the Nasdaq after an IPO in October 2014.
COURTESYPHOTO
SIENTRA
Continued from page 1A
Probes, plant fire, punishing stock collapse
• April 2014
FDAinvestigatesreportsofmicroscopicparticlesonSientragelbreastimplants.
Sientra’sinternalprobeandindependenttestlabresultsrevealnoparticulate
contaminationinitsproducts.FDAconcludesnoimmediateactionneeded.
• April 2015
GermangovernmenthiresGermancompanyTUEVSUEDtoconductasurprise
investigationofSilimed’sfactoryinRiodeJaneiro.Sientraimplantsamples
showed silica and cotton particle contamination.
• July 2015
More Silimed factory samples taken by TUEV SUED show contamination.
• Sept. 17, 2015
TUEVSUEDsuspendsthreequalitymanagementcertificatesforSilimed.Silimed
acknowledgesEuropeaninvestigationbutsaysitsproductsaresafe.Silimed
voluntarily suspends sales of products in all of Europe.
• Sept. 18, 2015
Sientrafilesprospectussummaryforupcomingfollow-onpublicofferingbutdoes
not disclose knowledge of contamination investigations.
• Sept. 23, 2015
Sientraholdsfollow-onpublicoffering.Sharescloseat$20.58.UnitedKingdom
MedicinesandHealthcareProductsRegulatoryAgencysuspendssalesofSilimed
products in the UK. FDA leaves Sientra products on the market.
• Sept. 24, 2015
Sientrasharesplummetto$9.70.SientrafounderandCEOHaniZeinisendsaletter
to plastic surgeons reassuring them Sientra products are safe.
• Sept. 25, 2015
InvestorssueSientra,filingalawsuitseekingclass-actionstatusinfederalcourt.
• Oct. 9, 2015
Sientra voluntarily suspends sales of all products in America.
• Oct. 22, 2015
AfireatSilimed’sfactoryinRiodeJaneiroburnsdownthebuildingwhereSientra
implants are made.
• Oct. 28, 2015
Zeiniholdsaconferencecalltoupdateinvestors.Zeinisaysproductioncould
possibly resume at a smaller Silimed building.
• Nov. 12, 2015
Zeini,ChairmanNicholasSimonandGeneralCounsel,ChiefComplianceOfficer
andCorporateSecretaryJoelSmithallresign.ZeiniisreplacedasCEObyindustry
veteran Jeffrey Nugent. Sientra shares close at $3.88.
an investigation into reports that Sientra
breast implants were contaminated by mi-
croscopic particles of silica and cotton. Dur-
ing the investigation, the FDA reviewed a
report completed by Sientra and found no
particulatematteronSientrabreastimplants.
“The FDA looked at available internal
dataonSientraimplantsandfoundnochange
inadverseeventratesoreventsthatspecified
thepresenceofparticulatesonimplants,”the
FDAtoldtheBusinessTimesinastatement.
FAILURE TO DISCLOSE
Sientra,aprivatecompanyatthetime,did
not disclose the FDA review. According to
plastic surgeons, news of the FDA’s 2014 re-
viewwaswellknownthroughouttheplastic
surgery industry.
However, Sientra, whose shares started
trading on the Nasdaq market 13 months
ago, was not out of the woods.
In April 2015, the German Ministry of
Health gave inspection firm TUEV SUED
the authority to conduct a surprise inspec-
tionatthefactoryofSientra’smanufacturer,
Silimed, in Rio de Janeiro. Inspectors found
particulates of silica and cotton on breast,
calf, pectoral and other implants in the fac-
tory. More samples were taken in July and
they were also contaminated.
“The manufacturer was unable to ad-
equately clarify the origin of this contami-
nationanditsimpactsonproductsafety,”a
spokesman for TUEV SUED said. “In par-
ticular,thecompanyhastodatebeenunable
toimplementeffectiveandadequatecorrec-
tive actions within the scope of its quality
management system.”
While medical device regulatory bodies
fromacrosstheglobeworkwitheachother,
thereisnosetstandardforacceptablelevels
of particles on devices.
“Manufacturers are required to have ro-
bustqualitymanagementsystemsthatassure
the quality of their products,” the FDA said.
“There are standards for breast implants;
however,thesedonotincludelimitsforpar-
ticles.”
Doug MacKenzie, a surgeon at Santa
Barbara’s Pacific Plastic Surgery, told the
Business Times in October that European
regulatorsmaybemoresensitivetoproduct
recalls.
In 2012, British newspaper The Guard-
ianreportedtheUnitedKingdomMedicines
andHealthcareProductsRegulatoryAgency
didnottakeactionin2006whentheagency
found metal on metal hip implants could
cause cancer.
“Because of that, I think the Europeans
and the German inspectors may be a little
gun shy,” MacKenzie said.
The next critical date came on Sept. 17
when TUEV SUED suspended three qual-
ity management certificates, known as CE-
Marks, at Silimed’s factory.
Silimed acknowledged the European
investigation in a Sept. 17 news release by
sayingitvoluntarilypulleditsproductsfrom
the European market. Silimed said particles
werefoundonitsimplants,butsaidparticles
were normal on breast implants.
“Thepresenceofparticlesdoesnotmean
theproductiscontaminated,”Silimedsaidat
the time.
UK regulators found out on Sept. 18. A
spokesman for the agency said that once a
CE-Mark is suspended, it’s only a matter of
timebeforeaproductispulledfromtheEu-
ropean market.
On Sept. 18, Sientra also issued a pro-
spectus summary for a follow-on public of-
feringplannedforSept.23.Theofferingdid
notdiscloseeitherinvestigationbytheFDA
or European regulators. Sientra declined to
comment for this story.
SECOND PUBLIC OFFERING
Five critical days later, on Sept. 23, UK
regulatorsannouncedsalesofSilimedprod-
ucts were suspended in Europe. The same
day Sientra held its second public offering.
Shares started trading at $22 but closed at
$20.58.
The bottom fell out from Sientra’s stock
the next day in reaction to the suspension.
Sincethenshareshavecontinuedtoplunge,
losing86percentoftheirsecondarystockof-
fering value.
A source at a Los Angeles area invest-
mentfirmwhodeclinedtobeidentifiedsaid
thefirmonlyboughtintoSientraduringthe
second stock offering.
“Wehadneverthoughtofthepotentialfor
themtoknowabouttheregulators,thenan-
nouncingthefollow-onofferingafterward,”
saidthesource.“Thetimingiscertainlysus-
picious.”
Sientra’s own financial statements show
that on June 30, 2014 Sientra had just $21.6
million in cash on hand. But Sientra netted
about $77 million in the IPO on Oct. 29,
2014 and by the summer of 2015, Sientra
narrowed its losses.
Sientra lost just $5.81 million in 2014.
Operatingexpensesalsodecreasedslightly
to $39 million in 2014. With $89.66 million
incashand$93.43millioninworkingcapital
onJune30,2015,Sientraappearedtobeon
solid financial ground.
Sientraplannedtousetheproceedsfrom
its secondary offering in September for
working capital, to invest in new technolo-
gies, or repay some of its $25.7 million in
debt. Regulatory filings before both offer-
ings,quarterly,andannualreportssaySien-
tra places a heavy reliance on Silimed.
“Our manufacturer may not currently
beormaynotcontinuetobeincompliance
withallapplicableregulatoryrequirements,
which could result in our failure to produce
ourproductsonatimelybasisandinthere-
quired quantities, if at all,” a filing from Oct.
20, 2014 said.
Sientra pocketed $61.4 million in its sec-
ondary offering, and some of that money
may go to pay legal fees or settlements.
SHAREHOLDERS SUE
A class-action lawsuit filed on Sept. 25
in federal court in Los Angeles demands
thatshareholderswhopurchasedstocksbe-
tween March 18, 2015 and Sept. 24, 2015 be
compensatedfordamagescausedbySientra
withholding that information.
“Had Plaintiff and the other members
of the Class known the truth, they would
nothavepurchasedorotherwiseacquired”
Sientrashares,thecomplaintsaid.Claimants
have until Nov. 24 to sign on.
Sientra’s problems went from bad to
worse.
On Oct. 22, a fire badly damaged the
building where Silimed was producing im-
plants for Sientra.
Sientra CEO Hani Zeini and Chairman
NicholasSimonresignedwhenthecompany
cleaned house on Nov. 12. Zeini and Simon
will still serve on the board of directors.
Joel Smith, Sientra’s chief legal counsel
and chief compliance officer, resigned as
well. A Sientra news release on Nov. 12 did
not elaborate.
Jeffrey Nugent — a former executive at
Biolase, Precision Dermatology, Revlon and
Neutrogena — will be tasked with turning
around the company.
Sientra’s contract with Silimed runs
through April of 2017. Zeini said previously
thatalloptionsareonthetableatthispoint
and Sientra could potentially switch manu-
facturers.
During Sientra’s third quarter earnings
call Nov. 16, an analyst asked Nugent if that
wasstillthecase.Nugentrespondedthatthe
company was focused on fixing current is-
sues adding that “any considerations in this
area would challenge our focus.”
St. Louis brokerage Stifel said in a report
on Oct. 9 that it would stop covering the
company. “Anyfundamentalresearchinthe
near-termisovershadowedbytheongoing
regulatory events in Europe and Brazil (and
possibly the FDA), eliminating all visibility,”
the report said.
MANAGEMENT BREAKDOWN
PaulLeonardi,aprofessorintheUCSan-
ta Barbara Technology Management Pro-
gram,saidglobalsupplynetworksoffercost
savingsandtheabilitytosharetechnologies.
Because Sientra is a relatively small compa-
ny, and Silimed is very large, Leonardi also
saidSientramaynothavehadenoughlever-
ageoverSilimedtoforceSilimedintotaking
corrective actions.
“As you distribute more parts globally,
then the possibility for coordination failure
grows exponentially,” Leonardi said.
Gerhard Apfelthaler, dean of Cal Luther-
an’s School of Management, said cultural
andlanguagedifferencescouldhaveplayed
alargeroleinthebreakdownofcommunica-
tions between the two companies.
“Itstartswiththelanguagebarrierseven
if the words are the same they often don’t
meanthesamethingindifferentlanguages.”
Apfelthalersaid.“Somaybesomesubtleties
get lost in translation.”
PORT
Continued from page 3A
HAGGEN
Continued from page 3A
PIPELINE
Continued from page 1A
This Haggen store in Santa Barbara received bids in a bankruptcy auction.
ALEXKACIKFILEPHOTO
with the goal of reaching out to local
businessleaderssometimenextyear.The
goalistofocusononeindustryforabout
a year and then start researching a new
regional industry after that.
Apfelthaler said agriculture is going
to be the first industry the world trade
centerfocusesonandtechnologyshould
be the second.
Things keep progressing at the port.
On Nov. 4, the port received a
$12.3 million grant to deepen the port,
enlargecargobaysforshipsandimprove
dock and rail infrastructure at the port.
“This grant we received is tremen-
dous,” said Port of Hueneme President
Jess Herrera at a Nov. 12 breakfast meet-
ing held by the Oxnard Chamber of
Commerce. “There’s a lot of things we’re
going to be able to do with it that are go-
ing to allow us to create new jobs, new
facilities and it’s a very exciting time for
us.
Herrera also said the port benefitted
from recent closures at the Ports of Los
Angeles and Long Beach.
Closures at the ports snarled traffic
of cargo ships and left dozens sitting for
days as they waited to be unloaded. Her-
rera said some traffic from Los Angeles
and Long Beach was diverted to Port
Hueneme.
“Luckily, in our case, the Port of Hue-
neme handled a lot of cargo that was
diverted from the ports of LA/Long
Beach,” Herrera said. “We were working
around the clock to accommodate some
of that cargo, and our labor did a great
job. They stepped up to it.”
Some of those businesses are still cus-
tomers of the Port of Hueneme, he said.
Herrera also responded to the con-
cerns of a local businessman who said
theongoinglabor-relatedclosuresatthe
Los Angeles and Long Beach ports hurt
his business.
“We can’t do anything about it,” Her-
rera said. “Because that’s a labor and
management issue that comes up.”
Herrera noted that the Port of Hue-
neme receives more bananas than any
other good — importing 655,000 tons of
bananas last year. Fresh fruit producer
Del Monte even has a banana handling
facility at the port.
“It’senoughbananastogoaroundthe
world 12 and one-half times,” Herrera
said.
Automobiles are the port’s biggest
revenuesource.Theportsetanewrecord
byimportingandexporting321,000cars
last year.
Herrera said the port imports and ex-
ports about 880 cars per day, 6,157 cars
per week and 24,631 cars per month.
The port even exported its one millionth
Honda in 2012.
“We only have like 8,000 parking
spaces on the port, so it’s an amazing
juggling act to keep these cars coming
and going,” Herrera said. “The wonder-
ful thing about automobiles is they’re
very good for revenue and they’re also
labor intensive and they provide many,
many jobs.”
Haggen for allegedly not paying for inven-
tory. A former Carpinteria employee is also
suing the company for wrongful termina-
tionwhileaclass-actioncomplainthasbeen
filedonbehalfofdevelopmentallydisabled
workers the company laid off.
Grocery suppliers hold most of Hag-
gen’s unsecured debts, according to court
documents. Haggen, a majority of which
is owned by Florida-based investment firm
Comvest Partners, had a monthly payroll
cost of $26.4 million. It owes its 10,880
workers more than $11 million in unpaid
salaries, accrued wages and overtime pay.
“The only way you could fail at this level
is if you’re trying to do it on purpose,” Liv-
ingston said.
Haggen never gained traction. Many
shelves remained bare for weeks at a time
when it didn’t pay its distributors. Its food
wasmarkedupabout20percentanditdidn’t
offer anything unique, Livingston said.
“The last thing Albertsons wanted to do
is sell (stores) to a formidable competitor,”
he previously told the Business Times.
Albertsons looks to take over stores
at 1500 N. H Street in Lompoc and 163
S. Turnpike Road in Santa Barbara with
$300,000 and $1.6 million bids, respec-
tively. Sprouts successfully bid $1 million
for the 175 N. Fairview Ave. location in Go-
leta and $1 million for a Simi Valley store at
2800 Cochran St.
Albertsonsoperatesaround2,200stores
in more than 33 states while Sprouts has
200-plus stores across 13 states.
Commerce-based Super A, which runs
eightlocationsthroughoutSouthernCalifor-
nia, bid $500,000 for 2400 Las Posas Road
in Camarillo. Stater Brothers, which has 168
storesmostlythroughoutSouthernCalifor-
nia, bid $1.2 million for 660 E. Los Angeles
Ave. in Simi Valley. Roxy’s Market, which
operatestwosmallerstoresinColoradoand
Montana, bid for 2010 Cliff Drive in Santa
Barbara.Butthelandlordwasn’tinterested.
“Lazy Acres already fills that all-natural
niche,” Lawler said. “What people need
there is more conventional food, which is
(about 70 percent of) what we do.”
Haggen planned to hold on to 32 of its
146acquiredstores,butthecompanysaidit
alsoplanstoauctionthoseoffinaseparate
Januaryauction.Haggencouldendupwith
just five locations.
As for Lawler and his wife Roxy, they
have always been attracted to the region.
Lawler grew up in San Francisco but this
was his first business venture in Santa Bar-
bara. He is uncertain whether Roxy’s will
look for another location in the area.
“We’velookedatotheropportunitiesbut
haven’tbeenabletoconnectonanything,”
hesaid.“Thelandlordswereprobablylook-
ingforabiggerhitterbutagrocerofmysize
is putting their neck on the line.”
out earlier.
“This unprocessed crude may contain
water, natural gas and other impurities
thatcontributetointernalcorrosion,”the
order reads. “According to Freeport (Mc-
MoRan), the biocide and rust inhibitor in
this crude oil will begin to lose effective-
ness around November 2015, adding to
the risk of accelerated internal corrosion
on Line 903.”
Extensive corrosion is what may have
caused Line 901’s rupture on May 19,
according to PHMSA. Plains’ in-line in-
spection tool showed 45 percent metal
loss while a third-party estimated it was
closer to 80 percent.
“It does not appear that Plains has an
effective corrosion control program,” the
order reads.
Line 901 connects to Line 903, which
has also shown significant signs of dete-
rioration during internal inspections in
2013 and 2014, regulators say. An ex-
amination in April 2013 found that Line
903’s 38-mile segment between Gaviota
andSisquochad“99metallossanomalies
requiring investigation.”
“Based on our review of the in-line in-
spectiondata,wehavetofocusonrepairs
that need to be made on Line 903,” PHM-
SA Director of Public Affairs Artealia
Gilliard said.
PHMSA has the authority to impose
actionwhenthereisathreatofimminent
danger,butthatthreatwasn’tpresentuntil
now, Gilliard said.
“A PHMSA independent review of
Plains Pipeline’s in-line inspection sur-
veys discovered instances where the tool
miscalculatedthedegreeofcorrosionoc-
curring in specific portions of Lines 901
and 903,” the order reads.
Plains also withheld in-line inspection
data so “it could enhance its interpreta-
tion of the data,” the order reads.
Line 903 ceased operation on May 28,
except for a 15-mile section from Pent-
land to Emidio that is operating intermit-
tently at a reduced pressure. A February
2014analysisfoundthatsectionhad“two
girthweldanomaliesrequiringinvestiga-
tion.”
PHMSA recently proposed new rules
thataimtopreventfurtherinspectiondis-
crepancies, Gilliard said.
Public officials have called for more
vigilantpipelineregulation,requiringthe
use of new technology and improving oil
spill response. Gov. Jerry Brown signed
three bills that require the California Fire
Marshalltoreviewoilpipelineconditions
every year, not every five years as man-
dated by more lax federal regulations;
aim to make oil spill response faster and
more effective; and force intrastate pipe-
lines to use the best technology such as
automatic shutoff valves.
Line 903 will remain shut down after
itiscleanedout,independentlytestedand
filled with inert gas that aims to prevent
further degradation, according to the or-
der.
If Plains does not contest the order, it
has until Nov. 28 to submit a purge plan.
PHMSA’s investigation is ongoing.
Pipelineinvestigationstakeanaverageof
20 months, the administration said.
”This alarming pattern of corrosion
on both Lines 901 and 903 is unaccept-
able and PHMSA must ensure Plains
fully addresses the problems prior to any
considerationofarequesttorestarteither
of these pipelines,” Rep. Lois Capps, D-
Santa Barbara, wrote in a letter to Plains.
Plains replied to that letter by saying it
voluntarily took the portion of Line 903
from Gaviota to Pentland out of service.
Twooftheregion’sbiggestoilproduc-
ers,ExxonMobilandVenoco,havehalted
their entire production due to the pipe-
line shutdowns. They are stuck until they
come back online – estimates range from
18 months to five years.
If the pipelines do not restart over the
next three years, Santa Barbara County
could lose out on an estimated $74 mil-
lion, according to preliminary findings
by Mark Schniepp of the California Eco-
nomic Forecast.
Santa Barbara County officials said
they plan to file a claim with Plains for
lost property tax revenue. But it could
take years for the county to be made
whole.
“It is critical that (PHMSA) requires
Plainsthatbothoftheselinesremainshut
down until a full investigation is com-
plete, the corrosion issue is fully under-
stood, corrective actions are taken, and it
is demonstrated that both Lines 901 and
903 are safe to operate,” Capps wrote.