Reedley Packer To Close
Reedley based Ito Packing will close in July laying off near 200 people. So says a state WARN notice and confirmed by the company. The company will be sold but they have not told us who the buyer is “ says an ITO employee. ITO has always specialized in tree fruit but has had financial issues for the past few years.
Fast Track Likely To Pass
The HILL newspaper says a vote Friday in the House will likely give President Obama a victory on fast-track trade authority.The measure that would open markets is favored by California ag. The House GOP is expected to vote overwhelmingly for the bill along with some Democrats.
According to the news source “If the vote on Friday is successful, the trade bill would head to Obama’s desk, weeks before many thought possible. Fast-track powers would greatly enhance the president’s ability to conclude negotiations on a sweeping trade deal with Pacific Rim nations that is a key part of his economic and foreign policy agenda. They would prevent Congress from amending the trade deal, and stop the Senate from filibustering it.”
Giant Forest Gets 1.77 in of Rain/ Cuyama 2.5 in
Thunderstorms spawned by Hurricane Blanca continue to surprise with big numbers in a few spots around California including Cuyama Valley where residents saw a flash flood from some 2.5in of rain. In the Tulare County mountains Giant Forest got 1.77 inches.More storms in the central Sierra are expected today. Another storm is forming in the Baja region this week.
Gas Price Drop Approaches 30 Cents
California gas prices have been dropping in recent weeks,down nearly 30 cents from a high. The average price is $3.56 says Gas Buddy.