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Renewable fuel company Pacific Ethanol gets $9.9 million PPP loan after sales plummet
Sacramento-based renewable fuel company Pacific Ethanol Inc. received a $9.9 million loan under the federal government's Paycheck Protection Program to retain employees, after cutting production of fuel ethanol by 60% at the worst part of the pandem.....»»
How Auburn"s Flyers Energy is coping with a 50% decline in sales volume
Fuel distributor Flyers Energy LLC saw its gasoline sales drop 50% in volume, but it has kept its entire 450-person workforce employed, partially with a Paycheck Protection Program loan......»»
Pacific Ethanol shares plunge with oil market, reversal of Trump policy
Shares in Sacramento-based Pacific Ethanol Inc. sank even worse than the market indices Monday on a string of bad news for the ethanol industry. The past four days have seen reports of declining fuel use, falling crude oil prices and the reversal o.....»»
BlueLinx"s stock tumbles after company refutes announcement of tender offer from Bluefin Acquisitions
Shares of BlueLinx Holdings Inc. plunged 28% in premarket trading Friday, erasing a bulk of the previous session's gains, after the building and industrial products distributor said it was "not aware" of any tender offer th.....»»
Lithia Motors grows in California with Sacramento acquisitions
Lithia Motors, one of Oregon's fastest-growing public companies, is picking up two Lexus stores in northern California. The Medford-based company Wednesday announced its acquisition of the stores in Sacramento and nearby Roseville. "We are exci.....»»
Podcast: Health care consolidation, mergers and acquisitions
The Sacramento Business Journal's annual Health Care Leadership Forum highlights the issues, concerns and opportunities for change in the local health care industry. This live panel discussion includes four health care system leaders in the region. The e.....»»
Canadian Fuel Distributor Parkland Grows US Footprint And Fleet With Kellerstrass Acquisition
Parkland Fuel Corp. (TSX: PKI), a Canadian fuel distributor and seller, will acquire Kellerstrass Oil, growing its retail and commercial footprint and tanker fleet in the United States. 0 read more.....»»
Pacific Ethanol"s debtors agree to 9% interest on overdue loan
Sacramento-based renewable fuel company Pacific Ethanol Inc. got its overdue debt of $63.2 million extended with an interest rate of about 9%, according to documents filed with the Securities and Exchange Commission. Since March, Pacific Ethanol .....»»
Pacific Ethanol wins two-year reprieve on debt, with asset sale
Pacific Ethanol Inc. found a buyer for some of its assets, in a move that will give the Sacramento-based renewable fuel producer up to two more years to pay debt that had come due. Pacific Ethanol (Nasdaq: PEIX) shares rose 15 cents, or 21%, to 84 cen.....»»
PayPal CFO Says "The Challenge Is To Find The Right Fit" With Acquisitions
Paypal Holdings Inc (NASDAQ: PYPL)'s hunger for acquisitions to help fuel growth is likely to continue into the new year, CFO John Rainey told The Wall Street Journal 0 read more.....»»
Property investor BoaVida expands holdings, office space
As Sacramento-based property investment company BoaVida Group prepares to cross the century mark in acquisitions, there’s also a need to expand closer to home......»»
Facing deadline, Pacific Ethanol CEO says lender will extend debt
Pacific Ethanol Inc. CEO Neil Koehler said he is negotiating another extension of an overdue credit facility that was set to expire at the end of this week. The Sacramento-based renewable fuel company was facing a Nov. 15 deadline to bring its debt i.....»»
Sacramento mental health practice grows with SoCal acquisitions
Sacramento-based mental health practice Community Psychiatry Management LLC has added six more outpatient offices in Southern California through two acquisitions. Community Psychiatry Management bought Calabasas Behavioral Health of Calabasas and Ge.....»»
Canadian company close to opening fuel plant with Greyrock technology
A Canadian company is in the midst of building that country’s first gas-to-liquid fuel plant, using a license from Sacramento fuel technology company Greyrock Energy Inc. Rocky Mountain GTL Inc. began construction in May on the fuel plant, which .....»»
McKinsey: The Best M&A Strategy Is Systematically Pursuing Many Small Deals
Two converging market forces, one secular and one cyclical, are poised to fuel another burst of merger and acquisitions activity in the transportation and logistics industry. read more.....»»
Pacific Ethanol again temporarily defers loan payment
On the day of its payment deadline, Pacific Ethanol Inc. has again deferred payment to a major lender for four months. Under a new agreement, CoBank will allow Pacific Ethanol to defer payment until Nov. 15. The Sacramento-based renewable fuel produc.....»»
10.6% Yield, Strong Growth, Recession Resistance From Fuel Distributor Sunoco
10.6% Yield, Strong Growth, Recession Resistance From Fuel Distributor Sunoco.....»»
Winsupply presidents move forward with "aggressive growth goal"
The region's fourth-largest company continues to move down its path of acquisitions and expansions. Among the growth, it still continues to call Moraine home. Winsupply, a distributor of construction and industrial equipment, ended its 2018 with a re.....»»
Sacramento"s Pacific Ethanol may benefit from EPA move on gasoline blend
The Trump administration on Friday made good on a promise it made to Midwestern farmers to increase the blend of ethanol in auto fuel, which is positive news for Sacramento-based Pacific Ethanol Inc. At a signing ceremony in Atlantic, Iowa, U.S. En.....»»
S&W Seed strikes $70 million alfalfa deal with DowDuPont division
S&W Seed Co. will have some spending money for acquisitions after it closes on a $70 million deal to provide alfalfa seeds for a division of farm products giant DowDuPont. Shares of Sacramento-based S&W (Nasdaq: SANW) rose 44 cents, or 17.6%, to $2.....»»