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Camarillo company history timeline

1824

The Mexican land grant system was liberalized in 1824 resulting in many large grants in California and the proliferation of Ranchos north of the border.

1837

Land grants were given to encourage colonization, including a grant to Jose Pedro Ruiz who created the Rancho Calleguas in 1837.

1839

Their numbers diminished until the Chumash, once the largest Indian nation in California, had largely vanished by 1839.

1847

One grant to Jose Ruis created the Rancho Calleguas in 1847, in the area that is now Camarillo.

1851

Camarillo is named for Adolfo Camarillo, one of the few Californios (pre-1851 California natives of Spanish ancestry) to retain his holdings after the arrival of Anglo settlers.

1868

Established in 1868, Pleasant Valley School District is the oldest existing school district in Ventura County.

1874

In 1874 the “Golden Triangle” or “gore” brought the first homesteaders to the area.

1875

Juan Camarillo purchased nearly 10,000 acres from Ruiz in 1875.

1876

In 1876, Juan Camarillo bought the 10,000-acre (40 km2) Calleguas Rancho in eastern Ventura County from Jose Pedro Ruiz for $3,000 in gold.

1890

A few blocks westward near the middle of what is now Arneil Road, was the Pleasant Valley Baptist Church that was built in 1890.

1891

In 1891, Martina had deeded the Rancho to her sons, Adolfo and Juan.

1892

In 1892, Frederick Hastings Rindge and his wife, Rhoda “May” Knight Rindge, bought the 13,000-acre Rancho Topanga Malibu Sequit(known as “The Malibu Ranch”). The Rindges were the fourth – and last – private owners of this intact (i.e., non-subdivided) Spanish land grant.

Son, Adolfo Camarillo built his Queen Anne style house in 1892 on this land.

1899

The township of Camarillo existed from 1899 when the post office moved to “Calleguas”. The post office decided they could not pronounce or spell Calleguas.

1910

A rich agricultural area flourished as the early ranchers and farmers worked to develop the towns and economy, an effort assisted by the coming of a Southern Pacific railroad to the Pleasant Valley and the 1910 Camarillo Depot.With the coming of Camarillo State Hospital and Pt.

In 1910, Camarillo bought Sultan, a beautiful stallion he found in the California State Fair in Sacramento.

1913

The year was 1913 and the early rumbles of the continent gathering its strength for conflict were growing with each passing day.

1914

Rosa Camarillo Petit remembered the heavy white paper windows that were used in the chapel until the real ones could be found, as she was married during that time -- November 11, 1914 -- the first wedding to be performed in the new chapel.

1917

Tragically, they likewise claimed the first funeral in the chapel when their 19 month old baby daughter died in 1917.

1932

Camarillo State Hospital began in 1932 on 1,760 acres south of town.

Thanks to their beauty, the Camarillo White Horses even appeared in the opening ceremony of the Los Angeles Olympics in 1932.

1939

Ground was broken and construction began in 1939.

The first buildings for the St John's Major Seminary were completed in 1939.

1940

In 1940, four years after the death of Juan Camarillo, the family chapel of St Mary Magdalen was given to the Los Angeles Archdiocese to use as a parish church.

1948

The present rectory at St Mary Magdalen was built in 1948.

1954

Adjacent to the rectory, Adolfo turned the first shovel of dirt on St Joseph's Day, March 19, 1954, to break ground for the St Mary Magdalen grade school.

1958

Several years after Adolfo Camarillo's death at the age of 94 in December 1958, Mrs.

1962

In 1962 the population was 7500 and 3M began construction for the Mincom and Magnetic Tape Divisions, which would ultimately employ 900 people, becoming the largest local employer.

1963

In 1963, the family put the vast ranch property up for sale.

1964

In 1964 the closest traffic signal was 2 miles from the City center on the road to Point Mugu, and the first shopping center and supermarket were under construction.

At time of incorporation, 1964, Camarillo had only a few housing tracts, businesses on Ventura Blvd, and one commercial center—near Arneill and Ponderosa—and less than ten thousand citizens.

1965

In November 1965, Adohr Milk Farms, Inc., was sold to Southland Corporation.

1967

In 1967, the Camarillos were still breeding the white horses on the remaining 117 acres (0.47 km2) owned by the family, and the Los Angeles Times published a feature story on the Camarillo horses.

1974

Cardinal Timothy Manning, Archbishop of Los Angeles delivered the main address from an improvised truck trailer platform, then turned the first spade of dirt for the ground-breaking on December 29, 1974.

1975

The first flight to the idyllic California Channel Islands National Park landed on January 1, 1975.

The new St Mary Magdalen church, which seats nearly 850 people, was opened for the celebration of the Mass on Christmas Day 1975 with Midnight Mass offered by the new pastor, Monsignor John C. Hughes.

1976

The formal dedication occurred on June 27, 1976.

1979

With a degree in electrical engineering from the University of Bridgeport in 1979, he began working his way up through the ranks.

1981

The company opened a factory in Isabela, Puerto Rico, in 1981 and seven years later added a plant in San Luis, Mexico.

1982

In 1982 Power CA hired an engineer named Steven J. Goldman, who would play a major role in the growth of Power-One.

1989

After heading Power CA's research and development division, he turned his attention to executive-level posts and supplemented his education by earning a master's of business administration from Pepperdine University in 1989.

1990

He became Power CA's chief financial officer, and then in 1990 was named president.

1995

Goldman led a management-team buyout of the company, now known as Power-One L.L.C., a Delaware entity that acquired Power CA in preparation for a sale, in September 1995, backed by the Little Rock, Arkansas investment firm of Stephens Group Inc. Its president, Fred Roberts, was a friend of Stephens chief executive officer, Warren Stephens, who was attracted to Power-One because its market was booming and sales were growing at a 30 percent clip, totaling close to $75 million in 1995.

1998

Goldman led a management-team buyout of the company, now known as Power-One L.L.C., a Delaware entity that acquired Power CA in preparation for a sale, in September 1995, backed by the Little Rock, Arkansas investment firm of Stephens Group Inc. It came in August 1998 when Power-One paid $43.4 million and assumed $11 million in debt for Melcher Holding AG, a group of Swiss companies with three locations.

The barn was moved to its current location behind the ranch house in 1998. “Before that, it was about a quarter of a mile away, down by Calleguas Creek,” Little said.

In order to expand capacity, the company soon broke ground on a new 110,000-square-foot manufacturing facility in Mexico, which would open in 1998.

Sales were strong in the first half of 1998, but economic conditions soured, due in large part to an Asian recession, resulting in poor sales during the second half of the year.

1999

Revenues more than doubled in 1999 to $205.4 million, and net income kept pace, increasing to more than $10 million.

Power-One's increasing focus on the telecommunications market, in which the company hoped to ultimately achieve three-quarters of its sales, paid off in 1999.

2000

Another acquisition came just three months later in 2000 when Power-One paid $72 million in cash and stock for Powec A.S. of Norway.

2001

The famous Camarillo White horses were housed in a separate stable that was previously moved and restored in 2001 and now serves as the Ranch Foundation’s headquarters.

The city then renovated the house and opened it to the public in 2001 as a museum and site for receptions and other functions.

To keep pace with demand, Power-One added about 275,000 square feet of manufacturing space to its Dominican Republic and Mexico plants, and in the spring of 2001 it replaced a small research and development center in Limerick, Ireland, with a new 35,000-square-foot facility.

2002

In 2002, the site became home to California State University Channel Islands which retained the distinctive Mission Revival Style architecture and the bell tower in the South quad was adopted as the symbol of the university.

2003

Little spearheaded the barn’s restoration while serving as foundation board president in 2003.

Business began to pick up for Power-One in 2003, as revenues increased to $256.3 million, but the company posted a net loss of $18.2 million.

2004

Sales increased to $280.3 million in 2004, when the company lost another $21.2 million.

2005

Sales dipped to $261.6 million in 2005, and Power-One recorded a net loss of $38.3 million.

2011

The City Library opened in 2011.

2022

"Power-One, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/power-one-inc

© 2022 Pleasant Valley Historical Society and Museum

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