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The Bee’s coverage on Tuesday included the reported billion-dollar sale of a sauce company with Clovis ties, a new legal battle at Selma City Hall and a retail construction update at one of Fresno’s fastest-growing shopping centers.
Here are today’s top stories:
- Landmark Fresno company sold for reported $1 billion. It makes syrups, sauces - Lyons Magnus, the Fresno-based specialty ingredients manufacturer founded in 1852, has been sold to Truelink Capital, a Los Angeles-based private equity firm. Sources told the Wall Street Journal the deal was valued at roughly $1 billion, though the sale price was not officially disclosed. The company makes syrups, sauces, smoothie bases and concentrates. It was owned for 46 years by the Smittcamp family of Clovis before being sold to Paine Schwartz Partners in 2017.
- Mayor of Selma accused of gender discrimination, workplace harassment in lawsuit - Former City of Selma employee Mary Jane Venegas recently filed a lawsuit against Mayor Scott Robertson and the city, alleging harassment and retaliation. Venegas says Robertson and city attorney Neal Costanzo threatened her with legal action and job loss when she refused to reveal a whistleblower’s identity in 2025. She claims she was placed on retaliatory administrative leave before being discharged. A city spokesperson said Selma had not been formally served as of Tuesday afternoon.
- More construction at Fresno’s Fancher Creek. Who’s coming next – and who’s not - A new US Bank is nearly finished at the shopping center at Clovis and Tulare avenues, while Chipotle construction has recently started and is expected to open by year’s end. HomeGoods will hold its grand opening July 30, following a soft opening on July 28. Michaels remains on track to open, but Starbucks - previously teased in marketing materials - is not coming to the center yet. A planned second phase will include a movie theater and extra retail space.
Original stories by Robert Rodriguez, Nick Fenley and Bethany Clough.
This report was produced with the assistance of a proprietary tool powered by artificial intelligence based on our own originally reported, written and published content. Before publishing, journalists reviewed this content in compliance with McClatchy Media’s AI policy.
