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40 Under 40: Class of 2015

40u40

By   2 days ago

  The Pacific Coast Business Times would like to congratulate the 40 Under 40 Class of 2015. These 40 young men and women, all under the age of 40, are apart of a new generation of dynamic leaders who are reshaping the leadership ranks and the economy of the Tri-Counties.     40 Under 40: […]

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Thousand Oaks scores by landing Easton Baseball/Softball

Easton Softball/Baseball, well known for making bats, is moving its headquarters to Thousand Oaks.

By   2 days ago

Thousand Oaks has hit a home run. Easton Baseball/Softball, a Van Nuys-based sporting goods company, announced Aug. 19 that it will move its global headquarters to Thousand Oaks when the lease on its current building expires in 2016. Easton will move into a new 90,000-square-foot headquarters at 3500 Willow Lane. It will also have a […]

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Rush’s vision for CSUCI can be realized

CSU Channel Islands President Richard Rush

By   2 days ago

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Shipping containers get new lives in Tri-Counties

Dan Patterson, founder and CEO of the metalworking business Santa Barbara Forge and Iron, created his self-coined “executive suite” – two monitors and a desk in the back of a well-traveled 20-by-8-foot shipping container at 527 Fig Ave.

By   2 days ago

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Ventura features food on wheels to help fund nonprofit

Food Truck Fridays at the Pacific View Mall in Ventura draws hungry crowds the third Friday of every month.

By   2 days ago

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Drought impacts housing projects on Central Coast

725 dwellings are under construction at Trilogy Enclave at Rice Ranch in Orcutt.

By   1 week ago

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Madonna plans $500 million development in SLO

By   1 week ago

John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and […]

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32 tri-county firms on list of Inc. 5000 fastest growing companies

By   1 week ago

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Small Business View All →

Santa Barbara’s Apeel Sciences works to extend shelf life of food

Molecular design Intern Ellen Brudi purifies a compound that she created in the labs of Apeel Science.

By   2 days ago

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Entrepreneurial diversity sought for Tri-Counties

Jose Huitron, co-founder of Crowdismo, spoke to a crowd of about 100 people abour entrepreneurial diversity at an Impact Hub event in Santa Barbara.

By   2 weeks ago

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SCORE mentors will use Thousand Oaks facility to help entrepreneurs

David Yodkovik, left, a prospective SCORE member, signs in at the new Thousand Oaks facility as SCORE mentors Mort Barancik, Prentiss Uchida and Sylvia Crew discuss programs to be offered.

By   2 weeks ago

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Citrix software engineer sells suitcase he invented on the side

Ken McKaba shows off his creation, the ShelfPack.

By   2 weeks ago

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32 in Tri-Counties make Inc. Magazine list of 5000 fastest growing private companies

By   2 weeks ago

Thirty-two companies from around the Tri-Counties made the Inc. Magazine list of the 5000 Fastest Growing Private Companies in America. The largest was Ventura-based advertising agency The Trade Desk, which was listed at No. 34. It had revenues of $202 million last year and grew 6,949 percent. Inc. Magazine ranked companies according to the percentage […]

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Tri-county street beat: Milpas mom-and-pop store owners fighting assessment

Juan Bravo, owner of Lucy's Boutique.

By   3 weeks ago

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Help Unlimited celebrates 40 years of pairing caregivers with patients

Lupe Chavez has been a caregiver with Help Unlimited for more than two decades. The business is celebrating its 40th anniversary.

By   1 month ago

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Santa Barbara’s Burger Bus serves up food around town

Burger Bus owner Cheryl Gardener serves one of her locally sourced burgers and fries.

By   1 month ago

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Technology View All →

Santa Barbara’s Apeel Sciences works to extend shelf life of food

Molecular design Intern Ellen Brudi purifies a compound that she created in the labs of Apeel Science.

By   2 days ago

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Survey to assess Internet needs in Tri-Counties

By   1 week ago

The San Luis Obispo Economic Vitality Corp. and the Broadband Consortium of the Pacific Coast are releasing a survey to better understand the Internet needs of businesses, homes and schools in the region. The survey will include field speed tests to confirm local broadband speed and service needs. The survey also asks businesses about their […]

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Camarillo’s Semtech reports loss for second quarter

By   1 week ago

Camarillo-based Semtech said it lost $313,000 in an earnings report for the second quarter of its 2016 fiscal year on Aug. 19. Semtech makes analog and mixed signal semiconductors. The results continue a slow year for Semtech, which lost $142,000 in the first quarter. That amounted to a loss of less than one cent per […]

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Amgen agrees to pay $71 million over false marketing of 2 drugs

By   2 weeks ago

Thousand Oaks-based Amgen agreed to pay $71 million in a settlement with California, 47 other states and the District of Columbia because the biotech giant unlawfully promoted two drugs. According to a news release Aug. 18 from California Attorney General Kamala Harris, Amgen unlawfully promoted biologic medications Enbrel and Aranesp by “promoting Aranesp for dosing […]

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Appfolio doing well even as it loses more money

By   2 weeks ago

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32 in Tri-Counties make Inc. Magazine list of 5000 fastest growing private companies

By   2 weeks ago

Thirty-two companies from around the Tri-Counties made the Inc. Magazine list of the 5000 Fastest Growing Private Companies in America. The largest was Ventura-based advertising agency The Trade Desk, which was listed at No. 34. It had revenues of $202 million last year and grew 6,949 percent. Inc. Magazine ranked companies according to the percentage […]

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Revenues down but Thousand Oaks-based Teledyne beats estimates

By   3 weeks ago

Thousand Oaks-based Teledyne Technologies beat analyst estimates when it reported second-quarter earnings on July 30 but the company still saw a sharp decline in net income. Teledyne posted earnings of $1.34 per share, barely beating analyst estimates of $1.33 per share. Second-quarter revenues were down by 3.2 percent from the second-quarter of 2014, from $597.1 […]

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Tech Titans series: Electronic Arts founder turned his passion into an industry

Trip Hawkins, founder of Electronic Arts.

By   3 weeks ago

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Real Estate View All →

Buellton hotel project secures funding to begin construction

By   2 days ago

A Buellton hotel project recently secured $14 million to start construction. The Los Angeles-based real estate investment company Lowe Enterprises Investors gave a $13.99 million construction loan to Ocean Park Hotels, a hotel construction company in Monterey, to fund building a Hampton Inn and Suites at 600 McMurray Road. The three-story, 99-unit property that will […]

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Madonna plans $500 million development in SLO

By   1 week ago

John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and […]

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High-end grocers consider leasing downtown Santa Barbara space

By   1 week ago

Several high-end specialty grocers are interested in a 3-acre lot in downtown Santa Barbara. The space at 301 E. Yanonali St., where StoneYard Building Materials currently operates, is available for lease, Pamela Scott told the Business Times. Scott is an agent at the Santa Barbara-based commercial real estate company Lee & Associates. The proposed project […]

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Cabrillo Boathouse renovation project awaiting final approval

By   2 weeks ago

The Santa Barbara Planning Commission will review renovation plans for the Cabrillo Boathouse and Pavilion on Aug. 20. The city-owned historic landmark at 1118 E. Cabrillo Blvd. has hosted many community programs since its 1926 inception, predominantly on its second floor that overlooks East Beach. The city plans to address failing building systems, which include […]

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Goleta nonprofit Direct Relief moving forward with building

By   3 weeks ago

Goleta-based nonprofit Direct Relief is one step closer to building a new 155,000-square-foot facility by the Santa Barbara Airport where it could produce and distribute humanitarian aid, medicine and other vital supplies to impoverished and disaster-stricken communities around the world. The Santa Barbara Architectural Board of Review continued the project after its first concept review […]

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Oriental rug store may be razed for 4-story mixed-use project

By   1 month ago

The owners of Aga John Oriental Rugs want to demolish the company’s Santa Barbara retail store to make way for a new four-story mixed-use development. Located at 15 S. Hope St., just across from the La Cumbre Mall, the property was purchase by Aga John in 2005 from Wye Road Properties for $4.1 million. The […]

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Minus a plus for South Coast organization advocating workforce housing

By   1 month ago

Craig Minus was recently elected president of the Coastal Housing Coalition Board of Directors as the organization marks a decade of advocating and creating opportunities to increase workforce housing on the South Coast. The appointment comes at a critical juncture as the supply of workforce housing has significantly decreased in the past several years, according […]

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SB real estate firm goes on $74M deal-making spree

By   1 month ago

The Paskin Group, a Santa Barbara-based real estate outfit, announced recently that it closed its fourth deal in 12 months, acquiring a total of $74 million in assets during the period. Paskin’s portfolio, which consists of both commercial and multifamily residential properties, has expanded to 1.5 million square feet as a result of the deals. […]

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Banking & Finance View All →

Combined banks will be known as American Riviera Bank

By   3 days ago

The combined American Riviera Bank and The Bank of Santa Barbara will be known as American Riviera Bank, the merged institution announced Aug. 27. Santa Barbara-based marketing agency Idea Engineering deemed that the name would have better “brand impact.” The banks proposed the merger in July, which would combine two smaller companies into a three-branch […]

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Amgen’s cholesterol-lowering drug Repatha gets U.S. approval

By   3 days ago

Thousand Oaks-based biotech giant Amgen won U.S. approval for its powerful cholesterol-lowering drug Repatha for certain patients, making it the second in a new class of treatments to come to market, Bloomberg News reported Aug. 27. The Food and Drug Administration cleared Repatha for people with hard-to-treat levels of bad cholesterol, according to a statement […]

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Goleta-based Community West Bancshares reports loss

By   1 week ago

Goleta-based Community West Bancshares, parent company of Community West Bank, reported a loss of $2.3 million in the second quarter of 2015 following a $7.2 million loan settlement. The company recorded a profit of $1.7 million in the same period last year. “Community West’s second quarter results included solid loan and deposit growth and strong […]

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32 tri-county firms on list of Inc. 5000 fastest growing companies

By   1 week ago

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Energy plant site visit will be showdown between Oxnard, NRG

NRG Energy’s Mandalay Generating Station along Oxnard’s shores would be replaced if state officials approve the project.

By   1 week ago

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Heritage Oaks Bank CFO Lonny Robinson resigns

By   1 week ago

Heritage Oaks Bank Executive Vice President and Chief Financial Officer Lonny Robinson has resigned, holding company Heritage Oaks Bancorp announced Aug. 19. The Paso Robles-based bank hired Robinson in March 2014 to help with the Mission Community Bank merger and groom his successor, Jason Castle, Heritage Oaks Bank CEO and President Simone Lagomarsino said. Robinson […]

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Camarillo’s Semtech reports loss for second quarter

By   1 week ago

Camarillo-based Semtech said it lost $313,000 in an earnings report for the second quarter of its 2016 fiscal year on Aug. 19. Semtech makes analog and mixed signal semiconductors. The results continue a slow year for Semtech, which lost $142,000 in the first quarter. That amounted to a loss of less than one cent per […]

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Goleta will allow Venoco to transport oil using trucks

By   2 weeks ago

The city of Goleta issued a notice of decision to Venoco on Aug. 17 that denied an emergency permit application to transport oil using trucks but deemed the work consistent under the existing Ellwood Onshore Facility operating permit and Safety, Inspection, Maintenance and Quality Assurance Plan. Venoco will evacuate crude oil from tanks and pipelines […]

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Opinion View All →

Winter’s legacy endures at Westmont College

By   2 days ago

Shortly after the Business Times was founded, we learned about David Winter and his work as president at Westmont College. Over lunch at the Westmont campus, we were introduced to Westmont’s vision for its students as a liberal arts institution focused on Christian values and ethics. Coincidentally, one of the first Business Times staff writers […]

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California’s onerous employment laws continue to vex businesses

By   2 days ago

Employers continue to be battered by onerous California employment laws, and there is little end in sight. For those employers who can’t move their operations to another state, you’re stuck with the detailed state rules that create traps for employers. One of the latest tactics by plaintiffs’ lawyers is to file lawsuits because of information […]

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LA hosting 2024 Olympics would be great for Central Coast

By   1 week ago

Efforts to designate Los Angeles as the U.S. host city for the 2024 Olympic are worth more than passing attention by leaders along the Highway 101 corridor. That’s because a successful bid by Los Angeles for the summer games would produce multiple benefits for the Central Coast, with a broad impact on business. The 1984 […]

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Eastside Business District best option

By   1 week ago

The recent article “Battle over Milpas” (Aug. 7) really missed the mark. The plain and simple fact about the “Battle over Milpas” is that a small handful of people have turned the attempt of a vibrant business district to continue improvements into a racially charged political issue. The Milpas Community Association was asked to submit […]

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Mine mishap shows EPA stewardship inadequate

By   2 weeks ago

Just when you think environmental stewardship can’t get any worse … it gets worse. About three months ago, the Central Coast witnessed its worst environmental disaster in decades when Plains All American Pipeline leaked more than 140,000 gallons of oil onto the Refugio Beach area. About a fourth of that ended up in the ocean, […]

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Emergence of the ‘dependent contractor’

By   3 weeks ago

A recent decision by the state Division of Labor Standards Enforcement has greatly shaken the California business community. The ruling found that an Uber driver is an “employee” and not an “independent contractor” as the entire industry had previously presumed.  Although this decision only pertains to that specific case, it could end up changing the […]

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Donald channels Arnold in taking on GOP brass

By   3 weeks ago

We have seen this movie before. A larger-than-life figure in entertainment and business struts on to the political stage and captivates an audience of disaffected conservatives. Never mind that his personal politics are fairly liberal — it’s the appearance of control and command that pushes the conventional candidates out of the way. Once the momentum […]

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Can commercialism, professionalism co-exist in accounting profession?

By   3 weeks ago

What we see today in the accounting profession is troubling. Increased commercial activities threatens the independence cornerstone of the profession that underlies its public interest obligation. Audit firms are pushing the envelope in their involvement with non-audit services that makes it appear as though they might compromise their independence on the audit because of these […]

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East Ventura County View All →

Thousand Oaks scores by landing Easton Baseball/Softball

Easton Softball/Baseball, well known for making bats, is moving its headquarters to Thousand Oaks.

By   2 days ago

Thousand Oaks has hit a home run. Easton Baseball/Softball, a Van Nuys-based sporting goods company, announced Aug. 19 that it will move its global headquarters to Thousand Oaks when the lease on its current building expires in 2016. Easton will move into a new 90,000-square-foot headquarters at 3500 Willow Lane. It will also have a […]

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Easton Baseball/Softball moving headquarters to Thousand Oaks

By   1 week ago

Easton Baseball/Softball is moving its headquarters from Van Nuys to Thousand Oaks, the company announced on Aug. 20. Easton Baseball/Softball makes baseball and softball equipment and apparel. In a news release, the company said it plans to open a 90,000-square-foot global headquarters in Thousand Oaks. The building will have room for more than 100 employees. […]

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Big winner in next GOP debate will be Ronald Reagan library

By   2 weeks ago

Whatever the political outcome, one certain winner in the Sept. 16 GOP candidates’ debate is going to be the Ronald Reagan Presidential Library & Museum in Simi Valley. The debate will be the fourth presidential candidate forum to be held at the library, and it almost certainly will deliver a huge television audience. That means […]

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SCORE mentors will use Thousand Oaks facility to help entrepreneurs

David Yodkovik, left, a prospective SCORE member, signs in at the new Thousand Oaks facility as SCORE mentors Mort Barancik, Prentiss Uchida and Sylvia Crew discuss programs to be offered.

By   2 weeks ago

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FDA approves Amgen’s Kyprolis

By   1 month ago

The Food and Drug Administration approved Amgen’s Kyprolis for second-line treatments of multiple-myeloma on Friday. Thousand Oaks-based Amgen’s new treatment for multiple-myeloma could pay off big for the company now that the treatment can be accessed by more patients in the second line of treatments. Kyprolis was approved for third-line treatments in 2012. The FDA’s […]

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Thousand Oaks connection spurs new startup group

By   1 month ago

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Baxter Bioscience becomes Baxalta

By   2 months ago

East Ventura County has a major new employer. Deerfield, Ill.-based Baxalta Inc. was launched July 1 as health care giant Baxter International split into two companies. Former Baxter Bioscience operations in Thousand Oaks and Newbury Park are part of the Baxalta spinoff. The operations employed about 1,100 people in East Ventura County, according to the […]

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Westlake Village-based Qualstar Corp. releases Q1 archive solution

By   2 months ago

Westlake Village-based Qualstar Corp., a manufacturer of data and archive storage solutions and high efficiency power supplies, released the Qualstar Q1 on Thursday. The Qualstar Q1 is a archive solution to transfer and archive data. Qualstar describes the product as a cost effective solution for people who want to restore archives or review data. The […]

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West Ventura County View All →

Rush’s vision for CSUCI can be realized

CSU Channel Islands President Richard Rush

By   2 days ago

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Ventura features food on wheels to help fund nonprofit

Food Truck Fridays at the Pacific View Mall in Ventura draws hungry crowds the third Friday of every month.

By   2 days ago

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Amtrak train retiming would help commuters

The Amtrak Pacific Surfliner train.

By   2 weeks ago

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Proposed peaker plant in Oxnard bad idea because of flood vulnerability

By   1 month ago

Reliability is the key point emphasized in the Pacific Coast Business Times editorial July 17 (Oxnard peaker plant should be approved). During the CPUC evidentiary hearings held in May regarding the NRG proposal, the city of Oxnard provided proof based on state of the art scientific evidence that storm surge patterns and sea level rise […]

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Brooks photography school will focus on Ventura expansion

Tim Meyer critiques student work in his "Lighting People" class at Brooks Institute in Ventura.

By   1 month ago

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Alternative proposed to prevent peaker plant along Oxnard coast

By   1 month ago

One of the biggest stories in Ventura County these days is the debate over the so-called “peaker plant” proposed by independent power producer NRG to replace a couple of aging power stations along the Oxnard coastline. And, when the Business Times editorialized in favor of building a peaker plant on July 17, we clearly created […]

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Texas taxes too tempting for Ventura bra maker

By   1 month ago

California is not a business-friendly state. So after nearly 22 years in Ventura, Fashion Forms, the company that developed the push-up water bra, is leaving for Austin, Texas. About five California companies per week were making similar moves just a few years ago, fleeing to better business climates. And while that tide has stemmed some, […]

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Ventura-based bra maker Fashion Forms is moving to Austin, Texas

By   1 month ago

Ventura-based bra maker Fashion Forms is moving to Austin, Texas. “I am moving my headquarters and have bought a home in Austin as well, so I will be working out of there,” CEO Ann Deal said in an email to the Business Times. “This transition will be roughly October or November of this year.” The […]

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South Coast View All →

Santa Barbara’s Apeel Sciences works to extend shelf life of food

Molecular design Intern Ellen Brudi purifies a compound that she created in the labs of Apeel Science.

By   2 days ago

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3 months after oil spill, Santa Barbara region recovering

Crowds have returned to Refugio State Beach, which was tainted by an oil spill May 19.

By   2 weeks ago

  Even though Plains All American Pipeline underestimated the extent of the Refugio oil spill, Santa Barbara businesses and residents are feeling less of a sting than expected since the rupture fouled the Gaviota coastline and its wildlife about three months ago. Plains, the Houston-based oil company responsible for the spill, said in a quarterly […]

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Amtrak train retiming would help commuters

The Amtrak Pacific Surfliner train.

By   2 weeks ago

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UCSB named West Coast hub for Photonics Institute

By   1 month ago

UC Santa Barbara’s Institute for Energy Efficiency will play a lead role in a $110 million federal program to develop new electronic products using the next generation of chip technology. UCSB will become the west coast hub for the newly formed American Institute for Manufacturing of Photonics (AIM), teaming with lead institution State University of […]

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Santa Barbara’s Burger Bus serves up food around town

Burger Bus owner Cheryl Gardener serves one of her locally sourced burgers and fries.

By   1 month ago

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Minus a plus for South Coast organization advocating workforce housing

By   1 month ago

Craig Minus was recently elected president of the Coastal Housing Coalition Board of Directors as the organization marks a decade of advocating and creating opportunities to increase workforce housing on the South Coast. The appointment comes at a critical juncture as the supply of workforce housing has significantly decreased in the past several years, according […]

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Electrician turns Santa Barbara building into gallery

Art lovers have been checking out Charlie Mitchell's new art gallery in Santa Barbara since it opened July 3.

By   2 months ago

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Lynda Weinman’s big gift gives Women’s Economic Ventures money to expand

Marsha Bailey is the founder of Womens Economic Ventures.

By   2 months ago

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Central Coast View All →

Drought impacts housing projects on Central Coast

725 dwellings are under construction at Trilogy Enclave at Rice Ranch in Orcutt.

By   1 week ago

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Madonna plans $500 million development in SLO

By   1 week ago

John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and […]

Read More →

Santa Maria’s Windset Farms now powered by solar panels

Solar panels cover the top of Windest Farms’ packaging facility in Santa Maria. The solar power system was activated on Aug. 18.

By   1 week ago

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Aera plans to drill 296 oil wells near Santa Maria

By   1 week ago

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Santa Maria Valley Chamber of Commerce gives out awards

By   2 weeks ago

The Santa Maria Valley Chamber of Commerce handed out its top awards at an Aug. 12 dinner that celebrated a rebounding economy for North Santa Barbara County. Commercial construction firm Halsell Builders was named Business of the Year, retired City Engineer Rick Sweet received the Robert F. Grogan Public Service Award and James E. Peterson, […]

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San Luis Obispo insurance firms to combine forces

By   3 weeks ago

Leaders of insurance firms Gray & Troy Insurance and Morris & Garritano Insurance announced Aug. 12 that they are joining forces. The two firms, both based in San Luis Obispo, will combine under the name Morris & Garritano and will operate from their current offices initially, but will consolidate into Morris & Garritano’s offices on […]

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Amazon plans to hire more San Luis Obispo workers

By   1 month ago

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Who’s next after Firestone Walker investment deal

By   1 month ago

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