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Port heads to court in battle with city

By   14 hours ago

The Oxnard Harbor District has asked the Ventura County Superior Court to intervene in an increasingly contentious battle over revamping a decades-old revenue agreement with the city of Port Hueneme. The district, which controls the Port of Hueneme, sought relief in court on Sept. 30 on a technical issue related to arbitration. The district has […]

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News Corp. to buy Move for $950M

By   21 hours ago

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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Chumash award $112M hotel contract, eye October groundbreaking

ChumashWEB2

By   2 days ago

  Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar […]

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$86.2M Sientra IPO plumps up public-company ranks

By   5 days ago

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for […]

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SpendSmart snaps up TechXpress for $1.6M

Alex Minicucci, CEO of San Luis Obispo-based SMS Masterminds. (Business Times file photo)

By   5 days ago

It has only been a few months since Alex Minicucci took the reins of publicly traded SpendSmart Networks, but he has already masterminded the acquisition of fellow San Luis Obispo firm TechXpress and expanded SpendSmart’s headcount from 12 to 40.

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Impact Radius offers alternative to advertising network model

By   5 days ago

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

Read More →

Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Heeluxe founder and CEO Geoffrey Gray at the company’s Goleta headquarters. With a state-of-the-art shoe lab, the company is helping brands such as Teva, New Balance and Hoka perfect the fit and performance of their shoes. (Nik Blaskovich / Business Times photo)

By   5 days ago

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

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Genisyss offers your DNA, on a drive

Santa Barbara-based Genisyss has created a USB thumb drive that it says can store DNA for at least 17 years without it degrading. (courtesy photo)

By   5 days ago

In the digital age, it can feel like you can fit your whole existence — photos and videos of loved ones, writings, important financial documents — onto a small USB thumb drive.

Read More →

Small Business View All →

Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Heeluxe founder and CEO Geoffrey Gray at the company’s Goleta headquarters. With a state-of-the-art shoe lab, the company is helping brands such as Teva, New Balance and Hoka perfect the fit and performance of their shoes. (Nik Blaskovich / Business Times photo)

By   5 days ago

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

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A swing at success: Edufii gets $1.4M to fund sports training platform

Edufii Chief Revenue Officer Andrew DeMille demonstrates a golf swing recorded with the San Luis Obispo-based company’s online sports training platform, which recently raised $1.4 million from investors. (courtesy photo)

By   2 weeks ago

San Luis Obispo-based Edufii has raised a $1.4 million round of investment for its online sports training platform.

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The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

The project at the intersection of Laguna and Hayley streets in Santa Barbara is slated to become a local-goods market. The first confirmed tenant is a winery, but the property is being marketed to South Coast vendors as a place to showcase products as well. (Nik Blaskovich / Business Times photo)

By   3 weeks ago

A much-wondered-about project at the corner of Laguna and Haley streets in Santa Barbara is poised to become the next big attraction to a corridor that area real estate insiders say is shaping up as the latest extension of the city’s Funk Zone.

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$2.6M deal marks record for Summerland CRE market

LillieAveWEB

By   3 weeks ago

  The recent sale of a high-profile mixed-use property on Lillie Avenue in Summerland marks the highest price per square foot for a commercial property larger that 2,000 square feet in the coastal town. The property, located at 2330 Lillie Ave. and home to Summerland Winery’s tasting room and Bonita Boutique, sold for more than […]

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The posting police: Social Intelligence roots out workers’ comp fraud

SocialIntelligenceWEB

By   4 weeks ago

Santa Barbara-based Social Intelligence, a firm that combs social media and other sites for red flags about potential employees, has inked a new deal to help combat workers’ compensation fraud.

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28 tri-county firms rank on 2014 edition of Inc. 5000

By   1 month ago

Twenty-eight firms based in the Tri-Counties made the 2014 edition of Inc. magazine’s ranking of the fastest-growing private companies in the U.S. This year’s ranking was based on revenue growth between 2010 and 2013. PackIt, a company that makes bags with freezable gel in the linings that keep food and drinks cold for up to […]

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Cabbies hail help from Sacramento: Bills target Uber, Lyft

Santa Barbara Lyft driver Tye Gomez with the brand's signature pink faux mustache. Two pending bills in the state Senate look to add new restrictions and requirements to ridesharing services such as Lyft and its rival, Uber. (Nik Blaskovich / Business Times photo)

By   1 month ago

Two pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.

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Pour no more: Small wineries oppose Santa Barbara County tasting-room ordinance

WineryWEb1

By   1 month ago

Many small wineries in rural areas of Santa Barbara County such as the Santa Ynez Valley may be unable to house tasting rooms or hold special events if county officials approve changes to a winery ordinance that has been in place since 2004.

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Technology View All →

Clean Diesel chairman resigns, metals industry veteran steps in

By   18 hours ago

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean […]

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News Corp. to buy Move for $950M

By   21 hours ago

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

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SLO telecoms to merge

By   2 days ago

Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.

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Qualstar shares sink on $5.6M loss

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

By   2 days ago

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal […]

Read More →

$86.2M Sientra IPO plumps up public-company ranks

By   5 days ago

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for […]

Read More →

SpendSmart snaps up TechXpress for $1.6M

Alex Minicucci, CEO of San Luis Obispo-based SMS Masterminds. (Business Times file photo)

By   5 days ago

It has only been a few months since Alex Minicucci took the reins of publicly traded SpendSmart Networks, but he has already masterminded the acquisition of fellow San Luis Obispo firm TechXpress and expanded SpendSmart’s headcount from 12 to 40.

Read More →

Impact Radius offers alternative to advertising network model

By   5 days ago

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

Read More →

Genisyss offers your DNA, on a drive

Santa Barbara-based Genisyss has created a USB thumb drive that it says can store DNA for at least 17 years without it degrading. (courtesy photo)

By   5 days ago

In the digital age, it can feel like you can fit your whole existence — photos and videos of loved ones, writings, important financial documents — onto a small USB thumb drive.

Read More →

Real Estate View All →

News Corp. to buy Move for $950M

By   21 hours ago

News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.

Read More →

Lineage Logistics unveils new cold-storage facility in Santa Maria

By   2 days ago

Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with […]

Read More →

Upper State Street retail center sells for $3.1M

By   2 days ago

Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, […]

Read More →

Chumash award $112M hotel contract, eye October groundbreaking

ChumashWEB2

By   2 days ago

  Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar […]

Read More →

T.O. Boulevard revamp hinges on key project

A rendering of Westcord Commercial Real Estate’s proposed mixed-use project at 1850 Thousand Oaks Blvd. in Thousand Oaks. (courtesy image)

By   5 days ago

Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.

Read More →

PB Cos. sets sights on building out SLO’s Marsh Street corridor

By   5 days ago

PB Companies is not slowing down in its quest to bring new residential and commercial development to San Luis Obispo.

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Schaff buys Goleta offices from Towbes for $26.4M

By   1 week ago

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. […]

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Haas Automation plots expansion in California after deal with state

Haas Automation executive Peter Zierhut at its Oxnard plant. After considering expanding out-of-state, Haas may well stay in California, according to people familiar with the firm’s plans. (Business Times file photo)

By   2 weeks ago

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

Read More →

Banking & Finance View All →

Clean Diesel chairman resigns, metals industry veteran steps in

By   18 hours ago

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean […]

Read More →

Qualstar shares sink on $5.6M loss

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

By   2 days ago

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal […]

Read More →

$86.2M Sientra IPO plumps up public-company ranks

By   5 days ago

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for […]

Read More →

Teledyne to raise $125M in debt sale

By   1 week ago

Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, […]

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TechXpress acquired for $1.6M

By   1 week ago

San Luis Obispo-based TechXpress is being split up and sold for $1.6 million in cash and stock.

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Calavo posts record Q3, launches FreshRealm

By   2 weeks ago

Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, […]

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Limoneira Co. chairman dies at 76

By   2 weeks ago

Alan Teague, longtime chairman of Ventura County agribusiness giant Limoneira Co., has died at age 76.

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Region’s Richest 2014

Ty Warner

By   3 weeks ago

Pulling back the curtain on wealth in the Tri-Counties, we rank the 20 richest people in Ventura, Santa Barbara and San Luis Obispo counties.

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Opinion View All →

Dubroff: Future of regional flights up in the air as Frontier drops Santa Barbara

By   5 days ago

When the A-319 Airbus jets with animals painted on their tails first landed at Santa Barbara Airport in June 2010, business travelers on the Central Coast breathed a big sigh of relief. Denver-based Frontier Airlines promised a full-sized airplane, plenty of perks for business flyers, DirecTV and dozens of inexpensive daily connections to the East […]

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Op/ed: The leadership of Pope Francis

By   5 days ago

By R. Scott Turicchi Much has been made about the style of Pope Francis — specifically that he doesn’t act like a pope. So, what in fact is leadership? In his book, “An Integrative Theory of Leadership,” Martin Chemers defines leadership as “a process of social influence in which one person is able to enlist […]

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Editorial: Santa Barbara County voters should reject Measure P

By   5 days ago

We believe that climate change is a serious threat to the global economy and that human activity is a significant contributor to global warming. We believe that significant policy changes about how we obtain and use energy will be required to reduce the human impact on climate change. But we also believe that market-based solutions […]

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Letter: SCE should listen to Moorpark residents’ concerns in nursery dispute

By   5 days ago

Dear Editor: Kudos to Elijah Brumback for his Sept. 19 article on the Moorpark nursery being evicted by Southern California Edison, after operating on SCE land for 28 years. It’s the first report to solicit any type of response from SCE. When Edison spokesman Rudy Gonzalez said, “no not really,” in addressing whether SCE has […]

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Tough talks can help you root out the real problems in your business

By   2 weeks ago

By Esther Bleuel We live in a world where conflict is inevitable and unavoidable. It can’t be escaped, and ignoring it can cause great harm and distress. One of the biggest challenges is that most people fear having difficult conversations or “tough talks.” Why? The consequences of a conflict gone wrong may damage or actually […]

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Letter: Measure P is a step toward a greener future

By   2 weeks ago

Dear Editor: This letter is in reference to your Sept. 12 editorial, “Santa Barbara County takes big green step with Cuyama solar approval.” The first sentence in the first paragraph has a false and inflammatory statement: “(…) Measure P, the proposal that could ban most oil and gas production in the county (….).” Measure P […]

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Dubroff: Teague chose family over politics, and Ventura County prospered

By   2 weeks ago

Well-dressed, tall and affable, Alan Teague was a board chairman right out of central casting. The Limoneira Co. chairman had a politician’s gift for remembering names and faces. He had a welcoming way with strangers that complemented his ambition and drive. He was pretty much the most important person in Republican Party politics in West […]

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Op/ed: It pays to show gratitude in business relationships

By   2 weeks ago

By Scott Harris “We were very impressed and pleased with the work your team did with the video. The results were truly amazing! We know that it took a huge effort (extra effort) on the parts of many, and we would like to honor the folks who made critical contributions with a small recognition gift. […]

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East Ventura County View All →

Governor signs gun bills introduced after Isla Vista mass shooting

By   16 hours ago

Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.

Read More →

Qualstar shares sink on $5.6M loss

A year ago, the management team at Simi Valley-based Qualstar was ousted by Florida-based BKF Capital, which vowed to cut costs and executive compensation while expanding international sales.  (Stephen Nellis / Business Times photo)

By   2 days ago

Qualstar cut its annual loss to $5.6 million — almost half of what it had been a year earlier — but investors weren’t happy with the company’s slow progress as it struggles to return to profitability. Shares of Qualstar plummeted 6.9 percent to close at $1.21 on Sept. 29 after the company reported its fiscal […]

Read More →

Watkins: California jobs boom not what it seems

By   5 days ago

The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic […]

Read More →

T.O. Boulevard revamp hinges on key project

A rendering of Westcord Commercial Real Estate’s proposed mixed-use project at 1850 Thousand Oaks Blvd. in Thousand Oaks. (courtesy image)

By   5 days ago

Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.

Read More →

Teledyne to raise $125M in debt sale

By   1 week ago

Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, […]

Read More →

United Way honors Ventura County, energy executive

By   2 weeks ago

United Way of Ventura County honored area energy executive Scott Corby and the county of Ventura with two of its top awards at its annual Spirit of Community Partnership Awards. Corby received the Milton M. Teague Award and county employees received the Roy Pinkerton award. More than 1,000 county employees contributed more than $100,000 to […]

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Ad tracking strategy pays off in $2.3B Conversant deal

Conversant CEO John Giuliani, who joined the company formerly known as ValueClick after selling his former venture to it. Under Giuliani's leadership, Conversant is now being sold for $2.3 billion. (courtesy photo)

By   2 weeks ago

  It took him two years, but John Giuliani is the man who finally made Conversant ready for a sale. And even though his stake in the Westlake Village-based advertising technology firm’s $2.3 billion cash-and-stock merger with Alliance Data Systems announced Sept. 11 will be worth about $96 million, Giuliani has no plans to cash […]

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Haas Automation plots expansion in California after deal with state

Haas Automation executive Peter Zierhut at its Oxnard plant. After considering expanding out-of-state, Haas may well stay in California, according to people familiar with the firm’s plans. (Business Times file photo)

By   2 weeks ago

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

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West Ventura County View All →

Port heads to court in battle with city

By   14 hours ago

The Oxnard Harbor District has asked the Ventura County Superior Court to intervene in an increasingly contentious battle over revamping a decades-old revenue agreement with the city of Port Hueneme. The district, which controls the Port of Hueneme, sought relief in court on Sept. 30 on a technical issue related to arbitration. The district has […]

Read More →

Clean Diesel chairman resigns, metals industry veteran steps in

By   18 hours ago

Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean […]

Read More →

Auto exports drive record year at Port of Hueneme

By   2 days ago

The Port of Hueneme in Ventura County posted its best-ever year for international trade and its second-highest year on record for domestic and global trade combined, it said Sept. 22. Auto exports, up 30 percent year-over-year, led the surge during the port’s 2013-14 fiscal year. Total tonnage moving through the port during the year was […]

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Watkins: California jobs boom not what it seems

By   5 days ago

The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic […]

Read More →

United Way honors Ventura County, energy executive

By   2 weeks ago

United Way of Ventura County honored area energy executive Scott Corby and the county of Ventura with two of its top awards at its annual Spirit of Community Partnership Awards. Corby received the Milton M. Teague Award and county employees received the Roy Pinkerton award. More than 1,000 county employees contributed more than $100,000 to […]

Read More →

Haas Automation plots expansion in California after deal with state

Haas Automation executive Peter Zierhut at its Oxnard plant. After considering expanding out-of-state, Haas may well stay in California, according to people familiar with the firm’s plans. (Business Times file photo)

By   2 weeks ago

Oxnard-based Haas Automation has struck a deal with state tax officials that could secure another machine-tool factory and thousands of high-end manufacturing jobs for Ventura County, according to people familiar with the company’s expansion plans.

Read More →

KeVita caps expansion with 50,000-square-foot Oxnard bottling plant

By   2 weeks ago

Oxnard-based probiotic drink manufacturer KeVita is expected to close on a new 50,000-square-foot bottling facility near its current home base at 2220 Celsius Ave.

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Influx of young professionals could drive Ventura County housing market

By   2 weeks ago

Despite a record drought, short-sighted policy making and a slow-to-start generation of self-established young workers, the outlook for Ventura County is bright. “It should be another year of expansion — you pretty much count on that — and no recession in sight, at least not yet,” said Mark Schniepp, director of the California Economic Forecast. […]

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South Coast View All →

Governor signs gun bills introduced after Isla Vista mass shooting

By   16 hours ago

Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.

Read More →

Upper State Street retail center sells for $3.1M

By   2 days ago

Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, […]

Read More →

Watkins: California jobs boom not what it seems

By   5 days ago

The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic […]

Read More →

$86.2M Sientra IPO plumps up public-company ranks

By   5 days ago

With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for […]

Read More →

Impact Radius offers alternative to advertising network model

By   5 days ago

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

Read More →

Nurturing the sole: Heeluxe leverages deals with Deckers, New Balance

Heeluxe founder and CEO Geoffrey Gray at the company’s Goleta headquarters. With a state-of-the-art shoe lab, the company is helping brands such as Teva, New Balance and Hoka perfect the fit and performance of their shoes. (Nik Blaskovich / Business Times photo)

By   5 days ago

Four years after launching a shoe insert that failed to bring homerun sales, Geoffrey Gray now has a thriving business in Heeluxe, a Goleta-based research lab for developing high performance footwear for the likes of New Balance, Mizuno and Deckers Brands, the parent company of Teva sandals.

Read More →

McIver departs El Encanto, heads for Tuscon

Laura McIver, former general manager of Santa Barbara's El Encanto and Canary hotels. (Business Times file photo)

By   7 days ago

Laura McIver made her mark in the South Coast hotel industry when she took over and turned around downtown Santa Barbara’s Canary Hotel, setting the stage for the property’s sale to boutique chain Kimpton Hotels & Restaurants. In 2012, McIver was named general manager for Santa Barbara’s iconic El Encanto Hotel. She took the helm […]

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Frontier Airlines to drop Santa Barbara service

"Frontierairplanes" by Original uploader was Joebengo at en.wikipedia - Transferred from en.wikipedia; transferred to Commons by User:Jay8g using CommonsHelper.. Licensed under CC BY 2.5 via Wikimedia Commons.

By   1 week ago

  Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015.  […]

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Central Coast View All →

SLO telecoms to merge

By   2 days ago

Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.

Read More →

Lineage Logistics unveils new cold-storage facility in Santa Maria

By   2 days ago

Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with […]

Read More →

Chumash award $112M hotel contract, eye October groundbreaking

ChumashWEB2

By   2 days ago

  Tutor Perini Corp. has been selected to head up construction of the Santa Ynez Band of Chumash Indians’ controversial hotel expansion project. The building contract for the property at 3400 E. Highway 246 in Santa Ynez is valued at $112 million, Sylmar-based Tutor Perini said in a statement. It’s the first time a dollar […]

Read More →

Watkins: California jobs boom not what it seems

By   5 days ago

The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic […]

Read More →

Impact Radius offers alternative to advertising network model

By   5 days ago

Santa Barbara-based marketing technology firm Impact Radius says it is growing fast and signing up marquee customers.

Read More →

PB Cos. sets sights on building out SLO’s Marsh Street corridor

By   5 days ago

PB Companies is not slowing down in its quest to bring new residential and commercial development to San Luis Obispo.

Read More →

TechXpress acquired for $1.6M

By   1 week ago

San Luis Obispo-based TechXpress is being split up and sold for $1.6 million in cash and stock.

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Stollmeyer family gives $1M to French Hospital

By   2 weeks ago

Mindbody CEO Rick Stollmeyer and his ex-wife are making a $1 million gift to French Hospital Medical Center in San Luis Obispo. Rick Stollmeyer, co-founder and chief executive of SLO-based software firm Mindbody, and Lori Stollmeyer Ryan made the gift to support the hospital’s “Well into the Future” campaign, which includes the expansion and remodel […]

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