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Oil pipeline owners may face more than fines for Santa Barbara County spill

By   /  Friday, May 22nd, 2015  /  Energy, Latest news, South Coast, Top Stories, Tourism  /  No Comments

A California Highway Patrol officer warns volunteers who showed up May 20 to clean up oil near Refugio State Beach from a 21,000-gallon pipeline spill to leave the area because it was too hazardous.

Photo by Debra Giles

California Attorney General Kamala D. Harris on Friday said her office is actively working with the Santa Barbara District Attorney’s office and state and federal agencies to investigate the incident.

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Cal Poly gets $500,000 grant for technology park planning

By   /  Friday, May 22nd, 2015  /  Latest news, Technology, Top Stories  /  No Comments

Students on the campus of California Polytechnic State University San Luis Obispo (Cal Poly SLO) in San Luis Obispo, California, U.S., on Friday, September 20, 2013. Photographer: Patrick T. Fallon/Bloomberg

California Polytechnic University San Luis Obispo recently received $498,286 to further plan the expansion of its technology park.

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Texas oil company linked to spill off Gaviota coast

By   /  Tuesday, May 19th, 2015  /  Energy, Latest news, Top Stories  /  No Comments

The company that reportedly was involved in the May 19 oil spill off the Gaviota coast is a large Houston-based master limited partnership that operates nearly 18,000 miles of pipeline in the U.S. The company, Plains All American Pipeline, also operates a number of processing facilities and is organized as a so-called master limited partnership […]

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AppFolio files for $100M IPO

By   /  Tuesday, May 19th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Appfolio co-founder Klaus Schauser will be honored at The South Coast Business & Technology Awards in June. (Stephen Nellis photo)

  Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of […]

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  No Comments

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on […]

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CalAmp bumps up offering to $150M

By   /  Friday, May 1st, 2015  /  Latest news, Top Stories  /  No Comments

Taking advantage of record low interest rates, CalAmp, based in Oxnard, has priced an offering of $150 million in convertible notes due in 2020. The company, which posted record revenues of $250.6 million on strong demand for its wireless products and services, said it increased the offer from $125 million announced initially; the interest rate […]

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Announcing Melissa Stafford Jones as keynote speaker for the 2015 Champions in Health Care.

By   /  Friday, May 1st, 2015  /  Latest news, Top Stories  /  No Comments

Melissa Stafford Jones will keynote this year's Champions in Health Care luncheon.

                  Melissa Stafford Jones, regional director of the U.S. Department of Health and Human Services Region IX, will keynote the Pacific Coast Business Times’ 2015 Champions in Health Care Summit. Prior to her appointment as Regional Director in 2014, Stafford Jones was President & CEO of the […]

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