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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Earnings, Health Care, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  No Comments

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker […]

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Community West Bank COO dies

By   /  Monday, July 21st, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  No Comments

Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and […]

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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  No Comments

CurvatureWEB1

Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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Mixed-use project planned for midtown Santa Barbara corridor

By   /  Friday, July 18th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  No Comments

A new mixed-use development on upper De La Vina Street in Santa Barbara is the latest in a series of locally driven projects in the midtown neighborhood in the last few years.

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Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

By   /  Friday, July 18th, 2014  /  Small Business, South Coast, Technology, Tri-County Economy  /  No Comments

Chris Fowler, left, and Steve Wells are two veteran software executives who founded Santa Barbara-based ClearPathGPS. The service allows owners of commercial vehicle fleets to track drivers, fuel usage, maintenance schedules and more. (Stephen Nellis / Business Times photo)

Two Santa Barbara software veterans have started ClearPathGPS to make that technology affordable and easy to use for fleets as small as five vehicles.

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L.A. developer snaps up Isla Vista complex for $6M

By   /  Friday, July 18th, 2014  /  Columns, Real Estate, South Coast, Tri-County Economy  /  No Comments

Elijah Brumback

Los Angeles investment firm Majestic Asset Management has purchased a 36-unit apartment complex in Isla Vista for about $6 million.

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News organizations object to Mission & State funding plan

By   /  Tuesday, July 15th, 2014  /  Nonprofits, South Coast, Top Stories, Tri-County Economy  /  No Comments

A two-hour debate over the future of the Mission & State investigative reporting project in Santa Barbara ended with no resolution but one funder calling for a time-out to reassess the awarding of a management contract to a for-profit news organization. The meeting was held at the offices of the Santa Barbara Foundation, which awarded […]

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