High-tech manufacturing facility to break ground
One of the largest industrial spaces planned for the Goleta area in recent years will soon break ground. Alliant Techsystems Space Systems plans to move the first dirt for a new 25,000-square-foot facility on Pine Avenue on Oct. 12, the company said in a release. Better known in the Tri-Counties as ATK Space Systems, the Read More →
A rift in the valley
Los Olivos, a sleepy town of about 1,000 in the Santa Ynez Valley, has been experiencing some classic symptoms of growing pains, and now community leaders are poised to make a few crucial decisions about tourism — the area economy’s bread and butter. The town, located a short distance from Michael Jackson’s famed Neverland Ranch, Read More →
Credit unions win battle for savings, loans
The saying goes that from great chaos comes great opportunity. In the financial world, still reeling from near-collapse, no entities may understand that adage better than credit unions. In the Tri-Counties and nationwide, these distant cousins of banks found that because they stuck to conservative lending practices, they’ve remained well-capitalized and are now poised to Read More →
Green dollars bolster our sagging economy
Green is not exactly the new black. But federal stimulus grants are offsetting some of the serious shortfalls in the tri-county economy. For example, University of California, Santa Barbara, officials announced late in September they will receive a total of $36 million in stimulus money — mainly for research into energy efficiency and alternative energy Read More →
Ventura County Business Bank gives hope to area banks
It might be the understatement of the decade to say that raising capital has been extremely difficult for area banks. But in a very difficult environment, President Jerry Lukiewski at Ventura County Business Bank has found a way to increase his bank’s capital and perhaps set the stage for the acquisition of assets or other Read More →
San Luis Obispo Kohl
The former Mervyn’s in San Luis Obispo opened its doors for the first time as a Kohl’s on Sept. 30. The grand opening comes as the company unveils 37 locations across the country. The 30 new California stores, including the San Luis Obispo location, are all refurbished Mervyn’s buildings. “We are situated in a great Read More →
