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 Awards kick off
The San Luis Obispo Chamber of Commerce announced that it will recognize six businesses for their environmental leadership with its annual Green Awards. The chamber is currently seeking nominations for the awards. Businesses, organizations and individuals who work to be green by reducing pollution, improving resource conservation and sustainability or improving air and water Read More →
Funds for UCSB research
The University of California, Santa Barbara, announced that more than $36 million in federal stimulus dollars have allowed it to fund research projects ranging from computer science to biological imaging to the effects of ocean acidification. Many of the grants are from the National Science Foundation, the National Institutes of Health and the Department of Energy. 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 →
