Santa Barbara sees shifts, new business on the real estate front
There have been a few notable shifts in the Santa Barbara commercial real estate landscape over the past few weeks. First up, we have a new venture from real estate executive Jim Slaught. His new company, Slaught Real Estate Group, focuses on commercial real estate development, investment, management and brokerage projects. Slaught, a former vice Read More →
Gear up for the launch of our 10th year
I’m very proud to announce that 2010 will mark the 10th anniversary year for the Pacific Coast Business Times. Since March 17, 2000, we’ve been chronicling the fortunes of business and the overall economy in Ventura, Santa Barbara and San Luis Obispo counties. Along the way we’ve covered major stories about innovation and financial meltdowns Read More →
Bankruptcy flood may be just starting
The flood of bankruptcies pouring from the tri-county region may well pass the high-water mark by year’s end. The Santa Barbara district of the U.S. Bankruptcy Court — the office that encompasses the tri-county region — saw 4,134 bankruptcy filings from the beginning of 2009 just through September, the last month through which statistics have Read More →
A high-tech patent war
In what could become a contest of war chests, Westlake Village-based chipmaker Inphi has fired back in a patent battle with a struggling Orange County firm over products for one of the hottest parts of the semiconductor market. The dispute started on Sept. 23 when Irvine-based Netlist, a money-losing company whose stock had traded Read More →
Clipper Windpower sells 49.5% stake to United Technologies
After suffering losses despite explosive revenue growth, Carpinteria-based wind turbine maker Clipper Windpower has sold 49.5 percent of the company to industrial giant United Technologies Corp. for $270 million. The transaction, announced Dec. 9, sets into motion a battle between U.S. industrial giants for the large wind turbine market. Clipper’s primary U.S. rival and the Read More →
Clipper Windpower sells 49.5% stake to United Technologies
After suffering losses despite explosive revenue growth, Carpinteria-based wind turbine maker Clipper Windpower has sold 49.5 percent of the company to industrial giant United Technologies Corp. for $270 million. The transaction, announced Dec. 9, sets into motion a battle between U.S. industrial giants for the large wind turbine market. Clipper’s primary U.S. rival and the Read More →
