Experts fear rules gridlock
As new stormwater rules take final form in Ventura County, legal experts are wondering whether the aims of the regulations are on a crash course with the goals of landmark smart-growth and carbon emissions laws passed in Sacramento in recent years. At its heart, the conflict centers on density. AB 32 and SB 375, laws Read More →
Rescue dog foundation get $1M
The Ojai-based National Search Dog Foundation won a $1 million challenge grant from The Wood-Claeyssens Foundation Jan. 20 that could pave the way for the creation of a national training center at a 125-acre ranch in Santa Paula. Seven teams from the foundation flew to Haiti shortly after the earthquake there and helped rescue eight Read More →
Reagan library gets gift of $12.75M
The Simi Valley-based Ronald Reagan Presidential Foundation said Feb. 6 that it has received a $12.75 million gift from the Donald W. Reynolds Foundation to fund renovations at the Regan Library and Museum’s exhibit galleries. The gift is timed to coincide with Reagan’s 100th birth day in 2011. In the past, the Reynolds Foundation, named Read More →
Select Staffing
Santa Barbara-based Select Staffing’s deal to go public and pay off $200 million in debt has fallen though. With $1.5 billion in revenue in 2009, Select Staffing, a temporary employment firm, is the largest private company in the Tri-Counties. The company said Dec. 11 that it planned to join up with Florida-based Atlas Acquisition Holding Corp., Read More →
Deals, recruiting show growing Santa Barbara tech sector
In a sign of a booming Santa Barbara technology sector that is still hiring, Flir Systems paid $25 million in cash for 170,000 square feet of space across two buildings in Goleta. A company official disclosed the price of the transaction, which was formally announced last week, at a technology employment outlook luncheon held by Read More →
Gov. heralds job growth at SLO firm
Gov. Arnold Schwarzenegger made a rare appearance in San Luis Obispo on Feb. 8, stopping at REC Solar to herald the company’s announcement that it will add 200 jobs this year, a 40 percent boost in its workforce. Schwarzenegger, state Sen. Abel Maldonado, R-Santa Maria, and other leaders shared REC Solar’s success story as Chief Read More →
PCBC buys time to survive
Though Pacific Capital Bancorp announced narrower losses and an intent to sell branches, the drama surrounding the fate of the struggling parent of Santa Barbara Bank & Trust is likely to continue for months. On Feb. 1, Pacific Capital, which has been under pressure from regulators to boost its capital ratios, announced a $20 million Read More →
