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 →
Editorial: Behind McCaw’s victory, a chance to reset her role
Wendy McCaw has notched an admirable victory for the First Amendment, but her job as the owner and co-publisher of the Santa Barbara News-Press may need some reinvention. McCaw’s struggle with her newsroom over who controls the content of the news pages came to a head in 2006, when the paper’s top editors and reporters Read More →
Santa Paula: Showing true grit
As Mayor Jim Tovias explained in his state of the city address on Groundhog Day, Santa Paula hasn’t spent the past year hiding from a weak economy. Without a single layoff or salary reduction, the city has shaved $1 million from a $10 millon budget and reached zero deficit without tapping into reserves. Fearing another Read More →
Hayes report: Half of 2009 sales on South Coast from four transactions
Hayes Commercial Group in Santa Barbara just released its year-end report, with some grim numbers that just go to prove 2009 is best left forgotten. To its credit, the Hayes team found some unexpected countertrends and even signs of growth among the depressing stats, but the fact remains that real estate remained lackluster in 2009 Read More →
