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Helix Medical buys Kentucky firm

By   /  Thursday, October 18th, 2012  /  Health Care & Life Science, Latest news  /  Comments Off on Helix Medical buys Kentucky firm

Helix Medical, a Carpinteria-based manufacturer of medical devices, has acquired Kentucky-based MedVenture Technology Corp., it said Oct. 17. The Carpinteria company purchased MedVenture, a medical device design, development and manufacturing company that also has offices in Indiana and Minnesota, from Ampersand Capital Partners, a Massachusetts-based private equity firm. Terms were not disclosed. With 150 employees Read More →

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Kimpton’s Canary names new GM

By   /  Wednesday, October 17th, 2012  /  Latest news  /  Comments Off on Kimpton’s Canary names new GM

Kimpton’s Canary Hotel in Santa Barbara has welcomed Caroline Dyal as its new general manager. Dyal comes to Canary, a 98-room boutique hotel in downtown Santa Barbara, from Kimpton’s Hotel La Jolla. She replaces Laura McIver, who in August took on the top job at El Encanto, the historic Santa Barbara resort that’s set to Read More →

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Health providers brace for Affordable Care Act

By   /  Tuesday, October 16th, 2012  /  Health Care & Life Science, Top Stories  /  Comments Off on Health providers brace for Affordable Care Act

With 7 million uninsured people in California, the implementation of President Obama’s Affordable Care Act is sure to be a wild ride for hospitals, health systems and insurance companies across the state — but those organizations are up to the challenge. That was the view of California Insurance Commissioner Dave Jones, who led a discussion Read More →

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Melchiori files for Ch. 7 bankruptcy

By   /  Tuesday, October 16th, 2012  /  Latest news  /  2 Comments

Santa Barbara-based Melchiori Construction Co. has filed for Chapter 7 bankruptcy protection amid a flurry of creditor lawsuits. The general contractor filed bankruptcy documents at 9:02 a.m. on Tuesday and listed assets of $50,000 or less and debts between $1 million and $10 million. In a Chapter 7 bankruptcy, a debtor seeks to liquidate its Read More →

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Santa Barbara’s El Prado hotel sold

By   /  Monday, October 15th, 2012  /  Latest news, Real Estate, Tourism  /  Comments Off on Santa Barbara’s El Prado hotel sold

The 68-room El Prado and Days Inn hotel on mid-State Street in Santa Barbara has changed hands. Terms of the deal were not disclosed, but the property was listed at $15.3 million, according to Radius Commercial Real Estate & Investments. A group of South Coast investors purchased the 1601 State St. property with the intention Read More →

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Santa Maria office and retail center opts for remodel over expansion

By   /  Friday, October 12th, 2012  /  Columns, Real Estate  /  Comments Off on Santa Maria office and retail center opts for remodel over expansion

Evergreen Village retail project in Santa Maria shelved plans for the second phase of the project.

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Letter: SB County needs to restore private-sector job balance

By   /  Friday, October 12th, 2012  /  Letters to the Editor, Opinion  /  Comments Off on Letter: SB County needs to restore private-sector job balance

Seventy-one percent of the top 25 employers provide government jobs.