Gigavac gears up: Carpinteria components firm expands
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Oxnard Marriott sold for $11.4M
Nearly two years after a court appointed a receiver to take control of the Courtyard by Marriott in Oxnard after it was foreclosed upon, the hotel has been sold for $11.4 million. HREC Investment Advisors, a hospitality real estate advisory firm based in Denver and Los Angeles, arranged the sale of the 166-room hotel. The Read More →
UTC unloads Clipper to private equity firm
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TOLD Corp. founder Jack Gilbert dies
Ventura County business leader and philanthropist Jack Gilbert has died. He was 91. In 2010, Gilbert was an inaugural member of the Pacific Coast Business Times’ Business Hall of Fame, an honor which recognized him for his role as a developer in Ventura County and for his part in leading Thousand Oaks’ emergence as a Read More →
Mars rover taps regional firms
The Mars rover Curiosity is set to touch down around 10:30 p.m. on Sunday with parts from several Central Coast companies. Next Intent of San Luis Obispo made parts that help attach the wheels to the chassis of the rover, named the Mars Science Laboratory. Santa Maria-based Helical Products Co. made flexible couplings and machined Read More →
Timothy Geithner’s four simple rules for navigating global recovery
LOS ANGELES — He is surprisingly slight of build, unflappably low-key, well-dressed and, of course, there is that full head of wavy brown hair. In short, Timothy Geithner has all of the proper accoutrements for the person he is — the 75th U.S. Secretary of the Treasury, a bureaucratic mandarin and President Barack Obama’s go-to Read More →
Editorial: $2.3B is too much change to find in couch
Just how “special” are California’s “special funds”? It turns out they are very special indeed. News reports during late July ripped the mask off these stealth reserves, revealing the fact that millions of dollars in cash are lying around in accounts reserved for recycling, parks and other state-operated activities. Even state organizations that have gone Read More →
