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Mafi-Trench gears up: Santa Maria manufacturer plans for new plant

By   /  Friday, December 20th, 2013  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Mafi-Trench gears up: Santa Maria manufacturer plans for new plant

James Reilly has been pushing for a new manufacturing plant to bring about 100 new jobs to Santa Maria for two years, and now the real work of getting it financed is about to begin.

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Diesel seeks $5.5M from defunct GBMI

By   /  Friday, December 20th, 2013  /  Law & Goverment, South Coast, Top Stories  /  Comments Off on Diesel seeks $5.5M from defunct GBMI

Italian fashion firm Diesel is hoping to enforce a $5.5 million judgment against Global Brand Marketing Inc., the Santa Barbara-based footwear firm led by Killick Datta that was worth $500 million at its peak.

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Clean Diesel changes ethics rules after $1.9M federal fine

By   /  Friday, December 20th, 2013  /  Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine

The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.

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2013 attendance at Savor the Central Coast climbs 5.8%

By   /  Thursday, December 19th, 2013  /  Central Coast, Tourism  /  Comments Off on 2013 attendance at Savor the Central Coast climbs 5.8%

San Luis Obispo County’s fourth annual Savor the Central Coast again posted growth in attendance and revenue.

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Semtech shares sink on lower earnings outlook

By   /  Thursday, December 19th, 2013  /  Earnings, Technology, Tri-County Public Companies  /  Comments Off on Semtech shares sink on lower earnings outlook

Shares of Camarillo-based Semtech Corp. plunged 11.2 percent on Dec. 19 after the company downgraded its revenue and profit outlook for the fourth quarter.

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Updated: Parkers submit scaled-down plans for second waterfront hotel

By   /  Wednesday, December 18th, 2013  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Updated: Parkers submit scaled-down plans for second waterfront hotel

The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.

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Amgen spinout Atara raises $38.5 million

By   /  Tuesday, December 17th, 2013  /  Health Care & Life Science, Technology, Top Stories  /  Comments Off on Amgen spinout Atara raises $38.5 million

Atara Biotherapeutics, a Thousand Oaks firm that emerged last year with major Silicon Valley backers and licenses to develop six Amgen assets, has raised $38.5 million to pursue treatments for dialysis complications and ovarian cancer.