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By Austen Hufford / Tuesday, June 17th, 2014 / East Ventura County, Latest news, Tri-County Economy, West Ventura County / Comments Off on Forum: Asian trade opportunities abound for Ventura County
On June 13, the Port of Los Angeles organized an event with representatives from eight Asian countries at CSU Channel Islands to show Ventura County business owners that the port’s loss is their opportunity. In May alone, half of the 321,000 container units leaving the port were empty.
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By Austen Hufford / Tuesday, June 17th, 2014 / Latest news, South Coast / Comments Off on Recycler MarBorg wins green award
MarBorg trucks run on compressed natural gas, a hawk keeps seagulls away from the recycling facilities, and some of the locations even have solar panels.
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By Staff Report / Friday, June 13th, 2014 / Nonprofits, Small Business, South Coast / Comments Off on Record crowd as awards honor business leaders, star students
More than 700 business and community members turned out to the 20th annual South Coast Business and Technology Awards dinner on June 12. The attendance was the highest yet for the event, which has helped raise $1.6 million in scholarships to more than 650 students over the past two decades. The event honors leaders from Read More →
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By Stephen Nellis / Friday, June 13th, 2014 / Technology, Top Stories / Comments Off on Invoca hits 100-employee mark, opens SF office
Santa Barbara-based marketing technology firm Invoca has passed the 100-employee mark, opened an office in San Francisco and hired a bevvy of new executives. Invoca makes a platform that helps companies close more sales when customers call in. The company has raised $30.8 million from investors that include Santa Barbara-based Rincon Venture Partners, Palo Alto Read More →
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By Staff Report / Friday, June 13th, 2014 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Coast National Bank parent raises $6.8M in private placement
Coast Bancorp has raised $6.8 million through a private placement of debt and equity, a capital infusion that the San Luis Obispo-based banking firm said will be used for future growth as it turns the corner toward profitability. The parent company of Coast National Bank said the raise included 4.8 million shares of common stock Read More →
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By Elijah Brumback / Friday, June 13th, 2014 / Central Coast, Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on South Coast firms launch statewide hotel building spree with Pismo project
Two Santa Barbara firms are backing a 30-year veteran of the hospitality development market and his plans to build out hotels along the California coast, with the first test project taking shape in Pismo Beach.
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By Elijah Brumback / Friday, June 13th, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on South Coast housing demand drives demolition of State Street hotel
Plans to bulldoze a profitable hotel on Upper State Street in Santa Barbara are moving forward as pent-up demand for housing means South Coast developers can price middle-market condos in the $1 million range.