OCC shows it lacks transparency
OpinionWe were disappointed to learn that a representative of the Office of the Comptroller of the Currency backed out of a recent speaking engagement at Coastal Business Finance, the Santa Maria-based leader in small business finance. Such a talk might have done a lot to help bankers and borrowers meet face-to-face with one of the Read More →
Power-Save raises eyebrows with the SEC
UncategorizedSan Luis Obispo-based Power-Save Energy Corp. posted some big revenue gains over the past two years, but financial observers and the Securities and Exchange Commission have criticized the firm for non-existent internal financial controls. Power-Save’s stock has also lost more than 90 percent of its value in recent months, and the firm was ordered to Read More →
Defense firms draw jobs
UncategorizedDefense and space contractors are adding scores of jobs and thousands of square feet of production space on the South Coast. In the midst of a down economy, the tri-county divisions of defense giants Raytheon and Alliant Techsystems, or ATK, are hiring for engineering and other high-paying positions and breaking ground on new facilities that Read More →
Plastics firm moves in on market
FeaturesPaso Robles-based Lindamar Industries is angling to become one of the top suppliers of custom-made plastic bags to the California coast’s rich agriculture industry. With 70 employees and a 40,000-square-foot factory, the company cranks out nearly 1.5 million bags each day. Its core customers are agribusinesses from Salinas to Oxnard, and it supplies the kind Read More →
Tank Farm gets a makeover
FeaturesBy Sara Hamilton on October 18, 2009. San Luis Obispo residents may not recognize Tank Farm Road by this time next year. Chevron, owner of the vacant land on either side of the busy street, has extensive development plans for its former crude oil storage facility. The petroleum giant wants to restore the land, dedicate Read More →
