May 10, 2024

		


| Wednesday, March 12th, 2014

Sonos discloses $535M in revenue

Technology, Top Stories

In a rare financial disclosure, Santa Barbara audio firm Sonos has disclosed that its 2013 revenue was $535 million and that total sales doubled during the past year.

| Wednesday, March 12th, 2014

Heritage Oaks names new CFO

Banking & Finance, Banking Industry, Tri-County Public Companies

Lonny Robinson has been named chief financial officer at Paso Robles-based Heritage Oaks Bancorp. Robinson, previously with Banc of California, will join Heritage Oaks as CFO and executive vice president on March 19.

| Tuesday, March 11th, 2014

Santa Maria chamber CEO Bob Hatch to retire

Central Coast, Top Stories, Tri-County Economy

Bob Hatch is retiring after 20 years as president and CEO of the Santa Maria Valley Chamber of Commerce, the largest business group in North Santa Barbara County.

| Tuesday, March 11th, 2014

Clean Diesel shares soar on Acura contract

Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy, West Ventura County

Clean Diesel said it has begun production of a new series of catalytic-emissions reduction products for the 2015 version of Honda’s gasoline-powered Acura TLX models. The announcement sent the Ventura-based firm’s shares soaring 74 percent higher in trading on March 11.

The Harbor Heights Manor at 801 Cliff Drive in Santa Barbara has been sold for $33 million, a record price for the city. (photo courtesy of Radius Commercial Real Estate & Investments)

| Monday, March 10th, 2014

Santa Barbara apartments break record with $33M sale

Real Estate, Top Stories

The Harbor Heights Manor apartment complex at 801 Cliff Drive in Santa Barbara has been sold to an undisclosed investor for $33 million, setting a new price record for the city, according to commercial real estate experts.

| Thursday, March 6th, 2014

Amgen to cut 252 jobs

Top Stories, Tri-County Public Companies

Thousand Oaks-based Amgen plans to lay off 252 employees in Thousand Oaks by the end of April, bringing the total jobs cut since 2007 from Ventura County’s largest private-sector employer to about 1,150.

| Thursday, March 6th, 2014

Hotel Oceana sells to Philadelphia firm for $41.7M

Real Estate, Top Stories, Tourism

Hersha Hospitality Trust said it purchased the 122-room Santa Barbara hotel as part of a strategy to get into one of the “highest-demand gateway markets in the United States.”