Stantec to buy tri-county engineering firm Penfield & Smith
Central Coast, East Ventura County, Real Estate, South Coast, Technology, Top Stories, West Ventura CountyStantec, a large publicly traded design and consulting company, is acquiring Santa Barbara-based engineering firm Penfield & Smith. Terms of the deal, expected to close in October, were not disclosed. Penfield & Smith has regional offices in Santa Barbara, Camarillo and Santa Maria. The company had revenue of $16 million last year, according to Business Read More →
Amgen seeks approval for new cholesterol drug
Banking & Finance, Technology, Tri-County Public CompaniesAmgen became the first drugmaker to seek U.S. regulatory approval for a new class of cholesterol-lowering treatments after it submitted an application to the Food and Drug Administration on Thursday for evolocumab. Thousand Oaks-based Amgen said the drug works by blocking a naturally occurring protein called PCSK9 that prevents the liver from removing LDL cholesterol, Read More →
QAD’s second-quarter profits drop despite record revenue
Banking & Finance, Personal Finance, South Coast, Technology, Tri-County EconomyShares of Summerland-based business software firm QAD fell Aug. 27 on news that the company’s second-quarter profits dropped 24.2 percent to $985,000. QAD reported record revenues and higher operating income during the second quarter. Its total revenue climbed 12 percent to a second-quarter record of $73.1 million, it said, up from $65.2 million in the Read More →
50 Fastest-Growing Companies 2014 announced
Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura CountyLearn more about this year’s featured companies and the Sept. 18 awards event.
In their own words: Spirit of Small Business 2014 winners
Central Coast, East Ventura County, Green Coast, Small Business, South Coast, Top Stories, Tri-County Economy, West Ventura CountyThe Pacific Coast Business Times’ 2014 class of Spirit of Small Business winners were honored at an awards luncheon on Aug. 14, 2014 following the publication of a special edition on July 25, 2014. The special section, produced in partership with the U.S. Small Business Administration, highlights entrepreneurship in the Tri-Counties, with profiles on successful Read More →
