New study puts Vandenberg at $5.8B in economic impact, 20K jobs
Central Coast, Latest news, middle, Technology, Top Stories, Tri-County EconomyEditor’s note: This article was updated shortly after it was posted to include information about the planned renaming of the base. Vandenberg Air Force Base was responsible for 20,000 jobs and $5.8 billion in economic activity in 2020, with room to grow to $7.9 billion in output by 2030, according to a new study by Read More →
Teledyne closes $8.2B Flir acquisition
Banking & Finance, East Ventura County, Latest news, South Coast, Technology, Tri-County Economy, Tri-County Public CompaniesThousand Oaks-based Teledyne Technologies completed its purchase of Flir Systems on May 13 when the stockholders of each company approved the $8.2 billion deal, Teledyne announced May 14. Flir, a thermal imaging company based in Oregon with a large presence in Goleta, is now part of Teledyne’s Digital Imaging Segment and operates under the name Read More →
Flights to start in June between SLO and San Diego, Portland
Central Coast, Latest news, Tourism, Tri-County EconomyEditor’s note: This article has been updated to correct a reference to Alaska Airlines’ Santa Barbara-San Diego route. That route has not begun service yet. Alaksa Airlines will begin flying between San Luis Obispo and both Portland and San Diego on June 17. Both routes were originally planned to start last year but were delayed Read More →
Business Times Hall of Fame: UCSB Chancellor Henry Yang
Higher Education, Latest news, left, South Coast, Special Sections, Technology, Top Stories, Tri-County EconomyEditor’s note: Henry Yang, the chancellor of UC Santa Barbara since 1994, is this year’s entry into the Pacific Coast Business Times tri-county business Hall of Fame. He will be honored in a virtual event on May 20. Register for the event here and check out the entire Hall of Fame special section here. He’s Read More →
UC, CSU campuses plan to require COVID-19 vaccinations in fall
Health Care & Life Science, Higher Education, Latest news, right, Top StoriesUC Santa Barbara, Cal Poly San Luis Obispo, CSU Channel Islands and the other 30 public four-year universities in California will require students and employees to be vaccinated against COVID-19 before they return to campus in the fall, the University of California and California State University systems announced April 22. The requirement will only go Read More →
Unemployment rate drops again in region and state
Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura CountyUnemployment in the tri-county region dropped to 6.4% in March, the second lowest rate since the pandemic began, according to Business Times analysis of data released by the California Employment Development Department on April 16. The regional and state job markets improved as COVID-19 declined from their January high mark. The tri-county unemployment rate was Read More →
Region’s unemployment down to 6.8% in February
Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura CountyThe tri-county region’s unemployment rate dropped more than a half a percentage point between January and February as the region began to emerge from the deadly winter surge of COVID-19 cases. The region’s combined unemployment rate was 6.8% in February, according to Business Times analysis of data released March 26 by the California Employment Development Read More →
