Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition
For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →
State extends deadline for $500M in small business grants
The state of California has extended the application period for the first round of its Small Business COVID-19 Relief Grant Program until Jan. 13, after the initial deadline was plagued with technical issues due to high web traffic and large numbers of interested businesses. California’s Office of the Small Business Advocate, which is part of Read More →
Dignity Health restructures, names new division chief
Dignity Health Central Coast, the biggest hospital network in the tri-county region, is becoming CommonSpirit Health—and much about the hospital chain is changing, starting at the top. On Dec. 30, Dignity Health Central Coast CEO and President Chuck Cova announced his retirement. As he steps down, the nonprofit hospital chain is restructuring by expanding the Read More →
Teledyne to buy Flir in $8B deal
Teledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →
Pierpont Cottages property near Ojai donated to Thacher School
Eric Goode, a filmmaker, conservationist and nightlife entrepreneur, bought the Pierpont Cottages property just outside of Ojai earlier this year, but he didn’t keep it for long. In March, Goode bought the property from Philip Pierpont, III, Robert Pierpont and Lawrence Sorenson, who was acting as a special trustee of the Philip and Mary Pierpont Read More →
Coming in 2021: Economic recovery, eventually
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Restaurant losses mount since outdoor dining ban
Restaurants across the country have been decimated by the COVID-19 pandemic, and the latest stay-home order in Southern California hasn’t helped. One restaurant owner said sales are down 80% since outdoor dining ended.
