Architectural products maker to leave Carpinteria
By Elijah Brumback / Thursday, August 21st, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Architectural products maker to leave Carpinteria
Forms+Surfaces plans to vacate its 65,000-square-foot campus in Carpinteria, a move that will affect 50 jobs as it shifts work to Arizona and other parts of California.
Limoneira buys stake in Chilean citrus packing operation
By Staff Report / Tuesday, August 19th, 2014 / Agribusiness, East Ventura County, Top Stories, Tri-County Economy / Comments Off on Limoneira buys stake in Chilean citrus packing operation
Limoneira Co. has purchased a 35 percent stake in a Chilean citrus business for $1.75 million. Santa Paula-based Limoneira said Tuesday that it had made the investment in Rosales, a citrus packing, marketing and sales operation based in La Serena, Chile. The operation is located in the coastal region of northern Chile, which is a Read More →
Infrared firms face off in smartphone market
By Stephen Nellis / Monday, August 18th, 2014 / South Coast, Technology, Tri-County Economy / Comments Off on Infrared firms face off in smartphone market
Affordable thermal imaging is coming to a smartphone near you, with the South Coast emerging as a technology hotspot. Goleta-based Tyrian Systems, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $28.3 million, is changing its name to Seek Thermal and will offer a camera that plugs into smartphones Read More →
Ventura County Credit Union purchases former Affinity Group HQ
By Staff Report / Monday, August 18th, 2014 / Banking & Finance, Banking Industry, East Ventura County, Real Estate, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura County Credit Union purchases former Affinity Group HQ

Ventura County Credit Union has purchased the 73,000-square-foot office building at 2575 Vista Del Mar Drive in Ventura for its new headquarters. The property was previously the corporate home of Affinity Group. The purchase price was not disclosed. The property previously changed hands for $4.4 million in late 2012, property records show. The credit union Read More →
Santa Barbara Community Bank to open on Carrillo Street
By Staff Report / Friday, August 15th, 2014 / Banking & Finance, Banking Industry, Real Estate, South Coast, Tri-County Economy, West Ventura County / Comments Off on Santa Barbara Community Bank to open on Carrillo Street
OCB Bancorp has taken over the 1,600-square-foot space at 21 E. Carrillo St. in downtown Santa Barbara for its new Santa Barbara Community Bank division. The location is a new branch for Ojai-based OCB Bancorp, which announced last month that it had tapped veteran banker Eloy Ortega to lead its expansion into the South Coast. Read More →
Billion-dollar bond bonanza bound for ballot box
By Marissa Wenzke / Friday, August 15th, 2014 / Banking & Finance, Central Coast, East Ventura County, Personal Finance, South Coast, Top Stories, Tri-County Economy, West Ventura County / 1 Comment
Tri-county school and community college districts are seeking passage this fall of bond measures totaling more than $1 billion, with many officials saying outdated buildings and overcrowded classrooms are the reason for the onslaught of financing initiatives. Across the region, at least 11 districts have successfully placed bond measures on the November ballot. The largest Read More →

A healthy image: Karl Storz counts on software to lead growth
By Stephen Nellis / Friday, August 15th, 2014 / South Coast, Technology, Top Stories, Tri-County Economy / Comments Off on A healthy image: Karl Storz counts on software to lead growth

An emphasis on video processing and precision manufacturing are driving growth at Karl Storz Imaging in Goleta.