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By Staff Report / Tuesday, December 10th, 2013 / Latest news, South Coast, Tri-County Economy / Comments Off on Lucas to retire from UCSB after 36 years
Gene Lucas, longtime executive vice chancellor of US Santa Barbara and a fixture on campus for more than three decades, will retire at the end of the year, the university said Dec. 10.
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By Stephen Nellis / Thursday, December 5th, 2013 / Central Coast, Top Stories, Tri-County Economy / Comments Off on Santa Maria Energy to raise $40M, go public
Santa Maria Energy is going public and raising at least $40 million in new capital — and possibly much more – which could put the firm’s total funds raised at an estimated $90 million.
Santa Maria Energy’s contentious project to drill 136 new oil wells in North Santa Barbara County received approval from the Santa Barbara County Board of Supervisors last month. The Supervisors imposed strict limits on the project’s carbon emissions, essentially implementing a 10,000-ton-per-year cap and requiring the company to buy carbon credits if it goes over that limit.
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By Staff Report / Wednesday, December 4th, 2013 / Central Coast, Real Estate, Tri-County Economy / Comments Off on HomeGoods signs $3.4M lease in SLO
Retail chain HomeGoods has signed a 10-year lease valued at $3.4 million at the Irish Hills Plaza in San Luis Obispo. It will replace OfficeMax in the 20,059-square-foot space.
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By Marlize van Romburgh / Friday, November 29th, 2013 / Health Care & Life Science, South Coast, Top Stories, Tri-County Economy / Comments Off on Sansum-Cottage deal heads to FTC for review
The future of health care in South Santa Barbara County became considerably clearer in recent days, with the biggest merger in decades headed off for regulatory review and hiccups in the delivery of care through the state insurance exchange and to the poor largely resolved.
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By Stephen Nellis / Friday, November 29th, 2013 / Technology, Top Stories, Tri-County Economy / Comments Off on Kavli remembered: Physicist employed thousands, gifted millions
Born in Norway, Kavli made his way to the United States after World War II to pursue physics and expand on his lifelong entrepreneurial streak. In the late 1950s, he founded Kavlico Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.
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By Stephen Nellis / Friday, November 29th, 2013 / Central Coast, Small Business, Tri-County Economy, Wine & Viticulture / Comments Off on Wine on wheels: Mobile bottling service works with vintners large and small
The Bottlemeister’s schedule is so busy that CEO Tom Nulman can only take on a few new clients a year. But he tries to make room for small operations, giving them the same pricing as larger clients, even if the lower volumes means he’ll only break even on a day of bottling.
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By Marlize van Romburgh / Friday, November 29th, 2013 / East Ventura County, Real Estate, Tri-County Economy / Comments Off on Target store in Westlake Village takes aim at mid-2014 opening
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