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Latest

Earnings down, assets up at Community Bank of Santa Maria

By   /  Tuesday, October 20th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Earnings down, assets up at Community Bank of Santa Maria

Total assets at Community Bancorp of Santa Maria rose in the third quarter of the fiscal year, even as net income fell, the bank announced Oct. 20. The parent company of Community Bank of Santa Maria saw total assets rise to $327.6 million, an increase of 24 percent from the same time in 2019. Net Read More →

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Latest

Income up at Bank of the Sierra

By   /  Monday, October 19th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Income up at Bank of the Sierra

Sierra Bancorp, the parent company of Bank of the Sierra, announced a record quarter as net income grew by 16 percent from a year earlier. Bank of the Sierra is based in Porterville, in the San Joaquin Valley, and has 12 branches in the tri-county region, the result of a series of acquisitions of Central Read More →

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Latest

Cal Poly kicks off startup competition

By   /  Friday, October 16th, 2020  /  Central Coast, Education, Latest news, Small Business, Startups, Technology, Tri-County Economy  /  Comments Off on Cal Poly kicks off startup competition

Central Coast companies looking for equity-backed funding now have the chance to make their case to investors through Cal Poly, San Luis Obispo.  Cal Poly’s Center for Innovation and Entrepreneurship Small Business Development Center SBDC opened its application for AngelCon 2021 on Oct. 16. AngelCon, an annual event heading into its fourth iteration, is a Read More →

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Latest

Region’s employment picture a little brighter

By   /  Friday, October 16th, 2020  /  Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Region’s employment picture a little brighter

The unemployment rates in Santa Barbara, Ventura and San Luis Obispo counties all continued to drop in September, and all three counties had healthier labor markets than the state a whole. The combined unemployment rate for the tri-county region was 7.9 percent in September, according to a Business Times analysis of data released Oct. 16 Read More →

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Latest

Port of Hueneme reports strong comeback from pandemic shutdowns

By   /  Thursday, October 15th, 2020  /  Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Port of Hueneme reports strong comeback from pandemic shutdowns

Business at the Port of Hueneme has exceeded its management’s expectations during the COVID-19 pandemic, port officials said Oct.15 at the Oxnard Chamber of Commerce’s annual “State of the Port” address. When the shutdown started in March, all 10 of the automobiles manufacturers that use the port stopped production of cars. The auto-cargo industry accounts Read More →

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Latest

Amazon coming to Oxnard next year

By   /  Friday, October 9th, 2020  /  left, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on Amazon coming to Oxnard next year

Amazon is opening a new fulfillment center at the Sakioka Farms Business Park in Oxnard, bringing more than 1,500 jobs with benefits when the facility opens next year. “This couldn’t have come at a better time, given the pandemic and the economic downturn,” City Councilwoman Carmen Ramirez said in a city news release. “The opportunity Read More →

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Latest

GeoLinks expands with new acquisition

By   /  Friday, October 9th, 2020  /  Latest news, Small Business, Technology, Tri-County Economy, West Ventura County  /  Comments Off on GeoLinks expands with new acquisition

GeoLinks, an internet service provider based in Camarillo, has acquired network assets including fixed wireless infrastructure and spectrum licenses from TPx Communications of Los Angeles, GeoLinks announced Oct. 9. The acquisition will help GeoLinks continue to grow and expand its network footprint in key regions across the state and beyond, particularly in the Bay Area Read More →

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