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By Staff Report / Thursday, January 19th, 2012 / Latest news, Tri-County Economy / Comments Off on Haas shelves Oxnard expansion, looks to other states
Oxnard-based Haas Automation, the nation’s largest maker of computer-controlled machine tools, has shelved plans to construct a new facility in Ventura County and is instead looking to other states with more stable regulatory environments. The news came in a letter from Oxnard Mayor Tom Holden to Lt. Gov. Gavin Newsom’s office. In his letter, Holden Read More →
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By Henry Dubroff / Wednesday, January 18th, 2012 / Latest news, Tourism, Tri-County Economy / Comments Off on Santa Barbara hotel tax revenue on track for record
Thanks to a rebound in tourism, including an influx of foreign visitors, Santa Barbara is on pace to set a record for hotel tax revenue in 2011-12. While the city’s overall sales taxes also are increasing, they’ve not yet rebounded to pre-recession levels, said City Manager Jim Armstrong. He delivered the annual state of the Read More →
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By Dana Olsen / Friday, January 13th, 2012 / Features, Real Estate, Tri-County Economy / Comments Off on Cottage Hospital 2.0 — $700M rebuild makes public debut
One of the priciest construction projects in the history of Santa Barbara County, the new Santa Barbara Cottage Hospital is almost complete.
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By Stephen Nellis / Friday, January 13th, 2012 / Top Stories, Tri-County Economy / Comments Off on RDA shutdown looms for TO, Santa Barbara
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By Dana Olsen / Friday, January 13th, 2012 / Nonprofits, Top Stories, Tri-County Economy / Comments Off on Region’s community foundations bounce back
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By Staff Report / Monday, January 9th, 2012 / Latest news, Tri-County Economy / Comments Off on Port pumps $200M into region
Port Hueneme, a major entry point for cars and bananas in Ventura County, generates about $202 million in economic output and supports 1,516 jobs, according to a study released today. The report, issued by the Center for Economic Research and Forecasting at Thousand Oaks-based California Lutheran University, analyzed the port, which is the only deepwater Read More →
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By Marlize van Romburgh / Friday, January 6th, 2012 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy / Comments Off on Forecast: Businesses, banks look for new models
The Tri-Counties starts 2012 with six fewer local banks than it had before the start of the financial crisis, and the local economy continues to stutter through a broader recovery. But area economists and finance insiders say the region is doing better than the rest of California, boosted by its tourism and technology sectors, and Read More →