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Mafi-Trench gears up: Santa Maria manufacturer plans for new plant

By   /  Friday, December 20th, 2013  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Mafi-Trench gears up: Santa Maria manufacturer plans for new plant

James Reilly has been pushing for a new manufacturing plant to bring about 100 new jobs to Santa Maria for two years, and now the real work of getting it financed is about to begin.

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Diesel seeks $5.5M from defunct GBMI

By   /  Friday, December 20th, 2013  /  Law, South Coast, Top Stories  /  Comments Off on Diesel seeks $5.5M from defunct GBMI

Italian fashion firm Diesel is hoping to enforce a $5.5 million judgment against Global Brand Marketing Inc., the Santa Barbara-based footwear firm led by Killick Datta that was worth $500 million at its peak.

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Clean Diesel changes ethics rules after $1.9M federal fine

By   /  Friday, December 20th, 2013  /  Technology, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine

The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.

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2013 attendance at Savor the Central Coast climbs 5.8%

By   /  Thursday, December 19th, 2013  /  Central Coast, Tourism  /  Comments Off on 2013 attendance at Savor the Central Coast climbs 5.8%

San Luis Obispo County’s fourth annual Savor the Central Coast again posted growth in attendance and revenue.

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Updated: Parkers submit scaled-down plans for second waterfront hotel

By   /  Wednesday, December 18th, 2013  /  Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Updated: Parkers submit scaled-down plans for second waterfront hotel

The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.

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SLO Spencer’s to close, be replaced by Grocery Outlet

By   /  Monday, December 16th, 2013  /  Central Coast, Latest news, Real Estate  /  Comments Off on SLO Spencer’s to close, be replaced by Grocery Outlet

Spencer’s Fresh Markets in the Laguna Village Shopping Center in San Luis Obispo is closing at the end of January and will be replaced by two new stores, according to the business and mall management.

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In the Zone: Investors cash out on redevelopment projects

By   /  Monday, December 16th, 2013  /  Real Estate, Restaurants, South Coast, Tri-County Economy  /  Comments Off on In the Zone: Investors cash out on redevelopment projects

Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.

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