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Olaplex IPO will raise around $1B, company says

By   /  Monday, September 20th, 2021  /  Banking & Finance, Latest news, middle, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Olaplex, a hair care products company founded in Santa Barbara, expects to price its initial public offering of common stock between $14 and $16 per share, the company announced Sept. 20. The company said it is offering 67 million shares, so at the midpoint of its anticipated price range, the shares would sell for around Read More →

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Facing jump in demand due to pandemic, Women’s Economic Ventures gets federal grant

By   /  Friday, September 17th, 2021  /  East Ventura County, Government, Latest news, Small Business, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County, Women Inc.  /  Comments Off on Facing jump in demand due to pandemic, Women’s Economic Ventures gets federal grant

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Region’s unemployment rate down to 5.9% in August

By   /  Friday, September 17th, 2021  /  Central Coast, East Ventura County, Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s unemployment rate down to 5.9% in August

The tri-county region’s unemployment rate dipped below 6% in August for only the second time since the COVID-19 pandemic began, according to a Business Times analysis of data released Sept. 17 by the California Employment Development Department. The combined unemployment rate for Ventura, Santa Barbara and San Luis Obispo counties was 5.9% in August, down Read More →

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Cannabis company closes purchase of former Houweling’s Tomatoes greenhouses

By   /  Wednesday, September 15th, 2021  /  Agribusiness, Banking & Finance, Latest news, right, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  No Comments

Glass House Brands, a publicly traded cannabis company, has closed its purchase of the former Houweling’s Tomatoes property near Camarillo. The 160-acre property has six greenhouses that total 5.5 million square feet. Glass House bought it for $93 million in cash, plus stock considerations, the company said in a Sept. 15 news release. The closing Read More →

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UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment

By   /  Friday, September 10th, 2021  /  Central Coast, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on UCSB economist: ‘Bad news and good news’ with plentiful jobs but high unemployment

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State thinks solar-cell windows are the Next big thing

By   /  Friday, September 10th, 2021  /  Energy, Green Coast, Latest news, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on State thinks solar-cell windows are the Next big thing

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Changing of the guard at CenCal as longtime CEO set to retire

By   /  Friday, September 10th, 2021  /  Central Coast, Central Coast Health Watch, Latest news, right, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Changing of the guard at CenCal as longtime CEO set to retire

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