April 3, 2024
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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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Lockheed relies on Trust: Motion-control firm lands defense contract

By   /  Friday, December 13th, 2013  /  Central Coast, Features, Small Business, Technology  /  Comments Off on Lockheed relies on Trust: Motion-control firm lands defense contract

San Luis Obispo-based Trust Automation is rapidly expanding on the heels of an important defense contract.

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Outside funds fuel county’s energy boom

By   /  Friday, December 13th, 2013  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Outside funds fuel county’s energy boom

Santa Maria Energy’s deal to go public and bring its total funds raised to date to an estimated $90 million caps a flurry of renewed investment and activity in Santa Barbara County’s oil fields, both onshore and offshore. In addition to 136 wells that Santa Maria Energy has planned, Denver-based Venoco has proposals before regulators Read More →

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Rivals team up on Paso Robles water as lawsuit threat looms

By   /  Friday, December 13th, 2013  /  Agribusiness, Central Coast, Top Stories, Tri-County Economy, Wine & Viticulture  /  Comments Off on Rivals team up on Paso Robles water as lawsuit threat looms

An agreement reached by two of the groups jockeying to shape the future of a water district in Paso Robles wine country won’t stop two lawsuits that could lead to years in court and millions of dollars in legal fees to sort out the water basin’s woes.

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Digital West adds New York node, looks to Australia

By   /  Thursday, December 12th, 2013  /  Central Coast, Latest news, Technology  /  Comments Off on Digital West adds New York node, looks to Australia

San Luis Obispo-based Digital West Networks has added a data co-location center in New York and is set to bring another online in Australia early next year.

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Paso groups agree on water plan

By   /  Thursday, December 5th, 2013  /  Agribusiness, Central Coast, Top Stories  /  Comments Off on Paso groups agree on water plan

With potentially expensive lawsuits looming in the background, two of the groups jockeying to shape the future of a water district in Paso Robles wine country have put aside their differences in hopes of avoiding years in court and millions of dollars in legal fees.

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Santa Maria Energy to raise $40M, go public

By   /  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.