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Nipomo oil refinery fight bubbles over

By   /  Friday, February 21st, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Nipomo oil refinery fight bubbles over

A fight over expansion at an oil refinery near Nipomo has taken shape, with the source of new oil and a potential clash between federal and county regulation of railroads emerging as key issues.

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Stepping up the pace: LeftLane Sports looks to double workforce in 2014

By   /  Friday, February 21st, 2014  /  Central Coast, Features, Technology, Top Stories, Tri-County Economy  /  Comments Off on Stepping up the pace: LeftLane Sports looks to double workforce in 2014

LeftLane Sports has hit the ground running. Five years after its inception, the sporting goods retailer has close to 90 people working in San Luis Obispo and plans to have as many as 180 by the end of the year.

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Templar banks on grapes: Asset-based lender launches winery arm

By   /  Friday, February 21st, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Wine & Viticulture  /  Comments Off on Templar banks on grapes: Asset-based lender launches winery arm

Templar Capital does asset-based lending and recently launched Vintners Capital, a lending arm that caters specifically to wine-related businesses by lending against wine-club subscriptions and equipment, along with other collateral.

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Sanford, free of debt, looks to future at Alma Rosa Winery

By   /  Friday, February 21st, 2014  /  Central Coast, South Coast, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Sanford, free of debt, looks to future at Alma Rosa Winery

Richard Sanford, free of a crushing debt burden, says he is excited about the future of Alma Rosa Winery and Vineyards and his role there, even though he has lost ownership.

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DenMat acquires portfolio of oral hygiene products

By   /  Thursday, February 20th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on DenMat acquires portfolio of oral hygiene products

DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move some of that firm’s operations to its Lompoc headquarters, the company said Feb. 20. Terms of the deal were not disclosed.

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Heritage Oaks and Mission Community merger to close Feb. 28

By   /  Thursday, February 20th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Heritage Oaks and Mission Community merger to close Feb. 28

The $56 million deal will make Heritage Oaks the largest community bank in the Tri-Counties, with about $1.6 billion in assets.

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Mindbody raises $50M for global push

By   /  Thursday, February 20th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Mindbody raises $50M for global push

San Luis Obispo-based Mindbody has raised $50 million in new capital, its largest amount to date, that will used to fund global expansion and mobile product development. The raise brings its total venture capital raised thus far to more than $110 million and likely marks the largest-ever raise in San Luis Obispo County.