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By Tom Bronzini / 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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By Staff Report / 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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By Staff Report / 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.
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By Stephen Nellis / Wednesday, February 19th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Chinese firm to pump $665M investment into Santa Maria oil field
One of the most prominent oil field redevelopments in Santa Barbara County is set to be acquired by a Chinese jewelry firm. Houston-based ERG Resources confirmed to the Business Times that it is set to be acquired by Beijing-based Goldleaf Jewelry Co., a jewelry firm that also has gold mining investments.
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By Staff Report / Tuesday, February 18th, 2014 / Banking & Finance, Banking Industry, Central Coast / Comments Off on Mission Community shareholders approve $56M acquisition
Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.
