July 15, 2025
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Developers back out of deal to buy Santa Maria parcels from Limoneira

By   /  Friday, March 7th, 2014  /  Banking & Finance, Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Developers back out of deal to buy Santa Maria parcels from Limoneira

Two housing developments in Santa Maria are back on the market after a potential buyer backed out of an $8.3 million deal with Limoneira Co.

Latest

Heritage Oaks to cut 60 jobs as Mission Community deal closes

By   /  Friday, March 7th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Heritage Oaks to cut 60 jobs as Mission Community deal closes

With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.

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Widow wins $4M verdict against Sierra Vista

By   /  Wednesday, March 5th, 2014  /  Central Coast, Health Care & Life Science, Top Stories  /  Comments Off on Widow wins $4M verdict against Sierra Vista

A San Luis Obispo jury has awarded $4 million to a woman who alleged that Sierra Vista Regional Medical Center and an affiliated surgeon conspired to conceal the cause of a her husband’s death.

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$50M infusion sets stage for Mindbody IPO

By   /  Friday, February 28th, 2014  /  Banking & Finance, Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on $50M infusion sets stage for Mindbody IPO

San Luis Obispo-based software firm Mindbody has raised $50 million in fresh venture capital, bringing its total funds raised to date to $98 million and positioning the company for a possible initial public offering this year or next.

Latest

DenMat drills down on growth strategy in Lompoc

By   /  Friday, February 28th, 2014  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on DenMat drills down on growth strategy in Lompoc

DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.

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Crossroads Center developer sues Best Buy over growth plans

By   /  Friday, February 28th, 2014  /  Central Coast, Law & Goverment, Real Estate, Tri-County Economy  /  Comments Off on Crossroads Center developer sues Best Buy over growth plans

In a suit filed last month in Santa Barbara County Superior Court, developer Santa Maria Associates 101 is suing Best Buy Stores and asking a court to affirm its rights to develop new pads in the center, which is located at Highway 101 and East Betteravia Road.

Latest

Film productions reel in $4.1M for SLO County

By   /  Thursday, February 27th, 2014  /  Central Coast, Latest news, Tourism  /  Comments Off on Film productions reel in $4.1M for SLO County

Film production in San Luis Obispo County is on a roll, creating an estimated $4.1 million economic impact last year over 183 filming days. Notable credits include ABC’s “The Taste” and a slew of car commercials.