Clean Diesel shares soar on Acura contract
By Staff Report / Tuesday, March 11th, 2014 / Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Clean Diesel shares soar on Acura contract
Clean Diesel said it has begun production of a new series of catalytic-emissions reduction products for the 2015 version of Honda’s gasoline-powered Acura TLX models. The announcement sent the Ventura-based firm’s shares soaring 74 percent higher in trading on March 11.
Investor snaps up Sonos R&D facility in largest deal in 7 years
By Marlize van Romburgh / Friday, March 7th, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Investor snaps up Sonos R&D facility in largest deal in 7 years
A 47,000-square-foot property in Santa Barbara that music equipment maker Sonos leases for its world research and development headquarters has been sold for a reported $17.2 million after being listed for $21.5 million.
South Coast golfers trod parched courses amid drought
By Christine De La Cruz / Friday, March 7th, 2014 / Agribusiness, Central Coast, East Ventura County, Features, Green Coast, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County / Comments Off on South Coast golfers trod parched courses amid drought
Some of the greens on the South Coast are starting to look a little brown as regional golf courses cut back on watering amid California’s worsening three-year drought.
Developers back out of deal to buy Santa Maria parcels from Limoneira
By Marlize van Romburgh / 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.
Heritage Oaks to cut 60 jobs as Mission Community deal closes
By Marlize van Romburgh / 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.
Widow wins $4M verdict against Sierra Vista
By Staff Report / 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.
Ventura Harbor to get $10.5M for dredging project
By Staff Report / Tuesday, March 4th, 2014 / East Ventura County, Latest news, Tri-County Economy, West Ventura County / Comments Off on Ventura Harbor to get $10.5M for dredging project
The Ventura Harbor will receive $10.5 million in federal funding for a massive dredging project that it says is vital to its operations.