James Reilly has been pushing for a new manufacturing plant to bring about 100 new jobs to Santa Maria for two years, and now the real work of getting it financed is about to begin.
Italian fashion firm Diesel is hoping to enforce a $5.5 million judgment against Global Brand Marketing Inc., the Santa Barbara-based footwear firm led by Killick Datta that was worth $500 million at its peak.
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.
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.
Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.