CircaTerra revives Magellan’s history in Santa Barbara
By Staff Report / Monday, October 13th, 2014 / Latest news, Real Estate, Small Business, South Coast / Comments Off on CircaTerra revives Magellan’s history in Santa Barbara
A former South Coast standard in travel gear is returning to its Santa Barbara roots and operating under a new name. CircaTerra Travel Outfitters is planning an Oct. 24-26 grand opening with former Magellan’s Travel Supplies CEO Mark Gallo and his wife Kathy at the helm. The pair bought the former Magellan’s retail store in Read More →

Herds shrink, ranchers suffer as drought takes toll
By Marissa Wenzke / Friday, October 10th, 2014 / Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Tri-County Economy / Comments Off on Herds shrink, ranchers suffer as drought takes toll

Cattle ranchers all over the Tri-Counties are reeling from the effects of the drought, with the last decade of unusually warm, dry conditions making the industry especially difficult to continue in the county where it has previously prospered most — San Luis Obispo.

The Nobel effect: UCSB laureates have a big impact on regional economy
By Elijah Brumback / Friday, October 10th, 2014 / Latest news, Nonprofits, Small Business, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on The Nobel effect: UCSB laureates have a big impact on regional economy

The list of Nobel laureates at UCSB continues to grow and with it so do the number of tech company startups spun-out of the university.
Channel Technologies buys Massacusetts defesnse firm
By Erika Martin / Thursday, October 9th, 2014 / Latest news, South Coast, Technology / Comments Off on Channel Technologies buys Massacusetts defesnse firm
Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →
Shopping Center trades hands for $23.3M in Ventura
By Elijah Brumback / Wednesday, October 8th, 2014 / Real Estate, West Ventura County / Comments Off on Shopping Center trades hands for $23.3M in Ventura
Sizable retail-based transactions keep popping up along the Highway 101 corridor. The latest of these is the Ventura Village Shopping Center in Ventura, which was recently sold to an undisclosed private company for $23.3 million. The seller was Regency Centers, a publicly-traded real estate investment trust headquartered in Jacksonville, Florida. Ventura Village is an approximate Read More →
Blue LED pioneer Nakamura becomes UCSB’s sixth Nobel laureate
By Erika Martin / Tuesday, October 7th, 2014 / South Coast, Technology, Top Stories / Comments Off on Blue LED pioneer Nakamura becomes UCSB’s sixth Nobel laureate

Click here for the Business Times’ updated coverage. UC Santa Barbara professor Shuji Nakamura and two scientists based in Japan, Hiroshi Amano and Isamu Akasaki, were chosen as recipients of the 2014 Nobel Prize in Physics. The committee selected the team for its invention of the blue light-emitting diode, or LED, which allows white light to Read More →
J.D. Power explores Westlake lease alternatives
By Elijah Brumback / Friday, October 3rd, 2014 / East Ventura County, Real Estate, Top Stories, Tri-County Economy / Comments Off on J.D. Power explores Westlake lease alternatives
The future of the J.D. Power and Associates headquarters in Westlake Village is up in the air and a move to consolidate two Southern California offices could be on the horizon. The big question is where the global marketing services firm and its approximately 250 Ventura County employees will land. The company’s lease at its Read More →