Hall of Fame Announced
By Pacific Coast Business Times Staff / Monday, March 1st, 2010 / Top Stories / Comments Off on Hall of Fame Announced
In celebration of its 10th anniversary this year, the Pacific Coast Business Times is launching its first annual Tri-County Business Hall of Fame. The five people inaugurated into this year’s hall of fame are dynamic leaders who have shaped the tri-county region in unprecedented ways. They will be honored at the Business Times’ 10th Anniversary Read More →
CKE Restaurants to be acquired for $928M
By Pacific Coast Business Times Staff / Friday, February 26th, 2010 / Top Stories / Comments Off on CKE Restaurants to be acquired for $928M
Carpinteria-based CKE Restaurants, parent company of the Carl’s Jr. and Hardee’s fast food restaurants, announced Feb. 26 that it is being sold to Boston-based private equity firm Thomas H. Lee Partners for $928 million. The deal, expected to close in the second quarter of 2010, will include the assumption of about $309 million of CKE Read More →
Select Staffing going-public deal shelved
By Pacific Coast Business Times Staff / Monday, February 22nd, 2010 / Top Stories / Comments Off on Select Staffing going-public deal shelved
With its public option off the table, Santa Barbara-based Select Staffing is returning its focus to family ownership and a fundamentals-first approach to growth. Select, a temporary staffing firm, is the largest private company in the Tri-Counties, with revenue last year of $1.5 billion. Saddled with $535.5 million in debt and facing pressure from lenders Read More →
A flurry of transactions
By Pacific Coast Business Times Staff / Monday, February 22nd, 2010 / Top Stories / Comments Off on A flurry of transactions
It’s still not clear whether the real estate market will thaw in 2010, but the South Coast scene is certainly heating up. After months of sluggish sales volume and anemic pricing, credit lines seem to be loosening up and organizations big and small are looking for their own slice of the South Coast. Among them Read More →
Spotlight on innovation
By Pacific Coast Business Times Staff / Monday, February 15th, 2010 / Top Stories / Comments Off on Spotlight on innovation
The Santa Barbara area is emerging as a hub for light-emitting diode technology, from practical lighting designs on the market now to the cutting-edge laser technology of tomorrow. LEDs are taking hold in the lighting industry and have the potential to use 15 times less energy than incandescent bulbs. At the steel-in-the-ground level, Carpinteria-based architectural Read More →
PG&E spells out plans for wave project
By Pacific Coast Business Times Staff / Monday, February 15th, 2010 / Top Stories / Comments Off on PG&E spells out plans for wave project
Pacific Gas & Electric has unveiled crucial details about its proposed wave energy project off the coast of Vandenberg Air Force Base — a major step toward alternative electric power generation for the region. PG&E said the project could be operational by 2014, generating as much as 100 megawatts of power and providing permanent non-fossil-fuel Read More →
Nobel laureate kick-starts CSUCI institute
By Pacific Coast Business Times Staff / Monday, February 8th, 2010 / Top Stories / Comments Off on Nobel laureate kick-starts CSUCI institute
California State University, Channel Islands, is launching a new social business institute it hopes will revolutionize its curriculum — and it has a Nobel laureate as its pitchman. CSUCI will feature Muhammad Yunus, founder of the Grameen Bank, in a keynote event on Feb. 26 that also launches the university’s new California Institute for Social Read More →
