Power-One rides solar to sales growth
By Pacific Coast Business Times Staff / Monday, September 20th, 2010 / Top Stories / Comments Off on Power-One rides solar to sales growth
In the space of a month, Power-One has opened two factories in North America and become the second-largest maker of inverters for solar panels in the world. The Camarillo firm opened factories in Ontario, Canada, and Phoenix. Canadian production has already started, and production lines in Arizona are set to fire up in October, creating Read More →
Investigation puts Oxnard
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Investigation puts Oxnard
Oxnard’s efforts to rebrand itself as an “international city” may suffer as county and federal agents investigate the possible misappropriation of public money and conflicts of interest among city officials. But the ordeal should be “a footnote in history” by the time serious marketing of the new image begins several years from now, business leaders Read More →
For a song, and $81.5M: L.A. firms buy Serenade apartments.
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on For a song, and $81.5M: L.A. firms buy Serenade apartments.
When the Seranade apartment complex in Oxnard’s RiverPark development was sold Sept. 2 for $81.5 million, it was the biggest apartment sale in Ventura County in years. It was also a bet by its new owners that Oxnard has enough white-collar workers to support the 400-unit luxury complex. Three Los Angeles-area firms — Urban Partners, Read More →
Real estate firm files for $175M offering
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Real estate firm files for $175M offering
Velocity Commercial Capital plans to raise $175 million in an initial public offering of its stock, a sign that it hopes investors still see money to be made in commercial real estate lending. The Westlake Village-based firm, which originates and acquires small-balance commercial real estate mortgages, filed documents with the U.S. Securities and Exchange Commission Read More →
Biofuel firm raises cool $3M
By Pacific Coast Business Times Staff / Monday, September 6th, 2010 / Top Stories / Comments Off on Biofuel firm raises cool $3M
Camarillo-based Cool Planet Biofuels has raised another $3 million and leased 50,000 square feet of space to propel the development of a biofuel system it says could produce usable gasoline with a negative carbon footprint. Cool Planet plans to use its newly leased space to start building what it dubs its “biomass fractionators.” Where traditional Read More →
Head of the class: Lynda.com expands its Carpinteria empire
By Pacific Coast Business Times Staff / Monday, September 6th, 2010 / Top Stories / Comments Off on Head of the class: Lynda.com expands its Carpinteria empire
With the purchase of almost 60,000 square feet of space in Carpinteria, Lynda.com has become one of the biggest technology firms headquartered on the South Coast. The Internet-based firm calls itself “education as a service.” Users pay about $25 a month to access an online library of almost 900 software courses. Originally oriented toward creative Read More →
Cal Oaks deal puts small banks in play
By Marlize van Romburgh / Monday, September 6th, 2010 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Cal Oaks deal puts small banks in play
The $17.3 million proposed merger of Thousand Oaks-based California Oaks State Bank and a larger San Fernando Valley bank may hint at what the community banking world will look like in the aftermath of financial overhaul. Many smaller banks, especially those with less than $500 million in assets, are looking to their neighbors or larger Read More →
