Editorial: Pacific Capital deal moving along
OpinionThere are signs that the $500 million investment by Ford Financial Fund into Pacific Capital Bancorp is inching forward. An increased offer to bondholders has met, we understand, with positive responses from a large group of investors. The expiration of TARP funding this fall means the U.S. Treasury might be highly motivated to swap its Read More →
Editorial: Small business is the real key to fixing state
OpinionA California Forward meeting for Ventura and Santa Barbara business leaders on June 16 provides a useful marker for how far California has come toward real reform — and how far it needs to go. Over the past several years, voters have overhauled the state’s method for drawing districts and, thanks in part to Lt. Read More →
Made in Santa Maria: Prince Lionheart puts its plastics plant to new uses
UncategorizedIf you bought anything made of plastic in the past 15 years, chances are it read “Made in China.” Central Coast Molding, a new venture launched by longtime Santa Maria manufacturer Prince Lionheart, is working to make more plastic products read “Made in the U.S.A.” Founded in 1973, Prince Lionheart has expanded to become a Read More →
Teledyne on another buying spree
FeaturesThousand Oaks-based Teledyne Technologies is back in acquisition mode. This month, the defense conglomerate made up of dozens of companies has bought two more: Optimum Optical Systems, a Camarillo firm that will complement Teledyne’s infrared imaging systems for unmammned aerial vehicles; and Intelek, a United Kingdom mini-conglomerate that makes electronic systems for satellite communications. Teledyne Read More →
