UCSB snags $20M grant
Latest news, TechnologyUC Santa Barbara’s materials researchers have received a $20 million grant to carry on their studies until at least 2017. The money came from the National Science Foundation. UCSB houses one of the foundation’s Materials Research Science and Engineering Centers and has received support since 1992. “Competition for these flagship centers is fierce,” Craig Hawker, Read More →
Calavo Growers’ Q3 profits bruised
Banking & Finance, Earnings, Latest news, Tri-County Public CompaniesFood marketer Calavo Growers saw earnings slide 54.4 percent to $2.7 million, or 18 cents per diluted share, despite higher revenues in the third quarter, it said Sept. 7. Its profits were constrained by high fruit costs in its fresh foods segment and a smaller supply of fresh avocadoes, it said, although sales jumped 44 Read More →
Heritage Oaks Bank names new CEO
Banking & Finance, Banking Industry, Latest news, Tri-County Public CompaniesSimone Lagomarsino will take the reins at Paso Robles-based Heritage Oaks Bank as president and CEO on Sept. 10. Lagomarsino succeeds current CEO Larry Ward, who announced his retirement earlier this year. Heritage Oaks, the parent of the Business First Bank brand in Santa Barbara, is the third-largest regionally based bank in the Tri-Counties. It Read More →
Camp Roberts gets $35M project
Latest newsCamp Roberts, the California National Guard base that straddles San Luis Obispo and Monterey counties near Paso Robles, is slated to receive a $34.8 million, 43,000-square-foot satellite communications facility. Almost all California National Guard troops who deployed to Afghanistan and Iraq passed through Camp Roberts for training. In addition to shooting ranges and assault courses, Read More →
Make It Work rolls into Costco
Latest news, TechnologySanta Barbara-based Make It Work has inked a deal to offer its consumer-oriented tech support services at 20 Costco store locations in Southern California. Make It Work’s fleet of signature red Mini Coopers performs tech support house calls throughout Southern California for consumers and very small businesses. Through the deal with Costco, a membership wholesaler, Read More →
NiMin drums up $4M
Banking & Finance, Latest news, Tri-County Public CompaniesNiMin Energy Corp., an independent oil company based in Carpinteria, has raised $4 million in a private placement with an Australian bank. NiMin owns and drills onshore oil fields near Bakersfield and in Wyoming and southern Louisiana. It said the money will go toward developing its assets near Bakersfield. NiMin said it sold 2.7 million Read More →
Venoco CEO offers to take firm private
Latest news[EDITOR’S NOTE: There’s an updated version of this story: “Venoco sued over CEO’s offer“] The CEO of oil and gas company Venoco wants to take the company private in a proposed buyback deal that would value the entire company at $734 million. Denver-based Venoco said Aug. 29 that CEO and Chairman Tim Marquez has offered Read More →
