Herzog adds new winemaker from Napa
Agribusiness, Latest news, Tri-County Economy, West Ventura County, Wine & ViticultureHerzog Wine Cellars in Oxnard, one of the biggest wineries in the tri-county region, has a new winemaker. The winery announced July 26 that it has hired David Galzignato as senior winemaker and director of winery operations. He will oversee the entire winemaking operation, vineyard management and grower contracts, and will work with head winemaker Read More →
Street Smarts: Before his arrest, Barrack opened up, a little, about Trump years
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SLO County landfill secures private equity loan
Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County EconomyCGL Holdings, the owner of Chicago Grade Landfill in San Luis Obispo County, has secured a $9.5 million term loan from Columbia Pacific Business Finance, a Seattle-based private equity fund. CGL Holdings will use the money to refinance existing debt on the municipal waste landfill and recycling center near Atascadero and distribute proceeds to its Read More →
Pacific Western Bank earnings more than quintuple in Q2
Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public CompaniesPacWest Bancorp’s net income shot up more than 440% year-over-year as it saw strong loan growth and core deposit growth. The Los Angeles-based parent company of Pacific Western Bank, which has 15 branches in the tri-county region, recorded net earnings of $180.5 million, or $1.52 per diluted share, in the second quarter of 2021. In Read More →
Bank of the Sierra reports record earnings
Banking & Finance, Banking Industry, Central Coast, Earnings, East Ventura County, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies, West Ventura CountySierra Bancorp reported record earnings boosted by lower loan and lease losses and improvements to the overall economy, the bank announced July 19. The parent company of Bank of the Sierra said it had $11.7 million in net income for the quarter ended June 30, or 76 cents per diluted share, compared to $8.3 million Read More →
Teledyne secures Navy contract worth up to $39M
Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public CompaniesThousand Oaks-based Teledyne Technologies announced July 19 that its subsidiary, Teledyne Brown Engineering, was awarded a U.S. Navy contract for underwater drones worth as much as $39.2 million. The contract has a maximum base value of $27.4 million over five years, with five one-year option periods and a maximum value of $39.2 million if all Read More →
Good Works: Nonprofits honored in Sacramento; new board and staff members in region
Latest news, NonprofitsFive nonprofits in the tri-county region have been named Nonprofit of the Year for 2021 for their California legislative districts. State Sen. John Laird, whose 17th District includes all of San Luis Obispo County, has chosen to honor El Camino Homeless Organization, a nonprofit in San Luis Obispo that helps people struggling with hunger and Read More →
