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Santa Barbara County bets $150K on economics of vitality

By   /  Friday, January 16th, 2015  /  Latest news, South Coast, Top Stories  /  Comments Off on Santa Barbara County bets $150K on economics of vitality

A new task force will be responsible for coordinating countywide efforts for growth, from working with tech startups along the South Coast to developing and drawing in business to the northern region of the county.

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State Treasurer Chiang talks budget balancing in Camarillo

By   /  Thursday, January 15th, 2015  /  Latest news, Top Stories, Tri-County Economy  /  Comments Off on State Treasurer Chiang talks budget balancing in Camarillo

Eight days into his first term as State Treasurer, John Chiang painted a largely upbeat picture of California’s future.

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Jordano’s closes $10.6M land deal, plans new facility

By   /  Thursday, January 15th, 2015  /  Central Coast, Latest news, Real Estate, Restaurants, Top Stories  /  1 Comment

Pacific Beverage plans to break ground on the facility in 2016. When complete, the entire division will move to the Cabrillo Business Park from its current Santa Barbara locations.

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Lynda.com to expand with $186M private equity raise from TPG

By   /  Wednesday, January 14th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on Lynda.com to expand with $186M private equity raise from TPG

Carpinteria-based Lynda.com has raised $186 milllion from a group of investors, earmarked for accelerating acquisitions, growth and new content Initiatives at the online learning platform.

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Limoneira Co. reports increased annual revenue, fourth-quarter loss

By   /  Monday, January 12th, 2015  /  Agribusiness, Earnings, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Limoneira Co. reports increased annual revenue, fourth-quarter loss

Santa Paula-based Limoneira Co. reported revenue of about $7 million for fiscal year 2014, along with a $2.8 million loss for the year’s fourth quarter.

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TekTegrity expands footprint with Central Valley acquisition

By   /  Monday, January 12th, 2015  /  Central Coast, Latest news, Technology, Top Stories  /  Comments Off on TekTegrity expands footprint with Central Valley acquisition

Although the value of the deal was not disclosed, the move solidified TekTegrity’s standing as San Luis Obispo County’s largest IT provider.

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Heritage Oaks accord strengthens BSA controls

By   /  Friday, January 9th, 2015  /  Banking & Finance, Banking Industry, Latest news, Law & Goverment, Top Stories, Tri-County Public Companies  /  Comments Off on Heritage Oaks accord strengthens BSA controls

The region’s largest community bank signed an agreement with the Federal Deposit Insurance Corp. that was made public at yearend. President and CEO Simone Lagomarsino told the Business Times the accord means the bank will “beef up” its programs and policies to prevent problems down the road.