Heritage Oaks’ Q1 profits jump as bank prepares to pay off TARP
Heritage Oaks Bancorp reported a $3.7 million first-quarter profit, up 131 percent over a year earlier, and said it is gearing up to repay $25 million in bailout funds it took at the height of the recession. The repayment comes with the announcement that two sets of banking regulators have lifted an order over the Read More →
Marian becomes Level III Trauma Center
Marian Regional Medical Center in Santa Maria has officially become a Level III Trauma Center, enabling the hospital to take in seriously injured and emergency patients. The county of Santa Barbara’s Emergency Medical Services Agency designated Marian as a trauma center on April 26, a month after a team of surveyors conducted an on-site evaluation Read More →
Goleta Entrepreneurial Magnet hires executive director
A public-private initiative to lure more tech businesses to Goleta has hired its first executive director. The Goleta Entrepreneurial Magnet, or GEM, appointed Doug Lynch to lead the group, which is a collaboration between the city of Goleta, the Goleta Valley Chamber of Commerce and UC Santa Barbara designed to create and maintain a tech Read More →
Cool Planet to move HQ, but will keep R&D in Camarillo
Camarillo-based Cool Planet Energy Systems, one of the fastest-rising startups in the region, may relocate its headquarters and build a factory in the Denver area. The company has designed a mechanical system that uses heat and pressure to turn feedstocks such as grass into gasoline-blendable fuels, generating a byproduct called biochar that can be used Read More →
Miller McCune named 2013 Business Hall of Fame inductee
Pacific Coast Business Times will break its own glass ceiling this year when it installs Sage Publications co-founder, chair and owner Sara Miller McCune into our Business Hall of Fame. With her late husband George, Miller McCune launched Sage Publications in New York in 1965 with what the Sage website describes as the the proceeds Read More →
