Steer clear of struggling Western economies and look to thriving Eastern markets. That was the advice from economist Sung Won Sohn to local business leaders at an Oct. 20 event in Santa Barbara. Sohn, a former Wells Fargo economist who now heads the Institute for Global Economic Research at CSU Channel Islands in Camarillo, and Read More →
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Windset Farms’ 3 million-square-foot greenhouse — one of the largest hothouse tomato facilities in the United States — is up and running in Santa Maria. The first crop of tomatoes will be ready for picking in mid-October, Windset President Steven Newell said on Friday. The tomatoes were planted in August in what Newell calls “Greenhouse Read More →
Chevron has big plans for remediation and commercial development of a 332-acre plot along the Tank Farm Road corridor of San Luis Obispo. But the petroleum giant says those plans don’t pencil out unless the city agrees to a development agreement that would have taxpayers reimbursing $11.1 million of the costs. San Luis Obispo city officials Read More →
Transphorm, the Goleta-based energy efficiency firm backed by $63 million from Google and other investors, has received a $3.6 million federal grant to improve solar panels. Transphorm’s technology uses a semiconducting material called gallium nitride to drastically reduce heat waste in electronic systems. The grant from the U.S. Department of Energy went to Transphorm in Read More →
The professional services and hospitality industries are leading the South Coast’s private-sector job creation, with each adding about 1,000 jobs since the recession ended.