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American Riviera Bank has completed the purchase of a building in Paso Robles that will house its newest branch, the bank announced on Oct. 3. Located at 1601 Spring St., the branch is set to open in early 2018 and will be the first full-service branch of American Riviera Bank in San Luis Obispo County. Read More →
Cal Poly San Luis Obispo announced the launch of a 4.5 megawatt solar farm project Oct. 3 that will provide around a quarter of its total electricity usage. The university has contracted with REC Solar to finance construction and maintenance through a power purchase agreement. Construction began in late September and is expected to be Read More →
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The Bank of the Sierra took the final step toward closing its acquisition of the parent company of Ojai Community Bank on Sept. 22, with the announcement that OCB Bancorp shareholders had voted to approve the deal. The announcement was made a day after the OCB Bancorp shareholder vote. Ojai Community Bank will close on Read More →
The Cal Poly San Luis Obispo Center for Innovation and Entrepreneurship received $500,000 to fund startup development in the county as part of an effort to mitigate job losses from the proposed closure of the Diablo Canyon nuclear power plant. U.S. Rep. Salud Carbajal, D-Santa Barbara, announced on Sept. 18 that the Department of Commerce’s Read More →
By Jordan Cunningham California has a huge hole in our skilled labor force. Construction companies scramble to find carpenters, electricians, iron workers and those in other specialized careers that make up the construction workforce. Nearly 70 percent of California contractors said they’re having difficulty filling positions for installation specialists. Roughly 50 percent said it’s difficult Read More →