December 1, 2024
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Heritage Oaks regulatory order removed

By   /  Monday, April 23rd, 2012  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on Heritage Oaks regulatory order removed

Paso Robles-based Heritage Oaks Bancorp has bucked a regulatory consent order placed on it two years ago. The news came on April 23, as the firm reported that it earned $1.6 million in the first quarter, a 204 percent increase over the same quarter a year earlier. The parent company of Heritage Oaks Bank and Read More →

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Paso Robles celebrates zinfandel’s roots as a heritage grape

By   /  Friday, April 20th, 2012  /  Central Coast, Columns, Wine & Viticulture  /  Comments Off on Paso Robles celebrates zinfandel’s roots as a heritage grape

Many vintners on Paso’s west side prefer the Old World, head-training method for zinfandel.

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Shuffle in N. Santa Barbara County foreshadows manufacturing boom

By   /  Friday, April 20th, 2012  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Shuffle in N. Santa Barbara County foreshadows manufacturing boom

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Bird-watching apps and electric Porsches: Startups pitch ideas

By   /  Friday, April 20th, 2012  /  Central Coast, Features, Small Business, Technology  /  Comments Off on Bird-watching apps and electric Porsches: Startups pitch ideas

Spring is startup time at the region’s universities.

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Adventures in business: Santa Margarita Ranch rebrands as sports destination

By   /  Thursday, April 19th, 2012  /  Central Coast, Features, Small Business  /  Comments Off on Adventures in business: Santa Margarita Ranch rebrands as sports destination

The historic San Luis Obispo County ranch is morphing from a vineyard and cattle ranch into a mecca for adventurers.

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Four Scolari’s stores to close; developer buys three properties

By   /  Thursday, April 12th, 2012  /  Central Coast, Latest news, Real Estate  /  Comments Off on Four Scolari’s stores to close; developer buys three properties

Scolari’s, a chain of regional grocery stores founded in the Central Coast more than three decades ago, is closing its four tri-county locations within the next 60 days. The real estate under three of the properties, in Santa Barbara, San Luis Obispo and Paso Robles, has been sold to NKT Commercial, a San Luis Obispo-based Read More →

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Umpqua to buy American Perspective Bank for $44.7M

By   /  Tuesday, April 10th, 2012  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Public Companies  /  Comments Off on Umpqua to buy American Perspective Bank for $44.7M

San Luis Obispo-based American Perspective Bank is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. Under the deal, announced April 10, Umpqua will pay $10 per share in cash for American Perspective. The San Luis Obispo bank’s three Central Coast branches will be rebranded as Umpqua Bank. The acquisition has been approved by Read More →