The Santa Maria Valley Chamber of Commerce has renamed its Citizen of the Year Award for outgoing President Bob Hatch and given him the inaugural honor. The change was announced at the chamber’s annual dinner on Aug. 13. The award is now called the Robert P. Hatch Citizen of the Year award. In accepting the Read More →
CoastHills Credit Union, the region’s largest credit union, has extended its reach from the southern edge of the Bay Area to the Los Angeles County line. The $750 million-asset financial institution said Aug. 13 that its July conversion from a federal to a state charter will allow it to set its service area as the Read More →
Shares of Goleta-based Inogen climbed 4.3 percent in after-hours trading on Tuesday as the medical-device maker reported better-than-expected second-quarter revenue and profit. The company, which went public earlier this year, makes portable at-home oxygen concentrators. Its second-quarter revenue soared 50.8 percent to $30.4 million, beating the Capital IQ Consensus Estimate by $6.5 million. Product sales Read More →
Santa-Barbara-based Persona Neapolitan Pizzeria has inked a franchising deal to open up to 20 stores in Florida across a 10-year span, kicking off a development plan the restaurant announced earlier this year. The State Street restaurant, which serves fast-casual, thin-crust, Neapolitan-style pizzas, is launching a string of stores in South Florida through Sager Management Read More →
An 80-acre residential development in Orcutt has been sold for an undisclosed amount. The project, called Bradley Village, was purchased by an area investment group called Bradley Ventures after listing for $8 million, according to Hayes Commercial Group, which represented the buyer in the deal negotiations. Also known as Key Site 30, the project is Read More →
Target Corp., the second-largest discount retailer in the U.S., is searching for a new site for a potential store in Goleta. It is no longer under contract to purchase the site long planned for a store at Hollister Avenue and Los Carneros Way in Goleta, insiders say, but several options remain open as the big-box Read More →
A design for a face-mask to protect farm laborers from dust, pesticides and sun damage took home the top spot at the first Spanish Startup Weekend in the U.S. The event, held the weekend of Aug. 1-3 in Santa Maria, gathered four teams who spent 54 hours working on prototypes and presentations for their Read More →