Muñoz Schnopp bankruptcy filing reshapes 44th District race
By Tony Biasotti / Friday, April 4th, 2014 / East Ventura County, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Muñoz Schnopp bankruptcy filing reshapes 44th District race
Port Hueneme City Councilwoman Sylvia Muñoz Schnopp filed for personal bankruptcy on March 12, the same day she dropped out of the race for a State Assembly seat. Muñoz Schnopp, a Republican, had filed a statement of intent to run in the June primary for the 44th Assembly District. The district covers most of Ventura Read More →
Irrigation technology firm raises $3.5M
By Staff Report / Thursday, April 3rd, 2014 / Agribusiness, Central Coast, Technology, Top Stories / Comments Off on Irrigation technology firm raises $3.5M
San Luis Obispo-based Hortau, a company that makes cloud-based irrigation control systems for farmers, has raised $3.5 million in financing from Avrio Capital.
SMS Masterminds raises $12.2M, becomes public
By Stephen Nellis / Thursday, April 3rd, 2014 / Central Coast, Technology, Top Stories, Tri-County Public Companies / 2 Comments
San Luis Obispo-based SMS Masterminds has raised $12.2 million through its parent company and will soon bring a new public company headquarters to the Central Coast.
Ventura surgical products firm wins $30M trademark verdict
By Staff Report / Thursday, April 3rd, 2014 / Law & Goverment, Technology, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura surgical products firm wins $30M trademark verdict
A Ventura-based surgical products company won a $30 million jury verdict today in a trademark infringement lawsuit. The verdict is the second attempt at a decision for Neurovision Medical Products, which sued San Diego-based medical device firm NuVasive in 2009. Neurovision alleged that NuVasive willfully infringed on the Ventura company’s “Neurovision” trademark. A jury in Read More →
Disease-carrying citrus psyllid found in SLO County
By Staff Report / Tuesday, April 1st, 2014 / Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County / Comments Off on Disease-carrying citrus psyllid found in SLO County
The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →
Updated: Select Staffing files pre-packaged Ch. 11 bankruptcy
By Staff Report / Tuesday, April 1st, 2014 / Banking & Finance, South Coast, Top Stories / 1 Comment
The Select Staffing Family of Companies, the Santa Barbara-based staffing services giant, filed a pre-packaged Chapter 11 bankruptcy on April 1 listing between $50 million and $100 million in debts and $100 million to $500 million in assets.
Vandenberg apartments sell in Lompoc area’s largest deal in 3 years
By Staff Report / Monday, March 31st, 2014 / Central Coast, Latest news, Real Estate, Top Stories, Tri-County Economy / 1 Comment
A 122-unit apartment complex near Vandenberg Air Force Base in Lompoc has been sold after listing for $14 million. The sale of the Vandenberg Garden Apartments marks the largest sale of multifamily property in north Santa Barbara County since La Vista in Santa Maria changed hands in 2011 for $42 million, according to Radius Read More →