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$114M slated to fuel Santa Maria Energy operations

By   /  Friday, January 10th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on $114M slated to fuel Santa Maria Energy operations

Santa Maria Energy has disclosed plans to pump up to $114 million into Santa Barbara County this year as it pursues its $1.2 billion in oil reserves and more than 7,700 potential drilling locations.

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Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

By   /  Friday, January 10th, 2014  /  Features, Small Business, West Ventura County  /  Comments Off on Dressed to the canines: PetPaint opts for loan over ‘Shark Tank’

Abe Geary passed up a funding offer from “Shark Tank” that would have turned over a 60 percent equity stake in the company, to direct its development personally.

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TekTegrity buy caps IT industry consolidation

By   /  Friday, January 10th, 2014  /  Central Coast, Technology, Top Stories  /  Comments Off on TekTegrity buy caps IT industry consolidation

San Luis Obispo-based TekTegrity has acquired Digital Foundation, continuing a wave of consolidation in the Central Coast IT services industry.

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New Sierra Vista chief takes helm during health care overhaul

By   /  Friday, January 10th, 2014  /  Central Coast, Health Care & Life Science, Top Stories, Tri-County Economy  /  Comments Off on New Sierra Vista chief takes helm during health care overhaul

Joseph DeSchryver steps into his new role as chief executive at Sierra Vista Regional Medical Center in San Luis Obispo amid seismic changes in the health care industry.

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Amgen’s chief financial officer to depart

By   /  Thursday, January 9th, 2014  /  East Ventura County, Latest news, Technology  /  Comments Off on Amgen’s chief financial officer to depart

Chief Financial Officer Jonathan M. Peacock is leaving Amgen to pursue broader career opportunities, the company announced. Michael A. Kelly has been named acting CFO.

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Calavo shares jump on higher avocado sales

By   /  Tuesday, January 7th, 2014  /  Agribusiness, Banking & Finance, Earnings, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Calavo shares jump on higher avocado sales

Shares of Calavo Growers soared 6.5 percent on Tuesday, when the Santa Paula-based produce marketer reported fourth-quarter revenue climbed 35 percent to $190.7 million on higher avocado prices and volume.

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SLO group spearheads broadband push

By   /  Monday, January 6th, 2014  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on SLO group spearheads broadband push

The Economic Vitality Corp. of San Luis Obispo County is launching a letter-writing campaign for a grant from the California Public Utilities Commission to form what would be called the Broadband Consortium of the Pacific Coast.