Community choice aggregator brings new energy option to Santa Barbara County
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Unemployment in region, state rose in December as pandemic worsened
The tri-county region’s combined unemployment rate shot up from 6% in November to 7.4% in December as a wave of COVID-19 cases brought the most widespread business closures since the spring. The rest of the state suffered a similar fate, with California’s unemployment rate going from 8.1% in November to 9% in December, according to Read More →
Southwest announces destinations for Santa Barbara flights
Southwest Airlines will fly direct every day from Santa Barbara to Oakland, Las Vegas and Denver, starting April 12, the airline announced Jan. 21. Southwest said in December that it would begin serving Santa Barbara Airport in the spring, but did not disclose its routes or its timetable at that time. The routes announced Jan. Read More →
AppFolio building in Goleta sold
The three-building complex in Goleta that holds the AppFolio headquarters was sold, the commercial real estate firm CBRE announced Jan. 12. The 165,905-square-foot campus at 50-90 Castilian Drive was sold to Shopoff Realty Investments and Praelium Commercial Real Estate for an undisclosed amount, CBRE said. CBRE’s Sean Sullivan, Mike Longo, Todd Tydlaska and Will Pike Read More →
Flir’s Goleta infrared operation a big target of $8B Teledyne acquisition
For more than a decade, Teledyne Technologies has been attempting to get into the uncooled infrared market. With its acquisition of Flir Systems, announced Jan. 4, the multinational conglomerate based in Thousand Oaks might finally have the perfect opportunity to enter the commercial infrared space with a splash. Teledyne plans to spend approximately $8 billion Read More →
Dignity Health restructures, names new division chief
Dignity Health Central Coast, the biggest hospital network in the tri-county region, is becoming CommonSpirit Health—and much about the hospital chain is changing, starting at the top. On Dec. 30, Dignity Health Central Coast CEO and President Chuck Cova announced his retirement. As he steps down, the nonprofit hospital chain is restructuring by expanding the Read More →
Teledyne to buy Flir in $8B deal
Teledyne Technologies, a multinational conglomerate based in Thousand Oaks, will spend around $8 billion in cash and stock to buy Flir Systems, a thermal imaging company with a manufacturing and research and development facility in Goleta. The deal was announced early in the morning on Jan. 4, and has been approved by the boards of Read More →
