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Waste-to-energy company raises $500K, reports big loss

By   /  Friday, December 19th, 2014  /  Central Coast, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Waste-to-energy company raises $500K, reports big loss

Greenbelt Resources Corp., which counts Diversified Ethanol Corp. as a subsidiary, reported a loss of $217,469 for the third quarter compared to an $18,144 profit a year earlier amid a steep decline in revenue.

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Water district sues state to overturn $1.1M fine

By   /  Friday, December 19th, 2014  /  Central Coast, Latest news, Top Stories  /  Comments Off on Water district sues state to overturn $1.1M fine

The South San Luis Obispo County Sanitation District has upped the ante in its battle with the State Water Resources Control Board over a $1.1 million fine the district received for a sewer spill in 2010.

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Reporting oversight costs SCE $170,000 in penalties

By   /  Thursday, December 18th, 2014  /  East Ventura County, Latest news, Law & Goverment, Top Stories, West Ventura County  /  Comments Off on Reporting oversight costs SCE $170,000 in penalties

SCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.

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Simi chamber CEO set to retire

By   /  Thursday, December 18th, 2014  /  Latest news, Top Stories  /  Comments Off on Simi chamber CEO set to retire

Following a 30-year career with the chamber, Nixon will be moving to Sumerlin, Nevada, with her husband. The organization’s board of directors will be conducting a search for her replacement over the next five months.

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Kimpton sold to UK hotel group in $430M deal, Miramar delayed

By   /  Tuesday, December 16th, 2014  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Kimpton sold to UK hotel group in $430M deal, Miramar delayed

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

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Former Raytheon property in Goleta sells for $2.8M

By   /  Monday, December 15th, 2014  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Former Raytheon property in Goleta sells for $2.8M

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.

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Chairman says Santa Paula cleanup could finish this year

By   /  Monday, December 15th, 2014  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Chairman says Santa Paula cleanup could finish this year

On Nov. 18, a vacuum truck exploded at the Santa Clara unit and nearly 50 people were treated for injuries and irritation caused by some 1,000 gallons of hazardous material released, which officials told reporters was bursting into flames at the site.