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ITT shuts T.O. facility, ATK expands in Goleta

By   /  Friday, December 9th, 2011  /  Technology, Top Stories, Tri-County Economy  /  Comments Off on ITT shuts T.O. facility, ATK expands in Goleta

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Pierpont owner files Chapter 11

By   /  Friday, December 9th, 2011  /  Top Stories, Tourism, Tri-County Economy  /  Comments Off on Pierpont owner files Chapter 11

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Venoco, state tangle over oil royalties

By   /  Friday, December 2nd, 2011  /  Top Stories, Tri-County Public Companies  /  Comments Off on Venoco, state tangle over oil royalties

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”02-06-2011″ enddate=”02-12-2011″ width=”300″ height=”245″] Venoco faces allegations from the State Lands Commission that it underpaid the state $9.5 million for the oil pumped from Platform Holly off the Goleta coast. The claims came in a lawsuit filed Nov. 16 by the State Lands Commission in Santa Barbara Superior Court. It Read More →

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Lenco Mobile proposes $42M merger deal

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Lenco Mobile proposes $42M merger deal

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Credit unions bank on consumer backlash

By   /  Friday, December 2nd, 2011  /  Banking & Finance, Banking Industry, Personal Finance, Top Stories  /  1 Comment

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New owners sink teeth into DenMat

By   /  Friday, November 25th, 2011  /  Top Stories  /  1 Comment

DenMat, the maker of Lumineers dental veneers and a major Santa Maria employer, has a new owner and a new chief executive. Centre Partners, a private equity firm, and Mill Street Partners, a firm founded this year by dentistry industry veterans, took control of the company on Nov. 15. The acquisition comes four years after Read More →

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El Encanto gets $45M in financing, plans to open next year

By   /  Friday, November 25th, 2011  /  Real Estate, Top Stories, Tourism  /  Comments Off on El Encanto gets $45M in financing, plans to open next year

The international hotel firm behind El Encanto Hotel in Santa Barbara has received $45 million in construction financing for the project and plans to open the luxury hilltop villas by late 2012. When all is said and done, Orient-Express Hotels will have spent more than $90 million to buy and renovate a project it’s not Read More →