Occam to stay in Goleta after merger
By Pacific Coast Business Times Staff / Monday, September 27th, 2010 / Top Stories / Comments Off on Occam to stay in Goleta after merger
The Northern California company set to buy Goleta-based Occam Networks in a $171 million deal says it will keep the company’s engineering staff on the South Coast and in Fremont largely intact after the merger. “We will continue to have an operation and engineering in Santa Barbara,” said Geoff Burke, marketing director for the buyer, Read More →
A new UCSB: University lays out 15-year growth plan
By Pacific Coast Business Times Staff / Monday, September 20th, 2010 / Top Stories / Comments Off on A new UCSB: University lays out 15-year growth plan
UC Santa Barbara, a billion-dollar-plus driver for the South Coast economy, is stepping closer to approval of a plan to make it an even bigger force in the region. As the Business Times went to press, the University of California Board of Regents was set to vote on whether to approve UCSB’s long-range development plan. Read More →
Power-One rides solar to sales growth
By Pacific Coast Business Times Staff / Monday, September 20th, 2010 / Top Stories / Comments Off on Power-One rides solar to sales growth
In the space of a month, Power-One has opened two factories in North America and become the second-largest maker of inverters for solar panels in the world. The Camarillo firm opened factories in Ontario, Canada, and Phoenix. Canadian production has already started, and production lines in Arizona are set to fire up in October, creating Read More →
Investigation puts Oxnard
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Investigation puts Oxnard
Oxnard’s efforts to rebrand itself as an “international city” may suffer as county and federal agents investigate the possible misappropriation of public money and conflicts of interest among city officials. But the ordeal should be “a footnote in history” by the time serious marketing of the new image begins several years from now, business leaders Read More →
For a song, and $81.5M: L.A. firms buy Serenade apartments.
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on For a song, and $81.5M: L.A. firms buy Serenade apartments.
When the Seranade apartment complex in Oxnard’s RiverPark development was sold Sept. 2 for $81.5 million, it was the biggest apartment sale in Ventura County in years. It was also a bet by its new owners that Oxnard has enough white-collar workers to support the 400-unit luxury complex. Three Los Angeles-area firms — Urban Partners, Read More →
Real estate firm files for $175M offering
By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Real estate firm files for $175M offering
Velocity Commercial Capital plans to raise $175 million in an initial public offering of its stock, a sign that it hopes investors still see money to be made in commercial real estate lending. The Westlake Village-based firm, which originates and acquires small-balance commercial real estate mortgages, filed documents with the U.S. Securities and Exchange Commission Read More →
Biofuel firm raises cool $3M
By Pacific Coast Business Times Staff / Monday, September 6th, 2010 / Top Stories / Comments Off on Biofuel firm raises cool $3M
Camarillo-based Cool Planet Biofuels has raised another $3 million and leased 50,000 square feet of space to propel the development of a biofuel system it says could produce usable gasoline with a negative carbon footprint. Cool Planet plans to use its newly leased space to start building what it dubs its “biomass fractionators.” Where traditional Read More →
