A wind in Clipper
By Pacific Coast Business Times Staff / Monday, December 21st, 2009 / Top Stories / Comments Off on A wind in Clipper
Carpinteria-based Clipper Windpower is not going anywhere. The wind turbine maker has expanded rapidly and created hundreds of high-paying engineering and finance jobs on the South Coast in recent years. But it’s struggled with losses despite explosive sales, and on Dec. 9, industrial giant United Technologies Corp. agreed to buy a 49.5 percent stake in Read More →
Select slashes debt with public option
By Pacific Coast Business Times Staff / Monday, December 21st, 2009 / Top Stories / Comments Off on Select slashes debt with public option
In the region’s second major going-public transaction this year, Santa Barbara-based Select Staffing has agreed to a deal that would let it pay off $200 million in debt and become listed on a major stock exchange. With $1.4 billion in revenue in 2008, Select, a temporary staffing services firm, is the largest privately held company Read More →
A life of building
By Pacific Coast Business Times Staff / Monday, December 14th, 2009 / Top Stories / Comments Off on A life of building
David Bagwell was a bit of a celebrity in Moorpark. He and his wife spent years building a family business, which was featured several times on an ABC television reality show. Customers sought Bagwell almost as much for his good-natured personality as they did his skills as a contractor. When he took his life Nov. Read More →
Xirrus secures $20M deal
By Pacific Coast Business Times Staff / Monday, December 14th, 2009 / Top Stories / Comments Off on Xirrus secures $20M deal
Thousand Oaks-based Xirrus, a maker of high-performance wireless Internet gear, has secured a $20 million round of venture capital and all but declared plans to go public or pull off a sale soon. The deal, announced Dec. 1, is likely to be the single largest venture capital round announced in the Tri-Counties this year. It Read More →
Breaking news: PG&E to propose wave energy project
By Pacific Coast Business Times Staff / Friday, December 11th, 2009 / Top Stories / Comments Off on Breaking news: PG&E to propose wave energy project
In what could be a major step forward for alternative electric power generation for the region, Pacific Gas & Electric is preparing to seek approval to study a future wave energy project located off the California coast near Vandenberg Air Force Base. The project, which could take years to make operational, would generate as much Read More →
Changes at top for law firms
By Stephen Nellis / Monday, December 7th, 2009 / Top Stories / Comments Off on Changes at top for law firms
The largest law firm in the Tri-Counties has a new managing partner. Scott Samsky is taking the reins at Oxnard-based Nordman Cormany Hair & Compton after Tony Trembley held the managing partner position for six years. The shift marks a continued changing of the guard in Ventura County, whose growth in the last 30 years Read More →
Retail
By Pacific Coast Business Times Staff / Monday, December 7th, 2009 / Top Stories / Comments Off on Retail
Independent retailers from Thousand Oaks to Paso Robles are breathing a sigh of relief as they tabulate their Black Friday sales results. The traditional post-Thanksgiving shopping frenzy never quite materialized for tri-county merchants — who mostly managed to break even despite big box competition and cautious consumers — but it could have been worse. A Read More →
