Santa Maria Energy drills down on search for private equity
By Stephen Nellis / Friday, May 9th, 2014 / Banking & Finance, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Santa Maria Energy drills down on search for private equity
Santa Maria Energy is on the hunt for private equity funding for its $120.7 million capital budget after a going-public deal fell apart.
Minicucci masterminds public listing for SMS
By Stephen Nellis / Friday, April 11th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on Minicucci masterminds public listing for SMS
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Last indie grocer leaves SLO as Whole Foods buys New Frontiers
By Marlize van Romburgh / Friday, April 4th, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Last indie grocer leaves SLO as Whole Foods buys New Frontiers
The sale sets the stage for Whole Foods’ first Central Coast store but also marks the departure of San Luis Obispo’s last independently owned grocery chain.
Disease-carrying citrus psyllid found in SLO County
By Staff Report / Tuesday, April 1st, 2014 / Agribusiness, Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County / Comments Off on Disease-carrying citrus psyllid found in SLO County
The Asian citrus psyllid, a tiny pest that spreads a disease fatal to citrus trees, has been discovered in San Luis Obispo County for the first time. The bug was found in an insect trap at a home near Arroyo Grande, the San Luis Obispo County Department of Agriculture said on April 1, prompting agricultural Read More →
Whole Foods buys New Frontiers in SLO for first Central Coast store
By Staff Report / Monday, March 31st, 2014 / Central Coast, Real Estate, Top Stories, Tri-County Economy / Comments Off on Whole Foods buys New Frontiers in SLO for first Central Coast store
Grocery giant Whole Foods Market has purchased the New Frontiers Natural Marketplace in San Luis Obispo, setting the stage for its first Central Coast store. Austin-based Whole Foods announced on March 31 that it has purchased the New Frontiers stores in San Luis Obispo and in Flagstaff, Prescott and Sedona, Ariz. Terms of the Read More →
Santa Barbara firms team up to buy Avila Beach hotel project
By Marlize van Romburgh / Friday, March 28th, 2014 / Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy / Comments Off on Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
Heritage Oaks and Mission Community merger to close Feb. 28
By Staff Report / Thursday, February 20th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy / Comments Off on Heritage Oaks and Mission Community merger to close Feb. 28
The $56 million deal will make Heritage Oaks the largest community bank in the Tri-Counties, with about $1.6 billion in assets.