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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Uncategorized / Comments Off on Teledyne assists with chemical defense
Thousand Oaks-based defense conglomerate Teledyne Technologies said March 5 that one of its companies won piece of a five-year $485 million support contract to help upgrade the Defense Department’s chemical and biological defense equipment. Huntsville, Ala.-based Teledyne Brown Engineering did not disclose the precise value of the deal but called it a “major task Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Uncategorized / Comments Off on Hotelier sued over wages
North San Luis Obispo County hotelier and one-time winery owner David Weyrich faces a lawsuit from the state labor commissioner demanding $450,000 in lost wages in penalties after scores of workers complained about how he ran the Carlton Hotel in Atascadero, the Tribune reported. The historic hotel also faces the revocation of its bar and Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Opinion / Comments Off on Santa Barbara needs its Silicon Valley link
Word that the Santa Barbara airport is about to lose its daily service to San Jose is a troubling development that threatens the 101 Technology Corridor’s link to the Silicon Valley. But examples from San Luis Obispo show that a strong lobbying effort by business interests can keep service going. We think that a coalition Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Opinion / Comments Off on Hollywood
Perhaps it was the moment that Montecito resident Jeff Bridges stepped on stage to accept his well-deserved Oscar for Best Actor on March 7. Perhaps it was the evening that music industry maven Mark Hartley turned on the lights at the Watermark restaurant in downtown Ventura. Or the moment when property titan Triliad Developers and Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Top Stories / Comments Off on Heritage Oaks gets $60M
Forty-eight hours after the release of a memorandum of understanding with regulators, Paso Robles-based Heritage Oaks Bank slammed the door on further proceedings when it announced it was raising $60 million in new securities. The infusion of preferred and convertible stock will make Heritage Oaks, with $947 million in assets, one of the best-capitalized banks Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Top Stories / Comments Off on Bound for China
While the U.S. auto industry recovers from dismal domestic sales in 2009, thousands of American-made vehicles are flowing through the Port of Hueneme each month bound for a booming Chinese market. The cars are being made in the Midwest, shipped by rail to Southern California and trucked to the port. From there, they go to Read More →
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By Pacific Coast Business Times Staff / Monday, March 15th, 2010 / Top Stories / Comments Off on Tech firms fight for Silicon Valley flights
South Coast technology companies are urging a regional airline to reconsider its move to cancel the only direct route between Santa Barbara and the Silicon Valley. In late February, SkyWest, the regional airline that operates United Airlines’ Santa Barbara service, said it will quit flying to San Jose in June. Santa Barbara tech firms with Read More →
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