$28M Marriott hotel opens in Goleta
After nine years of planning and development, the $28 million Courtyard by Marriott in Goleta opened its doors Aug. 23. The 106-room hotel is located on three acres at 401 Storke Road, down the street from Isla Vista and a mile away from the UC Santa Barbara campus. Bob Olson, CEO of Irvine-based R.D. Olson Read More →
Read More →Qualstar cuts jobs amid $4.1M loss
Simi Valley-based Qualstar, a maker of tape-based hard-drive backups and power supplies, has laid off 13 percent of its workforce. The company said the employees were related to unprofitable technologies that it is phasing out, and the move is expected to save the company about $480,00 a year. The announcement came days after Qualstar said Read More →
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Gold standard for green: Lynda.com efforts raise bar for sustainability
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Read More →Oxnard Marriott sold for $11.4M
Nearly two years after a court appointed a receiver to take control of the Courtyard by Marriott in Oxnard after it was foreclosed upon, the hotel has been sold for $11.4 million. HREC Investment Advisors, a hospitality real estate advisory firm based in Denver and Los Angeles, arranged the sale of the 166-room hotel. The Read More →
Read More →UTC unloads Clipper to private equity firm
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Read More →TOLD Corp. founder Jack Gilbert dies
Ventura County business leader and philanthropist Jack Gilbert has died. He was 91. In 2010, Gilbert was an inaugural member of the Pacific Coast Business Times’ Business Hall of Fame, an honor which recognized him for his role as a developer in Ventura County and for his part in leading Thousand Oaks’ emergence as a Read More →
Read More →Mars rover taps regional firms
The Mars rover Curiosity is set to touch down around 10:30 p.m. on Sunday with parts from several Central Coast companies. Next Intent of San Luis Obispo made parts that help attach the wheels to the chassis of the rover, named the Mars Science Laboratory. Santa Maria-based Helical Products Co. made flexible couplings and machined Read More →
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