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By Staff Report / Friday, June 7th, 2013 / Green Coast, Latest news, Technology / Comments Off on Cool Planet funding hits $54M
Camarillo-based Cool Planet Energy Systems said on Friday that it had raised $29.9 million of what it expects to be a $100 million funding round for its first grass-to-fuel plant production facility. Cool Planet, which has received funding from Google Ventures and BP in the past, has designed a machine that uses heat and pressure Read More →
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By Marlize van Romburgh / Friday, June 7th, 2013 / Banking & Finance, Banking Industry, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $243M merger comes with fine, branch closures
PacWest Bancorp’s contentious acquisition of First California Bank has closed but the dust hasn’t settled yet on the $243 million merger. As the deal was sealed, the banks announced that federal regulators had ordered First California to pay a $600,000 fine and set up $1.1 million in restitution to more than 64,000 consumers who had Read More →
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By Stephen Nellis / Friday, June 7th, 2013 / Agribusiness, Law, Real Estate, Top Stories, Tri-County Economy / Comments Off on County to seize Lompoc pond for salamander
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By Dana Olsen / Friday, May 31st, 2013 / Central Coast Health Watch, Features, Nonprofits, Tri-County Economy / Comments Off on Nursing clinics back to health: SBNC redraws business model in fiscal emergency
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By Stephen Nellis / Friday, May 31st, 2013 / Features, Top Stories, Tri-County Economy / 1 Comment
Ventura-based developer Ronald W. Hertel has filed for personal bankruptcy, listing assets of $591,000 and debts of $118.4 million, likely signaling the final chapter in the spectacular collapse of his business empire. At his peak, Hertel claimed large stakes in homebuilder R.W. Hertel & Sons, private jets, vineyards and a thoroughbred horse ranch. He tried Read More →
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By Marlize van Romburgh / Friday, May 24th, 2013 / Top Stories, Tri-County Economy / Comments Off on As Santa Maria unemployment dips, valley looks to rebound
The Santa Maria Valley is on the upswing, and builders and businesses are taking note. In April, Santa Maria saw its unemployment rate dip below 10 percent for the first time in more than four years, according to a report released by the Santa Barbara County Workforce Investment Board on May 17. “Going below double Read More →
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