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GoBiz director calls on communities to invest in workforce development

By   /  Thursday, July 24th, 2014  /  Central Coast, South Coast, Top Stories, Tri-County Economy  /  Comments Off on GoBiz director calls on communities to invest in workforce development

California’s sometimes inward-looking cities need to make economic and business development a key part of their plans. And they will probably have more success if they can think regionally about workforce and business issues. That was the message that Kish Rajan, director of the Governor’s Office of Business & Economic Development, or GoBiz, brought to Read More →

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Allergan to shutter Goleta facility, cut 300 jobs

By   /  Tuesday, July 22nd, 2014  /  Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Allergan to shutter Goleta facility, cut 300 jobs

Allergan will close its Goleta facility and eliminate about 300 positions there as part of a broader cost tightening effort as the Irvine company fends off a hostile takeover attempt. Allergan makes Botox and other cosmetic drugs and devices. The company became a major South Coast employer in 2005 when it bought breast implant maker Read More →

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Community West Bank COO dies

By   /  Monday, July 21st, 2014  /  Banking & Finance, Banking Industry, South Coast, Tri-County Economy  /  Comments Off on Community West Bank COO dies

Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and Read More →

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Network Hardware Resale becomes Curvature as strategy shifts

By   /  Friday, July 18th, 2014  /  South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Network Hardware Resale becomes Curvature as strategy shifts

Network Hardware Resale has changed its name to Curvature. The change comes as one of Goleta’s biggest employers shifts its focus away from selling used gear and toward becoming a technology consulting firm.

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Mixed-use project planned for midtown Santa Barbara corridor

By   /  Friday, July 18th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Mixed-use project planned for midtown Santa Barbara corridor

A new mixed-use development on upper De La Vina Street in Santa Barbara is the latest in a series of locally driven projects in the midtown neighborhood in the last few years.

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Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

By   /  Friday, July 18th, 2014  /  Small Business, South Coast, Technology, Tri-County Economy  /  Comments Off on Tracking trucks: ClearPathGPS offers fleet monitoring from the cloud

Two Santa Barbara software veterans have started ClearPathGPS to make that technology affordable and easy to use for fleets as small as five vehicles.

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L.A. developer snaps up Isla Vista complex for $6M

By   /  Friday, July 18th, 2014  /  Columns, Real Estate, South Coast, Tri-County Economy  /  Comments Off on L.A. developer snaps up Isla Vista complex for $6M

Elijah Brumback

Los Angeles investment firm Majestic Asset Management has purchased a 36-unit apartment complex in Isla Vista for about $6 million.

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