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Thornberg: SLO County poised to lead regional recovery

By   /  Friday, June 14th, 2013  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Thornberg: SLO County poised to lead regional recovery

With its wine grapes, relatively affordable housing and recovering labor market, San Luis Obispo County sits at the leading edge of the recovering in the Tri-Counties and statewide. That was the view from Chris Thornberg, founder of Los Angeles-based Beacon Economics, at the semi-annual Central Coast Economic Forecast held in Atascadero on June 6. Speaking Read More →

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Grass-to-gas firm to get $100M for first project

By   /  Friday, June 14th, 2013  /  Technology, Top Stories  /  Comments Off on Grass-to-gas firm to get $100M for first project

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$243M merger comes with fine, branch closures

By   /  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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County to seize Lompoc pond for salamander

By   /  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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ECA Medical expands into new Thousand Oaks facility

By   /  Friday, June 7th, 2013  /  Technology, Top Stories  /  Comments Off on ECA Medical expands into new Thousand Oaks facility

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State exec to shed light on insurance exchange costs

By   /  Friday, May 31st, 2013  /  Banking & Finance, Central Coast Health Watch, Small Business, Top Stories, Tri-County Economy  /  Comments Off on State exec to shed light on insurance exchange costs

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$118M Hertel bankruptcy signals end of saga

By   /  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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