Resonant shipping more than 1 million pre-production parts
Goleta-based radio frequency filter designer Resonant announced Feb. 8 the first shipments of more than 1 million pre-production parts to four manufacturers by a licensee customer, under an agreement established in May of 2016. The agreement covered three high-volume frequency bands called Surface Acoustic Wave duplexers. “Shipping these pre-production parts represents one of the last Read More →
Read More →Bacara Resort & Spa in Goleta put up for sale
The Pacific Hospitality Group listed the Bacara Resort & Spa in Goleta for sale for an undisclosed amount, PHG Chief Investment Officer Kory Kramer said. The Irvine-based company has invested more than $25 million in upgrades and renovations since it purchased the resort in 2013 for an estimated $150 million to $180 million. Improvements included Read More →
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Lima One targets tri-county home flippers, rental investors
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Read More →Flat population, more competition spells trouble for restaurants
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Read More →Net income down at Deckers Outdoor
Deckers Outdoor, a footwear and apparel company based in Goleta, declared $41.03 million in net income for its third quarter 2017, ended Dec. 31, down more than 73 percent from the third quarter of 2016. For the first nine months of its fiscal year, the company earned $21.41 million, down from $145.97 million for the Read More →
Read More →American Riviera Bank’s net income soared in 2016
Santa Barbara-based American Riviera Bank reported net income of $4.1 million in 2016, or 94 cents per share, up from $1.3 million in 2015, or 48 cents per share, as the acquisition of The Bank of Santa Barbara has paid dividends, the company said. The all-stock transaction, completed in January 2016, created a combined institution Read More →
Read More →UCSB forecast predicts ‘new normal’ for water conservation
A mid-year forecast by the UC Santa Barbara Economic Forecast Project illustrated a “new normal” for water conservation measures but uncertainty for the economy in the wake of the election. Demand has fallen below 10,000 acre feet of water for the Goleta Water District after mandated conservation requirements. While not sustainable in the long term, Read More →
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