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Business is brewing: Firestone Walker climbs in craft beer rankings

By   /  Friday, February 21st, 2014  /  Features, Restaurants, Top Stories, Tourism, Wine & Viticulture  /  Comments Off on Business is brewing: Firestone Walker climbs in craft beer rankings

A server pours beer at Firestone Walker Brewing Co.’s Paso Robles campus, where the firm is building out more production space to gear up for more bottling. (Alex Drysdale / Business Times photo)

Firestone Walker Brewing Co. has big plans on tap, including another expansion at its Paso Robles campus, a new beer and the opening of a pilot brewery in the Los Angeles area.

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Heritage Oaks and Mission Community merger to close Feb. 28

By   /  Thursday, February 20th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Heritage Oaks and Mission Community merger to close Feb. 28

The $56 million deal will make Heritage Oaks the largest community bank in the Tri-Counties, with about $1.6 billion in assets.

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Mission Community shareholders approve $56M acquisition

By   /  Tuesday, February 18th, 2014  /  Banking & Finance, Banking Industry, Central Coast  /  Comments Off on Mission Community shareholders approve $56M acquisition

Shareholders of San Luis Obispo-based Mission Community Bancorp have voted overwhelmingly in favor of a proposed merger with Heritage Oaks Bancorp out of Paso Robles. The $56 million deal was announced in October 2013 and would leave Heritage Oaks as the survivor and the largest bank based in the Tri-Counties.

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Hotel developers embrace Paso Robles wine boom

By   /  Friday, February 14th, 2014  /  Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Hotel developers embrace Paso Robles wine boom

A hotel development frenzy in Paso Robles could double the number of rooms in town over the next 10 years, a figure that already has seen twofold growth since 2000 as wineries flourish.

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Tri-county cities scramble as state cuts water deliveries

By   /  Friday, February 7th, 2014  /  Agribusiness, Central Coast, East Ventura County, Green Coast, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Tri-county cities scramble as state cuts water deliveries

Customers of the State Water Project will not receive any water deliveries this year if current dry conditions persist, a cutback that could be troublesome for certain tri-county cities.

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Editorial: Smart management and technology could ease water woes

By   /  Friday, January 24th, 2014  /  Editorials, Opinion  /  Comments Off on Editorial: Smart management and technology could ease water woes

Gov. Jerry Brown’s timely drought declaration on Jan. 17 may become a pivotal moment in the history of California and the region. It may be the impetus needed to spur large infrastructure projects and get California’s vaunted technologists working on a problem.

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Heritage Oaks CFO resigns

By   /  Tuesday, January 14th, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories  /  Comments Off on Heritage Oaks CFO resigns

Mark Olson has resigned from his position as chief financial officer and executive vice president at Paso Robles-based Heritage Oaks Bancorp, tied as the largest bank based in the region with about $1.2 billion in assets.

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