Cal State Workers Are Getting a One-Time Bonus, Paid for by a $144 Million Loan Due Next Year
CalMatters: The California State University system will seek a state loan of $144 million that it’ll have a year to repay at no interest, even though current projections show the system will have to add to its deficit to repay the debt.
A Once Financially Submerged City Resurfaces in Style
The Back Story: Mountain House’s startling comeback is the stuff of suburban legend
It sounds like an urban legend, or maybe a suburban one: A town in San Joaquin County is declared “the most underwater” municipality in the United States. But in little more than a decade, the town has become not only California’s newest incorporated city but also a thriving community with elegant homes, neighborhood schools and three varieties of local parks.
Here’s What a Mergers & Acquisitions Deal Looks Like in Sacramento
The Capital Region isn’t known as a hot M&A market, but notable deals do happen here
From a sushi restaurant acquired by a Japanese conglomerate to a public affairs company sold to a firm in London, a surprising number of Sacramento-based small business end up being part of international M&A deals.
‘We’ve Shown Sacramento the Best Baseball in the World’: First Year With A’s in Sacramento Draws a Total 1.1 Million Fans
A’s finish first season of unique Sutter Health Park sharing experiment with the River Cats
You never know what you might see at an MLB game, as
Sacramento learned this year.
The Power of Plums
Family business spotlight: The Taylor sisters turned their family’s heritage farm into a prestigious skincare line
Jacqueline, Allison and Elaine Taylor traveled with their father to Asia as he expanded Taylor Brothers Farms’ organic prune business. All this family immersion laid the groundwork for when they decided to branch out and form their own plum-related company Le Prunier.
From Small Prune Farm to Global Enterprise
Family business spotlight: Taylor Brothers Farms in Yuba City is the world’s largest organic dried prune producer
When Earl Gorman Taylor planted his first plum tree on the 70 acres he bought in Sutter County in 1916, he could never imagine that his grandson Richard would one day turn it into a global empire. That’s exactly what Taylor Brothers Farms is now — the world’s largest producer and global distributor of organic prunes and prune products.
Wine and Family, Aging Gracefully Together
Family business spotlight: The sixth generation of an ag family keeps growing at Heringer Estates
In a delicious coincidence, the year that Heringer Estates in Clarksburg introduced its pinot noir was the same year the film comedy about wine lovers, “Sideways,” with its references to the same varietal, hit theaters. “Our sales just soared in 2004,” says Mike Heringer, CEO and winemaker at his eponymous, six-generation family business.
Unseen Bonds
Family business spotlight: Greg Padilla Bail Bonds is built on a code through 3 generations
From one vantage point, the Padillas — Greg, Topo and Brandon — are the most-multi-faceted professionals working in the Capital Region’s courts. The success of their bail bonds business over four decades involves how many hats each of the three generations can wear.
101 Years of Hustle
Family business spotlight: The Gini family of Collins Electrical Company look to the future
Collins’ first major project was a state hospital in Stockton in 1929, followed by another in Mendocino. More recent projects include the Monterey Bay Aquarium, Fresno Chaffee Zoo, Candlestick and Sutter Health parks, and many casinos.
Recycling and Resilience
Family business spotlight: Vietnamese refugee’s side job turned into a major recycling business
Ming Luong started Ming’s Recycling in 1987, less than a decade after the Luong family arrived in the U.S. They were among the millions of people who fled Vietnam following the fall of Saigon, riding a fishing boat to a refugee camp in Malaysia before a church group sponsored their relocation to Laramie, Wyoming.