North Bay Business Journal

Monday, June 9, 2014, 5:00 am

Business News: Week of June 9, 2014

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    Banking & Finance

    Redwood Credit Union recently participated in Youth Awareness Month, promoting good saving habits and smart money skills for children and teens. This year’s motto was “Catch the $ave Wave.” That month, 3,109 young members made $1,093,200 in deposits into their accounts, and nearly 400 new youth accounts were opened.


    Sonoma Cider launched three draft ciders and named the company’s first official brand ambassador, Ronnie Vannucci Jr., drummer for American rock band The Killers. Additionally, Sonoma Cider continues to sign distribution partners: Republic National Distributing in Texas, Southern Wine and Spirits in Nevada, Click Wholesale in Washington State and Advintage Distributing in South Carolina.

    Consumer Products

    Novato’s Navitas Naturals released two new flavors to its award-winning ”Power Snacks” line, launched in 2011: Coffee-Cacao and Lemon-Goldenberry. The snacks are certified organic, gluten-free and kosher as well as dairy-free and minimally processed.


    Pacific Gas & Electric Co. is installing nearly 5,000 feet of underground electrical cable and equipment to increase reliability in the greater Fairfield area. In the event of a power outage, the new circuit will also allow for quicker restoration of customers. This is part of key electric infrastructure projects throughout its service area to ensure safe and reliable performance during the hot summer months ahead.


    Corks at Russian River Vineyards in Forestville was named an OpenTable Diners’ Choice Awards winner on the list of the Top 100 Best Outdoor Dining Restaurants in America.

    Real Estate

    Basin Street Properties, a Northern California real estate investor and developer of commercial and mixed-use properties, signed a lease with the North Bay Association of Realtors (NorBAR) for 5,300 square feet in The Lakes office campus in southwest Santa Rosa.


    Larkspur’s Systema Software, a provider of insurance claims administration software and services, said ICW Group, a privately held multiline property and casualty insurance carrier, selected SIMS Claims to manage its workers’ compensation claims.


    Make-A-Wish Greater Bay Area and Sonoma-Cutrer Vineyards have long teamed up on an Wishes in Wine Country food and wine fundraiser for children suffering from life-threatening illnesses. The event May 17 raised more than $773,000 in cash and in-kind contributions and attracted close to 700 guests. More than 35 local restaurants and wineries offered guests small tastes and pours during the Grand Tasting. John Ash & Company catered the dinner, and Sonoma-Cutrer provided wine pairings.

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