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Business News: Week of April 29, 2013
April 29, 2013Marin Clean Energy unveiled a new, free energy savings tool available to homeowners in the Marin County and Richmond. … Novato City Council voted unanimously for the city become a customer of Marin Clean Energy ….
Restoration Hardware Holdings, Inc. (NYSE: RH), based in Corte Madera, reported net revenues increased 25 percent for its 2012–2013 fiscal year. …
Town Center Corte Madera (shopttowncenter.com) recently completed a renovation of the center’s office building, whose lobby now has what’s possibly Marin County’s first indoor “living wall.” …
North Bay Leadership Council is gearing up for the third year of its Algebra Academy program this summer in San Rafael and Novato. …
AT&T expanded its high-speed 4G LTE cell phone network to include areas of the North Bay. …
Medtronic, Inc. (NYSE: MDT), whose Cardio and Vascular division is based in Santa Rosa, announced Food and Drug Administration 510(k) clearance and the first U.S. clinical uses of its new Affinity Fusion oxygenation system. …
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Business News: Week of April 22, 2013
April 22, 2013North Bay Leadership Council is gearing up for the third year of its Algebra Academy Program this summer in San Rafael and Novato. …
Congressman Jared Huffman (D-San Rafael) visited Quivira Vineyards in Dry Creek Valley to present the winery with his Sustainable North Coast certificate in recognition of Quivira’s work in restoring salmon habitat and healthy waterways. …
AT&T has expanded its high-speed 4G LTE network in the San Francisco Bay Area, bringing more customers the latest generation of wireless network technology. …
Medtronic, Inc. (NYSE: MDT) announced U.S. Food and Drug Administration 510(k) clearance and the first U.S. clinical uses of its new Affinity Fusion oxygenation system. …
Novato’s LumiGrow, Inc. announced a so-called “Cash for Clunkers” program. Through the new program, commercial growers receive a $150 cash rebate for each high intensity discharge (HID) greenhouse light fixture they replace with a LumiGrow LED luminaire. …
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Business News: Week of Feb. 25, 2013
February 25, 2013Medtronic, which has cardiovascular-device operations in Santa Rosa, received the CE (Conformité Européenne) mark to be able to market the Evera portfolio of implantable cardioverter-defibrillators (ICDs) in the European Union. …
SenarioTek, a Santa Rosa-based designer and manufacturer of radio-frequency and microwave products, announced it has received ISO 9001:2008 certification from ABS Quality Evaluations. …
SpotOn, a San Rafael-based digital loyalty network for local merchants and consumers, announced a major milestone six months after officially launching its tablet-based incentive program in July. …
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Business News: Week of Dec. 17, 2012
December 17, 2012Glassdoor, based in Sausalito, released a survey that reveals employees’ work-related resolutions for 2013, preferences for holiday perks from employers and expectations for holiday time off and bonuses. …
Superior Farms, the nation’s largest lamb producer, unveiled its first onsite large-scale wind turbine at the company’s Dixon processing facility. …
Praxis Capital of Santa Rosa launched a third real estate investment fund to purchase single-family homes in Northern California. …
The board of directors of Medtronic, Inc. (NYSE:MDT) approved a cash dividend of 26 cents per share of common stock. …
PNI Sensor, a Santa Rosa-based geomagnetic sensor manufacturer, introduced SpacePoint Scout, a development module that offers video game application developers nine-axis motion tracking technology in one reasonably priced, integrated circuit board module. …
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Second-quarter sales grow 2% for locally tied Medtronic group
November 20, 2012SANTA ROSA — Second-quarter sales for Medtronic’s Cardiac and Vascular Group, which includes operations in Santa Rosa, increased 2 percent from a year before, while most other measures remained the same, according to financial results reported today.
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Business News: Week of Nov. 12, 2012
November 12, 2012The board of directors of Hennessy Advisors, Inc. declared a quarterly dividend. …
Julie Jones, author of Estate Documents Organizer, and Daren Blonski, financial adviser with Edward Jones in Sonoma, will hold two Tuesday estate-planning workshops. …
Bay Area Development Co. completed U.S. Small Business Administration 504 funding for trade journal Vineyard Winery & Management in Santa Rosa. …
Redwood Credit Union is accepting contributions to the Red Cross Hurricane Relief Fund to directly assist those affected by Hurricane Sandy on the East Coast. …
Dominican University of California in fall 2013 will launch a master’s of science degree program in clinical laboratory science (CLS) with an emphasis in molecular diagnostics. …
Medtronic, Inc. (NYSE: MDT) completed its acquisition of China Kanghui Holdings (NYSE: KH), a major provider of orthopedic devices in China. …
American Institute of Architects Redwood Empire chapter presented its design awards for a number of North Bay projects on Oct. 27 in the Kaiser Air hanger at Charles M. Schulz-Sonoma County Airport. …
Novato commercial solar power products and services provider SPG Solar completed a cutting-edge solar tracking system at a wastewater treatment plant in Williams. …
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Algebra academies expand in North Bay
July 2, 2012A unique summer algebra academy pioneered in Santa Rosa has grown throughout the North Bay, and organizations as far away as Arizona are expressing interest in duplicating the public-private partnership that works to expose English language-learners to real-world applications for math.
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Business News: Week of July 2, 2012
July 2, 2012Cogenra Solar, a Mountain View-based provider of distributed solar cogeneration systems, announced its first dairy solar cogeneration system at the Clover Stornetta Farms Dairy Processing Plant in Petaluma. …
B.R. Cohn Winery, based in Glen Ellen, received three gold medals at the California State Fair Wine Competition for the 2009 Mendocino County Barbera, the 2010 Carneros Chardonnay and the 2010 Russian River Pinot Noir. …
Twenty-six volunteers from the business community and government agencies have been working together to conduct interviews throughout the county in recent weeks as part of Sonoma County BEST’s “100 in 100” effort. …
United Way recently honored local businesses with their annual Community Partnership Awards. …
Three outpatient clinical programs in Sutter Medical Network, Sutter Health’s physician network, were recognized for statewide best practices in the California Association of Physician Groups’ annual Standards of Excellence Survey of medical group features and capabilities. …
For the first time in its six-year history, two organizations tied for Nonprofit Organization of the Year in the Napa Community Awards, presented at the Napa Valley Marriott Hotel & Spa. …
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Sales abroad boost Medtronic CardioVascular third quarter
February 21, 2012SANTA ROSA — Sales growth outside the U.S. boosted revenue for the Santa Rosa-based division of Medtronic (NYSE: MDT) by 8.1 percent in its fiscal third quarter, the medical device maker reported today.
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Medtronic CardioVascular first-quarter revenue grows 17 percent
August 23, 2011SANTA ROSA –Medtronic’s Cardiac and Vascular Group, which includes the Santa Rosa-based CardioVascular division, today reported sales in the first quarter of fiscal 2012 of $2.21 billion, an increase of 3 percent.
Group revenues were $850 million, an increase of 11 percent when adjusted for foreign currency, according to the company. The CardioVascular division had $575 million in sales for the first quarter ended July 29, an increase of nearly 17 percent from $493 million for the same timeframe last year.
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Algebra academies inspired by chamber leader are expanding
June 13, 2011SANTA ROSA – The Santa Rosa Chamber of Commerce is kicking off another session of the Mike Hauser Algebra Academy—and is helping other cities have their own programs.
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Medtronic CardioVascular revenue increases 16 percent in fiscal 2011
May 24, 2011SANTA ROSA — Medtronic’s Santa Rosa-based CardioVascular division today reported fiscal 2011 revenue increased 16 percent from the previous year to $879 million.
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Memorial implants MRI-safe Medtronic pacemaker
March 21, 2011SANTA ROSA — Santa Rosa Memorial Hospital last week implanted an MRI-safe pacemaker into a patient, making it the first hospital north of the Golden Gate Bridge to do so, according to the hospital and the medical device maker.
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Medtronic CardioVascular revenue increases 8 percent; company plans job cuts
February 22, 2011SANTA ROSA — Third-quarter revenue for Medtronic Inc.’s Santa Rosa-based CardioVascular business grew 7 percent to 8 percent, and total company revenue increased 3 percent. However, Medtronic today announced plans to trim its total workforce by 1,500 to 2,000 positions, or by 4 percent to 5 percent, to “align its cost structure to current market conditions and continue to position Medtronic for long-term sustainable growth.”
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Wellness programs draw more interest
February 14, 2011SANTA ROSA – Growing numbers of employers of all sizes in the North Bay are embracing wellness programs for their employees. A recent survey of commercial insurance carriers by the Business Journal revealed a common theme of business clients seeking information or actively developing wellness programs both to manage employee health care costs and prepare for the impact of health care reform.
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Medtronic completes Ardian acquisition
January 13, 2011Medtronic Inc. (NYSE: MDT), which operates Medtronic CardioVascular in Santa Rosa, completed the acquisition of privately-held Ardian Inc. for a purchase price of $800 million in cash up front, plus additional cash payments equal to annual revenue growth through the end of Medtronic’s fiscal year 2015.
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D.J. Grey sees shift from overseas to local suppliers
October 11, 2010HEALDSBURG – Small makers of custom electronics components who struggled through the downturn are benefitting from an uptick in the electronics manufacturing industry.
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Medtronic to install solar
August 23, 2010SANTA ROSA — Medtronic CardioVascular will install a $1.2 million solar array at its Fountaingrove campus, the company announced today.
The 324-kilowatt system, scheduled to be completed by next summer, is expected to reduce the electrical demand of Medtronic’s largest Santa Rosa facility by 40 percent at peak hours and realize net savings of approximately $1.8 million over 20 years.
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Medtronic reports record quarter; CardioVascular strong
May 25, 2010SANTA ROSA — Medtronic Inc. announced an 8 percent jump in revenues for the fiscal year and a record $4 billion in sales for the fourth quarter. The CardioVascular segment in Santa Rosa reported both fourth quarter and yearly revenues up 18 percent.
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TriVascular trials progress in Europe
March 29, 2010SANTA ROSA — TriVascular’s abdominal stent graft is showing solid results in European clinical trials, well on its way to holding a leading position in a predicted $2 billion global market.
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