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Placer County's 
In Progress Online Newsletter

July 2011
In This Issue
Pinnacle Telecommunications, Inc. - Connecting to the Future
Mikiuni Kaizen Opens in Fountains at Roseville
From Boutique to Big Time - Felt Bicycles
Icing on the Cupcake Opens Branch in West Rocklin
Placer-Lake Tahoe Film Office Fields Disney Film, Readies for High-Tech Expo
North Lake Tahoe Resort Association awards $12,300 in Community Grants
All Things Skateboarding Come to Newcastle
Solar Power, KDC Solar Agreement Could Lead to $600M in New Business
North Tahoe Shakespeare is Back
Placer Man Creates 99-cent Money-tracking iPhone App
Changing of the Guard - Young Duo Now Heads Tahoe City Downtown Association
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Issue: Vol. 12 #4  
Dear Subscriber: 
Placer County is giving you the same great information only in a new and improved format.  We hope you like it and welcome any feedback that you may have. 

Pinnacle Tele 

Pinnacle Telecommunications, Inc. - Connecting to the Future

Recognized as one of the top 25 women-owned companies in the Sacramento Region, Pinnacle Telecommunications, Inc., based in Loomis, consistently wins awards as Vendor and Quality Supplier of the Year. In 2008, co-owner and CEO Cecelia Lakatos Sullivan, was named Outstanding Woman of the Year as Woman Innovator by the National Association of Women Business Owners. "Our mission is to build infrastructure that keeps telecommunications companies, government agencies, and businesses connected," said Lakatos Sullivan. Pinnacle's customers include AT&T, Verizon, General Dynamics, and Alcatel-Lucent Technologies. Started in 1983, the company at first provided central office installation services to phone carriers. It then grew into a full turnkey services firm for engineering, installation, purchasing, and training in telecommunications central offices and data centers. In 2005, Pinnacle expanded into cell tower construction and technology services. Started with two employees, the company now has 160. Privately owned, Pinnacle is a nationally certified woman-owned company. For details, visit click here.

Mikuni Kaizen

Mikuni Kaizen Opens in Fountains at Roseville

 

A new concept in the Mikuni Restaurant Group called Mikuni Kaizen opened at Fountains in Roseville in May. Mikuni Kaizen, meaning "continuous improvement" in Japanese, will feature Mikuni's award-winning sushi with the addition of izakaya, or tapas-style dining. "We are very happy to be joining restaurant row in Fountains," said Haru Sakata, Mikuni's CEO. "We like that the center is very community-focused and that West Roseville is a very active, expanding residential area." Following Mikuni Kaizen's, two more new Fountain openings this summer - the Irvine-based upscale eatery Yard House and Pet Food Express. Fountains' owner, Inter-Cal Real Estate, reports that, with the new leases, the center is nearly full and has just a two percent vacancy rate. For details visit Fountains at Roseville at click here.

Felt Bikes

From Boutique to Big Time - Felt Bicycles 

In the early 1990's, Jim Felt's Felt Bicycles sold about 2,500 bike framesets annually. It was a boutique bike company known mostly to serious triathletes drawn to Felt's reputation for design innovations. These days, the company makes 175 models sold in 35 countries - every style from cruisers and fixed-gear rigs to mountain bikes and road bikes that cost up to $12,999. A largely self-taught engineer, Felt credits his success to plenty of obsessions, lots of hard work, and a good bit of luck. Felt's finest bikes are made of high-end carbon fiber and are considered so good - and so light - that pros actually have to add weight to comply with cycling's minimum-weight limit. Felt Bicycles is headquartered in Irvine, but Felt does most of his work in his state-of-the-art workshop on 20-plus acres near Auburn, where he and his family settled 18 years ago. For details, visit the Sacramento Bee at click here.

Icing on the Cupcake Logo 

Icing on the Cupcake Opens Branch in West Rocklin 

Icing on the Cupcake's newest West Rocklin location will be the fourth for a team of baking experts that includes Christee Owens, Shirley Nagasawa, and Chuck Meridith. Starting as a small production company and growing at a rapid pace, Icing on the Cupcake now produces more than 4,000 cupcakes a day. The new 7,000-square-foot facility will allow for even greater production and delivery radius. It includes a commissary, retail storefront, corporate headquarters, and warehousing. The company team is devoted to putting its own touch into every creation, down to the last detail. "Our cupcakes are baked fresh daily from scratch from one central location to ensure that quality and consistency is delivered every day to every store with every bite," said Owens. For details, click here.

PLTFO

Placer-Lake Tahoe Film Office Fields Disney Film, Readies for High-Tech Expo 

Production for upcoming Disney film "The Muppets" cruised the length of Placer County to shoot scenes of Kermit the Frog's road trip, as he picked up his fellow Muppet costars along the way, reported Beverly Lewis, director of Placer-Lake Tahoe's Film Office. The Lake Tahoe-Donner Summit area was shot for a mountain crossing, and the rural area north of Lincoln doubled for the Mid-West. This production took advantage of the state's Film & TV Tax Credit incentive program, the third production to do so in the program's first two years. Besides many commercials, still shoots, and TV programs, the county film office has been focused on the Content Creation and Distribution Expo, September 16 & 17, in Loomis. The high-tech digital media expo will focus on traditional and cutting-edge creation and distribution technologies. For details, click here. For Placer-Lake Tahoe FilmOffice, click here.  To see the trailer

click here.

NLTRA Image    

North Lake Tahoe Resort Association awards $12,300 in Community Grants 

 

The North Lake Tahoe Resort Association, along with the North Lake Tahoe Chamber of Commerce, recently awarded $12,300 in grants as part of the second cycle of its 2010-11 Community Marketing Grant Program. In the first cycle, the NLTRA awarded nearly $50,000 in grants. Second cycle grant receivers were the Lake Tahoe Trail Northstar-at-Tahoe, 2011 Tahoe Expo, Sustainable Tahoe, Tahoe Trail Running Series Big Blue Adventure, and California State Parks' Living History Day. The grant program provides marketing and promotional support to special events, projects, and programs that bring visitors to the region and generate business revenue. The grants must be used during this fiscal year or the next, July 2011 to June 2012. For details, visit Sierra Sun newspaper  at click here or North Lake Tahoe Resort Association at click here.

Moman Skateboarding

All Things Skateboarding Come to Newcastle 

When Calvin Moman saw his son Jacob's developing interest in skateboarding, he decided to get involved in the sport, too, and started a skate team. When that proved to be a success, he took it another step, and in May opened Moman Skateboarding in Newcastle. "I put the Moman Skate Team together initially to give these young people a constructive outlet for their skateboarding, and now, opening the shop is the next phase of that. It's a dream come true for me." Calvin Moman has two partners in the venture - Amanda Cayton and Jeff Moman, his brother. The shop sells traditional skateboards, long boards, wheels, tracks and all the accessories to get the boards operational; clothing, helmets, and pads. The shop, at 407 Main St., also offers individual and group lessons. "It's a one-stop shop for everything skateboarding," Cayton said. For details, visit the Auburn Journal at click here or Moman Skateboarding at click here. 

Solar Power Logo

Solar Power, KDC Solar Agreement Could Lead to $600M in New Business 

Solar Power Inc. and its majority shareholder LDK Solar Co. Ltd. have entered into an agreement with KDC Solar LLC of Bedminster, N.J., that could lead to $600 million of new business for the Roseville-based SPI over the three-year term of the agreement, SPI announced in June. Under the agreement, SPI and LDK will serve as KDC Solar's preferred provider of engineering, procurement, construction, operations and maintenance services for a significant portion of its solar energy projects in New Jersey and New York. The agreement sets a goal for KDC Solar and SPI to potentially develop 300 megawatts in solar energy facility projects, with a minimum commitment of 150 megawatts. "Our alliance with LDK now allows us to take on multiple projects of greater scope and scale," said Solar Power Inc.'s CEO Steve Kircher in a statement. For details, visit the Sacramento Business Journal at click here. 

Shakespear Fest Logo
North Tahoe Shakespeare is Back  

The enchanting comedy "Twelfth Night" awaits visitors to the 39th season of Lake Tahoe's Shakespeare Festival, July 15 - August 21, at Sand Harbor State Park. "I am thrilled to be directing this wildly funny, deeply moving play," said producing artistic director Charles Fee. "Expect a lavish production with gorgeous costumes, stunning sets and beautiful music, performed with wit and clarity by one of the best professional acting companies in the West." The lakeside amphitheatre's main gates open at 5 p.m. Before the show, playgoers can enjoy a drink, dinner, a wine tasting, or all three from Shakespeare's Kitchen restaurant. Weekend theatre tickets range from $20 to $85 (premium, with wait service); week day tickets from $15 to $80. For details and tickets, visit Lake Tahoe Shakespeare Festival at click here.

Placer Man Creates 99-cent Money-tracking iPhone App

Trinidad Esquivel, a longtime Placer County-area computer software entrepreneur, recently created and released an iphone app called the MoneyDiary. The easy-to-use software enables iphone 4.0 users to track and budget their finances with a click of their cell phones. The software is available at the Apple App store for 99 cents. The MoneyDiary software works in almost any language, with any currency; recurring bills can be accessed with a touch of a button; expenses can be categorized in any way; a native app, it resides on the cell phone so personal financial information doesn't have to be uploaded to the Internet, making it extremely safe and secure, Esquivel said. For details, visit the Lincoln News Messenger at click here or MoneyDiary at click here.

TCDA Logo

Changing of the Guard - Young Duo Now Heads Tahoe City Downtown Association 

Brendan Madigan, 33, Tahoe City Downtown Association's new president, and Christin Hanna, 28, the group's new vice-president, are bringing a renewed sense of vibrancy, a fresh perspective, and new marketing ideas to the group that represents about 250 Tahoe City-based businesses. Madigan manages Alpenglow Sports, based in downtown Tahoe City; Hanna owns Tahoe Youth Ballet. Both Hanna and Madigan see TCDA's role as particularly important because there is no true governing body specific to Tahoe City. "Our board consists of a bunch of doers," said Hanna, "and the TCDA can be a conduit for progress." Former TCDA president Dave Wilderotter expressed admiration for the two new leaders. "Christin and Brendan have really whipped up the other board members...They are serious about wanting to effect change." For details, visit Sierra Sun newspaper at click here or Tahoe City Downtown Association or click here.

What's in Your E-mail Newsletter?

In Progress Online (IPOL), an economic development e-mail newsletter, is published bi-monthly. IPOL covers the latest news on Placer County business and industry, agriculture, tourism, and the arts. It reports on new projects in our cities and towns and keeps readers up to date on the state of the region's economy. IPOL posts news of state and local training, incentives, and loan programs that benefit business. It provides links to more information on each item. News about your business is always welcome.  Please send items, questions, comments, or suggestions to the Office of Economic Development at econdev@placer.ca.gov or visit the OED Web site. For past In Progress Online newsletters, go to Placer County Biz News