Skip to content
CapRadio

CapRadio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • topics
    • State Government
    • Environment
    • Health Care
    • Race and Equity
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
  • Music
    • genres
    • Classical
    • Jazz
    • Eclectic
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight With Vicki Gonzalez
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 
  • Business
  • Business
  •  

Business Journal: Penumbra Moving Into Roseville; Dealers Leaving Roseville Automall; Cookie Connection Closes Stores; Calling All Dreamers

  •  Steve Milne 
Friday, June 14, 2019 | Sacramento, CA
Listen
/
download audio
Update RequiredTo play audio, update browser or Flash plugin.
Courtesy of Brick Architecture and Interiors

An artist rendering of the exterior changes planned for Penumbra's new offices in Roseville. The building used to be occupied by Hewlett Packard.

Courtesy of Brick Architecture and Interiors

Penumbra Expected To Expand In Roseville

A med-tech company from the East Bay Area may soon be bringing more jobs to Roseville. The company is called Penumbra. And the Sacramento Business Journal's Sonya Sorich says Roseville city officials anticipate the company will create around 1,200 jobs.

"Penumbra is currently remodeling a Roseville office space that formerly housed Hewlett Packard,” says Sorich. “It will become a new manufacturing space for the Alameda-based company's products, which include stroke intervention devices. The company expects it'll begin operations in Roseville by 2020."

Initially, Penumbra is expected to bring in 250 jobs during its first three years operating in Roseville. The company currently has about 2,200 employees, many of them at its headquarters in Alameda.

Roseville Automall Losing Two Dealerships

Another car dealership is closing at the Roseville Automall. AutoNation shut down its Mazda dealership last weekend. The company hasn't commented on why. Sorich says the closure comes only weeks after notice that another dealership will also be shutting its doors.

"Kuni Enterprises is closing its Roseville Volkswagen dealership in the automall this summer,” says Sorich. “The closure will cost 60 jobs."

The VW dealership in Roseville is on one of the smaller pads in the automall, compared to spacious dealerships like Toyota, Ford and Chevrolet. Executives at the automall say they're not worried about the closures. A business manager says dealerships often change with the industry, and the automall remains a highly desirable location.

Cookie Connection Closing Stores

There was another significant business closure this week: Cookie Connection has apparently shut down.

“It appears the company has closed all its cookie stores,” says Sorich. “Cookie Connection most recently had five local sites, and a location in Irvine. We don't know why the stores closed, but it’s worth noting that the California Secretary of State has suspended the company, according to online records.”

The company just opened a midtown Sacramento location in April at the Ice Blocks, which makes these closures even more surprising. 

Calling All Dreamers Finalists Announced

Sacramento's Calling All Dreamers competition announced its semi-finalists this week. This is the annual contest that helps the winner open a retail storefront downtown. Sorich says 10 business concepts were selected.

"It's, as usual, an interesting mix of business ideas including food, a custom bow-tie business, there is a nail salon that apparently will offer a pedicure that includes Patron tequila,” says Sorich. “And there's even an ax-throwing business."

The semi-finalists will now work with mentors to fine-tune their ideas. The top concepts will later move on to a public voting phase of the competition. The winner will be announced in September. Previous winners include Andy's Candy Apothecary and Oblivion Comics and Coffee. The contest is presented by the Downtown Sacramento Foundation, a sister organization of the Downtown Sacramento Partnership.


Follow us for more stories like this

CapRadio provides a trusted source of news because of you.  As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.

Donate Today  

    More about business journal

  • Business Journal on CapRadio

    Related Stories

  • Courtesy of Taco Bell

    Business Journal: Taco Bell With Alcohol Coming To Downtown; Indoor Ax-Throwing Venue Opening In Rancho Cordova; VSP Moving Innovation Center To The Cannery

    Friday, June 7, 2019
    A new indoor ax-throwing venue is coming to Rancho Cordova this summer. And Taco Bell plans to serve alcohol at its new Cantina restaurant set to open downtown this fall. Sonya Sorich from the Sacramento Business Journal has the details.
  • Andrew Nixon / Capital Public Radio

    Business Journal: Wide Open Walls Claims Web Developer Is Cybersquatting; Old Town Roseville Getting New Apartments; CycleBar Coming To Midtown

    Friday, May 24, 2019
    Wide Open Walls, the organizer of Sacramento's annual mural festival, is in a legal fight over its website. The Sacramento Business Journal's Sonya Sorich has the story, plus details about new housing in Old Town Roseville and CycleBar in midtown.
  • HRGA

    Business Journal: Landlord Sues Coworking Space; El Dorado Hills Costco On Hold; Saha Float Spa Coming To Midtown

    Friday, May 17, 2019
    A new float spa is set to open in midtown Sacramento later this year. Sonya Sorich from the Sacramento Business Journal has that story, plus details on stalled plans for a Costco store in El Dorado Hills.

 business journal

Steve Milne

Morning Edition Anchor & Reporter

Steve is the Morning Edition anchor for Capital Public Radio. He covers stories on a wide range of topics including: business, education, real estate, agriculture and music.  Read Full Bio 

Sign up for ReCap and never miss the top stories

Delivered to your inbox every Friday.

 

Check out a sample ReCap newsletter.

Thanks for subscribing!

Thank you for signing up for the ReCap newsletter! We'll send you an email each Friday with the top stories from CapRadio.

Browse all newsletters

Most Viewed

Parties, stolen cars, a gun: 9 police complaints at Council member Sean Loloee’s disputed North Sacramento residence

A California man’s ‘painful and terrifying’ road to a monkeypox diagnosis

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Abortion is still legal in California. Here are answers to questions about access in the state.

Sacramento amends ballot measure that would ban homeless encampments. What voters should know

We Get Support From:
Become a Supporter

Most Viewed

Parties, stolen cars, a gun: 9 police complaints at Council member Sean Loloee’s disputed North Sacramento residence

A California man’s ‘painful and terrifying’ road to a monkeypox diagnosis

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Abortion is still legal in California. Here are answers to questions about access in the state.

Sacramento amends ballot measure that would ban homeless encampments. What voters should know

Back to Top

  • CapRadio

    7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Careers & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Smart Speakers
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Newsletters

CapRadio stations are licensed to California State University, Sacramento. © 2022, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.