LA BUSINESS JOURNAL DAILY NEWS

Rubber Compound Manufacturer Kirkhill Acquired for $49M

Downey-based Kirkhill Manufacturing Co., makers of rubber compounds used by the aerospace, medical and automotive industries has been acquired by Swedish competitor, Hexpol, for $49 million.

Duke Realty Buys 25.5-Acre Industrial Parcel in Irwindale

Duke Realty Corp., an Indianapolis-based real estate investment company, has purchased a 25.5-acre lot at 13131 Los Angeles St. in Irwindale from a private seller for an undisclosed amount, downtown Los Angeles-based commercial real estate brokerage firm CBRE Group Inc. announced.

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Silicon Beach Report Sept. 19: Riot Games Inks Mastercard Deal

Mastercard to sponsor “League of Legends;” Newegg customer information hacked; March Capital Partners raises $13.6 million for ioTium

Apparel Manufacturer The Studio Raises $11 Million

The Studio, a downtown-based apparel manufacturer raised an $11 million Series A round led by Silicon Valley-based Ignition Partners.

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BioSig Technologies to List on Nasdaq

BioSig Technologies Inc., a medical device company based in West Los Angeles, will trade shares of its common stock on the Nasdaq Capital Market beginning Friday, Sept. 21.

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New Center for Discovery Opens in Glendale to Treat Eating Disorders

Discovery Practice Management Inc., an Orange County-based health company doing business as the Center for Discovery, has opened a new Glendale clinic to treat eating disorders.

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Cal Cartage Ordered to Pay Workers $3.5M in Back Wages

Long Beach-based logistics company Cal Cartage Co. was ordered to pay $3.5 million to more than 1,400 of its workers for violating labor laws.

Judge Denies Bid to Seal LA Weekly Lawsuit

A judge denied Sept. 18 LA Weekly publisher Brian Calle’s attempt to take out of the public record a lawsuit that LA Weekly co-owner David Welch filed against Calle and other LA Weekly investors.

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PacWest Bancorp Makes $467 Million Bank Buy

PacWest Bancorp, a Beverly Hills bank holding company, acquired El Dorado Savings Bank in a deal valued at $466.7 million, according to a press release.

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L.A. Moves Closer to Banning Sale of Fur

The Los Angeles City Council has unanimously voted for the drafting of legislation that will ban the sale and manufacture of fur-related products in the city.

WaveOptics Expands Into Southern California

United Kingdom-based augmented reality firm WaveOptics Ltd. announced Sept. 17 it will open its first United States operation headquarters in Manhattan Beach.

Silicon Beach Report Sept. 18: Elon Musk’s Lunar Pick

SpaceX moon orbit passenger announced; Lyft, Bird scooters go live in Santa Monica’s pilot program; Snapchat to publish CBC news content

Tetra Tech Awarded $21M Contract for Sustainability in Cambodia

Pasadena engineering firm Tetra Tech Inc. announced Sept. 18 that the U.S. Agency for International Development has awarded the company a $21 million, five-year contract to provide sustainability management and biodiversity conservation services in Cambodia.

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SnapMD Raises $7.1M to Market Telemedicine Platform

SnapMD Inc., a telemedicine company based in Glendale, announced Sept. 18 it had raised $7.1 million in series B funding.

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CHLA Receives $2.3M to Study Bone Loss Tied to Cerebral Palsy

A researcher at Children’s Hospital Los Angeles has received a $2.3 million federal grant to study bone loss associated with cerebral palsy, the hospital announced Sept. 18.

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Gov. Brown Signs Bill Legalizing Sidewalk Vending

Gov. Jerry Brown on Sept. 17 signed a bill to decriminalize sidewalk vending and give cities the right to set up permit systems for street vendors.

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Silicon Beach Report Sept. 17: Sinemia Announces Unlimited Plan

Sinemia releases unlimited plan with limits; Fandango wins patent dispute over streaming services; Chatsworth Products receives awards

UTA Fine Arts Founder Josh Roth, 40

Josh Roth, who founded United Talent Agency’s Fine Arts Department, passed away at 40 years old, according to a company announcement Sept. 17.

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Data Center Equipment Maker CPI Received Innovation Awards

Chatsworth Products Inc., based in Westlake Village, announced Sept. 17 it received three innovation awards from the annual Cabling Installation and Maintenance Innovators Awards.

Giovanni Cosmetics, Evox Productions Renew Leases in Compton, Rancho Dominguez

The Compton area is keeping two of its business tenants, each of whom renewed leases for their corporate headquarters.

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