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.
The Studio, a downtown-based apparel manufacturer raised an $11 million Series A round led by Silicon Valley-based Ignition Partners.
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.
The Port of Los Angeles has received a preliminary award of $41 million by the California Air Resource Board to build freight facilities that are near zero-emissions.
The Port of Long Beach was approved for a $50 million grant to develop clean equipment and technology for various sectors of its cargo movement supply chain.
L.A. scores high marks in latest survey on cleantech adoption, productivity rates
How L.A. County fares in the clean energy and cleantech industries.
Century City private equity firm Ares Management announced Sept. 6 that its power and infrastructure fund Ares EIF has closed on the acquisition of the assets of Irving, Texas-based oil and gas company Paradigm Energy Partners from an affiliate of Stonepeak Infrastructure Partners of New York.
Everlert Inc., a West Hollywood private equity firm, announced Sept. 4 that it has taken a 40 percent stake in Baja Green Energy S.A., a Mexican developer of renewable energy generation and storage projects.
Downtown-based company adds local grocers on heels of debut in NorCal, Oregon
Avocado sauce maker Kumana Foods expands into supermarkets.
Long Beach-based Cargomatic Inc., an online platform that helps connect shippers and truckers for cargo delivery, closed a $35 million Series B round, the company announced Aug. 16.
Boeing Co. has agreed to acquire Millennium Space Systems Inc., an El Segundo-based small flight system developer and satellite manufacturer.
Watch company Mvmt (pronounced movement) is set to be acquired by Movado Group Inc. for $100 million, the companies announced Aug. 15.
Compton-based logistics company, Southern Counties Express Inc., was acquired for $65 million in cash by competitor Universal Logistics Holdings Inc., the companies announced Aug. 10.
The Port of Long Beach and Long Beach City College have partnered up to launch a new training program to prepare students for jobs in the global logistics and supply chain industry.
Downtown-based Reliance Steel & Aluminum Co. announced Aug. 1 the acquisition of sheet metal fabrication companies, KMS Fab and KMS South Inc. Terms of the deal were undisclosed.