The U.S. Customs and Border Protection announced on Feb. 13 that the agency had seized 475,056 bottles of perfume with fake trademarks at the Los Angeles and Long Beach port complexes.
City of Industry packaging producer Fleetwood-Fibre Packaging & Graphics was acquired by Golden West Packaging Group, the companies announced Feb. 12. Terms of the deal were not disclosed.
Los Angeles private equity firm OpenGate Capital has agreed to acquire Jøtul Group, a Norway-based manufacturer of stoves and fireplaces, from Ratos AB, according to OpenGate.
California Resources Corp. has entered into a joint venture with a portfolio company of Los Angeles-based investment firm Ares Management to own the Elk Hills power plant near Bakersfield.
Beverly Hills private equity firm Platinum Equity announced it has acquired packaging and labeling company WS Packing Group of Green Bay, Wis. from J.W. Childs Associates.
Breitburn Energy Partners has rejected a $1.8 billion cash offer from a Houston energy fund.
Beyond Meat, a producer of plant-based meat substitute products, is expanding operations at its El Segundo headquarters, the company announced.
Dole Food Co. is set to merge with European fresh produce distributor Total Produce following a $300 million deal that will see Total Produce buy a 45 percent stake in the Westlake Village company from owner David H. Murdock.
Mattel Inc. continued its streak of poor financials posting fourth quarter net loss and declining earnings for fiscal year 2017.
Sanrio Inc. promoted Craig Takiguchi to chief operating officer.
Vernon-based glass industry supplier C.R. Laurence Co. Inc. is adding 120,000 square feet to its corporate headquarters.
El Segundo-based beverage incubator L.A. Libations has formed a strategic partnership with San Clemente-based KonaRed Corp. to expand KonaRed's line of cold brew coffee and other products.
Toymaker Jakks Pacific Inc. announced on Jan. 26 that it had received a takeover offer from Hong Kong-based Meisheng Cultural Co.
At its annual ‘State of the Port” address on Jan. 24, the Port of Long Beach celebrated its record-breaking year set in 2017 after a not so great 2016 which saw the bankruptcy of it largest terminal tenant, South Korea’s Hanjin Shipping.
The Port of Long Beach’s Harbor Commission approved plans for a new on-dock rail facility to be built at the complex’s Pier B terminal.