LA MANUFACTURING
Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...Tesoro Completes Purchase of Carson Facility
Tesoro Corp. has completed the purchase of BP Plc’s Carson refinery and Arco service station assets in a deal valued at $2.4 billion.
Citrus Partners Peeled Apart
FRUITS: Resnicks, Sun Pacific to take orange feud to food aisle.
Former mandarin orange partners look to show more marketing juice in the supermarket aisle.
Refashioning Apparel Business
COMMENTARY: Industry leaders must address poor, dangerous working conditions that arise from pressure to cut costs.
Bruce Dobb and Frances Harder back the clothing industry’s Ethical Fashion movement.
AeroVironment Downsizes
AeroVironment Inc. said in a regulatory filing that it had implemented a workforce reduction, but did not specify how many people had been laid off.
BKF Renews Bid to Take Over Qualstar
Florida investment firm BKF Capital Group Inc. has informed Qualstar Corp. that it will put up seven board candidates in another effort to control the Simi Valley data tape storage company.
NASA Leases Drones from Northrop Grumman
Northrop Grumman Corp. has extended an agreement to provide two Global Hawk unmanned aircraft for science missions conducted by NASA’s Dryden Flight Research Center.
Dole Cancels Share Repurchase
Shares of Dole Food Co. Inc. fell nearly 6 percent on Tuesday after the fresh vegetable and fruit company dropped a share buy-back plan and will instead use the money to modernize its shipping fleet.
Large Turbine Order Boosts Capstone Shares
Shares of Capstone Turbine Corp. hit a 52-week high on Tuesday after the Chatsworth company announced that it had received a large microturbine order for a big Manhattan real estate development.
Swiss Balance Founder Stefan Moser Dies
Stefan Moser, founder of Santa Monica prosthetic company Swiss Balance Inc., died after succumbing to heat during an off-road adventure trip in the Mojave Desert last month. He was 54.
Getting Off Ground
Atmosphere is changing around SpaceX as it looks to become a steady rocket launcher.
Maker of Body Scanners May Need Image Control
SECURITY: OSI shares dip after announcement of possible contract woes.
Analysts still see OSI as a safe bet despite U.S. officials’ concerns over the company’s body scanners.
Electric Carmaker Led Charge as Markets Soared
SPECIAL REPORT: Wealthiest Angelenos
Soaring stocks made up the lion’s share of surging portfolios.
Mattel to Move 100 Fisher-Price Jobs to El Segundo
Mattel Inc. on Wednesday announced it will move 100 positions at its Fisher-Price division from New York to the toymaker’s El Segundo headquarters in coming months.
Roll Sells Mandarin Brand, Moves from Cute to Wonderful
Beverly Hill’s Roll Global LLC, the California agricultural empire led by the billionaire couple Stewart and Lynda Resnick, has sold the “Cuties” trademark for its seedless mandarin oranges.
OSI Expects Debarment Notice From DHS
Shares of OSI Systems Inc. fell Monday after the company said its Rapiscan security unit expects to receive a debarment notice from the Department of Homeland Security related to its airport scanner software.
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