Los Angeles Business Journal

LA MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

SpaceX Advances on Right to Bid for Military Launches

Private rocket company SpaceX of Hawthorne has moved a giant step closer towards its goal of launching rockets for the U.S. military.

Skechers Accuses Fila of Infringement

Footwear maker Skechers USA announced Thursday that it has filed a federal lawsuit against Fila U.S.A., alleging that the latter company has infringed upon the patents and design of one of its products.

American Apparel Agrees to Rescue Deal

American Apparel cut a deal that with its main investor that will allow the downtown Los Angeles clothing manufacturer to pay off a loan and avoid a default and potential bankruptcy, the company announced Wednesday.

AeroVironment Shares Take Off on Earnings

Shares in AeroVironment Inc. jumped more than 13 percent on Wednesday after reporting better than expected fourth quarter earnings.

Amgen, Bind Therapeutics Cease Collaboration

Amgen Inc. has opted out of a collaborative agreement with Bind Therapeutics Inc., a company developing tiny particles that adhere to medicines and help the drugs circulate longer in the bloodstream and enter cells.

State OKs Tax Credits for Bomber

State lawmakers on Thursday approved expedited legislation designed to give the state the upper hand in landing subcontracts for a strategic bomber project.

Rocketdyne to Produce Engines for NASA

A $2.8 billion contract for Boeing Co. to build NASA’s next generation rocket is good news for Aerojet Rocketdyne in Chatsworth.

Report: Bondholder Wants American Apparel Sale

One of American Apparel’s leading creditors may be attempting to engineer a sale of the company, according to a report in the New York Post.

Breakthrough Status for Amgen Leukemia Drug

The U.S. Food and Drug Administration has given Breakthrough Therapy Designation status to blinatumomab, a drug in development at Amgen Inc. for treating certain cancers.

MannKind Gets FDA Approval for Inhalable Insulin

MannKind Corp. on Friday finally secured government approval to sell its Afrezza brand of inhalable insulin.

Report: Loans Due for American Apparel

American Apparel will have to pay a $10 million loan in full after the company’s request to stay out of default was denied, Bloomberg reported Friday.

Assembly Passes Aerospace Tax Credit Bill

A bill that would give California aerospace companies up to $420 million worth of employment tax credits for work on an “advanced strategic aircraft program” has passed the Assembly.

Report: American Apparel Seeks New Cash

Clothing manufacturer and retailer American Apparel may be seeking to raise new sources of capital as the firm’s current leaders seek to wrest control of the company from founder Dov Charney.

American Apparel Hires Advisory Firm

Clothing manufacturer American Apparel announced Monday that it had hired Peter J. Solomon Co. to act as a strategic and financial advisor in the wake of the dismissal of company founder Dov Charney as chairman and chief executive.

Ares Buys Texas Oil Field Developer

Century City private equity firm Ares Management has acquired oil and gas field developer BlackBrush Oil & Gas of San Antonio, Texas, the companies announced Tuesday.