LA MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
ENERGY: Need to secure power could give Coda batteries inside lane.
State electricity-storage ruling could charge up business for battery maker left over from Coda Automotive.
Avery Dennison Corp. on Friday reported a lower third-quarter profit, largely due to expenses related to the sale of two units, but adjusted results beat Wall Street expectations.
Reliance Steel & Aluminum Co. on Thursday said weaker metals pricing contributed to a 6 percent decline in third-quarter profit despite higher sales.
Shares of Jakks Pacific Inc. jumped more than 25 percent on Wednesday after the toymaker reported a 20 percent rise in third-quarter profit, helped by lower expenses.
Teledyne Technologies Inc. on Wednesday said that it signed a contract with Boeing Co. for avionics data and an information management system for updated versions of the 737, 747 and 777 jetliners.
Shares of Skechers USA Inc. fell 9 percent in after-hours trading Wednesday after the shoemaker’s third-quarter net income fell short of Wall Street expectations even though it rose 143 percent from last year.
Teledyne Technologies Inc. on Tuesday said that it acquired C.D. Ltd., a marine engineering company in Aberdeen, Scotland.
Aerospace supplier Ontic has signed a licensing agreement with Curtiss-Wright Controls Inc. for heat and thermal management products used on missiles, blimps, and other military and commercial aircraft.
Edison International’s bankrupt Edison Mission Energy has been acquired by New Jersey electric utility NRG Energy Inc. in a stock-and-cash deal valued at $2.6 billion.
An independent advisory firm has given its stamp of approval to the offer by Dole Food Co. Chairman and Chief Executive David Murdock’s to take the company private for $13.50 a share.
First Beverage taps maker of tea drink kombucha for its debut investment.
First Beverage Ventures sees kombucha maker Health-Ade as its cup of tea.
Ice Cream Heads looks to clean up with shampoos, conditioners for kids.
Ice Cream Heads looks to scoop competitors with a line of scented shampoos and conditioners for kids.
ENERGY: Occidental to continue drilling efforts despite Chevron’s exit.
Occidental Petroleum sees its Monterey shale oil projects doing well enough to stay put.
DINING: Porto’s plans to bring its popular fare to West Covina, Anaheim.
Porto’s Bakery chain cooks up plans for additional locations.
Occidental Petroleum Corp. announced on Friday it intends to sell part of its Mideast operations and part of its stake in a domestic pipeline company, as part of a planned restructuring.