Tight office market has power supply maker mulling options

Pulling Plug?

Santa Monica’s energized office market is squeezing power supply maker Pioneer Magnetics.

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March Cargo Volumes Surge at San Pedro’s Twin Ports

The twin ports of Long Beach and of Los Angeles saw increased cargo traffic in March. The Port of Long Beach saw a 20 percent increase in its cargo numbers compared to a year ago and posted its best quarter since 2007. The Los Angeles port saw a whopping 29 percent jump in incoming cargo containers compared to the year earlier.

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Pritzker Group’s ProAmPac Acquires Trinity Packaging Corporation

Pritzker Group Private Capital’s recently acquired ProAmPac on Monday folded in a competitor in the packaging manufacturing industry, marking the first deal of the year for the West L.A. private equity firm.

Alliances Slow On Scheduling

SHIPPING: Port businesses wait as partners come together.

New alliances among cargo lines have left some port businesses high and dry on scheduling.

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Dov Charney’s Los Angeles Apparel Inks Deal with American Apparel Distributor

Dov Charney is following his American Apparel blueprint by inking an exclusive wholesale distribution deal for his new clothing venture with one of the same companies he worked with before.

Battery Companies Charge Into Deal

Industrial PowerSource will keep staff, run as Santa Fe Springs subsidiary of new parent, Crown.

Deal for battery maker Industrial PowerSource has the new owner amped up.

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Battery Distributor Industrial PowerSource Acquired by Crown Battery

Industrial PowerSource Inc., a distributor and servicer of industrial batteries has been acquired by Crown Battery Manufacturing Co. for an undisclosed amount.

Port of Long Beach to Hand Out $46 Million in Health Grants

The Port of Long Beach plans to give out $46 million in grants to community organizations to develop health programs in areas most affected by port-related pollution in the San Pedro Bay.

L.A. Adds Solar Jobs, But Slips to No. 2 for Metro Areas

L.A.’s solar power industry grew by 11 percent in 2016 over 2015, but dropped to second place for most solar-related jobs in the nation’s metropolitan areas, according to a report issued Tuesday by the Solar Foundation, a Washington D.C. nonprofit dedicated to promoting the solar power industry.

Pomona Manufacturer Analytical Industries Acquired by Battery Ventures

Analytical Industries Inc., a manufacturer of oxygen sensors and gas-analysis products for a range of industries including the U.S. military, has been acquired by Boston-based Battery Ventures for an undisclosed amount.

Net Gain in Menswear

APPAREL: Five Four scores promotional assist courtesy of Clippers star Chris Paul.

Men’s fashion firm Five Four has put its latest campaign in the hands of hoops star Chris Paul.

Electronic Controls Maker Clocks Into Midwest

MANUFACTURING: Pickup of rival will boost presence, revenue of Nelson-Miller.

Maker of electronic controls says its deal for a rival pushes all the right buttons.

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Hyperloop Firm Makes Tracks to Crowdsourcing

TECHNOLOGY: Equity-paid workers recruited by venture to speed system to market.

Hyperloop Transportation looks to get moving with equity-paid, crowdsourced workers.

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Port of Los Angeles Cargo Declines in February

The Port of Los Angeles saw container volumes decline in February after a record-setting January.

Battery Maker Romeo Woos Highly Skilled Manufacturing Staff

Power Play

Battery maker Romeo Power seeks highly skilled workers to plug into production.

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