LA MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
Soaring stock mints first legal pot billionaire
Marijuana dispensing machine maker Medbox has turned into a pot of gold for its newly minted billionaire owner.
Shares of American Apparel Inc. fell more than 18 percent on Thursday after the apparel company said same-store sales fell 6 percent last month.
Energy crop developer Ceres Inc. reported deeper losses than expected, but beat Wall Street's revenue expectations. Software maker Simulations Plus Inc. announced fiscal first quarter results that also beat analysts' revenue estimates.
Thomas V. Jones, the maverick chief executive who grew Northrop Corp. into an aerospace giant over his 30 years at the helm, died Tuesday of pulmonary fibrosis. He was 93.
Los Angeles City Attorney Mike Feuer on Tuesday filed suit against the operators of a controversial South Los Angeles oil field with operations that have been blamed for noxious vapors causing health problems.
Levine Leichtman Capital Partners on Monday said it partnered with the management of craft clay maker Polyform Products Co. to acquire the company.
Steve Bronson, chief executive of Qualstar Inc., has purchased more than 85,000 shares of the company’s stock in the last two weeks, pushing up his stake to more than 21 percent of outstanding shares, according to a regulatory filings.
Calabasas audio product manufacturer Line 6 Inc. has been acquired by Yamaha Corp.
Revolution Capital Group has completed its acquisition of Tvilum, a Danish unit of U.S.-based Masco Corp.
BreitBurn Energy Partners on Monday said that it has completed the acquisition of interests in oil and natural gas properties in the Texas Permian Basin from CrownRock of Midland, Texas for about $282 million.
Century City’s OpenGate Capital said Friday that it had won a bid to take over bankrupt European plastics manufacturer Kem One SAS, its third deal in the European plastics market this year.
A group of 21 scientists from around the country has told Gov. Jerry Brown that California is on the right track with proposed regulations to allow fracking of the state's shale oil reserves.
OpenGate Capital said that it signed an agreement with Belgian chemicals company Solvay to acquire its Benvic PVC plastic compounding business.
Is Occidental Petroleum Corp., L.A.’s second largest public company, planning to move its corporate headquarters to Houston? There are signs it could do so.
Chinese electric vehicle manufacturer BYD Co. Ltd. held a press conference on Friday to further defend itself from allegations it did not comply with minimum wage laws for engineers working at its Lancaster plant and North American headquarters in downtown Los Angeles.