Recent and archived news stories on: Manufacturing, agribusiness, chemicals, electronics, energy, fabrication, plastics, textiles, international trade, shipping, logistics

Mattel Strikes Three-Year Licensing Deal for ‘Despicable Me' Merchandise

El Segundo toy maker Mattel secured a three-year international licensing agreement to produce “Despicable Me” merchandise ahead of the release of the “Minions” sequel film. The Feb. 14 announcement is the latest in a series of scores for the Barbie and Hot Wheels producer.

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Slower Cargo Traffic at Twin Ports in January

Weak import figures at the ports of Los Angeles and Long Beach in January suggest the rush to import Chinese goods ahead of a possible hefty tariffs may be waning, analysts say.

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UCLA Sells Epigenetics Tech to Boost Crops for Farmers

UCLA has licensed epigenetics technology to a Massachusetts-based plant breeding firm to improve the performance of commercial crops.

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Gardena-Based 3DEO Raises $14M to Advance Metal 3D Printing

3DEO Inc., a metal 3D printing company based in Gardena that manufactures parts for medical and other industries, raised $14 million in funding from investors, according to a Feb. 8 securities filing.

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Moral Fiber targets the garment industry’s waste

Clothing industry looks to tackle issue of waste.

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Mattel Taps Former Disney Channel Exec to Helm TV Division

Toymaker Mattel tapped a former Disney Channel executive to run its television division as it moves to bolster its live-action and animation productions based on its iconic brands.

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CPUC Fines SoCal Gas $3.3M Over Ontario Pipeline Investigation

Southern California Gas was hit Friday with a $3.3 million fine by state regulators who accused the company of failing to properly and timely investigate a January 2017 explosion in Ontario that injured on person.

Shell Acquires West Hollywood Electric Vehicle Charging Outfit

Royal Dutch Shell PLC’s Shell New Energies division has acquired West Hollywood-based Zeco Systems Pte Ltd., doing business as Greenlots, for an undisclosed sum.

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APM Setback in Automation Quest

PORTS: Terminal upgrade permit pulled amid labor strife

Dispute with union delays automation plan at the Port of L.A.

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Torrance Aerospace Firm Donates $1.5M to Catalina Airport, Receives Naming Rights

Torrance aerospace firm Ace Clearwater Enterprises is donating $1.5 million towards the cost of runway repairs at Catalina Island’s Airport in the Sky, giving it naming rights to the airfield.

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Guess Stock Price Down Follow Announced Leadership Changes at Top

Guess Inc. announced the departure of its executive officer Victor Herrero on Feb. 2, sending its stocks tumbling as much as 14 percent on Jan. 28.

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OSI Reports $303M in Q2 Revenue

Specialized electronic manufacturer and designer OSI Systems Inc. announced this week $19.1 million in profit on revenue of $303 million for its second quarter ended Dec. 31, 2018.

OSI LandsS $11M Contract

OSI Systems Inc. announced Jan. 22 it had landed an $11 million contract

Eyeing Electric

Evelozcity, Faraday and Future finding electric vehicles a tough sell

Stormy times ahead for electric carmakers?

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California Cartage to Shutter Wilmington Operations in July

One of the region’s biggest players in logistics will shutter its sprawling Wilmington warehouse in July.

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