MANUFACTURING

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

Port Logistics Group Buys Ecommerce Shipping, Warehouse Service

Port Logistics Group will acquire Oakland-based Whiplash Merchandising Inc., an ecommerce shipping and warehousing service, in a move which will expand PLG’s ecommerce fulfillment capabilities.

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Beyond Meat Sets IPO Pricing, Seeks $1.2 Billion Valuation

El Segundo-based Beyond Meat Inc. set the terms of its initial public offering and released more details about its operations in disclosures filed April 22 with the Securities and Exchange Commission.

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Harbor Commissioners Postpone Automation Vote

Hundreds of dockworkers booed as the Los Angeles Board of Harbor Commissioners announced Tuesday morning to postpone a vote for 30 days on automation at the West Coast's largest terminal at the request of Los Angeles Mayor Eric Garcetti.

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Warehouse Tech Platform Flowspace Raises $12M

Culver City-based Flowspace Inc., a technology company that helps connect businesses with available warehouse space and fulfillment services, announced April 16 it raised $12 million in Series A funding.

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Butterfly Buys Bolthouse Farms From Campbell's for $510M

Butterfly Equity acquired Bolthouse Farms, best known for its refrigerated juices, from Campbell Soup Company for $510 million, the Beverly Hills-based firm announced on April 12.

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Imports Tick Up Despite Decline in Chinese Shipments

Imports into the San Pedro Bay rose slightly in March compared to the previous year, even as the nation saw fewer shipments come in from its largest trading partner, China.

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Soylent Inks Distribution Deal With Walmart

Retail giant Walmart will distribute meal replacement maker Soylent, giving its Los Angeles downtown parent company, Rosa Foods Inc., a major boost.

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Border Back-Up Causes Headaches for L.A. Importers, Manufacturers

Bottlenecks at the U.S.-Mexico border are already doubling wait times in San Diego — and that could get worse.

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Wonderful Co. Commits to 100 Percent Renewable Energy for Vast U.S. Farming Operations by 2025

West Los Angeles-based agriculture giant Wonderful Co. announced March 26 that it plans to use 100 percent renewable energy for all of its farming and food operations in the U.S. by 2025.

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Culver City-based MedMen Enterprises Lands $250 Million

Culver City-based MedMen Enterprises Inc. announced March 22 a $250 million investment from marijuana industry investor Gotham Green Partners.

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L.A. Moves to Terminate AllenCo Oil Lease at Site Near USC

Los Angeles Mayor Eric Garcetti and a city councilman on March 13 announced the city was terminating a lease agreement with Signal Hill oil company Allen Co. Inc. that allowed the company to drill for oil at a site in the University Park neighborhood.

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Recruiting Platform Cluster Raises $1.9M With Plans to Expand

Culver City-based recruitment firm Cluster Inc. raised $1.9 million to expand its team and bolster relationships with manufacturers in Southern California, the company announced on March 13.

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Handbag Brand Hammitt Raises $2M

Hammitt Inc., a Hermosa Beach luxury handbag maker, raised $2 million dollars in funding from investors, according to a Feb. 6 securities filing.

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LinQuest Names CEO

Government space technology provider LinQuest Corp. named Timothy Dills its new chief executive, the company announced Monday.

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Earnings Report: Jakks Closing on Meisheng Deal; Stems Losses

A Chinese company’s bid to take over struggling Santa Monica toymaker Jakks Pacific Inc. appears to be coming to a close, according to a Feb.26 Securities and Exchange Commission filing that suggest the deal hinges on restructuring the company’s debt.

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