MANUFACTURING

Emerald Textiles Names New CEO to Oversee Expanded Laundry, Linen Service

El Segundo-based private investment firm Pacific Avenue Capital Partners and Hermosa Beach-based Highland Avenue Funds deepened the management team of its portfolio company Emerald Textiles with the appointment of Richard Bott as CEO.

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OSI Systems Scores $11M Contract to Provide Explosive Detector to European Airport

Specialized electronic manufacturer and designer OSI Systems Inc. announced Jan. 22 it had landed an $11 million contract to build an explosive detection system for an undisclosed European airport.

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Chanje Pushes E-Trucks

ENERGY: Electric vehicle-maker gets big FedEx order

Change in the air for Chanje after FedEx deal.

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Record Cargo Volume at Port of L.A.

The Port of Los Angeles moved a record number of goods with retailers scrambling to stock their warehouses amid the threat of Chinese tariffs, port officials said Wednesday.

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U.S. Supreme Court Decision Seen as Win for Truckers

Transportation workers cannot be forced to waive their rights through private arbitration agreements, the U.S. Supreme Court ruled Tuesday in a case that’s making waves in Southern California’s logistics industry where independent trucking contractors have been fighting for employee status.

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Capstone Sells Follow-on Turbine

Capstone Turbine Corp. received a third follow-on order for a microturbine from a company with natural gas operations in the Mid-Atlantic region.

Corridor Capital Sells Off Wetmore Tool & Engineering Company

Private equity firm Corridor Capital announced Wednesday the sale of Chino-based tool-manufacturing company Wetmore Tool & Engineering Company to Dormer Pramet, a subsidiary of the Sweden-based Sandvik Machining Solutions.

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Beyond Meat Adds Vegetarian Burgers to 1,000 Carl’s Jr.’s Locations

Beyond Meat Inc., based in El Segundo, announced Jan. 2 it linked with CKE Restaurant Holdings Inc., the parent company of fast-food chain Carl’s Jr., to offer meatless burgers at 1,000 Carl’s Jr. restaurants nationwide.

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MGA Entertainment Sues Louis Vuitton

Los Angeles-based toy maker MGA Entertainment filed suit in Los Angeles on Dec. 28 against fashion giant Louis Vuitton over MGA’s top-selling Poopsie Pooey Puitton Slime Surprise Kit and Carrying Case.

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Cherokee Inks New Licensing Deal for Tony Hawk Brand

Cherokee Inc. has agreed to license its Tony Hawk apparel line to India clothing distributor Batra Group, the Sherman Oaks fashion brand company announced.

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Bret Lane Named New CEO of SoCal Gas

Longtime company and gas industry veteran Bret Lane has been named chief executive of Southern California Gas Co. (SoCalGas), effective this week, parent company Sempra Energy announced Dec. 20.

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Funguys Inc. Raises $5.4M to Market Mushroom Drinks

Santa Monica-based Funguys Inc., a food company that sells a Four Sigmatic brand of mushroom coffees and teas, has raised $5.4 million from investors.

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Emerald Textiles Acquires MediClean Assets, Plans New Facility

Pacific Avenue Capital Partners and Highland Avenue Funds portfolio company Emerald Textiles announced Dec. 13 its acquisition of the assets of MediClean Linen and Laundry, a healthcare linen service provider. MediClean operates a location in Commerce, Calif., from its headquarters in Anaheim, and Emerald Textiles now operates both.

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8minutenergy, J.P. Morgan and Upper Bay Form $200M Joint Venture for Solar Project

Los Angeles-based 8minutenergy Renewables, the largest private solar and storage developer in the United States, and two other major New York investors, formed a joint venture to provide more than $200 million in capital to support 8minutenergy’s 10.7-gigawatt pipeline of utility solar and energy storage projects.

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El Segundo-Based Jaanuu Raises $15 Million to Produce Fashion Scrubs

Jaanuu Inc., a medical apparel company based in El Segundo, announced Dec. 10 it raised $15 million from investors.

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