Shwanika Narayan

Reporter (Manufacturing and Trade)

Email: snarayan@labusinessjournal.com
Phone: 323-549-5225 Extension: 251

Recent Stories

Highview Capital Acquires Two Manufacturing Companies

Private equity firm Highview Capital’s first portfolio company, American Plastics, has acquired two Ohio-based manufacturing companies, the company announced on April 18. Terms of the deal were undisclosed.

Chinese Company's Impending Control of L.B. Terminal Prompts Concern

U.S. regulators have reportedly raised concerns about China-based Cosco Shipping taking control of a container terminal at the Port of Long Beach as part of its $6.3 billion acquisition of another shipping line, the Wall Street Journal reported on April 20.

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New Electric Buses at LAX

The L.A. Board of Airport Commissioners approved a $23.7 million purchase of new 60-foot electric buses that will be used to transport passengers between terminals on the airfield.

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Culver City Snack Brand Debuts With Kroger

Peatos gets shelf space at 1,700 locations; deal with Safeway expected

Healthy snack maker Snack It Forward lands deal with Kroger.

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Electric Vehicle Access Expands in L.A.

More charging stations, car-sharing programs on tap

EVgo positions its electric car charging business to meet L.A. demand, strikes deal with GM

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$130M in Wings on Port Pilot Program

TRADE: Macquarie commits to longer view

The proposed $130M staging facility at the Port of L.A. could ease container traffic congestion.

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New CEO at Mattel Inc.

Toymaker Mattel Inc. announced April 19 that its chief executive officer, Margo Georgiadis, is leaving the company to take up the top executive position at Ancestry, a consumer genomics company.

PierPass Switches to Appointments and Flat Fees for Shipping Cargo Pickups

PierPass Inc., a not-for-profit organization created by terminal operators at the Port of Los Angeles and Port of Long Beach, is replacing its pricing model and implementing an appointment-based system for container pickups, the entity announced on April 16.

So Cal Ports Report Cargo Movement for Q1

The number of cargo containers moved in the first quarter of 2018 was similar at the Port of Los Angeles and the Port of Long Beach but compared to the same period last year, one port set a record while the other saw a decline.

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Provenance Private Equity Firm Invests in Menswear Brand

Westwood-based Provenance, a private equity firm, closed a “significant minority investment” in menswear brand Knot Standard, the companies announced April 9. Terms of the deal were not disclosed.

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