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

Hollywood Bed Makes First Acquisition

Hollywood Bed & Spring Mfg. Co. Inc., a 75-year-old bed frame manufacturer, just completed its first acquisition.

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Downtown Honda Dealership Sells for $80 Million

Brandon Steven Motors acquired Honda of Downtown Los Angeles for $80 million. It’s the Wichita, Kan.-based dealership chain’s 13th store and its first in California.

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AECOM Secures Contract for Thames Tunnel Project

Century City-based engineering and infrastructure giant AECOM has received a contract to provide ground assessment services for the third phase of the 14.3-mile, $7 billion-plus Lower Thames Crossing highway tunnel project near the mouth of England’s famed Thames River.

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8minute Solar Starts Texas Project With Duke Energy

Mid-Wilshire-based 8minute Solar Energy and Charlotte, N.C.-based Duke Energy Renewables have begun commercial operations on their 280-megawatt Holstein Solar Project in Texas.

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Skechers Results Top Expectations

Company surprises analysts with second-quarter revenue

Footwear and apparel manufacturer Skechers USA Inc. reported second-quarter sales that beat Wall Street expectations.

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SpaceX Hits Key Milestones With Latest Launch

Space Exploration Technologies Corp. achieved two milestones with the July 20 launch of a Falcon 9 rocket carrying Anasis- II, a South Korea military satellite.

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Aerojet Rocketdyne Completes Rocket Hardware for NASA Lunar Mission

Aerojet Rocketdyne, a missile propulsion manufacturer based in El Segundo, completed the propulsion hardware for NASA’s Space Launch System rocket and Orion spacecraft.

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UStrive Cuts Waste With Reusable Medical Wear

After Los Angeles Mayor Eric Garcetti shut down all nonessential businesses in March, many apparel manufacturers circumvented his Safer at Home order by pivoting to making personal protection equipment.

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Cargo Volumes Decline Again at LA, Long Beach Ports

It looks like June gloom will continue to hover over the San Pedro Bay ports into the foreseeable future.

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Roland Names Price to Lead U.S. Operations

Electronics manufacturer Roland Corp. has named a new CEO for its U.S. operations and a new executive vice president of global sales.

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Moen Buys Water Monitoring Company Flo Technologies

Companies will team up on smart water technology

Water fixture giant Moen Inc. has acquired a majority share of Culver City-based Flo Technologies Inc. Terms were not disclosed.

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Apparel Firm Shon Simon Was Ready for Mask Demand

Sometimes, ignoring advice from the Centers for Disease Control and Prevention pays off.

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AR Startup Vertebrae Rides Ecommerce Wave

Company’s tech sees increased use amid lockdowns

The quarantine that has fast-tracked ecommerce — it’s expected to increase 18% to $709 billion this year and represent 14.5% of total U.S. retail sales, according to industry researcher eMarketer Inc. — has also been a boon for augmented reality software developers focused on retail.

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Mattel Names Campbell Soup Veteran DiSilvestro as CFO

Hiring follows investigation into accounting practices

El Segundo-based toy maker Mattel Inc. has brought on two new executives for key positions.

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Heavy Duties

Gene Seroka guides the Port of LA — and the city’s PPE supply efforts

Gene Seroka, the executive director of the Port of Los Angeles, picked up additional duties in March when Los Angeles Mayor Eric Garcetti named him the city’s chief logistics officer.

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