MANUFACTURING

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

Ports See Slowdown

Imports at the San Pedro Bay ports were flat in August while exports slid as the U.S.-China trade war drags on. Imports at the L.A. and Long Beach ports, the nation’s largest hub for Asian trade, were near flat for the second consecutive month.

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Albertsons, Vons, Ralphs Grocery Workers Ratify Contract, Get Raise

Grocery workers at Vons, Albertsons, Ralphs and Pavilions in Southern California averted a strike and ratified a three-year contract Thursday, calling it the best deal they've had in three decades.

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Grocery Workers Union Deal May Avert Strike

Details of the contract weren’t released pending the vote, but union leadership recommended ratification. Results for the vote are expected Sept. 12.

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Grocers Prepare for Possible Strike

Ralphs, other chains eye replacement workers

Ralphs, other chains eye replacement workers

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New Coffee Brands Bring the Heat

BEVERAGES: Roasters blend innovation, ambition

Third-wave coffee roasters jolt L.A.’s competitive coffee market.

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Pop Star Ariana Grande Sues Forever 21 for $10 Million

Pop superstar Ariana Grande sued teen retailer Forever 21 for $10 million, accusing the struggling chain and its beauty company of using her likeness to sell their products without authorization.

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Forever 21 Likely to File for Bankruptcy

Mall stalwart falters in changing landscape

Fashion retailer Forever 21 Inc. is reportedly on the brink of filing for bankruptcy protection.

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China Plans Tariffs on $75 Billion in US Products in Retaliation to Trump Trade Policies

The U.S -China trade war intensified on Friday, jolting the stock market and sending a collective shiver of worry among Los Angeles retailers, distributors and manufacturers.

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CAN DO SPIRITS

Premixed cocktails, hard seltzers gaining on beer’s dominance

Premixed cocktails, hard seltzers gaining on beer’s dominance

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El Segundo’s Quest Nutrition Picked Up for $1 Billion

In a deal that marries two diet crazes, maker of a low-carb line of Atkins products, Simply Good Foods Co., picked up El Segundo-based Quest Nutrition for $1 billion.

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'Daycation' service ResortPass raises $9 million

A Santa Monica-based booking service that offers day passes to high-end hotels raised $8.7 million in a new funding round, according to an Aug. 19 Securities and Exchange Commission filing.

Exports Fall, Imports Flat as Trade War Hits Southern California Ports

The U.S.-China trade war is pounding the San Pedro Bay ports. Import volumes were essentially flat year over year in July as exports declined 5.1%.

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Mattel Shares Tumble After Bond Sale Stopped Over Whistleblower Letter

Barbie-maker Mattel’s stocks tumbled Friday after the El Segundo-based company announced it terminated the sale of senior notes, so it could investigate an anonymous whistleblower letter.

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Platinum Equity Buys Wesco Aircraft for $2B

A portfolio company of Beverly Hills-based private equity firm Platinum Equity has paid $1.9 billion to buy Wesco Aircraft Holdings Inc., a Valencia-based aerospace parts and supply chain services provider.

Ecommerce Apparel Co. Revolve Reports Loss in First Period Since Going Public

Social media fueled Revolve’s shares sank on Friday after the Cerritos-based ecommerce apparel company reported a $28 million loss.

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