MANUFACTURING
Molson Coors to Quit Irwindale Brewery
Molson Coors Beverage Co. said it will cease operations at its Irwindale brewery by September and has offered the facility to Pabst Brewing Co. for $150 million.
LA Companies Feeling Blue
Style brands embrace ‘color of the year’
Classic Blue is the new black. At least this year.
Port of LA Sets Partnerships
Signs deals with Indonesian, Danish port operators
The Port of Los Angeles has pledged to collaborate with entities from Northern Europe and Indonesia on port operations, technology and more.
Traffic Drops Again at LA, LB Ports
Trade: Tariffs continue to take toll on imports
The ports of Long Beach and Los Angeles saw cargo traffic dip again in November.
LA Companies Shine at Auto Show
AUTOS: EV makers, service companies roll out products and court investors
L.A. automakers show off their wares at the L.A. Auto Show.
Cadiz Joint Venture Harvests Test Hemp
AGRICULTURE: SoCal Hemp Co. anticipates first commercial crop next year
Cadiz and Glass House Group’s SoCal Hemp Co. readies for its first hemp harvest on Cadiz’s Mohave Desert aquifer.
Avery Dennison Acquires Smart Label Unit for $249 Million
Label maker Avery Dennison Corp. purchased a division of Smartrac Technology Group for $249 million.
Jakks Pacific Names Former Mattel Executive as CFO
Former Mattel executive John Kimble is joining toymaker Jakks Pacific as chief financial officer.
Ports in a Storm
LA, Long Beach are feeling the impact of tariffs
Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.
Beyond Meat Thinks Bigger
FOOD: Confidence grows after posting first profit
After his company reported its first quarterly profit, Beyond Meat’s Ethan Brown is looking to go global.
Oil Company Might Run Dry
ENERGY: Wilmington firm worries about drilling proposal
A proposed law could force Cooper & Brain Inc. to shut down most of its oil wells in the city of Los Angeles.
New Glass Industry Supply Company Launches
Manufacturing: Former C.R. Laurence executives start competitor
Frameless Hardware Co. is a new glass industry supply company in South Gate founded by two top executives formerly with the region’s premier glass industry supplier, C.R. Laurence Co. Inc.
Mattel Shares Rise on Strong Quarter, New CFO
Mattel shares surged in after-hours trading on better-than-expected earnings for the third quarter and news that the company plans to hire a new chief financial officer.
Beyond Meat Turns a Profit, Raises Growth Forecast
Beyond Meat turned its first quarterly profit and raised its year-end growth forecast.
Leadership Changes at BakeMark USA
Pico Rivera-based BakeMark USA, a manufacturer and distributor of bakery ingredients, products and supplies, announced the return of Jim Parker as the company’s president and chief executive on Oct. 23.