Stories by Mediha
Several local companies serving the manufacturing and retail sectors kicked off September with new funding rounds.
Troy Sheet Metal Works Inc., d.b.a. Troy Products, said it acquired Prisoner Transport Systems from Quality Plastics Inc., based in Sparks, Nev.
The bill would expand the consumer EV tax credit and provide an additional $4,500 for vehicles made by union labor.
Downtown-based apparel brand Johnny Was has quadrupled its annual revenue to about $200 million.
The Gensler-designed renovation adds a rooftop terrace, open-air skybridges, dining space and an events plaza.
With some 60 container cargo ships idling at the entrance of the port complex last week, traffic congestion in the San Pedro Bay shows no signs of letting up.
OSI Systems Inc.’s forecast for 2022 shows positive outlook for its security and optoelectronics divisions.
Revolve Group Inc. is embarking on a major marketing push that involves increased spending and a celebrity hire.
Spectrum Laboratory Products Inc., whose chemicals are used to make Covid-19 vaccines, is bracing for an uptick in production amid concerns that the pandemic is far from over.
Whiplash, which handles warehousing and distribution for Macy’s and Bed Bath & Beyond, said it plans to make Salt Lake City a long-term shipping node.
FAT Brands Inc.’s latest deal to acquire a Texas-based sports bar chain upped its acquisition spending to about $743 million, and there’s more to come before year’s end.
Guess Inc. reported mixed financial results for the second quarter of its fiscal 2022 that ended July 31, which dampened the company’s share price 5% in after-hours trading on Aug. 25.
Honest Co. Inc.’s shares hovered around $10 two weeks after the Playa Vista-based maker of nontoxic and eco-friendly personal and household products posted second-quarter earnings and revenue that fell short of Wall Street expectations.
After its successful debut on the Nasdaq in May, Long Beach-based HydraFacial Co. was renamed Beauty Health Co.
Products from the "radically inclusive" beauty company are headed to 3,000 Walmart stores.
Bonduelle Fresh Americas appointed Andrea Montagna as its new chief executive.
Peak shipping season is in full swing at the San Pedro Bay port complex, signaling that August cargo stats will likely top records set in July.
Shares of Revolve Group Inc. stabilized at about $65 on Aug. 5 after the company’s stock suffered a 20% dive following the ecommerce retailer’s second-quarter earnings report.
Kitchen United Inc., a Pasadena-based company that operates off-premise ghost kitchens, has teamed with Kroger Co.
Seattle-based Amazon.com Inc. is looking to hire hundreds of workers for its new Amazon Fresh grocery stores set to open in the coming months in La Habra and Cerritos.
The Port of Long Beach is putting the finishing touches on its Middle Harbor Redevelopment.
Individual FoodService not only survived but thrived during the pandemic.
Shares of El Segundo-based Beyond Meat Inc. dipped 5% in after-hours trading as the company reported mixed results for the second quarter that ended July 3.
With the Los Angeles Unified School District on track to welcome students for in-person learning next week, retailers are competing for back-to-school shoppers.
Fisker Inc. is eyeing vertical integration.
After a 24-month hiatus, the Los Angeles Auto Show is getting ready to take over the Los Angeles Convention Center come November.
Mattel Inc. surpassed Wall Street estimates for revenue and earnings and outpaced its competitors in the second quarter that ended June 30.
July was a volatile month for Newegg Commerce Inc.’s stock.
Shares of Skechers U.S.A. Inc. rose about 8% after the Manhattan Beach-based designer and manufacturer of footwear and apparel beat top- and bottom-line forecasts for the second quarter.
Dodger Dogs are back in the grocery stores, but the packaging looks slightly different.
El Segundo-based Beyond Meat Inc. has launched its version of plant-based chicken tenders, and the product is expected to be available this month at some 400 restaurants locations nationwide.
Entrepreneur and supermodel Tyra Banks has launched a second venture at Santa Monica Place — an ice cream brand.
L.A. companies are keeping remote work structures even as the pandemic eases.
How They Got Here: California Resources Corp., which spun off in December 2014 from Houston-based Occidental Petroleum Corp., is among the largest oil and gas producers in California.
The volume of cargo containers moved by dockworkers and terminal operators at the San Pedro Bay ports complex continues to surpass last year’s records by double digits.
About 10 miles up the road from Beyond Meat Inc., another local company is looking to pea protein to grow its bottom line.
Cacique USA, a Monrovia-based producer of Mexican-style cheese, cream, yogurt and chorizo, has started construction of a food processing factory in Amarillo, Texas. The 200,000-square-foot facility is set to come online in the fall of 2022 and employ about 200 workers.
American Honda Motor Co. Inc. has named its first battery-powered electric vehicle the Prologue, a nod to changes coming down the company’s product pipeline.
Torrid’s July 1 debut on the New York Stock Exchange under the CURV ticker symbol went well — its shares were trading at 14% above the initial price on its opening day.
SEA Electric Holdings Pty Ltd., a new kid on the local EV block, is considering going public to accelerate its growth trajectory.
Fat Brands will acquire the operator of Round Table Pizza and Hot Dog on a Stick for $442.5 million.
The latest funding round for 1661 Inc. has doubled the valuation of the footwear and apparel reseller to $3.7 billion.
The Port of Los Angeles has set yet another record.
Veggie Grill Inc. is looking to franchising as it expands its new plant-based hamburger concept.
Guess Inc. has extended its eyewear licensing agreement with Italian company Marcolin until 2030.
Playa Vista-based Honest Co. Inc.’s first-quarter earnings landed slightly above estimates presented in the prospectus for the company’s May 5 public debut on the Nasdaq.
Both the Port of Los Angeles and the Port of Long Beach are prepping for what could be another record-setting year.
Local businesses are welcoming California’s long-awaited June 15 reopening with tempered expectations.
"We saw everyone trying to jump into the hard seltzer space, and they were all doing the same flavors. We saw an opportunity to do something different."
"We are the first OBGYN-approved legging in the market."