Los Angeles Business Journal

LA MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Teamsters Shift Gears at Docks

TRUCKING: Union revs up pressure on company investors.Teamsters hope to drive Total Transportation Services to organize by pressuring investors in the company’s equity fund owner.

By Andrew Edwards September 29, 2014 midnight   $$ Share

Advanstar OKs UBM Buyout

Santa Monica trade show organizer Advanstar Communications Inc. announced on Wednesday that is has agreed to be acquired by publicly traded British communications and events company UBM for $972 million.

Poll: Korean rice alcohol soju is the best-selling spirit in the world, but it is still a novelty in the U.S. Have you ever tried it?

Every week the Los Angeles Business Journal asks readers their views on a variety of business and economic issues. A running tally is available on the site and later will be published in the Commentary section of our print edition.

Industry’s Allfast to Be Acquired

Michigan manufacturing company TriMas Corp. announced this week it plans to acquire Allfast Fastening Systems Inc. in City of Industry for about $360 million.

L.A. Companies Get Drone Filming Permits

Two local aerial photography companies are among six the Federal Aviation Administration on Thursday approved to use drones for film and television production.

Ports of Los Angeles, Long Beach Close Terminals

Air quality concerns shut down the Port of Los Angeles and half of the Port of Long Beach today as firefighters continued to fight a wharf fire that ignited on Monday night.

SpaceX, Boeing to Share NASA Contract

Hawthorne rocket maker SpaceX and Chicago aerospace giant Boeing Co. will share a contract to ferry U.S. astronauts to and from the International Space Station, NASA Administrator Charles Bolden announced today.

August Shipping Up at Port of Los Angeles, Down in Long Beach

Cargo volumes increased last month at the Port of Los Angeles, although the neighboring Port of Long Beach saw a decline in activity after what officials there characterized as mismatch between last year’s peak shipping season and this year’s.

Northrop Aims to Land Big One

The Defense Advanced Research Projects Agency wants to build an unmanned plane that can fly into space and land back on Earth, and Northrop Grumman Corp. and its partners are trying to figure out how to do it.

Farmer Bros. Bounces Back from Previous Year’s Loss

Farmer Bros. Co. on Tuesday reported improved sales and earnings, recording its most profitable year in a decade, according to Mike Keown, the company’s president and chief executive.

Virgin Receives NASA Contract

Two aerospace companies at the Mojave Air & Space Port, including Virgin Galactic, have received three-year contracts from NASA to take scientific payloads into sub-orbital space.

L.A. Manufacturers Get Lift From Chinese Growth

It’s easy to oversimplify U.S.-China trade relations as a story of scrap materials going overseas while finished products come back, but the reality is becoming more complicated.

AeroVironment Loss Worse Than Expected

Monrovia’s AeroVironment Inc. on Wednesday reported earnings that fell short of analysts’ expectations.

Teledyne Acquires Bolt Technology

Teledyne Technologies Inc. announced Wednesday it will acquire Bolt Technology Corp., a manufacturer of marine equipment used in energy exploration and other purposes, in a deal valued at $171 million.

Amgen Seeks Cholesterol Drug Approval

Amgen Inc. announced on Thursday that it will seek U.S. government approval to sell pipeline drug evolocumab that has significantly reduced cholesterol for patients in clinical trials.

Amgen Gets FDA 'Fast-Track' Status

Amgen Inc. announced on Wednesday that the Food and Drug Administration has granted priority review to ivabradine, an oral drug for the treatment of chronic heart failure.