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Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
Bioresins Firm Looks to Mold Future in Indiana
PLASTICS: Cereplast to exit El Segundo as part of cost-cutting strategy.Bioresins company Cereplast hopes moving its HQ to Indiana will help it get back in shape. May 13, 2013 midnight ShareSale of Carson Refinery Approved
Tesoro Corp. on Friday said it received approval from state and federal regulators to buy BP Plc’s oil refinery in Carson and other assets.
Wesco Awarded Airbus Contract
Valencia aerospace parts supplier Wesco Aircraft Holdings Inc. has received a contract to supply European aircraft manufacturer Airbus SAS with fasteners and hardware components.
Skechers Swings to Profit
Skechers USA Inc. said that it moved to a profit in the first quarter, as sales increased for its performance footwear.
Bellisio Foods to Buy Overhill Farms for $81 Million
Bellisio Foods Inc. on Wednesday said that it has agreed to buy Vernon frozen foods supplier Overhill Farms Inc. for about $81 million in cash.
Teledyne Dalsa Buys Dutch Chip Maker
A Canadian unit of Teledyne Technologies Inc. has bought a Dutch semiconductor company that makes high-performance integrated circuits for image-sensor and camera products.
‘Dude, Where’s My Airplane?’
AVIATION: ILFC sues insurer over loss of aircraft in Russia.
Jet lessor ILFC seeks insurance payment for a plane lost in Russia.
Power-Recovery Machines Generate Deal in Japan
ENERGY: Access looks beyond resource-rich U.S. to sell efficiency systems.
The United States, which is producing more oil within its borders, faces less pressure to conserve than countries such as Japan that have few natural resources.
AeroVironment Lands Charger Deal for Ford Electric Cars
Ford Motor Co. has selected Monrovia’s AeroVironment Inc. to install home charging stations for its plug-in cars.
KPMG Scandal Delays Skechers’ Filing
Skechers USA Inc. on Friday told the Securities and Exchange Commission that it would be late in filing its quarterly report with the regulator because it had to switch auditors due to the KPMG insider trading scandal.
True Religion to Go Private in $835 Million Deal
Vernon designer denim maker True Religion Apparel Inc. on Friday said that it has agreed to be acquired by investment management firm TowerBrook Capital Partners LP in a deal worth about $835 million.
Cereplast to Move HQ to Indiana
Struggling bioplastics maker Cereplast Inc. on Tuesday said that it plans to move its headquarters from El Segundo to Seymour, Ind. and make other changes in order to turn profitable.
Farmer Bros. Narrows Quarterly Loss
Farmer Bros. Co. reported a smaller net loss in its fiscal third quarter as the Torrance coffee roaster benefitted from a drop in coffee bean prices.
Irani Forced Off Oxy Board
Ray Irani, former chief executive of Occidental Petroleum, was forced off the Westwood oil giant’s board on Friday.
Mixed Quarter for Dole
A smaller Dole Food Co. produced as much revenue as expected by analysts in its fiscal first quarter, but its profits failed to meet projections due to litigation expenses.
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