LA MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
Herbalife announced Thursday that it plans to begin manufacturing its products at a facility in China that the company anticipates will be able to produce nearly two thirds of its products sold in that country.
The U.S. Environmental Protection Agency said Wednesday that AllenCo Energy has agreed to pay a $99,000 penalty for violating federal environmental laws at an oil field near USC.
Aluminum wheel manufacturer Superior Industries International Inc. announced Wednesday it would close its Arkansas plant by the end of the year as it prepares to open a fourth plant in Mexico next year.
Amgen Inc. announced on Tuesday that it would cut up to 15 percent of its global workforce, or as many as 2,900 jobs, as well as close plants and consolidate its offices at its sprawling Thousand Oaks headquarters complex.
Beyond Meat, an El Segundo startup that produces synthetic meat products from plants material, announced Monday that it had closed a Series D funding round.
Los Angeles oil company Breitburn Energy Partners announced Thursday that it has agreed to buy QR Energy of Houston for nearly $2 billion in cash and stock.
Shares of Reliance Steel & Aluminum Co. fell on Thursday after the company reported earnings below analyst expectations despite record revenue.
Shares of Westwood pharmaceuticals firm Puma Biotechnology Inc. increased by nearly 300 percent Wednesday after the firm reported a successful test of a drug being developed to treat breast cancer.
Shares of shoe company Skechers USA rose in after-hours trading Wednesday after the company’s reported exceeded estimates.
Shares of Malibu toy firm Jakks Pacific fell nearly 14 percent Wednesday after the firm reported a deeper loss than analysts expected.
Mattel announced Monday it will sell “Thomas & Friends” toys directly to customers through a new catalog and website designed specifically for fans of toys based on the popular train-themed children’s program.
Love Culture, the fashion company that was part of the recent upswing in clothing manufacturing in Los Angeles, filed for Chapter 11 bankruptcy on Wednesday.
Private rocket company SpaceX of Hawthorne has moved a giant step closer towards its goal of launching rockets for the U.S. military.
Footwear maker Skechers USA announced Thursday that it has filed a federal lawsuit against Fila U.S.A., alleging that the latter company has infringed upon the patents and design of one of its products.