Los Angeles Business Journal

LA MANUFACTURING

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

Charney Investigation Costs American Apparel

American Apparel announced a substantial quarterly loss on Monday, but a large part of that was due to one-time charges relating to an internal investigation of former chief executive Dov Charney.

Freedom Investors Press for Receivership

Two investors who helped finance the purchase of Freedom Communications in 2012 have asked a court to put the media company’s operations into receivership.

Union Accused of Slowing Port Traffic

The Pacific Maritime Association is accusing the International Longshore and Warehouse Union of orchestrating a deliberate slowdown of container movement at the ports of Los Angeles and Long Beach, after initiating similar actions earlier this week at the ports of Seattle and Tacoma.

FBI Veteran Joins Board of Marijuana Machine Maker

West Hollywood’s Medbox Inc., a maker of marijuana dispensing machines, has added a former FBI assistant director of security to its board of directors.

Strong Earnings, New President for Avery

Avery Dennison saw shares of its stock rise on Friday, following a strong third-quarter earnings report and the appointment of Mitchell R. Butier as the company’s new president and chief operating officer.

Profit Drops for Local Oxy Unit Amid Rising Production Costs

Thanks to rising production costs and softening oil prices, profits fell during the third quarter at California Resources Corp., the oil producer that is to be spun off from Occidental Petroleum Corp. next month.

Board Asks Gov. Brown to Settle Kinkisharyo Dispute

The governing board of the Antelope Valley Air Quality Management District is asking that Gov. Jerry Brown intervene in a dispute threatening Kinkisharyo International from opening a rail car factory in Palmdale.

Frozen Out of Disney, Mattel Looks to Universal

After losing a coveted deal to make dolls based on Disney’s “Frozen” and other princess films to rival Hasbro last month, El Segundo toy maker Mattel announced Tuesday that it has partnered with Universal Pictures to develop a line of toys based on the “Despicable Me” movies.

Port of Long Beach Sees Heavy Traffic

Cargo numbers rose sharply for the Port of Long Beach in September as the port recorded its heaviest traffic for that month since 2007.

Aecom Acquires URS

Downtown Los Angeles engineering and construction firm Aecom Technology Corp. completed its acquisition of San Francisco’s URS Corp. Friday in a $6 billion deal that creates a giant in the engineering and construction industry.

Port of Los Angeles Has Busiest Month Since 2006

September was the busiest month the Port of Los Angeles has seen since 2006.

Mattel Sales and Profits Droop

Mattel Inc. remained profitable during the third quarter despite an 8 percent decline in worldwide sales, the company reported Thursday.

After Labor Dispute, Kinkisharyo Kills Plans for Palmdale Plant

Kinkisharyo International has scrapped plans to build a rail car manufacturing plant in Palmdale following a labor disute and will instead look outside California to locate the facility.

Indian Actions Have Water-Free Firm Flush With Anger

Indian officials have ordered the removal of more than 800 waterless urinals in Delhi, and the chief executive of the Los Angeles company that produces the equipment isn’t happy about it.

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.