Los Angeles Business Journal


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

Motorcar Parts’ Quarter Beats Expectations

Shares of Motorcar Parts of America Inc. rose nearly 15 percent on Monday after the manufacturer and distributor of automotive aftermarket parts reported a better-than-expected fiscal third quarter.

Winemaker Takes Off With Airline

Le Grand Courtage gets big lift from Virgin America deal.

Le Grand Courtage was on board early with the idea of getting its bottles on Virgin America flights.

Teledyne Scores $60 Million NASA Contract

A subsidiary of Teledyne Technologies Inc. received a $60 million contract from NASA to build a section of the space agency’s new Orion launch vehicle for deep space missions, the company announced Tuesday.

Minimum Wage Violations Withdrawn Against BYD

Minimum wage violation charges against Chinese electric vehicle manufacturer BYD Co. Ltd. were withdrawn Tuesday by the California Department of Labor Standards and Enforcement, according to the law firm representing BYD.

Semtech Lays Off 6 Percent of Workers

Semiconductor maker Semtech Corp. is laying off 6 percent of its workforce due to softer demand for its chips used in smartphones and other devices.

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Tackling Football Injuries

Iron Neck exercises muscles to help protect head in collisions.

Sports: Mission Competition’s Iron Neck exercise device looks to head off football injuries.

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Doughnut Company Sees Holes to Fill in SoCal

Food: Krispy Kreme’s area franchisee plans to open 20 shops in next seven years.

Krispy Kreme plans to go hole hog in Southern California with 20 new stores.

Boeing Contract Boosts Teledyne's Quarter

Teledyne Technologies Inc. beat analysts' estimates on fourth quarter revenue and earnings, the aerospace, marine and energy products manufacturer said Thursday.

FutureLogic Hires CEO

Glendale thermal ticket and receipt printer manufacturer FutureLogic Inc. has named a new chief executive and made other changes to its senior management.

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Kombucha Craze Has Soda Firm Ready to Pop

Beverages: Sales of Asian tea drink projected to double; Reed’s may attract buyout.

Reed’s Inc. has been riding the wave of the kombucha craze. But that means bigger drinkmakers might want to swallow it up.-

Capstone Gets Big Order from Oil and Gas Customer

Shares of Capstone Turbine Corp. jumped Friday after the Chatsworth firm announced it received multiple orders.

MGA Files Another Case Against Mattel

MGA Entertainment Inc. said on Monday it had sued rival toymaker Mattel Inc. for trade-secret theft related to the two companies’ longstanding battle over MGA’s popular Bratz doll line.

Cherokee Acquires Tony Hawk Line From Quiksilver

Cherokee Inc., the Sherman Oaks apparel and accessories brand-licensing company, has acquired the Tony Hawk and Hawk Signature apparel brands from Quiksilver Inc. of Huntington Beach for $19 million.

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High Times

Soaring stock mints first legal pot billionaire

Marijuana dispensing machine maker Medbox has turned into a pot of gold for its newly minted billionaire owner.

American Apparel Stock Falls on Sales Drop

Shares of American Apparel Inc. fell more than 18 percent on Thursday after the apparel company said same-store sales fell 6 percent last month.