Los Angeles Business Journal


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

Cargo Dips in L.A. as Long Beach Surges

The Port of Los Angeles saw container cargo volume fall in July, a sharp contrast to a record-setting month at the port next door.

Early Holiday Orders Flow Into Long Beach

It was Christmas in July for the Port of Long Beach, which on Thursday reported record monthly cargo traffic as the peak pre-holiday shipping season got off to a strong start.

Fisker to Open Manufacturing Plant in Moreno Valley

Fisker Automotive Inc. said it would open a manufacturing facility in Moreno Valley, marking the first time Southern California will have an automotive plant in decades.

Cargo Traffic Down in L.A., Long Beach

Cargo volume at the ports of Los Angeles and Long Beach fell last month compared with the same period last year, the latest figures show.

Guess Founder Paul Marciano Steps Aside as CEO

There’s no more questioning who will be the new head at Guess Inc.

AeroVironment Posts Solid Earnings Amid Activist Push

Monrovia drone maker AeroVironment Inc. posted better-than-expected earnings Tuesday, thanks to strong sales of its unmanned aircraft.

Port of Los Angeles Plans $67 Million Terminal Upgrade

The Port of Los Angeles said it would start work this summer on a two-year, $67 million project to upgrade several berths at Yusen Terminals.

Budweiser Brewery Plans $20 Million Upgrade

Anheuser-Busch is investing $20 million at its Van Nuys brewery to improve water efficiency in the filtering, brewing and packaging operations.

Tiny Tesla on Offer From Mattel

El Segundo toy maker Mattel Inc. has recently started selling a tiny version of Tesla Motors’ flagship electric luxury sedan, the Model S.

Long Beach Cargo Traffic Rises

May container cargo movement at the Port of Long Beach reached its highest level since October, officials reported Wednesday.

Los Angeles Container Cargo Volume Rose in May

Every little bit helps. The Port of Los Angeles saw a less than 1 percent increase in container cargo movement last month compared to the year-ago period, though the increase was due to a large volume of empty containers heading back overseas.

Heinz to Close Chatsworth Plant

H.J. Heinz Co. is shutting down its condiments and sauces plant in Chatsworth and laying off 145 employees, the San Fernando Valley Business Journal has learned.

Jacobs Scores Long Beach Port Contract

Pasadena’s Jacobs Engineering Group Inc. is getting in on the Port of Long Beach’s $1.3 billion Middle Harbor project.

United Oil Triples Store Count with Acquisition

United Oil, a major operator of convenience stores and gas stations in Southern California, will vastly expand its operations across the Western United States after acquiring Pacific Convenience & Fuels of Pleasanton.

Murad Alleges CVS Selling Goods Without Permission

Skincare company Murad Inc. said it filed a lawsuit Monday against CVS Health Corp. alleging the retail pharmacy chain has been selling its products without the El Segundo firm’s permission.