Los Angeles Business Journal

LA MANUFACTURING

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

New CEO at Superior Industries

A veteran auto industry executive has been named the new chief executive of aluminum wheel manufacturer Superior Industries International Inc.

Pritzker Group Acquires Technimark

Pritzker Group Private Capital has acquired custom packaging company Technimark.

Gores Group Completes Joint Venture With Premier Foods

West Los Angeles private equity firm Gores Group announced Tuesday that it had finalized a joint venture with British food manufacturer Premier Foods to control Hovis, Premier’s branded line of bread and flour.

BYD Unveils Buses From Local Plant

The Antelope Valley Transit Authority will take delivery in the next few weeks of the first two electric buses made by Chinese manufacturer BYD Motors Inc. at its assembly plant in Lancaster.

Mattel-Mega Brands Deal Gets Canadian OK

Canadian toymaker Mega Brands Brands Inc. on Friday said that its acquisition by Mattel Inc. had been approved by Canadian regulatory courts and was expected to be completed next week.

AllenCo to Spend $700,000 on Improvements

The U.S. Environmental Protection Agency on Thursday announced an agreement with AllenCo Energy Inc. that will require the Signal Hill company to make significant improvements at its controversial oil field near USC.

Mattel Makes Barbie Film Deal With Sony

Sony Pictures Entertainment and toymaker Mattel Inc. on Wednesday announced a deal to bring the El Segundo toymaker's Barbie doll to life in a comedy film.

Better-Than-Expected Quarter Boosts Skechers

Shares of Skechers USA Inc. jumped 5 percent Wednesday after the Manhattan Beach shoe company announced first quarter earnings that soared above expectations.

Jakks Pacific Shares Fall on Earnings

Shares of Jakks Pacific Inc. fell 9 percent on Wednesday after the toy company reported higher revenue and a narrower loss in the first quarter.

Earnings Roundup: Avery, Cheesecake, IPC, Teledyne, On Assignment

A slimmer Avery Dennison Corp. on Wednesday announced fiscal first quarter results that were in line with Wall Street expectations for profit. Cheesecake Factory Inc. said Wednesday that same-store sales rose at most of its outlets during the fiscal first quarter but poor weather cut into profits. IPC disappoints. Defense cuts hit Teledyne. On Assignment meets forecasts.

L.A. Airport Board Recommends Palmdale Lease

The Los Angeles Board of Airport Commissioners recommended approval on Monday of a five-year lease with Japanese railcar manufacturer Kinkisharyo International LCC for space in Palmdale.

Mattel Reports Surprise Loss

Mattel Inc. on Thursday reported its first quarterly loss in five years, blaming it on weaker Barbie sales and excess inventory marked down due to a lackluster holiday season.

Cardenas Invites Sriracha Maker to the Valley

U.S. Rep. Tony Cardenas wrote an open letter Wednesday to Sriracha-sauce maker Huy Fong Foods Inc. to consider relocating to the San Fernando Valley.

American Apparel Back in Stock Market Compliance

American Apparel Inc. said late Wednesday that it had been informed by the NYSE Mkt Exchange that the company was back in compliance with the exchange’s listing requirements.

Blackstone Unit to Invest in Rentech

Shares of Rentech Inc. jumped 13 percent on Thursday after the company said that a Blackstone Group unit would invest $150 million in its wood fiber business. It also announced a settlement with a dissident investor group.