Los Angeles Business Journal


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

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.

Ceres Reports Loss; Simulations Plus Sees Profit

Energy crop developer Ceres Inc. reported deeper losses than expected, but beat Wall Street's revenue expectations. Software maker Simulations Plus Inc. announced fiscal first quarter results that also beat analysts' revenue estimates.

Obit: Former Northrop Chief Tom Jones, 93

Thomas V. Jones, the maverick chief executive who grew Northrop Corp. into an aerospace giant over his 30 years at the helm, died Tuesday of pulmonary fibrosis. He was 93.

L.A. City Attorney Sues Allenco Energy

Los Angeles City Attorney Mike Feuer on Tuesday filed suit against the operators of a controversial South Los Angeles oil field with operations that have been blamed for noxious vapors causing health problems.

Levine Leichtman Acquires Craft Supplier

Levine Leichtman Capital Partners on Monday said it partnered with the management of craft clay maker Polyform Products Co. to acquire the company.

Qualstar's CEO Adds to His Stake

Steve Bronson, chief executive of Qualstar Inc., has purchased more than 85,000 shares of the company’s stock in the last two weeks, pushing up his stake to more than 21 percent of outstanding shares, according to a regulatory filings.

Yamaha Acquires Line 6 Inc.

Calabasas audio product manufacturer Line 6 Inc. has been acquired by Yamaha Corp.

Revolution Capital Acquires Danish Furnishings Firm

Revolution Capital Group has completed its acquisition of Tvilum, a Danish unit of U.S.-based Masco Corp.