Stories for August 2012
Friday, August 31
Video discovery site McFeedia announced yesterday that it has added two new partners, MovieClips and AnyClip, who will provide content to their site.
Nail care company OPI announced this week that John Heffner will be the brand’s new president and general manager. Current President George Schaeffer will remain founder and CEO
Russell Hicks, a 14-year Nickelodeon veteran and its chief creative officer since 2008, has been named to the new position of president, content development and production for the Nickelodeon Group.
Thursday, August 30
NuvoTV, an English-language cable network for bi-cultural Latinos in the U.S., today announced it has obtained $40 million in financing that will be used to expand a diverse roster of groundbreaking, original programming.
Data storage provider DataDirect has appointed Pascal Barbolosi as its vice president, EMEA.
Princess Cruises announced yesterday a new Caribbean cruise aboard its small ship, Pacific Princess. The 10-day trip will feature calls at the boutique ports of Tortola and St. Barthelemy.
Wednesday, August 29
LandMark Retail Group has completed the development of a new CVS/Pharmacy store in Palmdale.
Dr. Zouheir H. Elias has been elected as the new chief of staff at Northridge Hospital Medical Center.
Online marketing firm ReachLocal, Inc. has opened additional offices in Canada and Germany.
Tuesday, August 28
Santa Clarita-based Princess Cruises today began construction of the second of its new generation of ships with the official keel laying ceremony at the Fincantieri shipyard in Monfalcone, Italy.
Entertainment Partners has been named as among the most engaged workplaces in the U.S. by Achievers, a firm that works with companies on employee rewards and recognition programs.
Monday, August 27
Ixia has completed its acquisition of cyber security testing firm BreakingPoint Systems, a deal valued at $160 million.
Information technology services provider NetSol Technologies Inc. received notice Aug. 27 that it regained compliance to be listed on the Nasdaq stock market.
Wind turbine manufacturer Sauer Energy will be consolidating all its satellite facilities into one location with its lease of a new headquarters in Camarillo.
Friday, August 24
The Valley Economic Development Center received a federal $953,806 grant to support its program providing loans to small businesses.
Farid Emrani has been promoted to president and chief executive officer at Logicube, a Chatsworth manufacturer of hard drive duplication technology.
Thursday, August 23
Representatives of three San Fernando Valley companies involved in making 3D movies have been named to the board and executive committee of the International 3D Society & 3D@Home Consortium.
Biofuel company Ceres has named Steve Koonin, former chief scientist at BP and undersecretary of energy for science, to their board of directors.
Glendale-based printer company FutureLogic announced this week that it has been chosen as the supplier for three Canadian video lottery jurisdictions.
Wednesday, August 22
At a facility in Camarillo, GE and greenhouse grower Houweling’s Tomatoes today formally revealed the nation’s first combined heat and power project that captures carbon dioxide for plant fertilization.
NBC4 Southern California today announced several changes to its newscasts.
Financial software developer BlackLine Systems has opened five new offices in the U.S. and internationally.
Tuesday, August 21
Sauer Energy Inc., the Newbury Park-based technology developer and manufacturer, announced today that it entered into a $5 million equity line agreement with St. George Investments, which the company hopes will fund further growth.
Storage: UCLA archive will share space in state-of-the-art facility in Santa Clarita.
Construction: Film preservation facility will house UCLA film archives
A U.S. Army center for chemical and biological defense has licensed three software packages from Lancaster company Simulations Plus Inc. as part of its research projects.
Qualstar Corp. has reduced its workforce by 13 percent as a result of discontinuing unprofitable legacy product lines and old drive technologies.
Monday, August 20
DreamWorks Animation SKG Inc. has picked Twentieth Century Fox as the distributor of its feature films beginning next year.
Voices.com has helped Studio City woman to snag corporate clients.
Online: Web-based service gives voice actress’s career new life
Tourism: Organizers want to expand the 2013 season to meet demand.
Tourism: Organizers of L.A. River kayaking excursions eyeing ways to expand
Events: Bob Eubanks stays relevant in today’s fast-forward society.
Icon: Bob Eubanks has reinvented himself as a corporate keynote speaker.
Anthony International leads the world in energy-efficient refrigeration.
Green: International acquisitions and focus on energy-efficient products help Anthony International to grow.
Show honors the work of designer who made pony cars popular.
Auto: Galpin Ford to host all-Shelby car show in honor of late auto designer.
Law: Armand Arabian shares his Armenian roots and legal carer in new book.
Memoirs and historical accounts are among the hottest categories in nonfiction book sales these days.
project: Palmdale city officials determined to build hybrid plant.
Energy: Palmdale officials determined to get hybrid power plant online.
Chef Katsuya Uechi has grown his Studio City sushi restaurant into a high-end national restaurant brand.
Restaurant: Q&A with Katsuya Uechi of Katsu-ya
Event: Proceeds from ‘Cops & Cowboys’ dinner will fund training, equipment
The Mid-Valley Community Police Council recently joined forces with local businesses to raise $35,000 to aid police resources at the LAPD Van Nuys Area Division and the LAPD Youth Program.
film: Glendale studio considering next move on distribution deal.
Studios: DreamWorks nears self-imposed deadline to secure distribution deal.
Los Angeles Equestrian Center fights economic downturn.
Economy: Los Angeles Equestrian Center trying to revive business after downturn.
Sales: Financial incentives, new Models are bringing shoppers back to dealers.
LIST STORY: Auto dealers report optimism on sales. Includes SFVBJ's 2012 VALLEY'S LARGEST AUTO DEALERS list for download (pdf)
Retail: Cupcakes and bread puddings to hit new U.S. stores in 2013.
Retail: Westlake bakery owner Arleen Scavone planning franchise expansion
News and notes from around the greater San Fernando Valley area
Kaiser Permanente marked the 50th anniversary of its Panorama City Medical Center Aug. 3 with a groundbreaking ceremony for its newest addition to the site.
Beauty: Spas operating without a doctor subject to increased fines.
Medicine: Changes to state law may lead to crack down on local medical spas.
FILMS: Conference pairs up content producers with distributors and networks.
The Westdoc documentary film and reality programming conference will return in September after a one-year hiatus.
Spin Off: Floral service FTD to become a separate publicly traded company.
Strategy: United Online Inc. explores options to maximize its extensive portfolio.
Photographs of recent business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.
Market: Precision Castparts buys Klune Industries in bid to build up aerostructures.
Health: Website upgrades attract patients and manage patient flow, leaders say.
If you’ve ever had to visit a hospital’s emergency department, you know that waiting to be seen can take a few minutes or several hours, depending on any number of factors.
myCode beams offers, station promotions to mobile devices.
Tech: NBC4 launches new mobile app that connects viewers with advertisers
New products to hit stores this fall.
Beauty: Local brand SpaRitual to debut new body products for fall 2012
Come November, Los Angeles County voters will be deciding the fate of one of its largest industries and economic contributors.
Aviation: Public hearing in Valley draws residents from throughout Los Angeles.
Aviation: Residents highlighted concerns about helicopter noise at FAA hearing
Friday, August 17
Bayless Engineering & Manufacturing has been named as one of the top metal forming and fabricating companies in the U.S. by an industry trade publication.
An Encino attorney, Matt Crowley, has been elected as president of the Los Angeles Venture Association.
Thousand Oaks-based financial planning and wealth management company Lamia Financial Group, LLC, announced that it is expanding with the addition of two new staff members.
Thursday, August 16
A bill to extend the state’s film and television tax credit program for two years goes to the California State Senate following its passage in the State Assembly.
Trampoline venue Sky High Sports will open another area facility in Valencia, securing a 34,000 sq. ft. location on The Old Road earlier this month.
Cost Plus World Market has leased the 20,000 sq. ft. retail space left vacant by the closure of a Borders bookstore in Simi Valley’s El Paseo Simi shopping center in a more than $2.8 million transaction.
Wednesday, August 15
Children’s Hospital Los Angeles recently added to its growing number of service facilities with a new outpatient facility in Valencia.
uSamp, a provider of technology and survey respondents used to obtain consumer and business insights, has hired research industry veteran Leslie Warshaw to join the Encino company as vice president of research solutions. She will be responsible for overseeing clients through the entire cycle of data collection needs.
NBC4 Southern California in Burbank recently won seven Emmy Awards, becoming the first station to consecutively dominate the newscast categories, with wins for best daily morning newscast (“Today in L.A. at 6 a.m.”), best daily daytime newscast (“NBC4 News at 6 p.m.”) and best daily evening newscast (“NBC4 News 11 p.m.”).
Image Entertainment Inc. narrowed its net loss in the first quarter when compared to the same period from a year ago.
Friday, August 10
North Hollywood-based nail care company announced Aug. 10 that it will partner with Mariah Carey on a line of limited-edition nail lacquers that will be available in January 2013.
MRV Communications Inc. is selling off two European subsidiaries and placed a third on the market as part of a look at strategic alternatives for the company
Thursday, August 9
Amgen, Inc. announced the end of a Phase 3 drug study aimed at treating metastatic pancreatic cancer, the company said in a written statement.
Pinecrest Schools, a nine-campus private school in the greater Los Angeles area, today announced the sale of its Van Nuys campus property and planned closure of Pinecrest Van Nuys in June 2013.
The City of Glendale is a finalist for a 2012 Most Business-Friendly City in Los Angeles Award, the third time it has earned that distinction.
Wednesday, August 8
Business aircraft operator NetJets Inc. has started operations from a new terminal built at Van Nuys Airport, the first of several standalone facilities the company plans.
The Cameron-Pace Group has set up a joint venture in China to provide 3D camera technology to that country’s filmmakers.
A leading consumer health care ratings service has ranked Burbank’s Providence Saint Joseph Medical Center among the top 5 percent in the U.S.
Tuesday, August 7
clean: Palmdale facility develops process to cut greenhouse gases.
Environment: Northrop Grumman goes green in its manufacturing process.
The strong box office performance of Marvel’s “The Avengers” helped The Walt Disney Co. shrug off the disaster that was “John Carter of Mars” and led to improved financial performance in its studio entertainment for the third quarter.
Larry Coomes, CEO of Palmdale Regional Medical Center resigned his position effective Aug. 1, according to Karen Faulis, COO of Palmdale Regional Medical Center, in a written statement.
DreamWorks Animation SKG Inc. unveiled more plans of its Chinese joint venture, including production of the next “Kung Fu Panda” film in that country and a cultural and entertainment center in Shanghai.
More than 150 people turned out Aug. 6 for a public hearing by the Federal Aviation Administration on regulating helicopter operations that some area residents find bothersome due to noise and safety concerns.
John “Jack” B. Gilbert, a business owner and real estate developer in the Conejo Valley who became a major philanthropist, died on Aug. 2 of complications from pneumonia. He was 91.
Photographs of recent business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.
Monday, August 6
Sales declined and net income increased in the first quarter for video game publisher THQ Inc. when compared to the same period from a year ago.
Lori Brogin has been named as vice president of client services and public affairs for Glendale-based PacFed Benefit Administrators, an employment benefits company.
Online marketing firm ReachLocal named Josh Claman as its new chief revenue officer, reporting to Nathan Hanks, president.
Business aircraft operator NetJets Inc. will begin operations this week from a new terminal built at Van Nuys Airport.
Teledyne Technologies Inc. added to its marine business with the acquisition of a British company that makes underwater cables, and fiber optic and electrical subsea connectors.
Aerospace: Observers say combined company must cut costs to compete.
Aerospace: Rocketdyne-GenCorp. combo may be winner in tough competition.
Pacoima firm unveils straightening product in Brazil
Beauty: Pacoima hair care company with vegan products hits Brazil.
law: Munchkin Inc. awarded $13.5 million from Playtex.
Law: Diaper pail maker Munchkin wins false advertising case against Playtex.
SolarWorld built panels for 11.4-megawatt plant.
Solar: SolarWorld panels at LADWP’s Mojave Desert solar power plant.
Sensor reduces emissions from cell phones, tablets.
Innovation: Semiconductor supplier releases new products.
Real estate: Turbonetics Inc. outgrows Simi Valley facility and relocates to Moorpark. California Lasers Inc. to fill the vacancy.
Real Estate: Turbonetics leases bigger space, California Lasers takes the old.
energy: Simi Valley company installing 16,000 LED lights in Manhattan, suburban NYC.
Deal: LED light company Seesmart gets large contract for New York City office buildings.
tech: MASS Group Inc. eyes government work after ‘big breakthrough.’
Tech: Chatsworth software developer MASS Group lands three federal contracts.
auto: Colorado firm to open West Coast plant and start vehicle production in 2013.
Auto: Boulder Electric Vehicle prepares Chatsworth building for assembly plant.
expansion: Chatsworth firm rolling out five-step daily skin care regimen line.
Growth: Neutraderm custom skin care maker to add new products, sales associates.
SunDial Powder Coatings gains competitive edge by pursuing new markets.
Expansion: SunDial Powder Coatings has grown by offering services for broad range of surfaces.
Wallace Lee of Parasol Aviation makes umbrellas for airplanes, dreams about new inventions before creating them and collects classic cars.
Aviation: Q&A with Wallace Lee of Parasol Aviation.
manufacturing: Largest manufacturers list features 17 new faces in rankings.
List story: Largest Manufacturing List has aerospace and defense firms on top. Includes SFVBJ's 2012 VALLEY'S LARGEST MANUFACTURERS list for download (pdf)
safety: Valencia firm makes devices to check for dangerous hydrogen levels.
Hydrogen detector and sensor manufacturer H2Scan Corp. hired an experienced oil and gas industry executive as its new vice president of sales and business development.
property: Valley brokers say low interest rates are driving demand for space.
There is roughly 172 million square feet of industrial real estate space in the greater San Fernando Valley area, but with a lot of activity and low vacancy rates, companies can spend up to a year to find the right space, according to industrial real estate experts.
In 1996, I was at a small meeting of the founders of the Economic Alliance on how we wanted to write the economic development plan for the San Fernando Valley.
Space: Mars exploration vehicle was designed and tested in Valley.
Space: Mars rover Curiosity powered by generator made by Valley company.
Chatsworth company partners with Italian firm to sell blood tests.
Product: Iris partners with Italian company to distribute blood tests in U.S.
Outreach: Kaiser employees purchase more than 400 backpacks for Valley kids.
Kaiser Permanente employees from the Panorama City and Woodland Hills medical centers are giving their time and money to help Pacoima-area students get ready for school.
Entertainment: Matthews Studio Equipment will consolidate into a single location in October.
Move: Studio equipment manufacturer making move to new Burbank location.
Qualstar to license its patented touchless technology.
Tech: Simi Valley company getting out of touchless mouse market.
Friday, August 3
Pratt & Whitney Rocketdyne will continue its involvement in a new spacecraft being built for NASA to go to the International Space Station and low-earth orbit destinations.
A public hearing takes place Aug. 6 at Robert A. Millikan Middle School in Sherman Oaks for the Federal Aviation Administration to take input on regulating helicopter noise in Los Angeles.
A weak product mix and manufacturing challenges at its U.S. facilities contributed to Superior Industries International Inc. reporting a 56 percent decrease in net income for the second quarter when compared to a year ago.
Thursday, August 2
Turbonetics leaves Simi Valley facility and California Lasers plans to move in. Both manufacturers are moving to larger industrial spaces.
Digital marketing company ValueClick Inc. hit the high end of its second quarter guidance by bringing in $160 million in revenue.
Online affiliate marketing firm GlobalWide Media Inc. has acquired Neverblue Media Co., a Canadian marketing and advertising firm.
Wednesday, August 1
Mars exploration vehicle powered by generator designed and tested in San Fernando Valley.
United Online Inc. is splitting into two publicly traded companies - one for its Internet connection and social media businesses and the other for its FTD floral products and services business.
Troy Dawson has been named as the new president of Spectrolab Inc., a subsidiary of Boeing Co. in Sylmar that makes solar panels and airborne searchlight systems.