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

Cherokee Stock Doubles After Refinancing

Shares of Cherokee Inc. shot up more than 100 percent Monday after the Sherman Oaks-based apparel licensing company announced it has refinanced its debt with a $40 million-dollar loan.

California Resources Reports Loss of $82 million

California Resources Corp. reported a worse-than-expected quarterly loss of $82 million, or $1.70 a share, the Chatsworth oil and gas company announced Thursday.

Aerospace Vet Joins Aerojet Rocketdyne

The former president of Pratt & Whitney Rocketdyne has been appointed senior vice president of the space business unit of Aerojet Rocketdyne.

Blue Microphones Acquired for $117 Million

Computer accessory company Logitech Inc. has purchased Westlake Village microphone manufacturer Blue Microphones Holdings Corp. for $117 million in a cash deal finalized on Tuesday.

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Dole Completes Merger with Total Produce

Dole Food Co. finalized its merger with European fresh produce distributor Total Produce Tuesday in a $300 million deal.

Interlink Logs Medical Customer Order

Interlink Electronics Inc. received an order valued at $880,000 from an existing medical customer.

Avery Dennison Shares Jump on Upbeat Earnings

The stock price of Avery Dennison Corp. spiked more than 10 percent Tuesday following the release of the firm’s second-quarter financial report, which disclosed earnings that beat Wall Street estimates by 11 cents a share.

Avery Dennison to End Pension Plan

Avery Dennison Corp. will discontinue its pension plan effective Sept. 28, according to a Securities and Exchange Commission filing by the company.

Food Broker Co-Sales Acquired by Impact Group

Retail sales agency Impact Group Inc. has acquired Sherman Oaks-based food broker Co-Sales Co. for an undisclosed amount, the company has announced.

Ball Beverage Plant in Chatsworth to Close

The Ball Corp. beverage packing plant in Chatsworth is expected to close this summer, resulting in the loss of more than 100 jobs.

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Natren Opens Expanded Manufacturing Plant

One year after breaking ground on a 7,000-square-foot addition to its Westlake Village manufacturing plant, probiotic supplement maker Natren Inc. has opened the new facility.

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Dole Appoints President of Fresh Vegetables

Dole Food Co. Inc. has appointed Michael Solomon as president of Dole Fresh Vegetable, the Westlake Village company announced Tuesday.

Cherokee Quarterly Report Hints at Insolvency

Cherokee Inc. could face the prospect of bankruptcy, the company announced in an earnings report on Thursday.

Mixed Quarter for Capstone

Capstone Turbine Corp. fell short of Wall Street estimates on revenue in fiscal 2018 but beat on earnings.

Local Firm Solidifies Deal

US Nuclear Corp. has signed a definitive agreement to be the exclusive manufacturer of medical isotope generators for a nuclear medicine company.

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