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

Xcor Aerospace Files for Bankruptcy

Xcor Aerospace has filed for Chapter 7 bankruptcy and will liquidate its assets after failing to line up new investors.

BAK Closure to Leave 261 Unemployed

BAK Industries is closing its two San Fernando Valley locations resulting in the elimination of 261 employees.

Covercraft Leases Space in Valencia's IAC Center

Covercraft, a maker of automotive covers and protectors, plans to relocate within Valencia to the new IAC Commerce Center, according to brokerage CBRE Group Inc.

Saudis May Invest in Mojave Space Companies

The Public Investment Fund of the Kingdom of Saudi Arabia is seeking to invest $1 billion into the space companies of billionaire Richard Branson’s Virgin Group.

Big Victory for Small Brewers in L.A.

The city of Los Angeles Public Works Committee has agreed to reduce water discharge permit and inspection fees for microbreweries following an appeal by craft brewery members of the Greater San Fernando Valley Chamber of Commerce.

U.S. Nuclear Ships Radiation Monitors to Air Force

U.S. Nuclear Corp. has started delivery this month of its portable tritium air monitors to the U.S. Air Force.

Preview: Disney Helps Dealers

Porsche calls Disney Institute for advice on management and customer service issues.

Talon Patents 'Flex Collar' Technology

The inventor of the original zipper has been awarded a patent for a textile technology that promises to put an end to tight shirt collars.

NASA Orders Engines for Antelope Valley Experimental Aircraft

NASA Armstrong Flight Research Center has awarded a $16 million contract to purchase up to three engines from General Electric Co. for use on the space agency’s experimental airplane now in development.

Capstone Rallies 44 Percent on Upgrade

An upgrade from Oppenheimer has pushed the stock of Capstone Turbine Corp. to its highest price in nearly a year.

Source Photonics Opens China Factory

Source Photonics has opened a new facility in Jintan, China for manufacturing Indium Phosphide lasers and related components.

Dole to Close Another Berry Operation

Dole Food Co. Inc. in Westlake Village has announced another mass layoff relating to strawberries as the company continues to back out of its California berry operations.

Northrop Acquisition Expands Valley Footprint

Northrop Grumman Corp. will acquire Orbital ATK Inc. in a deal valued at $9.2 billion. With the transaction the Falls Church, Va. aerospace and defense contractor will add an additional San Fernando Valley region location to its portfolio.

Wesco Hires New CFO

Wesco Aircraft Holdings Inc. has named Kerry Shiba as its new chief financial officer effective Monday, the company announced.

Preview: Dole's Cash Deals

Dole Food Co. cuts berry operations and swaps properties to help reduce debt.

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