San Fernando Valley Business Journal


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

Capstone Launches Distributor Finance Program

Capstone Turbine Corp. announced Tuesday a partnership with finance company Acresis to put together as much as $100 million for a product-financing program for Capstone distributors.

Wesco Wins Chemical Supply Contract

Wesco Aircraft Holdings Inc. has won a multi-year agreement with Science Applications International Corp. to support a recently awarded prime contract with the Defense Logistics Agency.

Earnings: DTS, Salem Media

DTS reports what could be its final quarter as an independent company, while Salem Media misses expectations.

Calavo Buys Building for Fresh Produce Expansion

Avocado grower and marketer Calavo Growers Inc. in Santa Paula said it has closed on a more than $19 million purchase of a Riverside building for its expanding fresh produce segment.

Teledyne Beats Earnings Estimate, Falls Short on Revenue

Teledyne Technologies Inc. beat Wall Street estimates on earnings for the third quarter but fell short on revenue.

Avery’s Stock Sinks Despite Earnings Bump

Avery Dennison Corp. (AVY) on Wednesday reported an increase in earnings, but it apparently discouraged investors who drove down the stock price more than 6 percent.

Capstone Raises $6.8 Million in Private Placement

Capstone Turbine Corp. will sell 6.3 million shares of its common stock to two institutional investors, it was announced Tuesday.

Preview: Hot Rod College

Shop converts to academy to teach custom car skills.

Capstone Secures Fuel-Efficient Patent

Capstone Turbine Corp. has secured a patent for a cleaner fuel injector system on its microturbines, the company announced Monday.

Stratolaunch Returns to Rocket Supplier Orbital ATK

Stratolaunch Systems has partnered with Orbital ATK Inc. to use the company’s rockets to launch satellites into space, the companies announced Thursday.

AeroVironment Secures $22.8 Million Missile Contract

AeroVironment Inc. received a $22.8 million contract from the U.S. Army to supply its armed forces with miniature missile systems.

DTS Acquired for $850 Million

Audio technology developer DTS Inc. will be acquired by a Silicon Valley company in a deal valued at $850 million.

Real Industry Names CFO

Real Industry Inc. has hired an insider as its new chief financial officer, the company has announced.

Cherokee Beats Wall Street

Cherokee, Inc. (CHKE) on Thursday reported adjusted second-quarter earnings that beat Wall Street expectations.

Australian Military Buys AeroVironment Drones

AeroVironment Inc. is providing its Wasp drone to Australia, the first of the company’s unmanned aircraft to be used by the Australian military, it was announced on Tuesday.