AeroVironment Beats Estimates on Revenue

AeroVironment Inc. matched Wall Street estimates on earnings and beat on revenue for the fiscal fourth quarter.

Cherokee Global Brands Appoints New Chairman

Clothing and footwear company Cherokee Global Brands, based in Sherman Oaks, announced last week the appointment of current director Evan Hengel as chairman of the board of directors.

Moorpark's ERP Power Acquires Tunable Light Manufacturer

ERP Power LLC has acquired Lumenetix, a Northern California manufacturer of tunable LED lamps for the lighting market.

Former Federal Energy Regulator Joins Capstone Board

Capstone Turbine Corp. has appointed Robert Powelson to its board of directors.

Toymaker MGA Proposes Merger with Rival Mattel

Chatsworth toy manufacturer MGA Entertainment Inc. made a bid last month to merge with rival toy company Mattel Inc., in El Segundo, which rejected the offer.

AeroVironment Buys Unmanned Helicopter Company

AeroVironment Inc. has acquired Pulse Aerospace LLC, a maker of unmanned helicopters in a deal valued at $25.7 million.

Chatsworth Cell Phone Recycler to Close, Lay Off Workers

P4C Global, a Chatsworth company that recycles cell phones and batteries, is closing its office and warehouse this summer, resulting in the layoffs of 35 employees.

Funrise Acquires Caterpillar Toy License

Funrise Inc. in Van Nuys has inked a multi-year licensing agreement with Caterpillar Inc. to manufacture and distribute a line of toys based on the company’s construction machines and vehicles.

BYD to Install Solar at Antelope Valley Plant

BYD Motors Ltd. has partnered with Apparent Inc. on a two-megawatt solar and energy storage project at its Lancaster manufacturing plant.

Harbor Freight Closing Distribution Center

Harbor Freight Tools is shutting down its Camarillo distribution center, resulting in the loss of 51 jobs.

Fusion Generator Deal Sends US Nuclear Shares Higher

US Nuclear Corp. has acquired a stake in a company to manufacture its thermonuclear fusion power generator, a development that sent its shares higher.

Bakery Leases New Headquarters at Warner Center

An upscale baked goods producer and café has signed a 15,757-square-foot deal on a Warner Center facility that will become the company’s new manufacturing space.

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French Aerospace Firm Buys Semtech Sensor Technology

Semtech Corp. is supplying its long-range, low-power technology to sensors for a French aerospace company to track its parts.

Agoura Hills Cannabis Firm Raises $58 Million

Vertical Cos., a medical and adult-use cannabis brand and distribution business based in Agoura Hills, closed its Series A financing round with $58 million on Tuesday.

'Taj Mahal' of Car Washes Coming to Camarillo

Construction has begun on what the owner is calling the “Taj Mahal” of car washes on Daily Drive in Camarillo.