San Fernando Valley Business Journal


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

Grab Green Lands $2.5 Million Investment

Eco-friendly cleaning products developer Grab Green has received $2.5 million in a financing round from Stoneway Capital.

Cherokee Scrubs Licensed in Japan

Strategic Partners Inc. has entered an agreement with a Japanese apparel manufacturer to produce Cherokee brand medical uniforms for sale in Japan.

Avery Dennison Buys Hanita Coatings for $75 Million

Avery Dennison Corp. has agreed to acquire pressure-sensitive materials manufacturer Hanita Coatings RCA Ltd.

Updated: Natrol Gets New CEO

Vitamin manufacturer Natrol on Nov. 28 announced the appointment of Tom Zimmerman as its new chief executive.

Capstone Cuts Costs on Investor Relations

Capstone Turbine Corp. said it will cut expenses by changing its audit firm and bringing in-house the investor relations functions.

Teledyne Buys Chatsworth’s Hanson Research

Teledyne Technologies Inc. has announced that it acquired Hanson Research Corp., a developer and manufacturer of instruments used in the pharmaceutical industry.

Unity Spacecraft Takes First Free Flight

Ten months after its unveiling, the space vehicle VSS Unity completed its first free flight on Saturday at the Mojave Air & Spaceport in the Antelope Valley.

California Resources Rises 44 Percent on OPEC News

Shares of California Resources Corp. (CRC) soared 44 percent Wednesday as hopes of higher prices revived the entire oil sector.

Cherokee to Acquire Hi-Tec Shoemaker for $96 Million

Cherokee Inc. will acquire footwear maker Hi-Tec Sports International Holdings B.V. for $96 million, the company announced on Monday

H2Scan Names Chief Executive

Hydrogen leak detection equipment manufacturer H2Scan Corp. has named Michael Allman as its new chief executive.

California Resources Jumps 20 Percent on Soros Buy

The share price of California Resources Corp. rose nearly 20 percent Tuesday on higher prices for crude oil and news that billionaire George Soros increased his stake in the company.

Samsung Buys Harman for $8 Billion

Consumer electronics manufacturer Samsung Electronics will acquire audio products developer Harman International Industries Inc. in a deal valued at $8 billion.

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.