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PROFILE: How Mayor R. Rex Parris is luring alternative energy companies to Lancaster.
Hydrogen companies from around the world including SGH2, Hitachi Zosen Inova and Toshiba are setting up shop in Lancaster, hinting at that area’s potential to become a premier alternative energy hub. Creating a welcoming environment for such companies is a motivator driving longtime mayor and career lawyer R. Rex Parris. SGH2 last year signed a deal with the Antelope Valley city to build a first-of-its-kind plant called S2 that will use a NASA-developed method to incinerate the city’s recycled waste to create hydrogen, which could be used to fuel vehicles. In this interview, Parris says it’s “inevitable” that Lancaster will be known as a hydrogen hub and explains why he’s a big believer in alternative energy.
Pandemic and rising rents force small venues out of business.
A year after the coronavirus pandemic put a pause on the performing arts, five live theaters in the heart of North Hollywood are closing their curtains for good.
Disney and Universal resume shopping, dining.
NBCUniversal’s Universal Studios Hollywood and Walt Disney Co.’s California Adventure theme parks are reopening shops and restaurants as state regulations promise the reopening of all theme parks at limited capacity as soon as April 1.
Universal Studios Hollywood theme park will reopen shops and restaurants on weekends at its Universal City campus beginning March 12, while state regulations promise the reopening of all theme parks at limited capacity as soon as April 1.
Walt Disney Co. will shutter at least 60 of its Disney retail stores in North America this year.
Disney, MGA benefit from stay-at-home spending.
Toy sales in the U.S. grew 16 percent last year to $25.1 billion, according to a January report from New York research company The NPD Group.
HOSPITALITY: Project Homekey buys properties in downturn.
Local governments have purchased at least eight hotels in the San Fernando Valley and Ventura County for conversion into permanent homeless shelters through the state’s Project Homekey initiative.
The state has ordered fast casual burger chain Burgerim to refund $57 million in franchise fees paid by more than 1,500 would-be restaurant operators after finding the Encino company violated California’s franchise regulations.
Label and packaging materials maker Avery Dennison Corp. has announced it will buy a similar company headquartered in Tennessee.
SynED publishes takeaways for higher education sector.
Thousand Oaks educational nonprofit SynED earlier this month published a report detailing insights from academics regarding the long-term impacts of the pandemic on teaching and learning.
Van Nuys Business: Candle maker Email: firstname.lastname@example.org • Website: poshcandleco.com
SRAX Inc. has reconstituted its LD Micro Index, a fund comprising nearly 1,200 microcap companies in the U.S. and Canada.
Westlake Village data firm BIGtoken announced it has gone public through a reverse merger with Force Protection Video Equipment Corp., a North Carolina company that sells video and audio equipment to police units.
The closure includes locations at the Glendale Galleria, Camarillo Premium Outlets and Westfield Topanga mall in Woodland Hills.
Guitar Center has ‘operational flexibility’ after Chapter 11.
In December, just a month after filing to reorganize under Chapter 11, Guitar Center Inc. emerged with a balance sheet lighter by about $800 million in debt.
20 restaurants temporarily shut due to coronavirus.
Black Angus Steakhouse has temporarily shuttered more than half its restaurants across the Western U.S. due to the coronavirus and resulting business restrictions.