Stories for June 1997

Sunday, June 1

Valley Edit

The San Fernando Valley is about to lose one of its largest companies. But it's not the end of the world just a reflection of how this business community is evolving.

Forum

Plans to build an 18-hole golf course at Big Tujunga Wash near Sunland have been a source of contention between opponents who want to preserve the ecologically sensitive wash and supporters who wish to see more public golf courses in the area. There are c

Smallbiz

Randy Allen's dry cleaning business had been in Canoga Park for 15 years and had built a strong clientele of regulars over the years. When the Environmental Protection Agency reclassified the PERC fluid his dry cleaning machine used from a "hazardous" su

Northridge

Still struggling to rebound more than three years after the Jan. 17, 1994 earthquake, officials at the Northridge Fashion Center are hoping that a new 10-screen multiplex cinema will bring more shoppers to the northwest Valley's biggest mall.

Bagel

Booming Manhattan Bagel Co. Inc. has leased space for a new West Coast manufacturing facility in San Fernando and will move its western regional administrative offices to the same site.

Dreamworks

DreamWorks SKG is scheduled to complete the first structure at its Glendale animation campus this month, under a revised development plan that eliminates a signature campanile-style tower and slightly increases the amount of office space.

Sprint

Long-distance carrier Sprint Communications Co. L.P. has purchased a parcel in the new Flower Street Business Park in Burbank, and will have a customized 50,000-square-foot industrial facility developed on the site.

Golf

A proposed public golf course in the Tujunga Wash is pitting area businesses against environmentalists, who say the course will destroy a rare wildlife habitat within Los Angeles city limits.

Alacon

In a move that has broad implications for the future of San Fernando Valley politics, Los Angeles City Councilman Richard Alarcon is preparing to enter the Democratic primary for the 20th District Senate race next year putting him in a head-to-head cont

Schatz

At age 77, Carl Schatz is one of the San Fernando Valley's most seasoned bankers. His banking career in the Valley dates back to 1950, when Schatz transferred from a Bank of America branch in the L.A. basin to work at BofA's Tarzana office.

Newsmakers

Harold C. Rose has been promoted from senior vice president of West Coast production to executive vice president of loan production for ARCS Mortgage Co. L.P. His duties include companywide production and marketing. Other appointments at the Calabasas-bas

RE Column

Businesses of all sorts are continuing to lease up commercial space in and around the San Fernando Valley. And real estate entrepreneurs are finally responding with concrete plans for new developments.

City Walk

Seeking to draw more local customers, Universal Studios Inc. is undertaking a major tuneup of its CityWalk attraction to put a greater emphasis on nightlife and entertainment.

Valley Talk

Most baseball teams have an arsenal of sluggers and pitchers at their disposal to help clinch games. But Lancaster's JetHawks minor league team has something a bit more impressive: an FA-18 fighter jet.

Econowatch

After years of steady growth, passenger traffic at Burbank-Glendale-Pasadena Airport has developed a slight down-draft in recent months. But air cargo volume continues to soar, according to this month's Econowatch.

hertzberg

Once upon a time, freshman lawmakers had to wait their turn to get prestigious committee chairmanships and to play significant roles in legislation. But term limits has changed all that, says Assemblyman Robert M. Hertzberg, D-Van Nuys, who was elected la

GM Plant

For decades, manufacturing dollars flowing from the General Motors plant in Van Nuys served as the economic lifeblood of the northeast San Fernando Valley.

Newsmaker

3D Systems Corp., a Valencia-based developer, marketer and manufacturer of solid-imaging systems, has appointed Richard Balanson to the positions of president and chief operating officer. The company's founder, Charles W. Hull, will assume the posts of vi

Letter

We read with much amazement your April editorial, "Too Many Voices," criticizing the business community of the San Fernando Valley for forming "too many organizations all doing pretty much the same thing," and then questioning the need for the Economic Al

Fasttrack

Elliott Balbert says he's living proof that you can do everything wrong in business and still succeed.