Stories for January 2011

Monday, January 31

Glendale Man Sentenced to 30 months in Federal Prison

Navasard Petrosyan, the owner of several Armenian-language publications based in Glendale, was sentenced to 30 months in federal prison after pleading guilty to charges of conspiracy and false statements.

AeroVironment Upgrading Ravens for Marines

AeroVironment Inc. received an order from the U.S. Marine Corps for upgrade kits for its small unmanned aerial vehicles.

Cherokee Has New Board Chairman

Cherokee Inc. has a new executive chairman for its board of directors, the Van Nuys-based global brand management company announced.

Consumer Portraits

‘Every Head is a World’ Guides the Methods at Garcia Research

Entrepreneur: Garcia Research Associates in Burbank tracks opinions of Hispanic market

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Help Group Opens Third Campus for Autistic Children

Campus: Day school, arts complex and theater part of new Sherman Oaks facility.

GIVING: This is a regular feature on philanthropic activities by Valley-area businesspeople and companies.

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‘Voiceman’ Still Hooked on Disney After 30 Years

TV: Burton lends talent to new Disney Junior animated show.

Disney Channel rebranding its programming for children 2-7 years old. Entertainment Column by Mark Madler

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A Good Match is Necessary With a Start-Up Partner

Team: Not all the risks can be avoided but with homework a good business partner is possible.

ADVENTURES IN STARTUPS: A good business partner is as important as a good marriage

First Blush

Mirabella colors the world with its beauty products distributed to salons through a unique model.

John Maly is growing his cosmetics manufacturing company, Mirabella Beauty, internationally.

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Brokers Worried Over Aetna Changes To Their Pay

Fees: Move sparks discussion over the role of brokers and how much compensation should be.

INSURANCE: Aetna policy change has brokers concerned about compensation.

North Carolina Bank Now Ready to Make Valley Moves

FINANCE: Glendale, Encino branches part of growth plans aimed at small, mid-sized firms.

First Citizens Bank based in North Carolina is looking to grow in the greater Valley area.

Actor Dons Wig, Nails to Get Tupperware Party Started

PRODUCTS: Studio City man’s drag show lifts him to No. 1 sales position in U.S., Canada.

North America’s #1 Tupperware salesperson Kevin Farrell of Studio City uses a drag act to boost sales

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The Cheesecake Factory Announces Global Expansion

RESTAURANTS: Despite its high-profile image, chain has relatively few outlets

PUBLIC COMPANIES: The Cheesecake Factory expands internationally

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After-Market Parts Supplier Hustles to Meet Its Demand

MEDICAL: Move averted as space opens up in Chatsworth building to allow expansion.

Supplier of replacement parts to the health care industry expands

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Coalition Tries to Gain Influence in Aerospace Matters

DEFENSE: As Pentagon makes cuts, group of firms vies to stay competitive in industry.

AEROSPACE: New coalition in Palmdale hopes to be a unifying force among area’s aerospace companies

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NoHo Project Boosts Profile of Senior Housing Company

DEVELOP: Firm takes concept it introduced in Burbank to North Hollywood Arts District.

Housing: Innovative senior housing breaks ground in NoHo.

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New Succession Strategy Tried

PLANNING: Roll-up partnerships boost growth of firms.

A new model helps owners achieve a lucrative business exit

Companies Realign for Digital

MOVIES: Although traditional film still dominates, major players refining their strategies.

TECHNICOLOR: Closing of film lab in North Hollywood indicative of digital taking over in entertainment industry.

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Alliance Head Looks for Partnerships, Better Marketing

ECONOMY: Wood says goal is to raise recognition of organization.

The Valley Economic Alliance new President and CEO has plans for organization.

Private Schools Grapple with Higher Financial Aid Needs

Budgets: More scrutiny when working with vendors the result of cost cutting mentality.

ABOUT THE LIST: Private schools have been impacted by down economy but see signs of recovery in 2011. Includes the 2011 SFV'S LARGEST PRIVATE SCHOOLS list for download (pdf)

EXECUTIVE SUMMARY / THE PACESETTER - Private Schools

For the 6th consecutive year, Pinecrest Schools has topped the Private School List with a total enrollment of 3,800 students in the greater Valley area. Includes the 2011 SFV'S LARGEST PRIVATE SCHOOLS list for download (pdf)

Supreme Court Widens Worker Protection

GUEST COLUMN by Attorney Sue Bendavid of Lewitt Hackman.

Zone Cuts Will Scuttle Firms

SPECIALISTS: Brown plans would hurt professional services.

The elimination of enterprise zones could have a devastating effect on businesses that specialize in the field.

This Year Could Be Year of Change

FROM THE NEWSROOM

Economic activity is picking up in the Valley. Commentary by Jason Schaff

AROUND THE VALLEYS

Crowds Expected in Simi Valley for Birthday

News and notes from around the greater San Fernando Valley area

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Healthcare Niche is Keeping Construction Firm Busy

Build: Thousand Oaks firm Wesely Thomas wins another contract with local hospital.

Thousand Oaks management and construction company Wesely Thomas Enterprises has won yet another contract with Valley Presbyterian Hospital

Boulevard Dreams

Boutique Hotel Enters Active Valley Hospitality Market

A new boutique hotel is opening in Studio City - only the third boutique hotel in the San Fernando Valley.

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VEDC Expands Reach Statewide

FINANCE: Chase agreement to expand lending capacity.

A $5 million Chase grant could be a gamechanger for the Valley Economic Development Center. The funds will help launch a statewide lending program.

Friday, January 28

Anthem Blue Cross Agrees To Delay Rate Hike

Anthem Blue Cross and two other California insurers have agreed to hold off on rate increases at the request of Insurance Commissioner Dave Jones, the California Department of Insurance announced.

LandMark Retail Group Continues Expansion of CVS/ Pharmacy

LandMark Retail Group, a subsidiary of Woodland Hills-based NewMark Merrill Companies, is continuing to help its major client, CVS Caremark Corporation, expand in southern California.

Healthcare Holding Company Acquires Indiana Hospital Network

Burbank-based Healthcare of Today Inc. is acquiring Physicians Hospital System, a health care facility network in Northern Indiana, both parties announced.

BioFuels Start Up Receives Funding From Joint Venture

Biofuels manufacturer CoolPlanetBioFuels is among the companies receiving funding from Energy Technology Ventures, a joint venture between three energy companies and investors.

Thursday, January 27

Venture Capital on the Rise

Venture capital investment activity picked up in 2010, and for the first time since 2007 the annual investment level increased, according to the recent Money Tree report by PricewaterhouseCoopers LLP and the National Venture Capital Association.

Teledyne Income Up in Q4, Fiscal 2010

Higher sales in commercial electronics and instrumentation for industrial and energy uses contributed to Teledyne Technologies Inc. increasing its fourth quarter net income by 13.7 percent when compared to the previous year.

Wednesday, January 26

Simulations Plus to Work with FDA on Toxicity Models

Simulations Plus Inc. will work with the U.S. Food and Drug Administration to develop models to determine toxicity levels when evaluating food additives and contaminants.

Hospitalist Company Expands into Southern California

IPC The Hospitalist Company Inc. has made two acquisitions, with one of them being the company’s first purchase in the Southern California market.

Tuesday, January 25

State Car Sales Revving Up

Registrations of new cars and light trucks increased by 13 percent in 2010 and a similar growth is forecast for this year by the California New Car Dealers Association.

Amgen to Acquire Cancer Therapy Developer BioVex

Biotech giant Amgen Inc. announced it will acquire cancer-therapy developer BioVex Group, Inc. in a deal worth more than $1 billion.

Monday, January 24

Cheesecake Factory Expands to Middle East

The Cheesecake Factory Inc. entered into an exclusive licensing agreement with a Kuwait-based group of companies to build and operate The Cheesecake Factory restaurants in the Middle East.

uSamp Partners with GutCheck

Encino-based uSamp has teamed up with Denver technology company GutCheck to provide the automated delivery of screened and qualified participants for online market research studies.

Northrop Grumman Receives Helicopter Maintenance Contract

Testing equipment and training for U.S. Navy helicopters will be provided by the Navigation Systems division of Northrop Grumman following the awarding of a contract to the Woodland Hills-based aerospace company.

Councilman Proposes Zones to Boost Green Industry

Los Angeles Councilman Richard Alarcón is proposing to have the city’s planning department consider green industry and environmental justice issues when community plans are being updated.

Friday, January 21

NBC Universal Revenues Up in Q4

Revenues went up by 12 percent in the fourth quarter for NBC Universal when compared to the same period a year ago.

DTS Partners with Chinese Telecom Company

DTS, Inc.has entered into an agreement with Chinese telecom company Huawei Device Co., Ltd., to use DTS sound technologies into its products.

J.D. Power Forms New Digital Research Team

J.D. Power & Associates has formed a digital research team to further use online and mobile media into its market information research services.

Thursday, January 20

Capstone to Operate Caribbean Power Plant

Capstone Turbines Corp. will operate a power plant at a luxury resort in the Dominican Republic, a first for the manufacturer of microturbines.

Americana Owner Acquires Property for Expansion Project

Real estate development company Caruso Affiliated is purchasing a building adjacent to the Americana at Brand in order to expand the shopping center, the developer announced.

It May Be Awkward at First, But Their Offices Suffice

SPACES: Technology helps solo attorneys pull off a non-traditional workplace.

Attorneys who practice in non-traditional office settings.

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New System Aims to Help Commercial Tenants Cut Costs

A remote monitoring system that is meant to cut energy costs for commercial real estate tenants is being piloted in select markets across the U.S., including in commercial properties in Valencia, Westlake Village and Agoura Hills.

3ality Finds UK Distributor

3ality Digital has made a deal to supply 3D shooting systems to the television and film market in the United Kingdom through equipment supplier ARRI Media.

MannKind Insulin Drug Approval Gets Further Delay

The U.S. Food & Drug Administration has delayed its approval decision for MannKind Corp.’s application for its new diabetes drug due to further questions about clinical data,

Wednesday, January 19

Grant Allows VEDC To Start New Program

A multi-million-dollar grant to the Valley Economic Development Center will allow the organization to launch a statewide lending program for small- and medium-sized businesses.

Former CPA from Encino Sentenced to Prison

A former accountant from Encino was sentenced to 51 months in federal prison after pleading guilty to healthcare fraud and tax fraud charges.

Tuesday, January 18

Amgen to Sell Fremont Facility

Amgen Inc. announced German biotech company Boehringer Ingelheim will acquire its development and manufacturing facility in Fremont, Calif.

Xirrus Signs Another School District

Wireless technology company Xirrus, Inc. in Thousand Oaks will deploy its technology in another school district.

Comcast-NBC Universal Combination Gets Green Light

The Federal Communications Commission and the Justice Department approved Comcast Corp.'s deal to acquire a majority stake in NBC Universal.

MRV Announces New Partner in Canada

Chatsworth-based telecommunications company MRV Communications, Inc announced that Excel Group Inc. based in Canada will become a reseller of MRV’s entire product line.

Monday, January 17

Alliance Names Ron Wood New President

The Valley Economic Alliance has chosen a former economic development group leader and newspaper publisher as its new president and CEO, the Sherman Oaks-based business organization announced today.

MeFeedia Provides Videos to Bebo

Independent online video site MeFeedia has partnered with Bebo, a social network site that is putting a stronger focus on video.

Local Stores Part of Anchor Blue Closures

Several local Anchor Blue stores will shut down as part of the clothing chain’s decision to close all of its 117 stores after it filed for bankruptcy.

Delay on Prop Park Causes a Stir With Airport Council

Planes: LAWA, developer still working out terms of lease for The Park at Van Nuys.

The AVIATION Column by Mark Madler

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EXECUTIVE SUMMARY / THE PACESETTER - Largest Law Firms

This year’s List of the largest Law Firms in the greater Valley area is similar to last year’s standings. Michelman & Robinson, LLP tops the list. Includes the 2011 SFV'S TOP LAW FIRMS list for download (pdf)

SHOW TIME

CSUN Seeks Business Support for Opening of Center

Fundraising efforts increase as the Valley Performing Arts Center prepares to open with a giant gala on Jan. 29.

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Technicolor Closes Film Lab

ENTERTAINMENT: 400 workers employed at North Hollywood facility.

The media company has been forced to close its North Hollywood film lab.

Flurry of Activity Lifts Health Firm

PHYSICIANS: IPC The Hospitalist makes 15 acquisitions in one year.

IPC The Hospitalist Company has been one of the most active companies on the SFVBJ Valley 50 with a total of 15 acquisitions in the past year.

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East Valley Program Helps Small Businesses

FUNDS: Loans designed to boost hiring of employees at firms hard hit in downturn.

Businesses in the East Valley are included in an economic stimulus program that the city recently made available.

Sound Stage Idea Floated for Project

DEVELOP: Residents demanding more retail along East Valley corridor.

The beleaguered Valley Plaza redevelopment project in North Hollywood could be rejuvenated by a plan to build sound stages

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Liquidation Firm Branches Out With New Real Estate Division

VALUATION: Great American Group hires new advisors.

Woodland Hills-based liquidation company Great American Group continues to expand its business lines by joining up with Keen Realty Advisors.

New Owners Expected to Boost Chinese Tourism Locally

HOSPITALITY: Sheraton sale expected to add to already brisk tour group traffic from China.

Shenzhen New World Co. has confidence in Universal Studios as a tourism location and plans to market their hotel heavily to Chinese tourists.

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Growing Auto Dealer Targets Local Sites for Expansion

CHAIN: As market improves, Northern California firm opening 3 locations in valleys.

Auto dealership chain California Superstores is going on a buying spree in the greater Valley area.

On-Location Filming Rises by 15 Percent over 2009

Incentive: Tax credit offered by state seen as boost to industry and economy.

Unexpected activity in feature film and television production contributed to on-location filming increasing by 15 percent in 2010 when compared to the previous year.

Work Begins on Long-Delayed Mixed-Use Project

DEVELOP: Demolition draws some complaints from residents.

Construction kicked off on the development of a mixed used project in Northridge.

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Providence Holy Cross Expansion Nears Opening

HEALTH CARE: Completion of hospital wing will result in 250 to 300 new hires in spring.

The long-awaited addition at Holy Cross is finally nearing its opening.

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Skill Sets Different at Smaller Firms, Attorneys Find

INDUSTRY: Lawyers find greater choices and often higher pay in smaller practices.

Attorneys in solo practices and small firms play a vital role in providing legal representation while also running their own businesses

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Most of The Top Advisors to State Bar Are From Valley

INFLUENCE: Local attorneys help craft work of solo/small practice unit in California.

Eight of the 11 advisors to the state Bar’s Solo/Small Firms section are from the San Fernando/Santa Clarita valleys.

Despite Size, Valley Firms Still Take On Work of Big Guys

PRACTICES: Local lawyers say their location is more efficient for their business.

Attorneys don’t need downtown or Century City to make their mark in the legal community.

Shining the Light of the Law

San Fernando Valley Bar Association President Seymour Amster discusses how lawyers can enlighten the community - and describes a ‘Perry Mason’ moment

Seymour Amster, criminal defense attorney and current president of the San Fernando Valley Bar Association.

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VALLEY BIZ SEEN

Photographs of recent business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.

Ticket Master

Independent artists and event promoters turn to Vahe Shahinian to fill the seats for concerts, plays and other cultural events.

ENTREPRENEUR - Vahe Shahinian, Itsmyseat.com

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Amgen Donates $1.8 Million To Teach For America Efforts

EDUCATION: Total support from foundation at $7 million to raise achievement in classroom. Subhead

GIVING: This is a regular feature on philanthropic activities by Valley-area businesspeople and companies.

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Playtime is Over, Brown’s Austere First Budget Means Business

FROM THE NEWSROOM

Brown’s first budget lays it all out on the table

Political Power in California Shifts to Bay Area

CAPITOL OFFENSES

Political power shifts to Bay Area.

CSUN’s Brand New Cultural Gem is the Valley’s Next Big Thing

KALEIDOSCOPE - OUR CHANGING VALLEY

Commentary by Martin M. Cooper

The Top Legislation on VICA’s Radar for 2011

VICA LOCAL UPDATE. Catching the local business issues that fall through the cracks

Eleven legislative priorities for 2011.

AROUND THE VALLEYS

Business Owners Find Value in ‘Mini-MBA’

News and notes from around the greater San Fernando Valley area

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Mobile Devices and Hi-Def Part of DTS Growth Plan

Tech: Calabasas company signs deal with French firm.

A deal with mobile phone manufacturer LG Electronics is a big growth step for Calabasas-based DTS.

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Valley Law Firms Adjust Business Models for Growth

Change: New practice areas are considered because the old ways do not work anymore.

ABOUT THE LIST: The Valley’s largest law firms adjust to a shift in the legal marketplace. Includes the 2011 SFV'S TOP LAW FIRMS list for download (pdf)

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Thursday, January 13

Program Helps Small Businesses Get Contracts

Los Angeles Mayor Antonio Villaraigosa has signed an executive directive to launch a program designed to make it easier for small businesses to attain city contracts.

Technicolor Closing Valley Film Lab

Technicolor is closing its film lab in North Hollywood, a reaction to more theaters using digital equipment rather than film prints.

Disney Venture Capital Arm Invests in Software Firm

Steamboat Ventures, the venture capital arm of The Walt Disney Co., was among the investors in a round of funding for software developer Baynote.

Wednesday, January 12

University Class Offers Free Business Consulting

California Lutheran University’s Master of Business Administration program will be offering a class in the spring that allows students to provide free consulting services to local businesses, the university announced.

Yard House Restaurant and Bar to Open in Palmdale

Premium casual eatery The Yard House will open a location at the Antelope Valley Mall this summer.

DataDirect Networks Named as World's Largest Private Storage Firm

Chatsworth-based data storage company DataDirect Networks was ranked as the world's largest private storage system company by worldwide 2009 revenues in a recent report by market intelligence company IDC.

Provision Receives New Patent

Provision Interactive Technologies, Inc. has been issued one of several pending patents that will allow it to integrate 3D displays in vending machines and self-service kiosks.

Northrop Division Delivering with Navigation Device

The Navigation Systems Division of Northrop Grumman announced the delivery of the 20,000th navigation device used in fighter aircraft, missiles and the Mars Rover.

Tuesday, January 11

Overall Filming Rises 15 Percent in 2010

Unexpected activity in feature film and television production contributed to on-location filming increasing by 15 percent in 2010 when compared to the previous year.

Advertise.com Expands Into E-mail

Sherman Oaks-based Advertise.com will now connect advertisers’ ads with millions of consumers who have opted in to receive email updates in categories that interest them.

New Unmanned Aircraft Tested in Desert

The Global Observer unmanned aircraft stayed aloft for four hours above the Mojave Desert in the first flight powered by a hydrogen-fueled propulsion system.

Monday, January 10

Trilliant Selected for Smart Grid Advanced Metering Infrastructure

Smart Grid communications provider Trilliant Inc. has been selected to implement the smart metering communications infrastructure at Burbank Water and Power, following the completion of the first phase of the utility’s Smart Grid pilot program.

New Studio City Hotel To Open

The BLVD Hotel + Spa is scheduled to open in Studio City on Feb. 4, announced the site’s owner, PNK Group Investments.

FCC Approves Broadband Connections for Transatlantic Flights

Row 44 Inc. will start providing in—flight broadband connections on transatlantic flights following approval by the Federal Communications Commission.

Friday, January 7

Hertz Buys Filming Equipment Business

Hertz Entertainment Services added to its film production support services with the acquisition of 24/7 Studio Equipment in Burbank.

Amgen Secures License for New Drug

Amgen Inc. will license a new drug to treat autoimmune disease after reaching a deal with Xencor Inc.

Douglas Emmett Names New Executive VP

Real estate investment trust Douglas Emmett Inc, which owns several properties in the San Fernando Valley including the Warner Center Towers, named Theodore Guth as its executive vice president.

Cherokee Inc. Signs Brand License In Japan

Cherokee Inc. has entered into an exclusive multi-year license agreement for its Cherokee brand with a Japanese retailer, the Van Nuys-based global brand management company announced.

Thursday, January 6

Douglas Emmett Names New Executive VP

Real estate investment trust Douglas Emmett Inc, which owns several properties in the San Fernando Valley including the Warner Center Towers, on Tuesday named Theodore Guth as its executive VP.

Wednesday, January 5

Galpin Still Tops in Ford Sales

Galpin Ford retained its title as the world’s largest volume Ford dealer in the world with sales of more than 5,000 vehicles in 2010.

Location Attracted Sheraton Universal Buyer

The China-based real estate development company that recently acquired the Sheraton Universal Hotel announced that the hotel’s entertainment-based location and confidence in the United States’ economic future led to the purchase.

DTS Teams Up with French Company on Digital Players

Surround sound technologies developed by DTS Inc. will be used in digital media players developed by French telecommunications company Free following an agreement being reached by the two companies.

THQ Developing Games Based On Mattel Brands

A multi-year deal between THQ Inc. and Mattel Inc. will produce video games based on the toy company’s popular brands, including Barbie, Hot Wheels, and Fisher Price.

Tuesday, January 4

Lenkin Retires From Public Storage

Harvey Lenkin retired from the Public Storage Inc. Board of Trustees effective Jan. 3 after nearly 20 years of service.

Sheraton Universal Hotel Gets New Owner

The Sheraton Universal Hotel has been purchased by Chinese real estate development company Shenzhen New World Group Co., Ltd. the hotel’s general manager said.

Monday, January 3

Valley’s Veteran ‘Star Wars’ Model Maker McCune Dies

FILM: Best known for Lucas project, he created effects for dozens of other movies.

ENTERTAINMENT COLUMN: Mark Madler reports on the death of a well-known model and effects maker.

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Tutor Perini Buys Electrical Construction Firm

Construction company Tutor Perini Corp. has acquired electrical construction contractor Fisk Electric Co. in a deal worth $105 million.

California United Completes Purchase of Bank

California United Bank completed its acquisition of California Oaks State Bank and has added two new branches.

Aircraft Parts Business Sale Completed

Teleflex Inc. completed the sale of its aircraft component business based in Simi Valley, a deal valued at $94 million.

Essex Property Snaps Up Glendale Condo Community

MULTI-FAMILY: Site will be managed as rental units.

Essex Property trust adds Glendale condo community to its portfolio.

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Program for Disabled Says Job Placements Plummeted

PROGRAM: New Horizons says decline is up to 50 perent in 2010 for enrollees.

New Horizons sees jobs placement for disabled plummet by 50 percent

Ford Dealership Donates Van to Boys & Girls Club

GROUP: Woodland Hills firm’s gift will help growing organization transport children.

GIVING: This is a regular feature on philanthropic activities by Valley-area businesspeople and companies.

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AROUND THE VALLEYS

News and notes from around the greater San Fernando Valley area

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Up in the Clouds

Depending on Their Niches, Some Firms Expect Great Year

It should be a very good year for particular industries and companies. The Business Journal profiles three companies expecting to do well this year.

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New Year Will Be Different While Having Baggage of Past

SECTORS: Autos, tech expected to see bump in 2011.

As the new year begins, California is struggling to crawl out of the economic pit it has been in the past few years.

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Bankruptcy Boom Fueling Growth in Legal Practices

LAW: Veteran and new attorneys turn to busy and complex field of specialty.

A rise in bankruptcies is attracting people into bankruptcy law and prompting existing law firms to get into an area they have not been in before.

Small Retailers Feel Progress and Pain During Holidays

SHOPS: Not all local merchants followed U.S. trend.

We’ve all heard about the big guys, how did Valley independent small retailers do during the holiday shopping season?

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Northridge Dealership Gets First 2011 ChevyVolts in State

AUTOS: Rydell had highest number of customers who ordered the cars early.

Rydell Automotive in Northridge is the first in the area to get the much-anticipated Chevy Volt.

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San Gabriel Valley’s Wood Is Top Choice

ALLIANCE: Former head of economic group leading candidate for CEO post.

In the Valley Economic Alliance’s search for a new president and CEO, the organization is considering a candidate who formerly headed another economic development group.

Santa Clarita City Action Makes It Easier for Developers to Build Projects

FEES: Council extends business incentive which gives firms more time to pay.

An incentive giving developers in Santa Clarita more time to pay certain “impact fees” has been extended,and is expected to spark more projects in the city.

Layoffs Planned at Firm That Services Plant 42

AEROSPACE: Defense Department in-sourcing results in cuts at company.

Maintenance crews, security guards and firefighters will be among the 100 people to be laid off this month from aerospace manufacturing hub Plant 42 in Palmdale.

Opportunity Ink

Planning for a poor economy is all part of Keith Ramirez’s plan for starting a new business, so he sells products people will always need.

Entrepreneur: Business owner tries to pick recession-proof endeavors.

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On Assignment’s Global Moves

STAFFING: Firm gains strength in life-science arena with purchase.

Professional staffing firm On Assignment Inc. has boosted both its global presence and its strength in the growing clinical research sector with the acquisition of a Western European firm

Investor Takes Bigger Portion of Asian Food Sector

DINING: Pick Up Stix purchase adds fourth chain to portfolio.

A local financier and restaurateur who now owns Pick Up Stix said he plans to revitalize the chain, which is being added to his portfolio of three other Asian casual dining restaurant chains.

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Teledyne Braces For Shift in Work

TECH: Purchase of DALSA boosts business in commercial sector.

In anticipation of a drop in military and defense orders, Teledyne Technologies Inc. is positioning itself to get more work in the commercial and industrial sectors.

EXECUTIVE SUMMARY / THE PACESETTER - Largest Money Management Firms

THE LIST: Largest Money Management Firms Ranked by total assets managed in 2010. Includes the 2011 SFV'S LARGEST MONEY MANAGEMENT FIRMS list for download (pdf)

DONE DEALS - January 2011

Commercial real estate transactions in the greater San Fernando Valley area, including leases and sales

EXECUTIVE SUMMARY / THE PACESETTER - Largest Senior Active Living Facilities

THE LIST: Largest Senior Active Living Facilities Ranked by number of independent living units. Includes the 2011 SFV's LARGEST SENIOR ACTIVE LIVING FACILITIES list for download (pdf)

Nurses' Strike

LETTER TO THE EDITOR

A Letter to the Editor

Coveted Platinum for Building

GREEN: Citadel’s Glendale site only one of 60 in state.

Citadel Environmental Services in Glendale is now the first LEED Platinum certified space in the Los Angeles area.

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Tighter Focus on Business, Area Attributes

FROM THE NEWSROOM

Editor Jason Schaff says there needs to be greater focus on marketing the area as a good place to do business.

New Mobile App Brings Foreclosure Listings to Buyers

TECH: Strategy helps real estate firm maneuver an increasingly competitive market.

Mobile application brings foreclosure listings to prospective buyers’ phones instantly.