SFVBJ CURRENT EDITION
HEALTH CARE: IPC bought by Team Health for $1.6 billion.
North Hollywood’s IPC became an acquisition target because its specialty – providing so-called hospitalist doctors – became more valuable under Obamacare.
ONLINE: United Online sells Classmates.com to tighten focus.
Woodland Hills’ United Online decided it was time to step off Memory Lane and sell its nostalgia-inducing Classmates unit.
Building projects wing way to Van Nuys Airport
Development at Van Nuys Airport is taking off, with several projects lined up on the runway.
REAL ESTATE: Developer looks to revive Laurel as Valley languishes.
San Diego developer takes on renovation of Laurel Plaza in North Hollywood but not the nearby Valley Plaza.
Bank’s new outpost to make large push into aiding small business.
Wells Fargo has opened what it calls a superstore in Sherman Oaks to serve the many needs of small businesses.
VICA to get busier on behalf of commerce at bigger Van Nuys office.
The Valley Industry and Commerce Association will soon move to more spacious quarters in Van Nuys.
Ted Howard Gardens taps fertilizer to trim lawns’ H2O use.
Still want a lush lawn without watering much? An invention called fertigation may be your answer.
Joel Russell ready to get down to business with Valley coverage.
Joel Russell takes over as the new editor of the Business Journal.
FINANCE: NetSol looks to reboot software’s rocky launch with pursuit of Asian markets.
NetSol Technologies’ new auto-finance software sputtered at first, but sales are finally accelerating – particularly in China, where the CEO believes huge numbers of cars will be sold.
FUNDRAISER: 12-year-old Grace Rose Bauer’s event brings in stars, $30,000.
The saying “and a child shall lead them” accurately describes entrepreneur Grace Rose Bauer’s efforts.
PHARMACEUTICAL: Hanson upgrading device that tests how pills dissolve in bodies.
Hanson Research is wrapping up development on an updated piece of test equipment used in the pharmaceutical industry.
Scott Ehrlich’s interests have taken him beyond development to launching candy shops and producing a musical and movie based on his life.
Scott Ehrlich has no time for hobbies because he’s been busy building hundreds of affordable housing units, founding a chain of ice cream shops and virtually rebuilding downtown Lancaster.
LEASE: Walker Zanger spent $2.5 million on built-to-suit office space in North Hills.
It will take 225 truck trips, but in about a month luxury stone and tile maker Walker Zanger Inc. plans to be settled into its new built-to-suit headquarters in North Hills.
News and notes from the greater San Fernando Valley
Lutz Klingmann resigned as chief executive of Golden Queen Mining Co. Ltd., which is currently preparing to open a gold and silver mine in Mojave.
Calendar of events
Businesses as well as governments can advance themselves by embracing change, Sen. Bob Hertzberg writes.
BIOTECH: MannKind’s debt-for-equity swap hurts shareholders.
With sales stagnating, MannKind tries debt-for-equity swap to avoid $100 million payout.
AVIATION: Pacific Air leaves Santa Monica after 55 years.
Airplane parts supplier Pacific Air Industries leaves Santa Monica for Chatsworth.
REAL ESTATE: New office construction lures financial, corporate tenants.
Publicly traded mortgage lender PennyMac is moving its headquarters to Westlake Village.
ServiceTitan founders created software to help dads’ businesses.
Software that helps home repair companies track jobs lands $18 million investment.
Real Industry expects boosted profile from joining Russell 2000.
Real Industries in Sherman Oaks gets listed on the Russell 2000 stock index.
Matthews’ devices let film, TV shoots attach cameras to cars.
Matthew Studio Equipment debuts a new camera mounting system.
How did hosting the Special Olympics impact the L.A. economy?
INTERNET: GetDismissed’s app connects users with obscure process to avoid paying tickets.
Westlake Village entrepreneur develops app to get traffic tickets dismissed.