Stories for December 2004

Thursday, December 30

Robbins Bros. completes financing deal with two equity firms

Money to be used for national expansion.

Amgen named FORBES' Company of the Year

The Thousand Oaks drug maker was named the Company of the Year. Amgen has made a fortune selling drugs in two categories of care, but could soon break through into treating a much broader range of conditions.

ResCare Inc. buys TTI America, Inc.

Louisville-based ResCare purchased TTI America, Inc. of Van Nuys, an employment services company.

Wednesday, December 29

Inphi Raises $18 Million

Westlake Village-based Inphi has received another $18 million in funding.

Sylmar Building Sold

Topanga Oil Products, Co. buys Sylmar building.

Thursday, December 23

Blue Cross Announces Partnership with SBA

Blue Cross of California and the Small Business Administration are teaming together to educate small business owners on insurance options.

Monday, December 20

Through the Year 2004: Companies, People in Transition

A month-by-month look at some of the key developments that made news in the San Fernando Valley in 2004.

Mixed Results Lay Groundwork for 2005

From the News Room by Jason Schaff, Editor

L.A. Developer to Buy Bank's Chatsworth Headquarters

Investment Development Services Inc. is expected to acquire a portion of the Washington Mutual campus in Chatsworth, Shelly Garcia reports

VICA Chairman Lays Groundwork For Group's 2005 Lobbying Tasks

VICA Martin M. Cooper, newly re-elected chairman of the Valley Industry & Commerce Association, laid out an agenda for the coming year that includes lobbying for change in the healthcare system, local infrastructure and other high-profile issues.

The Numbers Guy

ADVOCATE Mel Kohn, CPA and co-chair of the Business Tax Advisory Committee, talks about what it took to get business tax reform passed.

California's Head of Aviation Touts

AVIATION Austin Wiswell, aeronautics chief of the California Department of Transportation, believes it is essential to better utilize the area's local airports, including Van Nuys, Palmdale and Burbank.

Winners and Losers: Firms Try to Adapt to Changing Scene - Winners

EBay Retailers See Market for Service; Real Estate Brokers Have Hot But Busy Year as Sales Frenzy Continues; Low Cost Services Lucrative for United Online; WellPoint Merger Good for Officials

Business Pushes City Tax Reform

Five years after the creation of the Business Tax Advisory Committee, the city finally seemed ready to accept meaningful change in 2004.

Hurdles Abound Despite Improvements

But if 2004 was better, on the whole, than 2003, it wasn't all good.

Uninsured Make ERs Routine Stop

For too much of the Valley's uninsured population, emergency rooms are a one-stop shop.

Urban Housing Builds Steam

Housing landed on public and private agendas as job number one in 2004, and as developers moved to buy up available land for new apartment units, city officials sought to craft an inclusionary housing ordinance.

Hospitals Expand, Renovate As Industry Makes Changes

Expansion at some Valley-area hospitals has only begun to ease the strain on these facilities.

NEWSMAKERS

San Fernando Valley businesspeople and businesses in the news, on the move...

Professions Team Up in Collaborative Divorce

Commentary by By RONALD M. SUPANCIC, attorney, a California Certified Family Law Specialist, and past president and founding member of the Coalition for Collaborative Divorce. Located in Woodland Hills,

Officials, Businesspeople Putting Focus on Job Losses

With the defeat of Prop. 72, the passage of business tax reform and some advances in fixing workers' compensation, some of the impediments to job creation were stemmed in 2004, but there is still much work to be done.

Local File Sharing Companies Facing Uncertain Future Litigation

Local companies Altnet and Streamcast Networks Inc. are at the center of a lawsuit as large recording companies seek to halt a type of file-sharing.

Monday, December 6

VEDC Ventures Into New Funding Strategy

The Valley Economic Development Center's recent move to fund Pacoima-based Gold Graphics by making an equity investment in the company, is part of a growing trend by non-profits to employ entrepreneurial business tactics.

Valencia Firm Expands As It Caters to Growing Population of Elderly

Thirteen percent of the United States population is elderly, and as more boomers reach retirement age, that percentage will rise to 20 percent to 25 percent.

Dierking to Lead Efforts at Children's Museum

The Children's Museum of Los Angeles, which is set to begin construction of the San Fernando Valley's first city museum, has appointed Mark Dierking as its executive director.

Holy Cross Nurse Leading Effort to Relieve Shortage

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Creativity Needed in State Budget Battle

Guest Column By Gregory N. Lippe, managing partner of the Woodland Hills-based CPA firm of Lever, Lippe, Hellie & Russell LLP (LLHR) and a director of the Valley Industry and Commerce Association (VICA).

Baseball Center is Team Effort for Famous Father, Son

Legendary baseball player Reggie Smith and his son Reggie Smith Jr. now

Assemblyman's Work Bringing All Sides to the Table

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Non-Profit Meets Needs of Community for 30 Years

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

A New Treatment

CEO Beverly Gilmore, the new CEO of West Hills Hospital, says the hospital's strong roots in the community will help it to meet the challenges in the industry.

Emergency Room Issues Get Attention From Physician

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Businesses Face New Harassment Training Standards

Guest Column by Sue Bendavid-Arbiv, an attorney with Lewitt, Hackman, Shapiro, Marshall & Harlan in Encino

Porn Firms Are Wary of Gonzales

Despite the resignation of John Ashcroft, a fierce opponent of the adult entertainment industry, insiders say they are bracing themselves for troubling times ahead.

Industry Seeking Remedies

The defeat of Prop 72 is not likely to end the discussion about health care benefits reform, and some experts are cautioning businesses that if they don't take responsibility for solving the health care crisis they may be forced to accept government solut

CEO's Tenure Full of Dedication, Community Focus

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Board Chairman Literally Helped Build Medical Center

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Grossman's Medical Talents Get Worldwide Attention

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Hospitals Taking Great Care to Keep Doctors Happy

To attract and retain physicians, hospitals are offering additional benefits like access to information

Valley Panel Opposes City's Housing Plans

A Valley planning commission has issued a blanket opposition to the inclusionary housing ordinance due to be reviewed by several committees of the city council shortly.

CRA Taking Action on Vacant Panorama City Tower

The Los Angeles Community Redevelopment Agency is getting ready to force the hand of an owner of the long-vacant Panorama Towers in Panorama City, Shelly Garcia reports

Cal Lutheran Curriculum Focusing on Financial Planning

Cal Lutheran University has launched the California Institute of Finance to cater to the increasing demand for financial planning education programs.

New Benefits Plans Focusing On Aiding Small Businesses

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Spyware: Things May Be Lurking Inside Your Computer

Guest Column By Mike Newman, Business Development Manager of Northridge-based Cal Net Technology Group

CEO Has Taken Many Roles At Northeast Valley Agency

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Taking Preventive' Medicine to Extremes

Pressure to provide preventive care is resulting in unnecessary testing and expenditures, some doctors say.

Insurance Professional Turns Part-Time Citizen Lobbyist

Special Report: Valley's Health Care Leaders - The Business Journal profiles the Valley's health care leaders

Recording Facility Offers Sound Advice to Hollywood

L.A. Studios' location is just like its business across boundaries.

One of Valley's Largest Private Companies Files IPO

Local company American Reprographics Inc. has filed an initial public offering, expecting to raise about $230 million.