Stories for March 2004
Monday, March 29
As many as 250 employees could get the axe at Cardinal Health's local offices here, effectively shutting down the company's Woodland Hills offices.
Countrywide Financial Corp. may not think California holds much promise for business expansion, but there's no arguing with a good real estate deal.
COMMENTARY by Jonathan Goldhill, CEO of The Growth Coach (LA) a small business coaching and consulting firm dedicated to helping entrepreneurs get more out of their businesses and personal lives.
According to executives of several local tech firms, offshore outsourcing can be a logistical nightmare and, in the end, not always cheaper.
GUEST COLUMN by Gregory N. Lippe, CPA, managing partner of Lever, Lippe, Hellie & Russell LLP (LLHR) and a director of the Valley Industry and Commerce Association (VICA).
The Business Journal's list of top 25 Family-Owned Businesses, Largest Valley companies ranked by number of employees
Chew on this: About 85 percent of Americans say it's important to get enough exercise, and two out of three of those very same folks are overweight, even obese.
Company Takes Flight; Lighting Company Acquired; Salem Gets New Station; Hemacare Posts Losses for Year; Wells Fargo Feted; California Chamber Seeks Entries; Continues Losses
Officials at Northrop Grumman Corp.'s Navigation Systems Division in Woodland Hills dedicated a manufacturing center March 16 that took two years to relocate from Santa Barbara County.
Deputy Mayor Troy Edwards, who has been named in an investigation of corruption in city contracting practices, has stepped down from his post.
A number of local executives say they're seeing signs that the economy has actually worsened since the beginning of the year, even as stock prices have risen and the GDP seems to be back on track.
CORPORATE FOCUS - For Camarillo-based Interlink Electronics, Inc., the difference between 2002 and 2003 is akin to the difference between day and night.
Monday, March 15
The Business Journal's list of top 15 Home Mortgage Lenders, Greater San Fernando Valley-based, ranked by dollar amount of mortgage lending in 2003. PLUS: Executive Summary, Pacesetter
Nursing Scholarships Awarded; Anheuser- Busch Ranks First; Pasta Pomodoro to Open; Rockwell Forms Firm; ML to Acquire Company; MannKind Raises Funds; Electro Rent Enters New Market; 3D Systems Reports Revenue Growth, Net Loss; SunGard Named 'Best Treasury
Although the securities brokerage and financial services company has maintained a longtime presence in Los Angeles, this is its first location in the San Fernando Valley.
Dominique Smith, a Sylmar High School senior, is headed to either Missouri's Columbia College or Hawaii's Chaminade University this fall to study forensic science.
CORPORATE FOCUS: Executives at Digital Theater Systems Inc. of Agoura Hills saw an improving IPO market last summer and decided it was time to take their digital audio business public.
Dole Food Company Inc. held a groundbreaking celebration for the beginning of construction of the Dole Wellness Center, Spa and Hotel on Friday, March 12, adjoining its headquarters in Westlake Village.
The Business Journal asks: Did you change your shopping patterns during the strike? And if so, are you going to return to the place where you had previously marketed?
Anyone bypassing the ATM machine for a visit behind the doors of a bank branch these days is more likely to get a warm hello, a cup of joe and a conversation
Seeing production sets costing more than $750,000 apiece destroyed after use in one feature film gave Alex Reid something to think about.
Sun Valley-area business officials and residents are cautious about the idea of big box retail supercenters being in their neighborhoods under an ordinance being drafted by the LA City Council.
Monday, March 1
The Business Journal's list of top 25 Private Schools, ranked by total current enrollment
The Drago brothers, Tanino, owners of several restaurants including Santa Monica's Drago, have opened Panzanella, a Sherman Oaks Italian restaurant in the space that was formerly Posto.
Two of the largest companies in the local area have partnered with some of the region's schools to provide job training for employees and assist in educating the future workforce.
Black & Decker Corp. has put the former Price Pfister plant in Pacoima up for sale and is currently entertaining offers for the property.
Letters and calls to Valley lawmakers from the Valley Industry and Commerce Association about two hospital-related laws that the organization wants postponed have gone unheeded causing frustration among officials of the local organization.
Over the past several years we have experienced numerous examples of the detrimental effects to our state's future resulting from a common cause.
The local office of the American Electronics Association is in a state of "flux" after the sudden departure of its executive director.
Judge Hill Recognized; Training Grant Received; PerfectData Losses Mount; Semtech Forecast Bright; WellPoint Recognized; Runaway Business; UCC Endorsements
Another Hispanic marketer, Jafra S.A., has filed plans to go public, but the international company, with a large presence in Mexico, may be facing a much different environment.