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VALLEY ROUNDUP

7-Screen Theater Being Readied in Granada Hills

July 16, 1985

United Artists Communications Inc. is remodeling space for a seven-screen movie theater at the Granada Hills Village Shopping Center. The company says it will be the first movie house in Granada Hills.

The theater complex on Zelzah Avenue will cost about $5 million and will open in March. It will seat about 2,600 in seven screening rooms, according to Larry Levin, a United Artists vice president.

He said the San Francisco-based company, the nation's second-largest theater chain, also plans an eight-screen complex in North Hollywood within 1 1/2 years.

The company is not related to the former film-production company called United Artists, which was acquired by MGM in 1981.

PMC Specialties Makes Sherwin-Williams Deal

PMC Specialties Group Inc. of Sun Valley purchased several operations from the chemicals division of Cleveland-based Sherwin-Williams Co. for an undisclosed sum.

The deal includes Sherwin-Williams' Chicago and Cincinnati operations, which make saccharin and pigments used in manufacturing printing ink. A Sherwin-Williams plant in Fords, N.J., will also be sold to PMC Specialties if it receives the approval of New Jersey environmental authorities. That plant makes anti-corrosive coatings.

PMC Specialties, a wholly owned subsidiary of PMC Inc., was formed especially for this deal. PMC Inc. is a holding company that owns a variety of companies making plastics and foams.

Titan Corp. Unit Gets Order From Honeywell

Gardena-based Computer Power Products, a wholly owned subsidiary of the Titan Corp. of Encino, has received a $1-million order from Honeywell Information Systems Inc. for its rotary uninterrupted power supply motor and generator devices.

Honeywell Information Systems will use the equipment to power its Large Computer Systems division in Arizona. The devices protect electronic equipment from power surges and reductions.

Hotel Properties Inc. has signed an agreement to buy a 275-room hotel in Jacksonville, Fla. The name of the property, the seller and the purchase price were not disclosed. Hotel Properties, based in Woodland Hills, owns 18 hotels in eight states.

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