BUSINESS
June 16, 1992 | JACK SEARLES
The Westlake Village plant of Control Products Corp., which makes illuminated control panels for helicopters and other aircraft, will close its doors for good on July 3, according to John Pettersen, vice president and general manager. The company, which was founded in Venice in 1958 and moved to Ventura County in 1977, is a victim of the aerospace squeeze and environmental regulations, Pettersen said.
BUSINESS
June 30, 1992 | JACK SEARLES
Abex Aerospace, the Oxnard concern that has been the subject of rumors that it might be shut down, probably will remain in business, but in a different form than in the past, a company official predicts. Abex, whose 650 employees currently produce hydraulic pumps, valves and other equipment for the aerospace industry, will move out of defense work.
BUSINESS
June 23, 1992 | JACK SEARLES
Concern for the safety of its employees has prompted a company based in inner-city Los Angeles to decide to move to Ventura County, marking one of the first such relocations in the wake of the recent Los Angeles riots. The Robert M. Hadley Co., a 63-year-old concern that produces transformers and other items for the aerospace industry, has offered its 120 employees in South-Central Los Angeles a chance to transfer from the firm's main plant to a branch facility in Ventura, said John R.
CALIFORNIA | LOCAL
June 29, 1999
Two investor groups have sold their shares in Whittaker Corp., a Simi Valley-based supplier of aircraft parts and systems. Money manager Paul Blavin and his affiliates sold their 8.54% stake, a total of 969,376 shares, at $27.51 each, according to papers filed with the Securities and Exchange Commission. An investment group that includes Waveland Partners LP also sold its entire 6.98% stake, 798,432 shares, for $27.45 apiece, according to the SEC. The Waveland group, headed by David S.
CALIFORNIA | LOCAL
March 31, 1992 | MAIA DAVIS, SPECIAL TO THE TIMES
Litton Industries, facing cutbacks in defense budgets, will transfer its Aero Products division to an existing Litton operation in Canoga Park this fall as scheduled but will close its 600-employee plant in Moorpark, where it is the city's second-largest employer. Litton had planned to move its Data Systems operations, which employs 1,500 people in Agoura Hills and Van Nuys, to Moorpark. Instead, it will consolidate the Data Systems operations at its Agoura Hills facility.
CALIFORNIA | LOCAL
April 23, 1993 | MYRON LEVIN, TIMES STAFF WRITER
With the area already reeling from loss of defense and aerospace jobs, federal officials said that budget cuts proposed by the Clinton Administration would eliminate about 145 jobs next year and slow environmental cleanup work at Rockwell International's laboratory near Simi Valley. The proposed cuts in support for nuclear research could idle 115 Rockwell employees involved in testing non-nuclear components for atomic reactors, said John Belluardo, a spokesman at the U.S.