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CALIFORNIA | LOCAL
October 3, 2000
* Valley Todeco Inc. of Sylmar won a $218,337 contract from the U.S. Air Force at Tinker Air Force Base, Okla., for bolts. * Mason Electric Co. of San Fernando won a $205,884 contract from the U.S. Army at Redstone Arsenal, Ala., for grip assemblies. It also won a second contract of $105,156 from the Army at Redstone Arsenal for grip assemblies. * Flite Chemical Co.
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CALIFORNIA | LOCAL
July 11, 2000 | KAREN ROBINSON-JACOBS
When the spotlight is off the star performer, it's easier to see the other hoofers dancing their hearts out, way back in the chorus line. The same can be said for several San Fernando Valley area publicly traded companies in the wake of the recent tech wreck that took some of the dazzle away from the technology sector stars. For the quarter that ended June 30, tech-related companies had to share center stage with firms in bread-and-butter industries like health care and banking.
CALIFORNIA | LOCAL
July 1, 2000 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Entrepreneurs behind a Chatsworth-based company that markets radioactive products used for cancer treatment and a La Crescenta storage container company were among five San Fernando Valley area business people named this week as Los Angeles Entrepreneurs of the Year by accounting giant Ernst & Young. The winners--including L. Michael Cutrer, president and chief executive of North American Scientific Inc., and Ronald F. Valenta, president of Mobile Storage Group Inc.
CALIFORNIA | LOCAL
June 2, 2000 | GREG RISLING
A Valley business advocacy organization endorsed two state bills Thursday that may streamline the planning process for secession here. The Valley Industry and Commerce Assn., or VICA, hasn't taken a formal position on the possibility of municipal incorporation of the Valley. However, the group does support the gathering of information to determine whether separating the Valley from the city of Los Angeles would benefit businesses and residents alike.
CALIFORNIA | LOCAL
April 4, 2000 | KAREN ROBINSON-JACOBS
It was the perfect alignment of the planets for five San Fernando Valley-area public companies. You may recall that before the current trashing in the technology sector, tech stocks were oh-so-hot. And, after being largely out of favor for years, small-capitalization stocks made a comeback during the quarter that ended Friday--with the Russell 2000 small-cap index posting a nearly 36% gain for the quarter, to best the Dow Jones industrials, the S&P 500 and the NYSE.
CALIFORNIA | LOCAL
February 8, 2000 | KAREN ROBINSON-JACOBS
You don't have to remember your high school math to know that converting data into knowledge and power--and ultimately into substantive change--takes much more than a slide rule. But that's the formidable challenge facing the Economic Alliance of the San Fernando Valley and the rest of the region's business community. The Alliance is probably best known for orchestrating the Valley of the Stars marketing campaign.
CALIFORNIA | LOCAL
January 25, 2000
ACT Networks of Calabasas reported losses of $3.86 million for the second quarter ended Dec. 31, compared with a loss of $225,000 for the second quarter in 1998. Revenues were $9.8 million, down from $12.1 million. "We are clearly disappointed with our top-line growth," ACT President and Chief Executive Andre de Fusco said in a statement.
CALIFORNIA | LOCAL
January 25, 2000
MRV Communications Inc. of Chatsworth has formed a joint venture with Korea Microwave Technologies, the company said. The terms were not disclosed. The new entity, Optical Access Asia, will design, manufacture and market optical components in Korea and other Pacific Rim countries. MRV provides high-speed fiber optical network components and systems to digital communications industries.
CALIFORNIA | LOCAL
January 11, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
They're not exactly "Pennies from Heaven," but penny stocks accounted for some of the fastest-rising prices among shares of San Fernando Valley-based public companies in 1999. Ranging from cutting-edge technology firms to mundane businesses such as restaurants and oil refiners, penny stock companies based in the Valley run the gamut from growing start-ups to long-established enterprises.
CALIFORNIA | LOCAL
December 21, 1999 | D.B. YOUNG, SPECIAL TO THE TIMES
The i's have been dotted, the t's crossed and the numbers crunched. Now, most of the San Fernando Valley's largest corporate citizens are spending the final weeks before Y2K reviewing their contingency plans and making sure all bases will be covered for the big rollover. Companies that process large volumes of information daily, such as banks and insurers, are gearing up for what they hope will be an uneventful New Year.
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