BUSINESS
February 22, 2010 | By Ronald D. White
The ports of Los Angeles and Long Beach are bringing in a surprising new commodity: jobs. The first post-recession surge in employment at the nation's busiest seaport complex began this month and appears to be gathering momentum. There has been as much as a threefold increase in the number of longshoremen finding work on the docks in the first three weeks of February compared with the same period last year, a review of daily employment dispatches shows. Through the first three weeks there was an average of 2,679 longshore jobs a day during the usual three work shifts at the two ports, according to the summaries.
BUSINESS
February 16, 2013 | By Alejandro Lazo, Los Angeles Times
Bill Sepe has gotten used to rejection. The 28-year-old Rancho Cucamonga native has put in nearly 200 unsuccessful offers since August on Inland Empire homes, varying from typical suburban ranches to classic craftsman homes. All this anguish comes in pursuit of a modest home in the exurb of San Bernardino County, the epicenter of the Southern California housing crash. Plummeting values here sparked a vicious wave of foreclosures. But it's precisely because prices fell so far here that Sepe can't buy a house now. In a sharp irony, many would-be homeowners in hard-hit markets can't compete with a flood of all-cash offers from investors, some backed by Wall Street war chests.
BUSINESS
January 9, 2006 | Jerry Hirsch, Times Staff Writer
Once home to one of the nation's largest concentrations of dairy farms, the Inland Empire's $500-million dairy industry is rapidly evaporating as dozens of farmers sell out to real estate developers. In the last two years, more than 160 dairies -- nearly 80% of those operating just a year ago -- have either been sold or are in escrow, according to the Milk Producers Council, a trade association based in Chino. The industry could be virtually gone within five years.
CALIFORNIA | LOCAL
August 2, 2009 | Anna Gorman and Rich Connell
With sprawling new housing tracts transforming the Inland Empire earlier this decade, word traveled to immigrants across the state. There were jobs -- lots of jobs. Mexican native Ramon Granados got the news in the Northern California town of Watsonville. He moved to Riverside in 2004 and quickly was hired as an electrician. "There was tons of work -- new apartments, new construction," said Granados, 25, a U.S. citizen. "Everybody wanted to come to this part of California."
BUSINESS
April 12, 2013 | By Roger Vincent, Los Angeles Times
Nestled on the windy plains at the foot of the San Bernardino Mountains, once austere stretches of agricultural land have morphed into the country's most desirable industrial real estate market, and it is growing faster than any other industrial region in the U.S. Among the many merchants running large-scale operations now are such household names as Amazon.com Inc., Kohl's Corp., Skechers USA Inc., Mattel Inc. and Stater Bros. Markets. They come for vast warehouses - some are bigger than 30 football fields under one roof - where they can store, process and ship merchandise such as clothes, books and toys to ever more online shoppers and handle the rising flood of goods passing through the ports of Los Angeles and Long Beach.
NEWS
August 11, 1985 | WILLIAM TROMBLEY
The origins of the term "Inland Empire" are obscure. Longtime residents say they have heard the phrase for many years but do not know where it came from. In a 1977 paper, Ronald O. Loveridge, a University of California, Riverside, political scientist, said the first frequent use of "Inland Empire" was in an advertising campaign by a Riverside bank in the 1950s. Today the term is widely used.