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BUSINESS
August 26, 1992 | From Times Staff and Wire Reports
JVC to Cut Work Force by a Fifth: Victor Co. of Japan will reduce its global work force by more than 21% over the next year in response to tumbling sales that prompted the company to project a major financial loss in the year to March, 1993. JVC, a major producer of videocassette recorders, will shed 3,000 workers in Japan, the United Kingdom and Germany, a spokesman said.
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BUSINESS
October 3, 1995 | EVELYN IRITANI, TIMES STAFF WRITER
Japanese electronics giant JVC has selected Sacramento as the site for the world's first plant built to produce a next-generation compact disc that could dramatically transform the home consumer electronics industry, according to state officials. The $40-million digital video disc facility is expected to open in 1996 and will initially employ 250, said Julie Wright, secretary of trade and commerce. By 2000, the company plans to expand the project to $400 million and employ 1,000.
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BUSINESS
June 19, 1991 | From Times Staff and Wire Reports
Japanese Record Firm Plans U.S. Unit: Victor Musical Industries, the record division of Japanese electronics giant JVC, will launch an American subsidiary label called Victory Music Inc. The move marks the first time a Japanese record company has set up operations in the United States. Polygram will distribute the label, which represents such acts as David Bowie's Tin Machine, and Emerson, Lake and Palmer.
BUSINESS
May 24, 1995 | CHRIS KRAUL, TIMES STAFF WRITER
Japanese consumer electronics giant JVC will begin construction Thursday on a $36-million television manufacturing complex in Tijuana, joining half a dozen other Asian TV makers already there. The plant will initially employ about 500, JVC said.
BUSINESS
October 3, 1995 | EVELYN IRITANI, TIMES STAFF WRITER
Japanese electronics giant JVC has selected Sacramento as the site for the world's first plant built to produce a next-generation compact disc that could dramatically transform the home consumer electronics industry, according to state officials. The $40-million digital video disc facility is expected to open in 1996 and will initially employ 250, said Julie Wright, secretary of trade and commerce. By 2000, the company plans to expand the project to $400 million and employ 1,000.
BUSINESS
May 24, 1995 | CHRIS KRAUL, TIMES STAFF WRITER
Japanese consumer electronics giant JVC will begin construction Thursday on a $36-million television manufacturing complex in Tijuana, joining half a dozen other Asian TV makers already there. The plant will initially employ about 500, JVC said.
BUSINESS
May 26, 1989
Shareholders of United Artists Communications and United Cable Television voted approval of a merger at their respective shareholder meetings in Denver . . . JVC Co. of America said it is moving its Western regional headquarters from Compton to a new 160,000-square-foot complex under construction in a business park called Cypress Pointe in Cypress . . . The Federal Trade Commission has given an investment group led by Sid Bass and Lee Bass permission to...
BUSINESS
May 26, 1989 | MICHAEL FLAGG
JVC Co. of America said Thursday it is moving its western regional headquarters from Compton to Cypress. The company said it will employ 130 at a new 160,000-square-foot, two-story office and warehouse complex under construction in a business park called Cypress-Pointe. The building is scheduled to be completed in October. The electronics products maker said it picked Cypress because several of its competitors are nearby and the area is also convenient to the port of Long Beach.
BUSINESS
August 26, 1992 | From Times Staff and Wire Reports
JVC to Cut Work Force by a Fifth: Victor Co. of Japan will reduce its global work force by more than 21% over the next year in response to tumbling sales that prompted the company to project a major financial loss in the year to March, 1993. JVC, a major producer of videocassette recorders, will shed 3,000 workers in Japan, the United Kingdom and Germany, a spokesman said.
BUSINESS
June 19, 1991 | From Times Staff and Wire Reports
Japanese Record Firm Plans U.S. Unit: Victor Musical Industries, the record division of Japanese electronics giant JVC, will launch an American subsidiary label called Victory Music Inc. The move marks the first time a Japanese record company has set up operations in the United States. Polygram will distribute the label, which represents such acts as David Bowie's Tin Machine, and Emerson, Lake and Palmer.
CALIFORNIA | LOCAL
October 2, 1990 | JEFFREY A. PERLMAN
Promoters of ride-sharing among Irvine Spectrum business complex workers are using a live elephant this week to get their message across. Adorned in tent-size signs proclaiming "Beastly commute?" and "Don't forget to ride-share," the elephant named Speck is part of California Ride-share Week. Orange County activities for Ride-share Week range from luaus in company parking lots to competitions between rival firms.
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