May 4, 1993 |
Four years ago, the Marquardt Co., a Van Nuys-based weapons maker, had more than $100 million in defense contracts, 1,100 workers and what looked like a rosy future. Today the company has been broken up into three businesses. One of them is in bankruptcy court and is also suing its former parent company in a dispute over assets, including the rights to what could be a lucrative tank-bomb business.
April 6, 1993
Marquardt Manufacturing Inc., a Van Nuys producer of bombs and related munitions equipment, has filed for protection under federal bankruptcy laws because of a dispute with its former parent, Marquardt Co. MMI filed under Chapter 11 in U.S. Bankruptcy Court in Los Angeles last month to avoid the potential seizure and sale of certain assets by Marquardt, said MMI Chairman Lenn Kristal.
June 2, 1992 |
About 400 business people and 80 companies are expected to take part in the sixth annual Small/Minority Business Opportunity Day on June 16 at UC Santa Barbara. The event offers operators of small businesses in Ventura, Santa Barbara and San Luis Obispo counties a chance to contact large firms that might need their products and services. Lockheed Space Operations, Martin Marietta Corp.
CALIFORNIA | LOCAL
November 5, 1997 |
Aiming to revitalize a long-vacant industrial site, city officials are seeking $2 million in federal funds to convert a large tract near Van Nuys Airport into a business park. Los Angeles Councilman Joel Wachs said Tuesday he will request the money to convert the 55 acres formerly occupied by defense contractor Kaiser Marquardt into an industrial park with more than a dozen businesses. The funds would come from the U.S. Department of Commerce's earthquake assistance program. "This effort . . .
CALIFORNIA | LOCAL
August 18, 1994 |
Parachute jumps, firefighting rescue operations and dozens of vintage aircraft will highlight this year's Van Nuys Airport Aviation Expo Saturday and Sunday. Expo '94, which is free to the public, will be held from 9 a.m. to 5 p.m. both days and is expected to draw 250,000 enthusiasts. The pedestrian entrance is at 8030 Balboa Blvd. in Van Nuys. The event, whose theme is "The Spirit of Los Angeles," will honor community heroes for acts of courage following the Northridge earthquake.