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Leiner Health Products

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CALIFORNIA | LOCAL
October 29, 1993 | TED JOHNSON, TIMES STAFF WRITER
When Leiner Health Products in Torrance needed bigger headquarters, cities in Nevada, Arizona and Utah came courting. No surprise there--restless South Bay companies are prime targets for poaching. But this time, the company didn't bite. It chose the town next door. At a ceremony Thursday, Leiner, the nation's largest vitamin manufacturer, announced that it will move from Torrance to Carson over the next six months.
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BUSINESS
December 2, 2008 | Times Staff and Wire Reports
Leiner Health Products Inc., the collapsed vitamin and medicine maker, asked for more time to exit bankruptcy while it resolves a tax claim and a dispute with the company that bought its assets. Leiner, of Carson, had planned to exit bankruptcy and pay creditors using cash from the sale of its assets to nutritional-supplement maker NBTY Inc. for $385 million. Without a longer grace period, Leiner faces "a potential risk of disruption," according to U.S. Bankruptcy Court papers filed in Wilmington, Del.
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BUSINESS
October 25, 2000 | MARLA DICKERSON, TIMES STAFF WRITER
What do you do when your company is hamstrung by a pile of debt and shrinking margins in an industry rattled by price fixing, bad publicity and sluggish growth? If you're Gale Bensussen, you reach for the stomach medication. Then you turn it into a hot-selling product. The president of Carson-based Leiner Health Products Inc., one of the world's leading manufacturers of vitamins and supplements, is now moving the firm aggressively into over-the-counter medications.
BUSINESS
March 11, 2008 | Andrea Chang, Times Staff Writer
Leiner Health Products Inc., a leading maker of vitamins and nutritional supplements, filed for bankruptcy protection Monday, a year after the Food and Drug Administration found problems at one of its manufacturing plants, prompting a product recall. Carson-based Leiner, which supplies store-brand products to major retailers including Costco and CVS, listed assets and debt of $500 million to $1 billion in a Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware. Three company affiliates also filed for protection from creditors.
BUSINESS
February 5, 1997 | Times Staff and Wire Reports
Vita Health Co., a Canadian manufacturer and marketer of vitamins, nutritional supplements and over-the-counter drugs, said that it has been acquired by Carson-based Leiner Health Products. Terms were not disclosed. . . . Phillip Gay has been named chief executive of Color Me Mine, a subsidiary of Los Angeles-based Koo Koo Roo Inc.
BUSINESS
December 2, 2008 | Times Staff and Wire Reports
Leiner Health Products Inc., the collapsed vitamin and medicine maker, asked for more time to exit bankruptcy while it resolves a tax claim and a dispute with the company that bought its assets. Leiner, of Carson, had planned to exit bankruptcy and pay creditors using cash from the sale of its assets to nutritional-supplement maker NBTY Inc. for $385 million. Without a longer grace period, Leiner faces "a potential risk of disruption," according to U.S. Bankruptcy Court papers filed in Wilmington, Del.
BUSINESS
May 6, 1994 | From Times Staff and Wire Reports
Vitamin Maker to Offer Stock: Leiner Health Products Group Inc., a Torrance manufacturer of vitamins and non-prescription drugs, plans to raise up to $45.5 million in an initial public stock offering, according to a federal filing. Leiner said in the Securities and Exchange Commission filing that it plans to sell 3.3 million shares. The firm did not list an expected initial price range for its stock, but it proposed a maximum price of $15 a share for registration purposes.
BUSINESS
March 11, 2008 | Andrea Chang, Times Staff Writer
Leiner Health Products Inc., a leading maker of vitamins and nutritional supplements, filed for bankruptcy protection Monday, a year after the Food and Drug Administration found problems at one of its manufacturing plants, prompting a product recall. Carson-based Leiner, which supplies store-brand products to major retailers including Costco and CVS, listed assets and debt of $500 million to $1 billion in a Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware. Three company affiliates also filed for protection from creditors.
BUSINESS
November 14, 2007 | From Times Wire Services
Leiner Health Products Inc., a maker of store-brand vitamins and nutritional supplements, said the Justice Department was investigating a company drug-manufacturing plant. The probe of "production, control and distribution" probably stems from a Food and Drug Administration inspection in March, the closely held company said in a filing with the Securities and Exchange Commission. The deficiencies at the plant, in Fort Mill, S.C.
BUSINESS
November 7, 2001 | Associated Press
Five drug companies that account for nearly all the store-brand pain relievers sold in the country have settled federal charges that they mislabeled some of their products "Made in USA." According to the Federal Trade Commission, many of the companies' "Made in USA"-labeled products contained imported ingredients that made up the bulk of the cost. By law, the FTC requires that any product labeled "Made in USA" must be "all or virtually all" domestically made.
BUSINESS
October 25, 2000 | MARLA DICKERSON, TIMES STAFF WRITER
What do you do when your company is hamstrung by a pile of debt and shrinking margins in an industry rattled by price fixing, bad publicity and sluggish growth? If you're Gale Bensussen, you reach for the stomach medication. Then you turn it into a hot-selling product. The president of Carson-based Leiner Health Products Inc., one of the world's leading manufacturers of vitamins and supplements, is now moving the firm aggressively into over-the-counter medications.
BUSINESS
February 5, 1997 | Times Staff and Wire Reports
Vita Health Co., a Canadian manufacturer and marketer of vitamins, nutritional supplements and over-the-counter drugs, said that it has been acquired by Carson-based Leiner Health Products. Terms were not disclosed. . . . Phillip Gay has been named chief executive of Color Me Mine, a subsidiary of Los Angeles-based Koo Koo Roo Inc.
BUSINESS
May 6, 1994 | From Times Staff and Wire Reports
Vitamin Maker to Offer Stock: Leiner Health Products Group Inc., a Torrance manufacturer of vitamins and non-prescription drugs, plans to raise up to $45.5 million in an initial public stock offering, according to a federal filing. Leiner said in the Securities and Exchange Commission filing that it plans to sell 3.3 million shares. The firm did not list an expected initial price range for its stock, but it proposed a maximum price of $15 a share for registration purposes.
CALIFORNIA | LOCAL
October 29, 1993 | TED JOHNSON, TIMES STAFF WRITER
When Leiner Health Products in Torrance needed bigger headquarters, cities in Nevada, Arizona and Utah came courting. No surprise there--restless South Bay companies are prime targets for poaching. But this time, the company didn't bite. It chose the town next door. At a ceremony Thursday, Leiner, the nation's largest vitamin manufacturer, announced that it will move from Torrance to Carson over the next six months.
NEWS
November 20, 1996
The holidays are here! A time for giving. A time for sharing. A time for stress! The kids out of school . . . the endless shopping for gifts . . . the holiday parties . . . and let's not forget the relatives coming in from out of town. Dr. Robert Kay, nutritional research director at Leiner Health Products, says, "You can't beat the basics when it comes to minimizing the health effects of stress." Eat right, get enough rest and exercise regularly.
CALIFORNIA | LOCAL
April 21, 1998
A hydrogen sulfide gas and sulfuric acid leak caused by overcharged vehicle batteries led to the evacuation of a health products company Monday and sent seven people to the hospital, a Los Angeles County Fire Department spokesman said. The incident at Leiner Health Products Inc. in the 900 block of East 233rd Street in Carson occurred at 12:33 a.m., said fire spokesman Ed Loney. The vitamin manufacturer uses the batteries to power forklifts used inside the building.
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