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Ricon Corp

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CALIFORNIA | LOCAL
March 6, 2001
Ricon Corp. of Panorama City has sold the assets of its Specialty Vehicle Division to Thor Industries Inc. The move will enable Ricon to concentrate on expanding products in the personal, commercial and transit markets. Ricon Corp., along with its wholly owned subsidiary Concord Elevator Inc., designs and manufactures wheelchair accessibility systems and solutions, including vehicular wheelchair lifts and residential elevators and stair lifts.
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CALIFORNIA | LOCAL
March 6, 2001
Ricon Corp. of Panorama City has sold the assets of its Specialty Vehicle Division to Thor Industries Inc. The move will enable Ricon to concentrate on expanding products in the personal, commercial and transit markets. Ricon Corp., along with its wholly owned subsidiary Concord Elevator Inc., designs and manufactures wheelchair accessibility systems and solutions, including vehicular wheelchair lifts and residential elevators and stair lifts.
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BUSINESS
July 21, 1998
Construction of a new headquarters for Ricon Corp. is underway at the former Panorama City site of General Motors Corp. Ricon said it plans to move from five buildings in Pacoima to the new complex by year's end, consolidating its operations in the $12-million, 600,000-square-foot facility. The 65-acre site was developed by Poliquin Kellogg Design Group of Woodland Hills. The facility will serve both as a manufacturing plant and headquarters for Ricon's 350 workers.
BUSINESS
July 21, 1998
Construction of a new headquarters for Ricon Corp. is underway at the former Panorama City site of General Motors Corp. Ricon said it plans to move from five buildings in Pacoima to the new complex by year's end, consolidating its operations in the $12-million, 600,000-square-foot facility. The 65-acre site was developed by Poliquin Kellogg Design Group of Woodland Hills. The facility will serve both as a manufacturing plant and headquarters for Ricon's 350 workers.
BUSINESS
March 7, 2000 | BOB HOWARD, SPECIAL TO THE TIMES
Developers of an industrial and retail center at the former General Motors assembly plant in Van Nuys were scheduled to close the sale of a 190,000-square-foot industrial building today, weeks after selling most of the retail portion of the project for $43 million. Woodland Hills-based Voit Cos. said it will sell the industrial building to apparel firm Jerry Leigh, which designs and manufactures clothing under licensing agreements with Walt Disney Co., Warner Bros. and others.
CALIFORNIA | LOCAL
July 30, 1999 | KAREN ROBINSON-JACOBS
Calling it a step in the right direction, Los Angeles Mayor Richard Riordan on Thursday praised a Panorama City-based maker of wheelchair lifts for expanding and adding jobs in the northeast San Fernando Valley, an area with a stubbornly high unemployment rate. As part of his regular business outreach program, Riordan toured the 200,000-square-foot production facility of the Ricon Corp.
BUSINESS
September 24, 1997 | JAMES FLANIGAN
As more than 1 million San Fernando Valley residents move toward a vote on seceding from Los Angeles, the Valley's 43,000-plus businesses--almost all of them small to medium-sized firms--are anxious about what that might mean for them. The answer is lower taxes on business licenses and gross sales, at least initially. Yet even that reward is not certain.
BUSINESS
March 30, 1999
* A group composed of some owners of Ricon Corp. and other investors acquired the company's 200,000-square-foot headquarters at 7900 Nelson Ave. in Panorama City for $12 million from S&V Associates. Ross Thomas of Delphi Business Properties, who represented the buyers and is one of the new owners, said the transaction marked the first sale of an industrial building at The Plant, a 65-acre development at the former General Motors assembly plant.
BUSINESS
June 2, 1998 | BOB HOWARD, SPECIAL TO THE TIMES
At the former General Motors plant in Van Nuys where Camaros and Firebirds were once assembled, construction crews are busily remaking the factory into another American icon--a shopping center. In Santa Fe Springs, a former oil refinery is being converted into industrial warehouses. In Torrance, buildings have been razed at a former McDonnell Douglas aerospace facility to make way for an auto dealership, a shopping center and more warehouses.
CALIFORNIA | LOCAL
December 25, 1993 | HUGO MARTIN, TIMES STAFF WRITER
For years, former City Councilman Ernani Bernardi fumed that his 7th District in the northeast San Fernando Valley had been ignored by the city and used as the dumping grounds for many undesirable city projects. And despite various programs to promote economic revival, Bernardi's district has continued to hold the dubious distinction of having the Valley's highest unemployment rates and lowest income levels.
CALIFORNIA | LOCAL
May 18, 1999 | JENNIFER PENDLETON, SPECIAL TO THE TIMES
More than a year after the federal government announced it was establishing an empowerment zone here, officials can't name a single business that has moved to the zone--or plans to do so--because of the federal incentives. Los Angeles city officials, who fought hard to win the empowerment zone status, say the problem is the area's tight commercial real estate market, which has stood at 3% since 1997.
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