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South Bay Economy

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CALIFORNIA | LOCAL
February 28, 1993 | RANDAL C. ARCHIBOLD, TIMES STAFF WRITER
A new group, the South Bay Economic Development Council, has been formed to unite communities under the banner of improving the region's economic health in the face of a recession and the loss of aerospace jobs. A spinoff of the South Bay Assn. of Chambers of Commerce, the council will be a clearinghouse for South Bay cities seeking ways to improve their economic health.
ARTICLES BY DATE
CALIFORNIA | LOCAL
July 22, 1993 | TED JOHNSON, TIMES STAFF WRITER
The job growth experienced in the South Bay during the booming 1980s has been virtually wiped out by the current recession, which has hit the area's manufacturing work force the hardest, according to a regional economic report that will be unveiled today.
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CALIFORNIA | LOCAL
February 11, 1993 | RANDAL C. ARCHIBOLD, TIMES STAFF WRITER
It's crunch time for South Bay leaders hoping to save the Los Angeles Air Force Base in El Segundo. With about one month left before the Air Force discloses its list of base closures, South Bay community leaders plan to step up efforts to ensure that the El Segundo facility remains off the list. A delegation of South Bay business leaders plans to visit Washington on Feb.
CALIFORNIA | LOCAL
July 15, 1993 | TED JOHNSON, TIMES STAFF WRITER
As doves and Chinese kites fluttered overhead, business and civic leaders gathered in Torrance on Wednesday to marvel at a new engine of economic growth in the South Bay's ailing economy. Herbal food and natural cosmetics? The occasion was the opening of the world headquarters of Sunrider International, a major producer of health products made from Chinese herbs.
CALIFORNIA | LOCAL
July 22, 1993 | TED JOHNSON, TIMES STAFF WRITER
The job growth experienced in the South Bay during the booming 1980s has been virtually wiped out by the current recession, which has hit the area's manufacturing work force the hardest, according to a regional economic report that will be unveiled today.
CALIFORNIA | LOCAL
July 15, 1993 | TED JOHNSON, TIMES STAFF WRITER
As doves and Chinese kites fluttered overhead, business and civic leaders gathered in Torrance on Wednesday to marvel at a new engine of economic growth in the South Bay's ailing economy. Herbal food and natural cosmetics? The occasion was the opening of the world headquarters of Sunrider International, a major producer of health products made from Chinese herbs.
CALIFORNIA | LOCAL
July 4, 1993 | TED JOHNSON, TIMES STAFF WRITER
The ongoing cutbacks and downsizing in the aerospace industry could push the South Bay's office vacancy rate to 30% by the end of 1994, making the region one of the hardest hit markets in Southern California, according to an area real estate brokerage firm. A vacancy rate of 30% in the fourth quarter of 1994 would represent a dramatic jump from the 21% vacancy rate recorded as of March 31 this year.
OPINION
September 20, 2013
Re "Senator tells Edison to fix blackouts," Sept. 17 Cheers to state Sen. Ted Lieu (D-Torrance) for his work in making Southern California Edison aware of its responsibilities to its customers. Thinking back on my experience with utility service failures, a better solution to the problem of making utilities like Edison responsible might be to require the company to give deep discounts to customers affected by "massive, recurring and unacceptable power outages," as Lieu called them.
BUSINESS
May 24, 1998
Boeing's announcement that it will transfer several stages of production on the 737 airplane to the former Douglas production facility at the Long Beach airport is great news for both the South Bay economy and California ["Boeing Looks to Build 737s in Long Beach," May 13]. The Los Angeles region has seen a significant reduction in the aerospace industry this decade. Boeing's decision to shift 737 production to Long Beach, along with potentially a billion dollars in facility upgrades, means the industry has come roaring back.
CALIFORNIA | LOCAL
July 4, 1993 | TED JOHNSON, TIMES STAFF WRITER
The ongoing cutbacks and downsizing in the aerospace industry could push the South Bay's office vacancy rate to 30% by the end of 1994, making the region one of the hardest hit markets in Southern California, according to an area real estate brokerage firm. A vacancy rate of 30% in the fourth quarter of 1994 would represent a dramatic jump from the 21% vacancy rate recorded as of March 31 this year.
CALIFORNIA | LOCAL
February 28, 1993 | RANDAL C. ARCHIBOLD, TIMES STAFF WRITER
A new group, the South Bay Economic Development Council, has been formed to unite communities under the banner of improving the region's economic health in the face of a recession and the loss of aerospace jobs. A spinoff of the South Bay Assn. of Chambers of Commerce, the council will be a clearinghouse for South Bay cities seeking ways to improve their economic health.
CALIFORNIA | LOCAL
February 11, 1993 | RANDAL C. ARCHIBOLD, TIMES STAFF WRITER
It's crunch time for South Bay leaders hoping to save the Los Angeles Air Force Base in El Segundo. With about one month left before the Air Force discloses its list of base closures, South Bay community leaders plan to step up efforts to ensure that the El Segundo facility remains off the list. A delegation of South Bay business leaders plans to visit Washington on Feb.
CALIFORNIA | LOCAL
November 17, 1987 | TOM GORMAN, Times Staff Writer
The San Marcos Chamber of Commerce doesn't know which business in its city has the greatest positive financial impact on inland North County, but a study by San Diego State University suggests that it may well be Palomar Community College.
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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