CALIFORNIA | LOCAL
April 25, 1992 |
Tejon Ranch Co., which owns the site of a controversial facility that burns hazardous wastes near Gorman, has begun talks to sell the property to the plant's operator. The sale could remove a hurdle to the operator's bid for a new state permit. In a letter to an opponent of the operation, Tejon President Jack Hunt said his company, which leases the site to plant operator National Cement Co., is in an "untenable position" that forced Tejon to recently begin considering National's purchase offers.
November 9, 1993
Tejon Ranch Co., a Lebec-based real estate company with interests in cattle and farming, reported a loss of $139,000 for its third quarter that ended Sept. 30, while its revenue fell 27% to $1.84 million. A year before, Tejon Ranch earned $245,000 on $2.52 million in revenue. For the nine months, the company saw its profit drop 26%, to $449,000 from $609,000 a year earlier. Its revenue was $8.66 million, down 6% from $9.24 million in the 1992 period.
CALIFORNIA | LOCAL
November 6, 2006 |
Developers of the largest chunk of privately owned wild lands remaining in Southern California and representatives from the nation's most powerful environmental groups gathered at a special summit last spring to consider a deal. Under it, environmentalists would forgo legal challenges if the proposed 23,000-home Centennial development on Tejon Ranch were reconfigured to more than double the amount of land set aside for a preserve.
May 19, 1992
Tejon Ranch Co., a Lebec company with interests in real estate, cattle and farming, reported a loss in the first quarter ended March 31, which it blamed on fewer cattle sales and lower oil and cement royalties. Tejon's first-quarter loss of $63,000 contrasted with a year-earlier profit of $281,000. Revenue totaled $1.68 million, down 35% from $2.59 million in 1991's first quarter.