September 18, 2002 |
Newport Beach-based Koll Construction has been sold to the firm's managers, company founder Donald Koll said. The firm is operating under the name Arris Builders Inc. and is led by Donald W. Dreusike, president, and Terry Lysek, senior vice president. Terms of the sale were not disclosed. Arris will complete more than $50 million in current Koll Construction projects, Dreusike said.
CALIFORNIA | LOCAL
September 30, 1995
The Arcadia City Council is poised to fire its contractor for a $6-million downtown revitalization after delays caused by striking workers. The council is expected on Tuesday to approve City Manager William Kelly's recommendation to cancel the contract of Sully-Miller Contracting Co. of Anaheim and hire another firm to complete the "Downtown 2000" project.
January 16, 1985 |
In an effort to boost the disappointing profitability of its California bank subsidiary, Los Angeles-based First Interstate Bancorp announced Tuesday a major reorganization that will result in the California bank splitting off its large corporate and foreign lending activities into a separate firm.
January 30, 2001 |
An entertainment production company that includes actors Ben Affleck and Matt Damon has become one of the few--and by far most prominent--Hollywood firms to set up shop in downtown Los Angeles. LivePlanet moved its 30-member headquarters staff into about 10,000 square feet of office space at Los Angeles Center Studios, the former Unocal headquarters. The complex adjacent to the Harbor Freeway includes several other entertainment-related firms and six large sound stages.
December 21, 1991 |
Hughes Aircraft said Friday that it agreed to settle for $11 million a civil suit brought by the Justice Department involving the pricing of the Maverick missile. The terms of the settlement provide for no admission of guilt by Hughes and an agreement by the Justice Department that it will not pursue further civil or criminal actions against the firm, company spokesman Richard Dore said.
CALIFORNIA | LOCAL
June 10, 1987 |
Seventeen employees at the Hughes Aircraft plant in Carlsbad have been put on indefinite administrative leave in the aftermath of a drug investigation conducted by the firm, company officials revealed Tuesday. Bill Herrman, a Hughes spokesman, said the workers were told to go home last Thursday for "violation of company policies." "There were a number of employees put on leave," Herrman said. "It is being treated as an internal matter."