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BUSINESS
October 17, 1989
Traditional Industries Inc., an Agoura Hills firm that markets camera and film processing packages, said it expects to report a loss for the fiscal fourth quarter. Meanwhile, the company said its financial report for the fiscal year that ended June 30 has been delayed, and it expects to report its results within 45 days.
BUSINESS
November 13, 1990
Traditional Industries Inc., an ailing Agoura Hills marketer of photographic supplies, said it is negotiating with lenders to completely restructure its bank debt. The company also disclosed further losses, and said it's in talks with federal regulators over a continuing dispute about Traditional's sales practices. Traditional said the debt talks include negotiations with Imperial Bank, one of its current lenders.
BUSINESS
May 7, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Arland D. Dunn, who headed Traditional Industries Inc. until the Agoura Hills company sought bankruptcy protection six weeks ago, has gotten help from a federal judge in his effort to build another photo supply company. Bankruptcy Judge Geraldine Mund in Los Angeles last week approved Dunn's offer to buy up to 2,000 sales contracts.
CALIFORNIA | LOCAL
October 24, 1990 | JEFFREY L. RABIN and JOSH MEYER, TIMES STAFF WRITERS
Democrat Henry A. Waxman of Los Angeles, the incumbent in the 24th Congressional District, is in another matchup Nov. 6 with Republican John N. Cowles, whom he easily beat in 1988. A dedicated liberal and environmentalist, Waxman has been a leader in the battle to extend the Clean Air Act. As chairman of the House subcommittee on health and the environment, he has led a legislative attack on smoking and is pressing legislation to restrict tobacco advertising in print and on billboards.
NEWS
October 21, 1990 | JEFFREY L. RABIN and JOSH MEYER, TIMES STAFF WRITERS
Incumbent Democrat Henry A. Waxman of Los Angeles is in another matchup with Republican John N. Cowles, whom he easily beat in 1988. A dedicated liberal and environmentalist, Waxman has been a leader in the battle to extend the Clean Air Act. As chairman of the House subcommittee on health and environment, he has led a legislative attack on smoking and is pressing legislation to restrict tobacco advertising in print and on billboards.
BUSINESS
October 16, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
Traditional Industries Inc., whose financial health has worsened significantly since the company ran afoul of the Federal Trade Commission a year ago, is in trouble with the agency again. Traditional, based in Agoura Hills, sells packages of photographic equipment, photo developing and other services directly to consumers. They cost between $300 and $1,500, and are typically aimed at newlyweds and new parents.
BUSINESS
April 9, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Traditional Industries Inc. in Agoura Hills is a classic example of how merely having sharply rising sales does not ensure success. Although Traditional's revenue soared from $13.4 million in fiscal 1985 (ended June 30) to $62.3 million in fiscal 1989, the company ran out of cash two weeks ago and was forced to file for reorganization under Chapter 11 of the federal bankruptcy laws. Arland D. Dunn, Traditional's founder and chairman since its formation in 1976, and President Alan F.
BUSINESS
April 16, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
The Los Angeles district attorney's office says it is investigating complaints by some salesmen for Traditional Industries Inc. that the Agoura Hills company intentionally sent them at least $13,000 in worthless paychecks in the weeks just before Traditional's bankruptcy filing.
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