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Voi Shan Company

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BUSINESS
January 20, 1990 | RALPH VARTABEDIAN, TIMES STAFF WRITER
The Pentagon has begun a comprehensive audit of Voi-Shan, a Culver City producer of aerospace fasteners that is under federal criminal and civil investigation for incomplete and phony testing of its products. The audit may be the final leg of the federal probe that started in 1988 when two former Voi-Shan quality control inspectors alleged that virtually all of the company's products were not properly tested for strength, durability and a host of technical specifications.
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BUSINESS
January 6, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Ben W. Prescott is a soft-spoken Alabama native who heads Fairchild Corp.'s fastener group, whose 3,000 employees make the key nuts and bolts that hold airplanes together. But his biggest challenge today may be holding together his employees' morale at Fairchild's Voi-Shan plant in Chatsworth. His workers have been skittish for the past two years while a scandal has rocked the company, which is one of the nation's largest suppliers of specialty fasteners.
BUSINESS
July 19, 1989 | RALPH VARTABEDIAN, Times Staff Writer
The Pentagon has partially lifted its contracting suspension against Culver City-based Voi-Shan, a unit of Fairchild Industries that produces aerospace rivets, nuts and bolts, the company said Tuesday. Voi-Shan was suspended on April 28 by the Defense Logistics Agency from receiving new contracts, the result of a federal criminal investigation into whether the company was faking tests. The Pentagon's action, which was taken Monday, lifts the suspension on Voi-Shan's facility in Redondo Beach.
BUSINESS
June 2, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
VSI Corp., which three weeks ago pleaded guilty to falsifying test results for aircraft nuts and bolts made at its Chatsworth plant, said the Pentagon has agreed to resume buying from the plant. The military's Defense Logistics Agency lifted a suspension, imposed a year ago, that banned the company's Voi-Shan plant from selling its products--called fasteners in the industry--directly to the government, VSI said. The plant was not idle, however.
BUSINESS
February 21, 1989 | GREGORY CROUCH and RALPH VARTABEDIAN, Times Staff Writers
Fairchild Industries is being sued for more than $200 million by three former employees who allege that the firm's Voi-Shan unit in Chatsworth falsified test results on nuts, bolts and rivets used in military and commercial aircraft, The Times has learned. The civil suit, which is under seal in U.S. District Court in Los Angeles, was the impetus for a separate criminal investigation of Voi-Shan that led two weeks ago to a 48-hour search of the company's Chatsworth facility by federal agents.
BUSINESS
January 6, 1991 | JAMES F. PELTZ, TIMES STAFF WRITER
Ben W. Prescott is a soft-spoken Alabama native who heads Fairchild Corp.'s fastener group, whose 3,000 employees make the key nuts and bolts that hold airplanes together. But his biggest challenge today may be holding together his employees' morale at Fairchild's Voi-Shan plant in Chatsworth. His workers have been skittish for the past two years while a scandal has rocked the company, which is one of the nation's largest suppliers of specialty fasteners.
BUSINESS
June 2, 1990 | JAMES F. PELTZ, TIMES STAFF WRITER
VSI Corp., which three weeks ago pleaded guilty to falsifying test results for aircraft nuts and bolts made at its Chatsworth plant, said the Pentagon has agreed to resume buying from the plant. The military's Defense Logistics Agency lifted a suspension, imposed a year ago, that banned the company's Voi-Shan plant from selling its products--called fasteners in the industry--directly to the government, VSI said. The plant was not idle, however.
BUSINESS
January 20, 1990 | RALPH VARTABEDIAN, TIMES STAFF WRITER
The Pentagon has begun a comprehensive audit of Voi-Shan, a Culver City producer of aerospace fasteners that is under federal criminal and civil investigation for incomplete and phony testing of its products. The audit may be the final leg of the federal probe that started in 1988 when two former Voi-Shan quality control inspectors alleged that virtually all of the company's products were not properly tested for strength, durability and a host of technical specifications.
BUSINESS
July 19, 1989 | RALPH VARTABEDIAN, Times Staff Writer
The Pentagon has partially lifted its contracting suspension against Culver City-based Voi-Shan, a unit of Fairchild Industries that produces aerospace rivets, nuts and bolts, the company said Tuesday. Voi-Shan was suspended on April 28 by the Defense Logistics Agency from receiving new contracts, the result of a federal criminal investigation into whether the company was faking tests. The Pentagon's action, which was taken Monday, lifts the suspension on Voi-Shan's facility in Redondo Beach.
BUSINESS
February 21, 1989 | GREGORY CROUCH and RALPH VARTABEDIAN, Times Staff Writers
Fairchild Industries is being sued for more than $200 million by three former employees who allege that the firm's Voi-Shan unit in Chatsworth falsified test results on nuts, bolts and rivets used in military and commercial aircraft, The Times has learned. The civil suit, which is under seal in U.S. District Court in Los Angeles, was the impetus for a separate criminal investigation of Voi-Shan that led two weeks ago to a 48-hour search of the company's Chatsworth facility by federal agents.
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