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Business Press articles

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Publication covers various industry developments and profiles of newsmakers of Southern California’s economy.

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Banks expand in Inland cities.

Oct 01, 2007 ... Byline: Jamahl Peters Oct. 1--Two financial institutions are strengthening their presence in the Inland Empire. Santa Ana-based American Bancshares Inc., the holding company for American Security Bank, opened a full-service banking office in Corona at 2162 Compton ...

Here's a scoop: Pet business is really picking up.

Oct 01, 2007 ... Oct. 1--The old adage rings true; it's a dirty job and somebody has to do it. For Gina Osborne, co-owner of a Pet Butler franchise, that somebody is her husband, Joel. The Wildomar residents purchased the pet waste cleanup and removal franchise in August and from the ...

Bulletproof troops?

Oct 01, 2007 ... Byline: Darla Martin Tucker Oct. 1--The .357 magnum revolver roared. The bullet thudded into the square foot of polymer-coated target two feet away. Numerous other bullet holes from the revolver and an SKS semi-automatic rifle pocked the two-inch-thick, nine-pound ...

Lucas Oil to stay in Corona.

Oct 01, 2007 ... Byline: Darla Martin Tucker Oct. 1--A Corona motor oil company has decided to remain in town rather than move its headquarters to Indiana. "It doesn't look like it's in the plans right now," said Robert E. Patison, executive vice president for Lucas Oil Products Inc ....

Rockefeller to build offices in Rancho.

Oct 01, 2007 ... Byline: Joseph Ascenzi Oct. 1--A New York commercial real estate developer will build one of the largest for-sale office projects ever undertaken in the Inland region, a 20-building development that collectively will cover nearly 240,000 square feet. Rockefeller ...

Condos, townhomes find new favor.

Oct 01, 2007 ... Byline: Joseph Ascenzi Oct. 1--Faced with high development fees, the subprime mortgage crisis and a slump in single-family home sales, local home builders say they expect to build more multifamily projects in the Inland region during the next three to five years. ...

Supplier stung by patent ruling.

Sep 24, 2007 ... Byline: Darla Martin Tucker Sep. 24--An Ontario maker of infusion therapy products plans to appeal an unfavorable patent ruling issued Sept. 14 in a Los Angeles federal court. Medegen Medical Manufacturing Services Inc., a subsidiary of Medegen Holdings LLC in ...

Hospitals want doctors' advice.

Sep 24, 2007 ... Byline: Darla Martin Tucker Sep. 24--After severing ties with several manufacturers, Loma Linda University Medical Center saves about $1 million a year on pacemakers and other costly cardiac implants. The hospital requested two years ago that leading physicians in its ...

Wire maker combines plants.

Sep 24, 2007 ... Byline: Jahmal Peters Sep. 24--A British Columbia trust will consolidate operations of two U.S. facilities, including one in Corona. Tree Island Wire Income Fund in Vancouver, British Columbia, Canada announced it will close the Corona manufacturing facility by the ...

Solar incentives are taking hold.

Sep 24, 2007 ... Byline: Jamahl Peters Sep. 24--The future of solar panels for businesses in the Inland Empire looks as bright as the sun that will charge them. With incentives and rebates in place and more in the works, business owners are finding the transition to sustainable energy ...

Charter firm buys used Lear jet.

Sep 24, 2007 ... Byline: Joseph Ascenzi Sep. 24--An aircraft charter company in Ontario has added a Learjet to its fleet. Allegro Air Charters, which already operates three Cessna Citation II jets, has purchased a Bombardier Learjet LR-55, said Tom Bressan, chief executive officer. ...

She has a success for blueprints.

Sep 24, 2007 ... Byline: Joseph Ascenzi Sep. 24--Leanora Gonzales wants to make engineers, contractors and architects better organized. Gonzales, 44, has developed Blueprint Strap Wrap, a leather device equipped with velcro that wraps around a sheaf of blueprints. Gonzales ...

Mexican truckers ignite debate.

Sep 17, 2007 ... Byline: Jamahl Peters Sep. 17--On Sept. 11, two trucks collided in northern Mexico, killing at least 34 people and injuring some 150. The wreckage caught fire shortly after a crowd arrived when ammonium nitrate being transported by one truck exploded, leaving a ...

Water crisis roils court battle.

Sep 17, 2007 ... Byline: Jamahl Peters Sep. 17--As water resources tighten in Southern California, a Los Angeles based-land and development company is trying to force Metropolitan Water District into an agreement that would uncork San Bernardino County groundwater to slake the thirsts, water the ...

Imagers move into region.

Sep 17, 2007 ... Byline: Darla Martin Tucker Sep. 17--RadNet Inc., a rapidly growing Los Angeles-based imaging company with centers nationwide, has acquired three imaging businesses owned by Valley Imaging Center Inc. RadNet acquired the centers for $3.3 million and will assume $1.2 ...

Housing slump hurts furniture stores.

Sep 17, 2007 ... Byline: Joseph Ascenzi Sep. 17--Mike McConnell doesn't build or sell houses, but he's feeling a financial crunch from the Inland Empire's housing slowdown just the same. McConnell has owned and operated The Furniture Connection in Alta Loma, which sells medium-range ...

Newsletter moves beyond Victor Valley.

Sep 17, 2007 ... Sep. 17--A popular newsletter that tracks real estate, economic and political trends in the High Desert will be published throughout the Western United States once a year by a major real estate publication firm. The Bradco High Desert Report, published by The Bradco Cos. in ...

Angel harps on good management.

Sep 17, 2007 ... Byline: Darla Martin Tucker Sep. 17--Identify the right market, keep ahead of competitors and focus on two or three realistic goals at a time, Los Angeles investment consultant Michael Napoli advises entrepreneurs. Most importantly, put a strong, flexible management ...

Wireless network trouble in the air.

Sep 10, 2007 ... Byline: Darla Martin Tucker Sep. 10--Since refusing a deal with Mountain View municipal broadband provider MetroFi Inc., Corona is pondering other ways to provide free, wireless Internet access throughout the city. "As things have changed, we've had to re-evaluate," ...

To beat the heat, water carriers go for sign-spinners sweltering on corners.

Sep 10, 2007 ... Sep. 10--As Inland Empire temperatures topped 100 degrees, workers toiling under the blazing sun included many so-called "human directionals." The sign-twirling individuals are positioned in static, often sunny, locations endure the heat to direct traffic to client locations. ...