
Business


On Business & Life: Lessons from United’s debacle at O’Hare
Companies that have good strategies and know how to execute them will beat companies that have great strategies that they can’t pull off. At many large firms, the sheer scale

Not frozen in time: Old Town Newhall Ice. Co. meets SCV’s icy needs
There’s more to ice than meets the tumbler or chainsaw or sledding hill. It comes cubed, crushed, dry (solid carbon dioxide), carved into almost any shape you can imagine, and

Gateway Village retail center sells for $69.5 million
A Newport Beach investment group has purchased Gateway Village, a neighborhood shopping center at the intersection of Newhall Ranch and Rye Canyon roads, for $69.5 million in an off-market transaction.

In $700M deal, PacWest is buying parent of California United Bank
In a union of two Los Angeles-based regional banks, PacWest Bancorp is buying CU Bancorp, corporate parent of California United Bank. California United, which has a regional office on Magic


City gets North American recognition for businesses
Santa Clarita is expected to be taking care of business in the coming years, as Financial Times Magazine ranked the city as fourth on their list of Small American Cities

Newhall Land parent FivePoint files for initial public offering
The privately-held owners of Newhall Land, the developers of Valencia who hope to build another planned community of equal scope at Newhall Ranch, are going public. On Friday, Five Point

Mission Valley Bank named a top performer by rating firm
Mission Valley Bank today was named one of California’s 2016 “super premier performing banks” by Findley Reports. Each year since 1965, Findley Reports, a financial reporting and consulting firm based

Filming this week for April 10-16, 2017
Film and TV productions bring revenue and jobs to the Santa Clarita Valley. On any given day, you might encounter a film crew. These productions are filming around Santa Clarita

14 timely and timeless lessons from the first quarter of 2017
Editor’s note: Today marks the debut of “Ken Keller: On Business & Life,” successor to “Brainfood for Business Owners.” Over the years, many readers have told Ken about sharing columns

Valencia store among 378 PayLess will close as part of bankruptcy
PayLess ShoeSource filed for bankruptcy Tuesday, and will immediately close nearly 400 of its 4,400 retail stores, including one in Westfield Valencia Town Center. The Topeka, Kan.-based chain’s other two

Big Oaks Lodge, treasure trove of local history, is for sale
Take a 13-mile drive from Santa Clarita City Hall, mostly on winding Bouquet Canyon Road, and you get to Big Oaks Lodge. It’s the site of more than a century

Filming in Santa Clarita this week
Film and TV productions bring revenue and jobs to the Santa Clarita Valley. You might run into a film crew any day. Here are some productions filming around town the

SCV Business Journal, April 2017

Boston Scientific renews lease in renamed industrial park
Boston Scientific last month signed a ten-year lease renewal for 342,000 square feet of space in the newly rebranded Southern California Innovation Park, formerly Mann Biomedical Park. The company’s Valencia

Mechanix Wear’s Rolfes Set to delve into Asia, Pacific Rim markets
Mark Rolfes, the new director of global sales for Mechanix Wear Inc. is spending his first weeks on the job studying the company’s layout, and his goal after coming aboard

Post-production firm Digital Jungle moves to SCV
Digital Jungle, a post-production company that works with motion picture, television and online producers, is in the midst of moving it operations to new headquarters on Constellation Rd. in Santa

Knowledge Exchange: Tania Mulry of DDx (Digital Detox) and Vitaliy G. of Gem Digital Agency
What does digital marketing actually mean in 2017? Who’s doing it well and who’s behind the curve, locally and beyond? Why isn’t search engine optimization enough anymore? In this month’s

Selling your business? These nine factors will drive the price
In his best-selling 1986 book, “The E-Myth,” Michael E. Gerber reminds readers that the ultimate purpose of starting or creating a business is to be able to sell it for