November 2011 Archives
Stater Bros. Markets is collecting nonperishale food items in all of the grocery chain's 167 stores for its third annual "Harvesting Hope" charity campaign.
The company announced that it is also supporting the Salvation Army's Red Kettle holiday collections campaign and plans to contribute to the purchase of more than 5,700 turkeys to feed the needy on Thanksgiving.
Stater Bros. Markets is based in San Bernardino.
The company announced that it is also supporting the Salvation Army's Red Kettle holiday collections campaign and plans to contribute to the purchase of more than 5,700 turkeys to feed the needy on Thanksgiving.
Stater Bros. Markets is based in San Bernardino.
The San Bernardino Economic Development Agency's Office of Business Development plans to host a workshop to help business owners understand online communications tools and social media.
The Inland Empire Women's Business Center is on tap to co-host the workshop, which is scheduld to include discussions of social media platforms like Facebook and Twitter as well as the business applications of video chat and online voice chat.
The workshop is scheduled to take place from 4 to 8 p.m. Nov. 23 at the Office of Business Development, 201-B N. E Street, Suite 200, San Bernardino.
Information: 909-890-1242 or www.iewbc.org.
The Inland Empire Women's Business Center is on tap to co-host the workshop, which is scheduld to include discussions of social media platforms like Facebook and Twitter as well as the business applications of video chat and online voice chat.
The workshop is scheduled to take place from 4 to 8 p.m. Nov. 23 at the Office of Business Development, 201-B N. E Street, Suite 200, San Bernardino.
Information: 909-890-1242 or www.iewbc.org.
BRE Properties, Inc., a real estate investment trust, announced its sale of Windrush Village, a 366-unit apartment complex in Colton.
The investment trust also reported the sale of Galleria at Towngage, a 268-unit complex in Moreno Valley. The San Francisco-based BRE Properties reported the sales are part of a strategic move to divest from the eastern Inland Empire and focus on coastal markets.
BRE did not disclose the properties' new owners in its announcement. The Colton and Moreno Valley complexes sold for a gross sales price of $65.2 million.
The investment trust also reported the sale of Galleria at Towngage, a 268-unit complex in Moreno Valley. The San Francisco-based BRE Properties reported the sales are part of a strategic move to divest from the eastern Inland Empire and focus on coastal markets.
BRE did not disclose the properties' new owners in its announcement. The Colton and Moreno Valley complexes sold for a gross sales price of $65.2 million.
A&R Tarpaulins vice president Bud Weisbart and student employee Yukasa Shida, along with Garner Holt Productions founder Garner Holt, have been named to the Sigma Nu Tau Entrepreneurship Honor Society at Cal State San Bernardino.
A&R Tarpaulins, based in Fontana and founded in 1976, manufactures industrial fabrics for used for aerospace and other applications.
Garner Holt Productions is a San Bernardino-based company that manufactures animatronic characters.
Weisbart and Shida were named to the society during its charter meeting of the Cal State San Bernardino chapter of the honor society. Sigma Nu Tau is a national academic society formed to honor and promote entrepreneurship.
In addition to Weisbart, Shida and Holt, five Cal State San Bernardino MBA students and five campus undergraduates also earned membership in the honor society.
A&R Tarpaulins, based in Fontana and founded in 1976, manufactures industrial fabrics for used for aerospace and other applications.
Garner Holt Productions is a San Bernardino-based company that manufactures animatronic characters.
Weisbart and Shida were named to the society during its charter meeting of the Cal State San Bernardino chapter of the honor society. Sigma Nu Tau is a national academic society formed to honor and promote entrepreneurship.
In addition to Weisbart, Shida and Holt, five Cal State San Bernardino MBA students and five campus undergraduates also earned membership in the honor society.
Mining firm Molycorp reported record sales of $138.1 million for the quarter ending Sept. 30.
The reported sales levels were 39 percent higher than the company's reported earnings during the previous quarter.
Molycorp earned $8.5 million during the third quarter of 2010. The company did not revive mining operations at its Mountain Pass location until later in the year.
The company's mine at Mountain Pass, which is near the Nevada state line in San Bernardino County, is the only place in the United States where rare earths metals can be mined. Rare earths metals are a class of elements that have a variety of applications in high technology, but are rarely discovered in concentrations where they can be effectively mined.
Molycorp's net income attributable to stockholders reached $45.3 million during the third quarter, a 4 percent increase from the previous three-month period.
The company's corporate offices are in Greenwood Village, Colo.
The reported sales levels were 39 percent higher than the company's reported earnings during the previous quarter.
Molycorp earned $8.5 million during the third quarter of 2010. The company did not revive mining operations at its Mountain Pass location until later in the year.
The company's mine at Mountain Pass, which is near the Nevada state line in San Bernardino County, is the only place in the United States where rare earths metals can be mined. Rare earths metals are a class of elements that have a variety of applications in high technology, but are rarely discovered in concentrations where they can be effectively mined.
Molycorp's net income attributable to stockholders reached $45.3 million during the third quarter, a 4 percent increase from the previous three-month period.
The company's corporate offices are in Greenwood Village, Colo.
Accent Computer Solutions, Inc. and the San Bernardino Economic Development Agency's Office of Business Development plan to host a workshop on "cloud computing."
Cloud computing refers to the practice of companies or individuals storing data on a third-party's device, instead of on their own computers. Accent marketing manager Courtney Kaufman is scheduled to discuss the basics of cloud computing and various options offered by companies such as Google and Microsoft.
The seminar is scheduled to be held from 9 a.m. to 11 a.m. Thursday at the Office of Business Development, 201 N. E St. Suite 200, San Bernardino.
Information and registration: Call 909-963-5026 or email rsvp@sbbizresource.com.
Cloud computing refers to the practice of companies or individuals storing data on a third-party's device, instead of on their own computers. Accent marketing manager Courtney Kaufman is scheduled to discuss the basics of cloud computing and various options offered by companies such as Google and Microsoft.
The seminar is scheduled to be held from 9 a.m. to 11 a.m. Thursday at the Office of Business Development, 201 N. E St. Suite 200, San Bernardino.
Information and registration: Call 909-963-5026 or email rsvp@sbbizresource.com.
The U.S. Department of Transportation has announced the Los Angeles County Metropolitan Transit Authority and Omnitrans will receive a combined $2.2 million to improve communications services.
The Los Angeles County agency is set to receive $2 million to improve its 511 line, which travelers use to obtain traffic and travel conditions information.
Omnitrans, which operates bus lines in the San Bernardino and inland valleys, received about $227,000 to improve its 211 line, which callers use for social service referrals and to obtain other information.
The Los Angeles County agency is set to receive $2 million to improve its 511 line, which travelers use to obtain traffic and travel conditions information.
Omnitrans, which operates bus lines in the San Bernardino and inland valleys, received about $227,000 to improve its 211 line, which callers use for social service referrals and to obtain other information.
Security Bank of California announced Thursday that former UC Riverside athletic director Stan Morrison has joined the bank as senior vice president and sales development director.
Security Bank of California has branches in San Bernardino and Redlands. The company's headquarters are in Riverside.
Morrison also serves as president of Olive Crest's board of trustees. Olive Crest is a charity that provides foster homes and other assistance for abused and neglected children. His charitable activities also include Inland Empire Boy Scouts of America, Mary S. Roberts Pet Adoption Center and Father of the Year Committee for the American Diabetes Association.
Security Bank of California has branches in San Bernardino and Redlands. The company's headquarters are in Riverside.
Morrison also serves as president of Olive Crest's board of trustees. Olive Crest is a charity that provides foster homes and other assistance for abused and neglected children. His charitable activities also include Inland Empire Boy Scouts of America, Mary S. Roberts Pet Adoption Center and Father of the Year Committee for the American Diabetes Association.
Real estate firm Faris Lee Investments has brokered the $15.43 million sale of the Kohl's building at 233 S. Mountain Avenue in Upland.
The 76,712-square-foot building was built in 1978 and renovated in 2009. The property is part of the Mountain Green shopping center.
Faris Lee president Rich Walter and senior managing director Donald MacLellan represented the seller, a Lubert-Adler Management West partnership and the buyer, YFP Kohls Upland LLC. Both parties are based in Los Angeles.
Faris Lee Investments is based in Irvine.
The 76,712-square-foot building was built in 1978 and renovated in 2009. The property is part of the Mountain Green shopping center.
Faris Lee president Rich Walter and senior managing director Donald MacLellan represented the seller, a Lubert-Adler Management West partnership and the buyer, YFP Kohls Upland LLC. Both parties are based in Los Angeles.
Faris Lee Investments is based in Irvine.
Estrada Strategies, a business training firm headquartered in Ontario, has hired Judith Gargyi as the company's new CEO coach for the High Desert.
Gargyi lives in Apple Valley and is a former executive with Boys & Girls Club of Victor Valley. She has also worked as CEO of her own company, Judith Gargyi & Associates and adult education company with services including English lessons.
In her role with Estrada Strategies, Gargyi will be reponsible for training and coaching executives at small- and mid-sized businesses.
Gargyi lives in Apple Valley and is a former executive with Boys & Girls Club of Victor Valley. She has also worked as CEO of her own company, Judith Gargyi & Associates and adult education company with services including English lessons.
In her role with Estrada Strategies, Gargyi will be reponsible for training and coaching executives at small- and mid-sized businesses.
The Center for Entrepreneurship at Cal State San Bernardino held its annual Spirit of the Entrepreneur Awards dinner on Tuesday night.
The winners were as follows:
The winners were as follows:
- Lisa Ramsey, founder of Riverside-based Medi-Cal Consulting Services, won the Spirit award in the Consulting category.
- William Land III and Laura Land, who founded Riverside-based Accessory Export LLC to sell mobile phone accessories, won in Family Business category.
- John Gordon and Scott Whipple, owners of Norco-based Canidae All Natural Pet Food, won in the General Entrepreneur category.
- Walter Boyd and Eddie Boyd of San Bernardino-based MacroAir Technologies won in the Innovator category. MacroAir produces industrial cooling fans.
- Rodney Eaton and Elma Eaton, founders of Lake Elsinore-based California Cart Builder, won in the Manufacturing category.
- Mike and Kim Jones, founders of Rancho Cucamonga-based RehabAbilities Family of Cos., won in the Service-based category. RehabAbilities is a job placement company for rehabilitation therapists.
- Christina Grammer and Rebecca Grammer-Ybarra, founders of Rancho Cucamonga-based Suite 106 Cupcakery, won in the Small Enterprise Category.
- Barbara Wormser, founder of Redlands-based Inland Harvest, won in the Social category. Inland Harvest is a charity that delivers unused food products to the needy in San Bernardino and Riverside counties.
Rio Ranch Markets, a grover specializing foods employed in the preparation of Latino cuisine, has signed a 10-year lease at Southridge Plaza in Fontana, the brokerage invvolved in the deal announced.
Argent Retail Advisors founder Terry Bortnick represented the grocer and property owner, which is Mabela, LLC. The dollar value of the lease was not disclosed.
Southridge Plaza is in the 11600 block of Cherry Avenue, near Live Oak Avenue in Fontana. Rio Ranch is set to take up space previously occupied by a Ralph's store.
The new Rio Rancho store is scheduled to open in the second quarter of 2012. The grocery chain is headquartered in Riverside.
Argent Retail Advisors founder Terry Bortnick represented the grocer and property owner, which is Mabela, LLC. The dollar value of the lease was not disclosed.
Southridge Plaza is in the 11600 block of Cherry Avenue, near Live Oak Avenue in Fontana. Rio Ranch is set to take up space previously occupied by a Ralph's store.
The new Rio Rancho store is scheduled to open in the second quarter of 2012. The grocery chain is headquartered in Riverside.
A Last Call by Neiman Marcus outlet store is scheduled to open in May at Ontario Mills, the shopping center announced today.
The Last Call store is set to occupy a 21,000 square foot space at Ontario Mills, and shopping center management reports that its arrival will be a major aspect of the second phase of the mall's redevelopment.
The pending arrival of Last Call by Neiman Marcus will require an innovation of Ontario Mills' north-facing exterior, and mall managers also plan to renovate the existing Nordstrom Rack store.
Previous changes at Ontario Mills include the expansion of its Aeropostale, Burlington Coat Factory and Forever 21 stores, as well as upgraded restrooms and a new guest services center.
The Last Call store is set to occupy a 21,000 square foot space at Ontario Mills, and shopping center management reports that its arrival will be a major aspect of the second phase of the mall's redevelopment.
The pending arrival of Last Call by Neiman Marcus will require an innovation of Ontario Mills' north-facing exterior, and mall managers also plan to renovate the existing Nordstrom Rack store.
Previous changes at Ontario Mills include the expansion of its Aeropostale, Burlington Coat Factory and Forever 21 stores, as well as upgraded restrooms and a new guest services center.
Chino Commercial Bancorp, parent company of Chino Commercial Bank, announced a rights offering for current shareholders to acquire additional stock.
As of the scheduled record date, close of business Nov. 18, shareholders who choose to participate will be able to purchase three shares of common stock for each 10 shares already owned. Share prices have yet to be announced, "but will approximate the fair market value of the shares at the commencement of the offering as determined by the board of directors," the company announced.
Shareholders who exercise their subscription rights will also receive bonus shares equal to 5 percent of shares purchased through the rights offering. Shareholders may also be able to purchase additional shares, with bonus shares attached, subject to availability.
Subscription rights will be exercisable until 5 p.m. Pacific Time on Jan. 20, although the Chino Commercial Bancorp may extend the subscription period.
As of the scheduled record date, close of business Nov. 18, shareholders who choose to participate will be able to purchase three shares of common stock for each 10 shares already owned. Share prices have yet to be announced, "but will approximate the fair market value of the shares at the commencement of the offering as determined by the board of directors," the company announced.
Shareholders who exercise their subscription rights will also receive bonus shares equal to 5 percent of shares purchased through the rights offering. Shareholders may also be able to purchase additional shares, with bonus shares attached, subject to availability.
Subscription rights will be exercisable until 5 p.m. Pacific Time on Jan. 20, although the Chino Commercial Bancorp may extend the subscription period.
Moss Bros. Auto Group has begun its annual food drive at the Riverside-based company's nine dealerships.
The company's dealerships include Moss Bros. Chrysler Jeep Dodge in San Bernardino. Moss Bros. also operate several dealerships in Moreno Valley and Riverside.
Moss Bros. plans to deliver the food Nov. 22 to Second Harvest Food Bank, which aids the needy in San Bernardino and Riverside counties.
The company's dealerships include Moss Bros. Chrysler Jeep Dodge in San Bernardino. Moss Bros. also operate several dealerships in Moreno Valley and Riverside.
Moss Bros. plans to deliver the food Nov. 22 to Second Harvest Food Bank, which aids the needy in San Bernardino and Riverside counties.
American States Water Co., headquartered in San Dimas, on Monday announced a $15.6 million profit for the quarter that ended Sept. 30.
The company's profit figure compares with the nearly $6.7 million earned during the same three month period last year.
Through the first nine months of this year, American States reported $39.1 million in profit, compared with $24.1 million last year.
American States Water Co. is the parent company of Golden State Water Co., which delivers water to customers in places including Claremont, Pomona, Apple Valley and Barstow.
The company's profit figure compares with the nearly $6.7 million earned during the same three month period last year.
Through the first nine months of this year, American States reported $39.1 million in profit, compared with $24.1 million last year.
American States Water Co. is the parent company of Golden State Water Co., which delivers water to customers in places including Claremont, Pomona, Apple Valley and Barstow.
Family Dollar, a chain of discount stores, plans to open four Inland Empire stores this month.
The Charlotte, N.C.-based company has Nov. 17 scheduled as the opening date for stores in Ontario, Fontana, Rialto and Riverside.
Family Dollar plans to make the Ontario store its West Coast flagship and company executives are scheduled to appear at a grand opening event there on Nov. 17 and make a $5,000 donation to Second Harvest Food Bank.
The Ontario store is at 980 N. Mountain Plaza. The other stores are at 8933 Sierra Avenue, Fontana; 552 W. Foothill Blvd., Rialto and 5608 Van Buren Blvd., Riverside.
The Charlotte, N.C.-based company has Nov. 17 scheduled as the opening date for stores in Ontario, Fontana, Rialto and Riverside.
Family Dollar plans to make the Ontario store its West Coast flagship and company executives are scheduled to appear at a grand opening event there on Nov. 17 and make a $5,000 donation to Second Harvest Food Bank.
The Ontario store is at 980 N. Mountain Plaza. The other stores are at 8933 Sierra Avenue, Fontana; 552 W. Foothill Blvd., Rialto and 5608 Van Buren Blvd., Riverside.
Foremost Foods, International announced a voluntary recall of Pangasinan brand smoked seafood products because of potential botulism contamination.
All the products are expected to be off shelves by Monday, Foremost Foods compliance coordinator Joselito Reyes said.
No illnesses have been reported.
The recall applies to 6 ounce packages of Roundscad Smoked Galunggong and 6 ounce packages of Mackerel Smoked Hasa Hasa. Consumwers are advised not to use the products even if they do not look or smell bad.
The products were distributed in California, Nevada and Washington through Seafood City and Manila Seafood stores.
Botulism is a potentially deadly disease. Symptoms include general weakness, dizziness, double-vision and trouble with speaking or swallowing. Other symptoms are difficulty in breathing, weakness of other muscles, abdominal distension and constipation may also be common symptoms.
People experiencing these problems should seek immediate medical attention.
Information: 909-525-9500 Ext. 154
All the products are expected to be off shelves by Monday, Foremost Foods compliance coordinator Joselito Reyes said.
No illnesses have been reported.
The recall applies to 6 ounce packages of Roundscad Smoked Galunggong and 6 ounce packages of Mackerel Smoked Hasa Hasa. Consumwers are advised not to use the products even if they do not look or smell bad.
The products were distributed in California, Nevada and Washington through Seafood City and Manila Seafood stores.
Botulism is a potentially deadly disease. Symptoms include general weakness, dizziness, double-vision and trouble with speaking or swallowing. Other symptoms are difficulty in breathing, weakness of other muscles, abdominal distension and constipation may also be common symptoms.
People experiencing these problems should seek immediate medical attention.
Information: 909-525-9500 Ext. 154
Builder Lennar plans to hold a grand opening today fort its "Next Gen" home design at Rosena Ranch, a development north of Fontana near Glen Helen Regional Park.
Lennar describes a Next Gen house as a "home within a home." The houses, designed for two generations of a family to live in the same house, feature two entryways and kitchenettes and washing machines each house's secondary area.
Lennar's sales office is at 17868 Grand Fir Lane, San Bernardino.
Lennar describes a Next Gen house as a "home within a home." The houses, designed for two generations of a family to live in the same house, feature two entryways and kitchenettes and washing machines each house's secondary area.
Lennar's sales office is at 17868 Grand Fir Lane, San Bernardino.
Lewis Land Developers, part of the Upland-based Lewis Group of Cos. and Riverside-based builder Van Daele Homes on Thursday announced their purchase of a 10-acre site in Rancho Cucamonga.
The purchase price was not disclosed.
The companies plan to build and sell 33 single-family homes at the site, which is north of Base Line Road between between Etiwanda and East Avenues.
The planned homes' sizes will range from 2,700 to 3,500 square feet with asking prices in the mid-$400,000s to low $500,000s, Lewis group reported.
The companies expect the first of the 33 homes to be available for sale in mid 2012.
The purchase price was not disclosed.
The companies plan to build and sell 33 single-family homes at the site, which is north of Base Line Road between between Etiwanda and East Avenues.
The planned homes' sizes will range from 2,700 to 3,500 square feet with asking prices in the mid-$400,000s to low $500,000s, Lewis group reported.
The companies expect the first of the 33 homes to be available for sale in mid 2012.
The Pomona Chamber of Commerce's next networking luncheon is scheduled to take place Wednesday at Coco Palm Restaurant.
Admission will cost $15 for chamber members and $20 for others.
The luncheon is scheduled to begin at 11:30 a.m. Wednesday. Coco Palm Restaurant is at 1600 Fairplex Dr., Pomona.
Information: (909) 622-8484
Admission will cost $15 for chamber members and $20 for others.
The luncheon is scheduled to begin at 11:30 a.m. Wednesday. Coco Palm Restaurant is at 1600 Fairplex Dr., Pomona.
Information: (909) 622-8484
Dripp, which calls itself a "coffee boutique" is scheduled to open at Shoppes at Chino Hills on Nov. 15, the company announced.
Dripp is set to do business under the banner of Espresso Republic, which is also based in Chino Hills. The company also sells Turkish coffee under the brand Black Goat.
Shoppes at Chino Hills is at 13855 City Center Dr., Chino Hills.
Dripp is set to do business under the banner of Espresso Republic, which is also based in Chino Hills. The company also sells Turkish coffee under the brand Black Goat.
Shoppes at Chino Hills is at 13855 City Center Dr., Chino Hills.
Big Bear Mountain Resorts, which runs both Snow Summit and Bear Mountain ski resort, has announced new leadership for its marketing department.
Chris Riddle, formerly Big Bear Mountain's director of marketing, has been promoted to the position of vice president of marketing. Rio Tanbara will now serve as director of marketing.
The company also announced Clayton Shoemaker has been appointed to the position of director of youth marketing and park development.
Chris Riddle, formerly Big Bear Mountain's director of marketing, has been promoted to the position of vice president of marketing. Rio Tanbara will now serve as director of marketing.
The company also announced Clayton Shoemaker has been appointed to the position of director of youth marketing and park development.
>Small businesses seeking to offer products and services to government agencies and utilities are invited to attend the Inland Empire Procurement Expo.
The event's schedule also includes workshops on how small businesses can obtain financing and use social media to promote their companies.
The procurement expo is scheduled to take place from 8 a.m. to 12:30 p.m. Nov. 15 at Inland Empire Regional Center, 1365 S. Waterman Ave., San Bernardino.
Information: Call Sheila Futch at the offices of Assemblywoman Wilmer Amina Carter at 909-820-5008.
The event's schedule also includes workshops on how small businesses can obtain financing and use social media to promote their companies.
The procurement expo is scheduled to take place from 8 a.m. to 12:30 p.m. Nov. 15 at Inland Empire Regional Center, 1365 S. Waterman Ave., San Bernardino.
Information: Call Sheila Futch at the offices of Assemblywoman Wilmer Amina Carter at 909-820-5008.
Altura Credit Union reported a $3.37 million profit for the quarter ending Sept. 30.
The amount signifies an increase of about $200,000 from the year's previous quarter and a significant improvement from the Riverside-based credit union's condition of one year prior.
After the third quarter of 2010, Altura Credit Union reported a $1.5 million loss.
Improved financial conditions have also made it possible for Altura to reduce its loan loss provisions.
"The local unemployment rate has begun to drop. Home foreclosures are down, although we are seeing more 'short sales'," Altura CEO Mark Hawkins said in a statement. "People are adjusting to the new economic reality and are focusing on paying down debt. As a result, consumer loan activity remains sluggish. This is an ongoing challenge for all financial institutions, and we are no exception," he added. "Yet, there is a lot to be positive about right now."
Altura's reported capital ratio is 6.89 percent, which the government considers to be adequately capitalized.
The amount signifies an increase of about $200,000 from the year's previous quarter and a significant improvement from the Riverside-based credit union's condition of one year prior.
After the third quarter of 2010, Altura Credit Union reported a $1.5 million loss.
Improved financial conditions have also made it possible for Altura to reduce its loan loss provisions.
"The local unemployment rate has begun to drop. Home foreclosures are down, although we are seeing more 'short sales'," Altura CEO Mark Hawkins said in a statement. "People are adjusting to the new economic reality and are focusing on paying down debt. As a result, consumer loan activity remains sluggish. This is an ongoing challenge for all financial institutions, and we are no exception," he added. "Yet, there is a lot to be positive about right now."
Altura's reported capital ratio is 6.89 percent, which the government considers to be adequately capitalized.
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