The Bizz — July 27, 2009

Forever 21 to take giant anchor position at Inland Center mall
Forever 21 will occupy a 94,011-square-foot anchor position at Inland Center in San Bernardino and will be the largest Forever 21 store in their department store portfolio, according to a news release. The store is scheduled to open in fall. The mall’s other anchors are Macy’s and Sears.

CVB Financial announces pricing of public stock offering
CVB Financial Corp., the parent company of Citizens Business Bank, has announced the pricing of an underwritten public offering of 19.7 million shares of its common stock at a price of $5.85 per share, for gross proceeds of approximately $115.2 million. According to a company news release, the net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses are expected to be about $109.5 million. The company expects to close the sale of common stock on or about July 27. Keefe, Bruyette & Woods and Sandler O’Neill and Partners L.P. are acting as joint book-running managers for the offering, according to the release. The company also has granted the underwriters a 30-day option to purchase up to an additional 2,955,000 shares of the company’s common stock to cover over-allotments, if any.

San Bernardino training facility to host ‘Green Technologies Forum’
The Applied Technology Training Center in San Bernardino will hold a Green Technologies Forum from 7:30 to 10 a.m. Aug. 7 at the center’s headquarters, 114 S. Del Rosa Drive.
The topic of the event will be “Green technologies in community revitalization,” and Assemblywoman Wilmer Amina Carter will be the keynote speaker. Also appearing as guest speakers are Les Hamasaki, executive director of Green Institute for Village Empowerment Inc., and E. Lewis Clark, president and CEO of Lewis and Clark Construction Inc. Information:

Networking group to discuss ‘green’ business opportunities
Wanetta Harrington will be the guest speaker at networking group First Fridays meeting at 6 p.m. Aug. 7 at the Jazz Cafe, 1133 W. Sixth St., Ontario. Harrington will be speaking on the topic, “Be a part of the Green Business Trillion Dollar Explosion.”  Cost: $10. Information: Mary Welch, (951) 809-8833.

Fontana community center contractor garners national award
Barnhart Inc., which is headquartered in San Diego and operates offices in Riverside, has received the “Public Works Project of the Year” award from the American Public Works Association for Fontana Park’s Jessie Turner Health and Fitness Community Center. Barnhart provided general contracting services for the $49 million project, which was completed in October. The Fontana Park Center also received an award in the Structures category.  Baxter Miller Landscape Architects Inc. was the lead design firm on the project. Barnhart Inc. staff working on the project included Chris Moseley, vice president; Larry Caprio, project manager; Gerry Droge, superintendent; and Trish Horton, field engineer.

Chino Commercial releases second quarter earnings report
Chino Commercial Bancorp, parent company of Chino Commercial Bank, recently announced earnings for the quarter ended June 30.  The company posted net earnings of $73,529, a 49.8 percent reduction from $146,405 for the same quarter of 2008, according to a news release. The bank’s profit year-to-date was up 2.6 percent to $192,798, as compared with net earnings of $187,876 for the same period last year.

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