The Los Angeles Business Journal Digital Edition
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2-Page Spread Single Page View Thumbnails | LABJ User Guide | Front Page | Table of Contents Previous Page Zoom In Zoom Out Next Page labusinessjournal.com LOS ANGELES BUSINESS JOURNALL TM DIGITAL EDITION THE COMMUNITY OF BUSINESS www.labusinessjournal.com/digital WELCOME TO THE LOS ANGELES BUSINESS JOURNAL DIGITAL EDITION To read your copy of the Digital Edition INSTRUCTION Please select a reading preference FOR PC/MAC How to read LABJ Digital Edition on iPad in iBooks: 1 TAP CENTER 2 TAP ‘OPEN WITH’ 3 TAP ‘iBOOKS’ Wait for gray bar with Wait for scroll down menu menu buttons to appear on and tap the iBooks icon. top of the PDF. Wait for PDF to load in iBOOKS. 2-Page Spread Single Page View Thumbnails | LABJ User Guide | Front Page | Table of Contents Previous Page Zoom In Zoom Out Next Page labusinessjournal.com LOS ANGELES BUSINESS JOURNAL Volume 33, Number 34 THE COMMUNITY OF BUSINESSTM August 22 - 28, 2011 • $3.00 Up Rainwater Rules to Soak L.A. Businesses? said Strelitz, president of California Metal-X Inc. Front REGULATION: State proposal “Even the rainwater falling from the sky would not brings forecast of steep fee hikes. meet the standards they are setting.” He is one of hundreds of industrial company own- By HOWARD FINE Staff Reporter ers, developers and construction contractors in Los Angeles County, and thousands statewide, who are Tim Strelitz has spent tens of thousands of dol- fighting proposed state regulations on water runoff. lars over the past decade to prevent rainwater from They say the rules are too costly and could force some carrying toxic chemicals at his South L.A. metals companies to move out of California. plant off site to storm drains and the ocean. “Storm water fees will rise in all categories, But if new state water runoff regulations take putting more economic pressure on businesses strug- effect, Strelitz said he may be forced to spend hun- gling to recover from years of recession,” said Valerie How Raul Ojeda dreds of thousands of dollars more – if not millions Nera, environmental lobbyist for the California went from shining – to install a water filtration system. RINGO H.W. CHIU/LABJ shoes to making “There’s just no way we can afford to meet this,” Please see REGULATION page 32 Heavy Toll?: Tim Strelitz at South L.A. metals plant. them for $2,400 a pair. PAGE 3 Video Terminal Revival Games Brings Life to LAX Airing It Out TRANSPORTATION: Airlines’ fight for Bradley space lifts airport. By HEEJIN PARK Staff Reporter After years of decline, Los Angeles International Airport is once again ascendant. And at least part of the credit can be given to the Why Sean Spec- massive renovation of the Tom Bradley International tor is hitting the Terminal – even though it’s not complete. reset button on LAX is on its way to a projected 8 percent or 9 percent rise in passenger traffic this year, which would far outpace his game com- the national average, and comes as new carriers have PAGE 6 pany. arrived at the airport and existing ones added flights. Foreign tourists taking advantage of the cheap dol- lar is one reason traffic is up, but analysts say there is Marketing more at play: specifically, carriers jockeying for space to keep other airlines from grabbing more gates at the renovated terminal. Please see TRANSPORTATION page 33 L.A.’s Pricey Jeans Shari Boyer made a business In a Tight Squeeze of getting companies to APPAREL: Department stores support parks. tighten belt on denim makers. PAGE 10 By ALEXA HYLAND Staff Reporter Big Lift: Rendering of Aeros’ huge airship transporting blades to a wind farm. You might think you’ve gone back to 2007 if you MAIL TO: Blimp maker brings in execs to talk up craft in D.C. look at the price tag on True Religion Apparel Inc.’s newest pair of jeans called Phantom. The cost: $396. By JAMES RUFUS KOREN Staff Reporter Aeros last month appointed three defense The Vernon maker of premium denim now plans industry heavyweights – including a former secre- to carry a larger selection of similarly expensive styles T’S not only what you know, it’s who you tary of the Air Force – to a new advisory board. at its own retail stores – despite the shaky economy. know. Especially when trying to win big gov- The company had already enlisted the help of But recession-battered department stores are resist- Iernment contracts. Anthony Tether, who directed the Pentagon’s ing. Jeff Lubell, chairman and chief executive at True And the new members appointed by Monte- Defense Advanced Research Projects Agency, Religion, said it has been a challenge convincing the bello blimp maker Aeros to its advisory board which developed the Internet and stealth technol- stores to carry higher-price jeans. Some still want to know plenty of people in Washington. Those ogy, and is working on a flying car. sell premium denim closer to the $150 price point that people in D.C. may want to help the company The new board could help secure the Penta- became the benchmark during the recession years. develop what it sees as the next-generation bat- gon as a customer for the Aeroscraft, or at least “That’s their game plan and mine is much different tlefield and commercial cargo carrier: a massive, than theirs,” said Lubell, whose jeans sell at such futuristic airship called the Aeroscraft. Please see AVIATION page 31 Please see APPAREL page 32 Awards Luncheon CFO Wednesday, September 7, 2011 REGISTER TODAY of the Year 11:00am – 1:30pm Visit www.labusinessjournal.com/bizevents Awards Millennium Biltmore Hotel or contact [email protected] 2-Page Spread Single Page View Thumbnails | LABJ User Guide | Front Page | Table of Contents Previous Page Zoom In Zoom Out Next Page 2 LOS ANGELES BUSINESS JOURNAL AUGUST 22, 2011 LOS ANGELES BUSINESS JOURNAL ® AUGUST 22 - 28, 2011 VOLUME 33, NUMBER 34 FREEanywhere DELIVERY in Downtown LA! ” We work for your play.” RINGO H.W. CHIU/LABJ Page 8: From left, Mark Feldstein and Brad Roth at Miracle Mile’s Stun Creative. ADVERTISING – Stun Creative hopes to ON THE COVER (213)TICKETS channel its TV promo business into print (842-5387) REGULATION – Some local businesses fear work and show development. .8 being drained by new state rules on rainwater MARKETING – Good Solutions Group’s runoff. business-branded campaigns have raised AVIATION – Blimp maker Aeros has signed funds for state parks and beaches. .10 Columns & features 12 up some defense industry veterans to lift the – Media Watch , Advertising & PR 12, Trade & Transport 14, prospects for its massive airship. Banking & Finance 14, News of the Week 15 APPAREL – Some department stores see L.A. denim makers’ very premium prices as AL BROOKS TICKETS a poor fit. THE LIST TRANSPORTATION – Renovations at THEATRE • CONCERTS • SPORTS RANKING – The 25 largest auto dealerships LAX’s Bradley terminal have allowed airport 900 Wilshire Boulevard, Los Angeles, California 90017 in Los Angeles County, ranked by 2010 www.albrooks.com passenger traffic to take off. revenue. .16 UP FRONT INVESTMENTS & FINANCE RETAIL – Raul Ojeda stepped up his game by Columns & features – LABJ Stock Index going from shining shoes to crafting $2,400 24, Econowatch 26 pairs. .3 ONLINE – SendLove.to adds “heart” and REAL ESTATE “frowny face” icons to websites to let visitors click off on public figures. .3 Columns & features – Real Estate ADVERTISING – Director Alex Rydell Column 26 hopes to roll his contest-winning videos into a Hollywood career. .3 L.A. BIZ SEEN Columns & features – Page 3, Regional CELEBRATIONS – Photos from L.A. Report 4 business community events. .34 NEWS & ANALYSIS COMMENTARY INTERNET – Break Media tunes in TV COMMENT – Charles Crumpley finds Mayor producer Reveille to upgrade its online Antonio Villaraigosa’s proposal to scrap Prop videos. .5 13 for businesses just too taxing. .36 INVESTMENT – Some L.A. businesses are DEVELOPMENT – Renata Simril and using the market’s recent fall to literally take Arturo Sneider praise the city of L.A.’s stock of the companies. .5 blueprint to ease the planning process. .37 VIDEO GAMES – Rent-through-the-mail POLITICS – David W. Fleming and Lee service GameFly hopes to connect with more Kanon Alpert make a mayoral case for revenue by offering online downloads. .6 “unpolitician” Austin Beutner. .37 REAL ESTATE – Two motions by the EDUCATION – Investing in early education defense team could extend the trial for con- will pay off long term for the business victed Brentwood investor Ezri Namvar. .6 community, according to Celia C. Ayala AUTOMOTIVE – Electric-car maker Coda and Bob Zukis. .38 has made inroads overseas in a deal with Columns & features – LABJ Forum 36, China’s Great Wall Motor Co. .6 Letters 38 Los Angeles Business Journal (ISSN 0194-2603) is published weekly. © 2011, Los Angeles Business Journal. Offices are located at 5700 Wilshire Blvd., Suite 170, Los Angeles, CA 90036. Periodicals postage paid at Los Angeles, CA and additional offices (USPS #492-930). Subscription prices: 51 issues and special issue, $99.95. For new and renewal subscriptions, call 1-800-404-5225. All other inquiries (323) 549-5225. Single copies, $3.00. Mailed copies, $5.00. Back issues, $8.00. Address and subscription inquiries to: Circulation Department, Los Angeles Business Jour- nal, 5700 Wilshire Blvd. Suite 170, Los Angeles, CA 90036. This newspaper is designed to inform decision-making executives, investors and man- agers on the trends, the growth and the ideas important to commerce and industry in Los Angeles County. 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