Tag Archives: business

At least this week, Moreno Valley is about more than warehouse-distribution facilities. City officials announced Tuesday that an agreement had been reached that will bring an automotive manufacturing facility to the city. Fisker Automotive and Technology Group will lease a new 555,670-square-foot industrial building at 17100 Perris Blvd. in the …

May was a routine month at the Port of Los Angeles. Traffic was up only .8 percent compared with May 2014, as workers handled the equivalent of nearly 695,000 20-foot containers, the port industry’s standard measuring stick, according to data released Monday. That minor increase was due mostly to an …

Target has agreed to sell its pharmacy and clinic business to CVS Health. The country’s second-largest drug store chain will pay nearly $2 billion for both of Target’s in-store health operations, according to a statement released Monday by both companies. CVS Health is purchasing more than 1,660 pharmacies and an …

The mega-industrial project in Moreno Valley finally gets to the planning commission and it’s clear the project has strong support. Even the city’s planning staff believes it’s a good idea. Large industrial projects that have the potential to disrupt a community usually engender opposition, not support, from the public. Residents …

ALDI, the discount grocery store chain, will open an estimated 45 stores in Southern California starting in March of next year. The chain, which is developing a regional headquarters and 800,400-square-foot warehouse-distribution center in Moreno Valley, announced its expansion plans in a statement released Friday. The stores will be the …

After three years of often heated debate and discussion, a proposed mega-industrial project in Moreno Valley has reached its first public hearing. The city’s s planning commission heard five hours of testimony Thursday on the World Logistics Center, a warehouse-distribution facility that would cover 40.6 million square feet at buildout. …