A groundbreaking ceremony was held yesterday on a 1.5-million-square-foot logistics facility in Rancho Cucamonga. Goodman Birtcher, the North American subsidiary of Goodman Group, the largest industrial property development company in Australia, is developing the two-building project. The first structure, which will cover 555,000 square feet, is expected to be finished …
Read More »New Stater Bros. stores
Stater Bros. has announced plans to build two stores, including one in the Inland Empire. The San Bernardino-based supermarket chain will build a 44,000-square-foot store in Menifee at Newport and Menifee roads, its third location in that city, according to a company statement. That store is scheduled to open late …
Read More »VA scandal – who’s to blame?
VA Secretary Eric Shinseki submitted his resignation Friday morning, but I’m not sure he should be held fully accountable for the scandal involving deaths of dozens of veterans who were waiting to receive health care. I interviewed two veterans on Friday, Nick Cowan, 36, who also happens to be one …
Read More »Summer retail numbers start strong
The summer shopping season is off to a solid start. National retail sales were up 3.1 percent year-over-year for the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Sales were up 2.9 percent compared with the previous week, …
Read More »Local manufacturing looks solid
Inland Empire manufacturing turned in another solid month in May. The region’s purchasing managers index was 57.7, well above the 50 benchmark that determines an expanding manufacturing sector, according to the monthly report on business released yesterday by the Institute of Applied Research and Policy Analysis at Cal State San …
Read More »County, cities look to feds for housing funds
Riverside County and five of its cities are trying to get extra money from the federal government that will help pay for affordable housing. Temecula, Palm Springs, Lake Elsinore, Indio and Palm Desert and the county’s Economic Development Agency are trying to get an additional $1 million from the HOME …
Read More »