The family-owned Taylor’s appliance store, 76, has been bought by Howard in La Habra.
The terms of the acquisition were not disclosed by either company. Taylor, founded in 1945 by Harold Taylor Sr., would be rebranded as Howard. (Howard, by the way, was launched in 1946.)
“When considering an acquisition it was important to us that the new company’s values align with ours, with a similar commitment to the customer and community,” said Scott Taylor, Harold’s grandson and president and CEO of Taylor’s Appliances. said in.
Howard’s representatives said the company will begin operations at the new Riverside location in January.
Ontario Apartment $28M . sell in
According to CBRE, a 75-unit apartment complex in Ontario has been sold to an undisclosed foreign investor for $2.8 million.
The four-story Hallmark on Mission property was completed in 2019 and includes one- and two-bedroom apartments. According to Apartments.com, rents range from $1,950 to $2,395 monthly.
Amenities include a swimming pool and spa, clubhouse, fitness center, and attached garage.
“This property has performed extremely well during the pandemic and is poised for future rent increases,” said Eric, the chain, which brokered the sale with CBRE for both buyer and seller. “It was a full-cash transaction from a foreign buyer who wanted to keep the capital as a long-term and generational investment.”
The vendor was not identified by CBRE.
Flour maker needed in Ontario
Domino’s Pizza wants to add some flour… to your wallet.
The company’s supply chain center in Ontario is in need of workers this holiday season. The facility is recruiting positions in Production, Warehouse, Class A and B CDL Drivers, Maintenance and Administration.
The team at Domino’s dough warehouse produces pizza dough, toppings, and ingredients for Domino’s stores throughout Southern California.
“Our CDL drivers are making very competitive wages and our warehouse and production workers also receive excellent benefits and wages,” said Travis Wright, director of the Domino’s Supply Chain Center for Regions.
Those willing to apply can visit Jobs.dominos.com.
$3M for airport upgrades
Infrastructure upgrades are coming for San Bernardino International Airport, boosted by a $3 million federal grant for the Inland Valley Development Agency.
The money will pay for upgrades to the airport’s transportation and supply chain system, ultimately increasing its commercial cargo capacity.
Mike Burroughs, CEO of Inland Valley, said, “This project will complete a critical infrastructure lifeline for our airport at a critical time in our California economy, enhance security and ensure continued support of our supply chain and the flying public.” An incredible opportunity to do so.” development agency and San Bernardino International Airport said in a statement. money was
A US Economic Development Administration grant was provided to IVDA with the help of Representative Pete Aguilar.
Cold storage unit in Colton $7.5M . sells in
A 45,000-square-foot cold-storage facility in Colton has been sold to Integreon Global for $7.5 million.
1750 N 8th St. The U.S. building will be used by Cryopac, a division of Integreon that designs and manufactures cold packaging and refrigerants for pharmaceutical, biotech and life science shipments.
Avison Young Principal Cody Lerner represented the buyer. The seller, Modu Food Factory, was represented by David Hong and Alan Lee Kwon of Urban Real Estate.
“This property was perfect for our client. It’s nearly impossible to fully fabricate cold storage properties, said Lerner, and with the cost and time in buildout, our client seizes this opportunity.
Built in 1984 on 4.28 acres, the facility houses a food processing plant with cold storage.
Scholarship Program Open
The Cardenas Markets Foundation has opened a $177,000 scholarship program for students in the areas where its supermarkets operate.
Pansari will distribute 59 scholarships worth $3,000 for the 2022 academic year, an increase of $1,000 from the 2021 academic year.
Recipients will be selected based on academic merit, financial need, leadership skills and commitment to serving the community.
Students can apply at cardenasmarkets.com/scholarships.
Dermody Properties has donated $5,000 to Feeding America of Riverside and San Bernardino, a non-profit that provides hunger relief services and emergency food assistance to the Inland Empire.
The money was raised through the firm’s annual Thanksgiving capstone award.
Kathleen Briscoe, Partner and Chief Capital Officer at Dermody Properties, said, “There are over 800,000 people living below the poverty line in the Inland Empire, and at Dermody Properties, we want to do everything we can to help reduce this number. Huh.” , “We feel incredibly fortunate to be able to support extraordinary organizations like Feeding America so that it can help more people and families facing hardship.”
Riverside grad makes Forbes list
Charlotte Smith, a Riverside resident and graduate of Riverside Pauly High School and Harvard University, made this year’s Forbes 30 Under 30 list for her work in media relations at Google. Smith, a 29-year-old policy communications manager for Google, has been included on this year’s list for shaping Google’s 2020 election integrity policies and advocating for communicators of color within the company.
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