CALABASAS, Calif. - National Technical Systems, Inc. (Nasdaq: NTSC) (NTS) announced today that it has been unable to sell its 118-acre parcel in Santa Clarita, Calif., on terms acceptable to the company. The parcel has been listed for sale since August 2007.
"Despite vigorous efforts to sell the parcel to a developer, the continuing deterioration of the commercial real estate market has significantly impacted interest in undeveloped Santa Clarita property," NTS Chairman Dr. Jack Lin said in a statement.
Its ships carry 1.3 million passengers a week to destinations on all seven continents.
ADPROS to hold monthly meeting Friday
Tropical Smoothie Cafe in Valencia will join other Tropical Smoothies to welcome the start of the summer with the second annual National Flip Flop Day celebration.
VP of Princess to speak at VIA luncheon
"Be Cool to My School," a monthlong Santa Clarita Valley Auto Dealers Association contest, netted three local schools $1,000 each in cash and prizes.
With the cost of living continuing to rise, Ally Loprete and Kelly Shand want to make sure the money paid to a business goes into the right pocket.
Construction contract program holds orientation
The Hispanic Business Committee of the Santa Clarita Valley Chamber of Commerce held the fifth Annual Excelencia Award Ceremony to honor the Hispanic business community of Santa Clarita Valley and present 10 local high school students with college scholarships.
Hedman & Associates, CPAs has completed a peer review of its accounting and auditing practice.
California United Bank has hired two new relationship managers, Greg Wells and Greg Spencer, to its Santa Clarita Regional Office.
Wells, a business graduate of The Master's College has been in the banking business for 10 years, formerly working as a vice president and commercial banking manager at another Santa Clarita Valley bank.
The Be Cool to My School Test-Drive Rally is in its final week, giving local residents a final chance to take part in the fundraiser for local schools.
The campaign, sponsored by the Santa Clarita Valley Auto Dealers Association, was designed to give elementary, junior high and senior high schools a financial boost from the nonprofit association.
Decades ago, Don Cruikshank was approached by Mike Redmond about an idea for a business that circled around renting equipment.
"We kind of looked at it, and it was viable and we were young," Cruikshank said.
Sales of existing single-family homes in the Santa Clarita Valley hit their highest level in months as nearly 200 homes sold in April, the Southland Regional Association of Realtors reported Thursday.
Hugh Waddell has been promoted to the position of senior vice president/chief credit officer at Santa Clara Valley Bank.
Irish pub and restaurant, Mulligans in Santa Clarita is up for sale.
Continuous, purposeful thinking in an organization can make the difference between an organization that is proactively producing a better product or service, and a company that is reactive and even possibly mediocre.
Hobby Lobby, the family-owned craft store chain and recently part of a controversial Supreme Court ruling, is opening a store on Santa Clarita at the Bouquet Shopping Center.
It was a bittersweet moment when Santa Clarita contractor Kevin Schlumpberger began pulling the sign letters off the face of the Newhall building that for more than three decades housed the iconic ski and surf shop, Billy's Boardshop.
Since 2007, more than 400 local businesses have been able to claim the "Hiring Tax Credit" benefit on more than 6,500 jobs generating a potential $243 Million in tax savings for businesses in the Santa Clarita Valley.
Sunkist Growers, the 120-year old grower-owned citrus marketing cooperative, announced Tuesday that it is now planning its move into the Valencia office building from Sherman Oaks in September.
Mission Valley Bank reported a net income of $610,000 for the year to date, in the release of its second quarter earnings on Tuesday.
Hall & Foreman Inc. of Tustin, with an office in Santa Clarita, is merging with David Evans and Associates Inc.
The Outlets at Tejon Ranch will open to the public on Thursday, after a VIP party tonight for 4,000 lucky ticket holders.
Taking an active leadership role on a regional level, the Santa Clarita Valley Economic Development Corporation invited the Harvard Business School to give one of the first demonstrations in California of its new 'industry cluster' mapping data tool.
Over the past year, eager fans of Porto's Bakery & Café have spread rumors that the family-owned Glendale eatery is opening at every spot in which a restaurant operation closes in Santa Clarita.
A real estate investment trust announced Tuesday that it has acquired an industrial park on Avenue Kearny in Santa Clarita for $11.5 million.
A Town Center Drive bookstore has moved and changed its name to The Open Book, said the owner of the retail store.
Santa Clara Valley Bank released its second quarter results Monday, reporting a net loss of $2,000 for the period.
There are three things we know for certain - death, taxes and that residents want an independent movie theater to open in the Santa Clarita Valley.