Times Staff and Wire Reports

Packard Bell to Remain in State: Packard Bell Electronics Inc. said it has signed a lease to convert the closed Army depot in Sacramento into its North American headquarters, where it will employ 3,000 people by year's end. Keeping the personal computer giant in the state is a coup for California, which has lost many businesses to other states in recent years. Under the deal, to be announced today, Packard Bell is to occupy 1.8 million square feet of office, manufacturing and warehouse space. The company has been using temporary headquarters in Westlake Village since the Northridge earthquake. It had been based in Northridge.

Copyright © 2019, Los Angeles Times
EDITION: California | U.S. & World