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Startup Varda Space Industries snags former Mattel plant in El Segundo [Yahoo! Finance]
Last mattel, inc. earnings: 2/13 04:05 pm
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US:NASDAQ Investor Relations: investor.shareholder.com/mattel
Varda Space Industries has leased an El Segundo location formerly occupied by toy manufacturer Mattel. (Myung J. Chun / Los Angeles Times) In an expansion of its business of processing pharmaceuticals in Earth's orbit, Varda Space Industries is renting a large El Segundo plant where toy manufacturer Mattel used to design Hot Wheels and Barbie dolls. The plant in El Segundo's aerospace corridor will be an extension of Varda Space Industries' headquarters in a much smaller building on nearby Aviation Boulevard. Varda will occupy a 205,443-square-foot industrial and office campus at 2031 E. Mariposa Ave., which will give it additional capacity to manufacture spacecraft at scale, the company said. Originally built in the 1940s as an aircraft facility, the complex has a history as part of aerospace and defense industries that have long shaped the South Bay and is near a host of major defense and space contractors. It is also close to Los Angeles Air Force Base, headquarters to the
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