Stories for January 2002
Monday, January 28
Irvin Aerospace Inc., a Hope Mills, N.C.-maker of parachute systems, has more than doubled the space of its Santa Ana marketing and engineering facility with a move into new, nearby digs at 3701 W. Warner Ave.
Aquent Adds Tech to Local Offerings; El Pollo Loco Touts Free Side Orders.
Dennis Morin has left Aliso Viejo's IndX Software Corp. less than a year after joining as the company's chief executive.
Buena Park transport logistics company ServiceCraft LLC has opened a 300,000-square foot support center in Allentown, Pa., as part of a bid to regionalize operations across the U.S.
Bankruptcies Are Increasing in More Sectors, and They're Spawning More Litigation.
Ladera's Avendale Draws Interest; South County Industrial Vacancy Rate Near 11%; More Real Estate News
Memorial's Collins Steps Back; Ista Reports on Eye Compound Trials
Santa Ana-based Austin Hardwood Inc., a supplier of wood to contractors, homebuilders and furniture makers, has doubled its space in Santa Ana.
Motorola Inc. recently plugged into Irvine network-security company Foundstone Inc. with an estimated $4 million investment.
The Action Sports Retailer Trade Expo, the annual confab for surfwear and other apparel makers, is expected to draw 20,000 people to Long Beach on Feb. 2 to 4 for a look at what edgy styles young people might be wearing a few months from now.
Iteris on Tour With Volvo Test Car; Gotcha Shacking Up With Broadband Interactive
Chief Executive Greg Weaver told a group of stock analysts and investment bankers who recently gathered at The Block of Orange to learn about the teen market.
La Canasta Furnishings Inc., a retailer of furniture, electronics and appliances geared toward Hispanics, plans to open a 23,000-square-foot store in Anaheim on Lemon Street and Orangethorpe Avenue in March.
Huntington Beach-based Quiksilver Inc. plans to keep opening stores throughout its divisions in 2002,albeit at a slower pace than first thought.
Orange County's Japanese executives are feeling the pinch of heightened security for visitors to the U.S.
Santa Ana-based memory products maker SimpleTech Inc. has acquired Irvine-based Irvine Networks LLC for about $3 million in cash, according to sources familiar with the deal.
I'VE GONE NEARLY A FULL MONTH INTO THE NEW YEAR WITHOUT OPINING ON EL TORO ...
One state sent flashlights and postcards to power-hungry California companies. Another put up a Web site focused on power issues.
A hot fashion name is located in Costa Mesa, and it's not some surfer dude. OC INSIDER by Rick Reiff
Come June, Thomas Gephart hopes to be sitting on $200 million in new venture money. Gephart, the founder and chairman of Irvine-based Ventana Capital Management LLC, is looking to raise $100 million for his firm's fifth U.S. venture fund.
Medical device officials say new federal figures tagging biomedical engineering as the fastest-growing job category in the U.S. should boost hiring and training efforts in Orange County.
Monday, January 21
Jade Howe has some fashion advice for guys sporting baggy, wide-leg pants belted below the hips: it's over.
San Clemente-based medical device maker ICU Medical Inc. isn't the biggest player in its market by any stretch. But it has won over Wall Street with an emphasis on speed and an adherence to its core product.
Control Components Inc., a Rancho Santa Margarita maker of control valves for power plants and pipelines, is expanding its headquarters based on what it calls steady growth in world energy markets.
Epicor Shows Signs of Life After Cuts; EMachines Rolls Out Gigahertz Models.
Buena Park-based foods distributor Walong Marketing Inc. has recalled several brands of Asian jelly candies after the Food and Drug Administration said six children choked to death on the sweets.
RiechesBaird Launching Bosch Appliances; Fancy Publications Picks Up Primedia Magazines
Shares of Ingram Micro Inc. have climbed steadily the past two months as investors and analysts,mindful of the company's 2001 cost-cutting,have placed bets on a technology turnaround this year.
Master Does Two Ontario Deals; Advanced Real Estate Looks to Double Down in Santa Ana
Sicor Buys Back Preferred Stock, Cuts $4.3 Million in Yearly Dividend Payouts
William Lyon Homes Inc. is back in step with its peers, riding a wave of investor enthusiasm for public homebuilders fueled by a strong residential market.
Orange County makers of industrial design and simulation software,used to make 3-D models for controlling factory production or modeling products,have seen annual sales grow by 15% on average in the past year.
Santa Ana's on-again, off-again Main Street Concourse has another developer with plans for retail, office and housing on the site.
Industry sources say Brian Fargo has stepped down as chief executive of Irvine video game maker Interplay Entertainment Corp., the company he founded in 1983.
Monday, January 14
Newport Beach-based Forrest Binkley & Brown, having recently closed a fourth venture fund after a protracted and difficult fund-raising period, now is focusing on where to apply the $100 million in its war chest.
REAL ESTATE by Daniel D. Williams
Mission Hospital Medical Center has completed a new $13 million cardiac care center that is set to start taking patients this week.
Orange County employers are being hit with increases of up to 50% for health insurance this year. But instead of dropping coverage, they say they are living with it by shopping for the best deals, scaling back coverage or passing on some of the cost to wo
Argentina's economic woes have ground business there to a virtual halt, Orange County companies trading with the South American nation say.
Count SenoRx Inc., an Aliso Viejo-based medical device maker, among Orange County's biomedical hopefuls.
This year's Rose Bowl blowout may have disappointed some, but not SRS Labs Inc.
The events of Sept. 11 have had a pronounced impact on Irvine-based HID Corp., for the better.
Santa Ana-based PacifiCare Health Systems Inc. is offering a new California plan that cuts employer premiums up to 20%,but only by socking enrollees with co-payments of up to $400 a day for visits to certain "pricey" hospitals.
Movie Review: "ORANGE COUNTY" - Paramount Pictures; rated PG-13; starring Colin Hanks, Jack Black; directed by Jake Kasden;
Irvine-based Ocean Pacific Apparel Corp. went back to its roots for its new Op Classic Collection. The goal: regain a spot in the hearts and racks of trendy surf shops, nearly all of which dropped the brand more than a decade ago after it went mainstream.
There was no ice blanketing the parking lots at this year's Outdoor Retailer Winter Market,not with temperatures hovering in the high 70s in Anaheim.
Irvine-based chipmaker Intersil Corp. has taken part in a $47 million venture investment in Primarion Corp., a Tempe, Ariz., chip designer started by former Intel Corp. executives.
Tortilla Flats, the landmark Laguna Beach eatery, is up for sale at an asking price of $4.75 million.
A unit of Enron Corp. has bought a majority stake in Irvine-based FieldCentrix Inc., one of Orange County's most highly funded startups.
Moderate but consistent demand for research-and-development space in Or-ange County has kept the market tight, with single-digit availability rates through the slowing of the real estate market.
The Orange County Society of Investment Managers plans to probe how national and global trends could sway the stock market at its first economic forecast set for Jan. 31 in Newport Beach.
Wendy's founder Dave Thomas, who died last week at age 69, represented a passing breed of fast-food personality.
Monday, January 7
Most of us are still trying to dig out of the overeating guilt syndrome from the holidays. We might be dining at home a little more in the near future, but my bet's on all of us still ending up in restaurants several nights a week.
Robert Martini's first board meeting as chairman of AmerisourceBergen Corp. is one he'll never forget. He and the company's other directors convened in Manhattan for their first meeting and to ring the New York Stock Exchange's opening bell. Outside the
In a miserable year for many Orange County stocks, turnarounds stole the show in 2001.
It's not every day someone stops a ship from sinking. Matt Massengill, chief executive of Lake Forest-based disk drive maker Western Digital Corp., seems to have done it.
Upscale homebuilder Taylor Woodrow Homes Inc. hardly is synonymous with the first-time home market in the Inland Empire, but that's where the company's Southern California arm is headed under a new management team.
Activity in the industrial real estate market continued to drop throughout the third quarter, yet West Orange County has remained one of the tightest industrial markets, with a vacancy rate of less than 2%.
America's new ambassador to Spain says he wants to strengthen economic ties between the two countries, and help lure some Spanish investment to Orange County.
The new owners of Industry-based Strouds Inc. say they hope to revive the ailing bed and bath retailer with plans that include opening up to three new stores and possibly relocating its headquarters to Orange County.
Advertising agencies hunkered down in 2001 trying to weather what has been dubbed the worst business climate in a decade. More...
On a recent shopping trip to a nearby Japanese grocery shop, Irvine housewife Junko Ikuma realized her family's favorite items were missing from the shelf.
California has all the electricity it needs from now until 2004, according to the state Energy Commission. Even so, customers may have to pay more for that power, and there is a chance that the state could experience a shortage similar to the 2000 energy
After a two-year shakeout, Newport Beach-based The Irvine Company has settled on its executive hierarchy.
By dollar value alone, the August minting of AmerisourceBergen Corp.,a drug distributor with $35 billion in yearly sales,will go down as the greatest deal of Robert Martini's career.
Fluor Corp.'s split into two public companies early last year became the capstone of Chief Executive Philip Carroll's reign at the Aliso Viejo engineering company.
The New Year for California hospitals was supposed to bring state-mandated nurse staffing guidelines. But it looks like that's one more resolution deferred.
The Insider has noted the frequent sightings of gubernatorial hopeful Dick Riordan in donor-rich OC. But incumbent Gov. Gray Davis drops in, too.
Irvine-based Ista Pharmaceuticals Inc., a development-stage eye drug maker, plans to start selling other products in a bid to bankroll more work on its own compounds.
SSP Raises $2.5M Through Notes Sale; Micro General Cuts Off Long-Distance Unit. More Technology News...
2001 saw venture investing and acquisition sprees by Orange County technology companies slow to a trickle.
Local hotel brokers could be busy in 2002,but not on sales as much as helping clients on survival strategies.