Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Hyundai to Pay Penalty for Failing to Report Defect

Hyundai Motor America said it will pay a $17.4 million civil penalty and comply with the National Highway Traffic Safety Administration’s oversight requirements for failing to report in a timely manner a braking system defect that affected Hyundai Genesis vehicle model years 2009 to 2012.

By Mediha DiMartino August 8, 2014 10 a.m.   Share
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Oakley, Garmin in Goggle Deal

Oakley Inc. said it has partnered with Garmin International Inc., which makes GPS navigation devices, to “expand functionality” of its Oakley Airwave 1.5 alpine ski and snowboard goggles.

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Kia Motors Signs New NBA Deal

Irvine-based Kia Motors America Inc. will continue as the Official Automotive Partner of the National Basketball Association, and its K900 sedan will take on the role of the league’s official luxury vehicle.

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AtheroNova Prices Offering

Irvine-based biotechnology company AtheroNova Inc. priced an offering of 4 million shares of its stock and warrants to buy its stock.

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GM Ventures Takes Stake in Telogis

Aliso Viejo-based Telogis Inc. has received an equity investment from GM Ventures, the venture capital arm of General Motors Inc.

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OC Auto Sales on Pace for 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

OC Auto Sales on Pace to Reach 7.3% Gain

Sales at Orange County auto dealers rose 6.4% to 46,540 vehicles in the third quarter compared to the same period last year—the 16th consecutive quarterly improvement, according to the Newport Beach-based Orange County Automobile Dealers Association.

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Vizio New Title Sponsor for Fiesta Bowl

Irvine-based Vizio Inc. has signed on as the title sponsor of the 44th Annual Fiesta Bowl.

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St. John Knits CEO to Step Down

Geoffroy van Raemdonck will step down as the chief executive of the Irvine-based high-end knitwear maker St. John Knits International Inc., according to California Apparel News.

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Houston Firm Buys Stake in Brea Distributor

Minerco Resources Inc. in Houston, Texas, has acquired 30% stake in Brea-Based Avanzar Sales and Distribution LLC for $500,000.

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Kodiak Takes $5M Stake in Energy Company

Newport Beach-based investment firm Kodiak Capital Group LLC has agreed to buy $5 million worth of common stock of Cirque Energy Inc., a Detroit-based developer of alternative energy sources.

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Mazda to Debut CX-3 at LA Auto Show

Mazda Motor Corp. said it plans to introduce a compact crossover SUV, the Mazda CX-3, at the Los Angeles Auto Show next month.

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Mazda to Debut CX-3 at LA Auto Show

Mazda Motor Corp. said it plans to introduce a compact crossover SUV, the Mazda CX-3, at the Los Angeles Auto Show next month.

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Telogis in Deal with Isuzu Unit in Anaheim

Aliso Viejo-based Telogis Inc. didn’t have to go far to land its latest software deal with a major automaker.

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Mazda New SXSW Sponsor

Mazda North American Operations has signed on as the official automobile sponsor of the South by Southwest Music Conference and Festival in Austin, Texas for the next three years.

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Kia Hires Multicultural Ad Shop

Kia Motors America has hired a Chicago-based advertising agency to help drive its “U.S. multicultural communication strategy as well as diversity and inclusion efforts internally and externally.”