Orange County Business Journal

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

Mazda Makeover Unifies Marketing

AUTOS: Irvine HQ takes new shape after trim of 100 staffersChief Executive Masahiro Moro’s vision to transform Mazda North American Operations from an automaker “that just sells cars to a company that delivers a great experience” has taken its next steps following staff cutbacks and a restructuring at its headquarters in Irvine.

By Mediha DiMartino November 28, 2016 midnight   $$ Share
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Toshiaki Ogasawara Dies

Manufacturing magnate, Pelican Hill resident and OC’s Wealthiest list member Toshiaki Ogasawara died Nov. 30 in Newport Beach at age 85.

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November Mixed for OC Carmakers

Two out of four Orange County-based automakers beat the national sales pace on new-vehicle sales in November, according to New Jersey-based market researcher Autodata Corp.

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Allergan Expands Board

Allergan Plc. said it appointed Adriane Brown to its board of directors, effective in February. Brown is president and chief operating officer of Intellectual Ventures LLC, a privately held company in Bellevue, Wash., that provides invention-related services and buys patents.

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American Vanguard Backs Harvard on Zika

American Vanguard Corp. in Newport Beach said its AMVAC Chemical Corp. subsidiary would help pay for research at Harvard University “to develop and potentially commercialize” technology aimed at killing the mosquito that spreads the Zika and other viruses.

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Edwards in $340M Mitral Device Deal

Edwards Lifesciences Corp. in Irvine will buy Valtech Cardio Ltd in Or Yehuda, Israel, for $340 million in cash and stock in a deal expected to close early next year.

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Link Joins Allegro Board

Allegro Ophthalmics LLC in San Juan Capistrano named Bill Link to its board.

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Acquisition May Stem American Apparel Cuts

American Apparel LLC said a $66 million bankruptcy sale to Gildan Activewear Inc. could help it stave off a round of layoffs, including of 332 workers at its dye house in Garden Grove.

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Hyundai Joins New Waive

Hyundai Motor America Inc. in January will place 150 of its IONIQ EVs in the WaiveCar car-sharing fleet in Los Angeles with an option for 250 more cars in additional cities by the end of 2017.

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Hyundai Plans Self-Driving Car

Hyundai Motor America Inc. in Fountain Valley introduced its Autonomous IONIQ concept vehicle at the Los Angeles Auto Show on Wednesday.

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Boeing to Shift 2,500 Jobs From HB

Boeing Co. plans to move 2,500 jobs from Huntington Beach within the next four years, with a fraction staying in Orange County at facilities in Seal Beach and the majority going to El Segundo, Long Beach, St. Louis and Huntsville, Ala.

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Too Faced Sells Again: $1.45B

Too Faced Cosmetics LLC in Irvine will sell for the second time in 18 months, with a deal pegged at nearly $1 billion more than last year’s price tag.

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Hyundai Owners Get Voice Controls

Hyundai Motor America Inc. in Fountain Valley will work with Amazon.com to offer remote voice-control features on its entire 2017 lineup.

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Irvine Software Maker Raises $39M

Irvine-based business software maker Mavenlink Inc. has raised $39 million in a Series D round led by Goldman Sachs.

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Masimo Gets $5M From Gates Foundation

Masimo Corp. received a $4.95 million grant from Bill & Melinda Gates Foundation in advance of World Pneumonia Day.

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Microsemi Posts Record Sales

Microsemi Corp. in Aliso Viejo reported record sales in its fiscal year, and September quarter revenue and adjusted profits that narrowly topped Wall Street expectations.