Orange County Business Journal


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

Novoteris, Avanir Will Initiate Phase-Two Trials

Targeting Cystic Fibrosis; Traumatic Brain InjuryNovoteris LLC in Garden Grove will proceed with another phase two trial in both the U.S. and Canada for its drug-device product designed to treat cystic fibrosis.

By Sherry Hsieh June 19, 2017 midnight   $$ Share
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Tustin Aerospace Co. Buys Competitor

Elite Aerospace Group in Tustin acquired Halo Industries Inc. on undisclosed terms.

By Mediha DiMartino June 23, 2017 12:33 p.m. share »
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ClearFlow Gets FDA OK

Anaheim-based medical device maker ClearFlow Inc. secured Food and Drug Administration approval for the FlowGlide Active Clearance Technology System, a device that clears chest tubes to prevent or reduce retention of blood and fluids.

By Sherry Hsieh June 21, 2017 9:09 a.m. share »
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Cookware Manufacturer Sold

Connerton Company Inc., a Santa Ana-based manufacturer of cooking equipment for the foodservice industry, was bought by Genkraft Technologies of Long Beach on undisclosed terms.

By Peter J. Brennan June 16, 2017 11:55 a.m. share »
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Carpet Manufacturer Closes Doors

Royalty Carpet Mills Inc., a longtime area carpet manufacturer based in Irvine, has closed, as have several affiliated companies.

By Mark Mueller June 15, 2017 12:30 p.m. share »
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NB Manufacturer a Crowdfunded First on NASDAQ

Shares of Newport Beach-based ADOMANI Inc. surged this morning on its debut on the NASDAQ Capital Market after becoming the first equity crowdfunded company to list on the tech heavy exchange.

By Chris Casacchia June 15, 2017 11:16 a.m. share »
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Kellogg Leaving La Palma

Michigan-based Kellogg Co. is shuttering its distribution center in La Palma and cutting 280 jobs there, according to a Worker Adjustment and Retraining Notification the cereal and snack giant filed with the state Employment Development Department.

By Mediha DiMartino June 14, 2017 11:27 a.m. share »
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Conexant in $342M Deal

Chipmaker Conexant Systems LLC in Irvine agreed to be acquired by Synaptics Inc. for about $342 million.

June 12, 2017 2:59 p.m. share »
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Allergan To Buy Implant Maker

Allergan PLC will buy Stuart-Fla.-based Keller Medical Inc. in Stuart, Fla., which makes a breast implant insertion device that reduces surgeon and patient contact during surgeries.

By Sherry Hsieh June 8, 2017 11:44 a.m. share »
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NB Cybersecurity Startup Gets $9.5M

Newport Beach start-up Obsidian Security has raised $9.5 million in Series A funding led by Silicon Valley venture capitalist Greylock Partners.

By Chris Casacchia June 8, 2017 7 a.m. share »
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Alteryx Buys, Bows Service

Irvine-based analytics software maker Alteryx Inc. bought a Brooklyn, N.Y. company and debuted a new service developed from another recent purchase.

By Chris Casacchia June 6, 2017 6 a.m. share »
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Pipeline Group Sold

Santa Ana-based Pipeline Group Inc. was bought on undisclosed terms by Prometheus Group, a press release said.

By Peter J. Brennan June 5, 2017 9:50 a.m. share »
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Boot Barn Misses on Q4

Shares of Boot Barn Holdings Inc. were down 15% to $6.30 during Friday morning trading after the company reported revenue and adjusted profits for the April quarter that missed the Wall Street expectations.

By Mediha DiMartino June 2, 2017 11:30 a.m. share »
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May Auto Sales Mixed

Three of the four largest Orange County-based automakers trailed the national sales pace for new vehicles in May, according to New Jersey-based market researcher Autodata Corp.

By Mediha DiMartino June 1, 2017 3:28 p.m. share »
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Hines SJC Site to Close

Hines Growers Inc. will close its San Juan Capistrano location effective Oct. 1, a move that affects 115 workers, a California EDD Worker Adjustment and Retraining Notification (WARN) filing said.

By Paul Hughes May 30, 2017 5:15 p.m. share »
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Big Plans at Taco Bell

Taco Bell Corp. again updated mid-range goals at its annual investor and analyst day this week with big plans for annual revenue, international expansion and unit totals.

By Paul Hughes May 26, 2017 9:44 a.m. share »