Orange County Business Journal

MANUFACTURING

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

Conexant Climbs on Amazon Deal

TECHNOLOGY: Erstwhile tech star’s chip in Alexa development kitConexant Systems Inc.’s new deal with Amazon.com signals a comeback for the Irvine-based chipmaker, which emerged from bankruptcy organization more than three years ago under the ownership of hedge fund billionaire George Soros.

By Chris Casacchia December 12, 2016 midnight   $$ Share
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Reports: Wet Seal Exploring Sale

Wet Seal LLC is exploring liquidation or a sale, according to news reports.

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Hyundai Plans ‘Instant Replay’ Super Bowl Ad

Fountain Valley-based Hyundai Motor America Inc.’s return to the Super Bowl will include a 90-second documentary filmed during the game that will air right after the final whistle.

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First COO for Incipio

Irvine-based Incipio Group promoted Ann Fong to chief operating officer, a new position.

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Oakley Parent Sets $49B Merger

Oakley Inc.’s Italy-based parent, Luxottica Group SPA, plans to combine operations with Essilor International S.A. in France, pending regulatory and shareholder approval.

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Carrick Invests in Virginia

Carrick Capital Partners in Newport Beach invested $22 million in Perfect Sense Inc. in Reston, Va.

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New Operator for GG Knitting Mill

Broncs Inc. in Compton has reached an initial deal with American Apparel LLC to take over the lease for its textile facility in Garden Grove, according to news reports.

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Biolase CFO Resigns

Biolase Inc. in Irvine said Chief Financial Officer David C. Dreyer will resign effective Jan. 13 for “personal reasons unrelated to the company’s financial condition.”

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Lotus Makes Another Buy

Lotus Innovations LLC in Irvine acquired Commerx Corp., a leading global provider of digital and telecommunications services.

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PE Firm Buys Sandal Brand

Courtney Group Inc. in Newport Beach acquired sandal brand Flojos from Conscious Corp. in Thousand Oaks on undisclosed terms.

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Kia Stinger Unveiled

Kia Motors America Inc. in Irvine debuted its first sports sedan Sunday at the North American International Auto Show in Detroit.

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Eye Stent Developer Gets $25M

Ivantis Inc. in Irvine closed on a $25 million Series C funding round for development and eventual marketing of a stent intended for use in glaucoma surgery.

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Yum China Taco Bell Opens

The first Taco Bell restaurant in China opened in Shanghai’s central business district as part of the fast food chain’s plan to open 1,000 restaurants overseas by 2022.

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New President, CFO for Raj Swim

Privately held RAJ Swim in Tustin hired Brenda West as its new president, making her the first person outside the swimwear maker’s founding family to hold the position.

Etnies, Michelin Debut Shoe

Skate brand etnies and Michelin today introduced “the toughest outsoles in history” for its Marana OG skate shoe.

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Automakers Grew Sales in 2016

Orange County-based automakers trailed the national sales pace in December even as most notched gains for the year, according to New Jersey-based market researcher Autodata Corp.