Orange County Business Journal


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

Working Wardrobes’ Transition Plan

James Toth was living with his parents and working odd jobs for cash that offered little security and no future.

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Microsemi in Line on September Quarter

Aliso Viejo-based chipmaker Microsemi Corp. today reported revenue in the September quarter slightly above Wall Street expectations and adjusted profits in line with estimates.

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Two OC Automakers Beat U.S. Sales Numbers

Two Orange County-based automakers beat national new-vehicle sales figures in October as the other two fell below U.S. averages, according to New Jersey-based market researcher Autodata Corp.

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Kurion Gets $10M Grant From Japan

Irvine-based Kurion Inc. has been awarded a $10 million grant from Japan's Ministry of Economy, Trade and Industry to further test its technology to remove tritium at the Fukushima Daiichi Nuclear Power Plant.

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Hyundai, Kia Reach Settlement With EPA

Hyundai Motor Co. and Kia Motors Corp. have reached a $350 million settlement with the U.S. Environmental Protection Agency and the U.S. Department of Justice on charges that the South Korea-based automakers violated the Clean Air Act by overestimating mileage claims.

Cold Heat

Cryoport Gets Goods There Cold, Grows Revenue by Nearly 400%

Cryoport Inc.’s chilly business is fueling red-hot sales growth.

Broadcom, Microsemi Team Up on New DSL Chips

TECHNOLOGY: Seek new standard for next generation

The two largest chipmakers based in Orange County are working together to develop a new connectivity standard for next-generation digital subscriber lines, commonly referred to as DSL.

GM Venture Arm Takes Telogis Stake in Latest Infusion

TECHNOLOGY: Software firm also inking deals to grow

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

China-Based Shoe Brand Starts in OC

APPAREL: Initial focus on wholesale from Irvine HQ

The Irvine-based arm of a major sports apparel and footwear brand in China launched a website last week, marking its first foray into the U.S. market.

Business Principles Back Growth of K-12 Schools

EDUCATION: OC-based clusters aim for wider markets

Local private schools that are run on basic business principles have plans to expand in ventures that charge upward of $1,000 a month, with more customers born every day.

St. John Knits Looks for New CEO

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

Kodiak to Buy $5M in Alt Energy Stock

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

Vizio Title Sponsor of 2014 Fiesta Bowl

Irvine-based Vizio Inc. signed on as the title sponsor of the 44th Annual Fiesta Bowl, which is scheduled to take place Dec. 31 at University of Phoenix Stadium in Glendale, Ariz.

CEO: Quality Systems Showed ‘Marked Improvement’

Most of Software Maker’s Growth Through Mirth

Irvine-based healthcare software maker Quality Systems Inc. is showing “marked improvement across all fronts of the organization,” according to Chief Executive Steve Plochocki.

Toshiba Ads to Medical Pros: You Have a Voice

Aims to Distinguish Firm From Rivals in Industry

Toshiba America Medical Systems has launched an advertising campaign that aims to position the Irvine-based diagnostic imaging company as one that “adapts to and understands its customers’ business,” according to Nancy Gillen, its vice president of marketing.