MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
Irvine-based chipmaker Broadcom Corp. today reported third-quarter revenue and adjusted profits that beat Wall Street expectations.
Shares of Kaiser Aluminum Corp. fell 8.8% to about $68.5 and a market cap of about $1.31 billion in after-hours trading Monday as the Foothill Ranch maker of semi-fabricated aluminum products posted $15.9 million in earnings for the third quarter, good for 85 cent a share.
Some 18,000 Mazda vehicles are the subject of a National Highway Traffic Safety Administration advisory that urges owners to “act immediately on recall notices” on defective airbags made by Takata Corp.
AEROSPACE: Positions second company for $100 million in sales
James Downey is replicating the business model that made him one of Orange County’s wealthiest executives.
AUTOMOTIVE: Once figured for exit, increases sales 29.8%
Mitsubishi Motors North America Inc., despite a slim model lineup, is out to prove all the doubting Thomases wrong.
TRANSPORTATION: JWA aims for more passengers, Mexico service
John Wayne Airport plans to reintroduce incentives for an airline to offer new routes to Mexico as part of its 2015 flight plan, which also includes more passengers and 15 additional flights by Southwest Airlines.
APPAREL: Board names new execs as it aims for turnaround
Robert McKnight Jr., co-founder of Quiksilver Inc., is leaving his post as the company’s executive chairman at the end of the month as the Huntington Beach-based action sports apparel and footwear manufacturer struggles with reduced quarterly revenues.
HEALTHCARE: Ackman goes on offensive, questions continue
Irvine-based Allergan Inc.’s long-running battle to stay independent marches on as hostile pursuer rhetoric heats up and many analysts express doubt about the deal going through.
Expanding Local Plants, Adding Training Facilities
Manufacturing in Orange County is in growth mode, with many local companies—those that have weathered the recession and managed to notch consistent business gains—making investments in facility expansions and upgrading their training resources.
Recovery Growth, Offshore Jobs Return, Spur Hunt
Manufacturing companies and industry organizations are aggressively searching for young talent, with schools and businesses coming together to showcase advanced technologies and provide opportunities for hands-on work experience.
The search is on for a new executive vice chancellor and provost at UCI—a job that’s about on par with a COO’s post in the business world, while the chancellor of the school functions more like a CEO.
TECHNOLOGY: Device headed for Finish Line stores
Irvine-based startup Pear Sports LLC has signed a deal with Finish Line Inc. to distribute its wearable device in the Indianapolis-based company’s growing line of specialty running stores.
HEALTHCARE: Alphaeon closes in on nine figures
Irvine-based Alphaeon Corp.’s focus on “lifestyle healthcare” is pushing the company close to nine figures in revenue and positioning it for a potential initial public offering.
Plus Good Clinical Trial News, Valve’s US Release
Irvine-based heart valve maker Edwards Lifesciences Corp.’s pipeline and positive second-quarter news recently landed it an upgrade from Chicago-based Zacks Investment Research to a “buy” ranking.
QLogic Corp. after the close of trading Thursday reported revenue and adjusted profits in the September quarter that beat Wall Street expectations.