Orange County Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Volcom CFO Jumps to 5.11 Tactical

5.11 Tactical, Irvine-based gear and clothing manufacturer, nabbed a new chief financial officer from Costa Mesa-based Volcom Inc.

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Hyundai Introduces Concept Truck

Hyundai Motor America Inc. revealed a crossover truck concept car Monday at the North American International Auto Show in Detroit.

Local Tech Covers Spread in Vegas

Games, Drones & Automobiles

The diversity of Orange County’s technology sector was on full display in Las Vegas for the International CES convention last week, as chipmakers, smart-products manufacturers, component suppliers, and the biggest auto brand based here launched products and teased others in development.

St. Regis Show Adds to OC’s Stature as Center of Swimwear

APPAREL: Summer in January for labels, buyers at Monarch Beach

Major swimwear brands and retailers will gather this week for the Swim Collective at the St. Regis Monarch Beach Resort in Dana Point, sipping on bubbly and looking for sales.

OC Tech on Target; Sage Hill’s Science Scholar; Early Picks

Anyone who doubts that science and technology are all over the place—or that Orange County is all over tech—can check our Chris Casacchia’s front-page piece on the CES show in Las Vegas.

Call Center Operator Set to Double on $275M Deal

SERVICES: Alorica grows list of industries, geographic reach

Alorica Inc. has purchased some units of Omaha, Neb.-based West Corp. for $275 million.

For-Profit University Posts Big Gains, Seeks More in Anaheim

EDUCATION: Draws from ethnic communities here, overseas

A for-profit school in a modest office park in the shadow of Angel Stadium in Anaheim has quietly grown sixfold in three years—and it has its sights on more.

Wet Seal Closes Two-Thirds of Stores

Wet Seal Inc. said it is closing 338 stores and will lay off 3,695 full- and part-time employees “after assessing its overall financial condition” and failing to “successfully negotiate meaningful concessions from its landlords.”

Habit Chain Signs First Overseas Deal

Irvine-based Habit Restaurants Inc. signed its first international expansion deal, an agreement with an area franchiser in the Middle East to develop 50 restaurants in six countries over the next 10 years.

Clean Energy Sells Dallas Facility Stake

Newport Beach-based alternative fuel developer and supplier Clean Energy Fuels Corp. sold its majority stake in a biomethane production facility in Dallas to a minority owner for $40.6 million.

Newport Beach Promoted in London

The destination marketing organization for Newport Beach is using images gathered by a drone to promote the city at U.S. trade shows and in London.

HB Startup Olloclip to Pursue $7.5M From Investors

Aims to Increase Brand Awareness, Sales Efforts

Huntington Beach startup olloclip has hired Irvine-based Moss Adams LLP to help the company attract institutional investors.

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Wet Seal Exploring Bankruptcy

Wet Seal Inc. has hired restructuring lawyers and may file for bankruptcy as early as next week, sources familiar with the matter told the Wall Street Journal.

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Incipio Gets $55M Financing

Irvine-based mobile device accessories maker Incipio Technologies Inc. secured $55 million in financing from Monroe Capital LLC.

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Habit Plans Middle East Expansion

Irvine-based Habit Restaurants Inc. said it signed its first international expansion deal, an agreement with an area franchisor in the Middle East to develop 50 restaurants in six countries over the next 10 years.