Orange County Business Journal

MANUFACTURING

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

Fountain Valley-based Kingston Technology Co. has sold a subsidiary to Shenzhen Kaifa Technology Co. Ltd. in China.

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Ups, Downs on May Sales for OC Auto Brands

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

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K-Swiss Buys FV-Based Brands

Fountain Valley-based skate apparel and footwear maker One Distribution has been acquired by K-Swiss Global Brands on undisclosed terms.

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Boot Barn to Buy Kansas Retailer

Shares of Boot Barn Holdings Inc. in Irvine rose 10.6% to $27 and a market value of $695 million after it announced an agreement to buy western apparel and footwear retailer Sheplers Inc. for $147 million.

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Boot Barn Up on Sales, Earnings

Boot Barn Holdings Inc. reported increases in revenue and earnings for the fourth quarter and full fiscal 2015, sending its shares up more than 6% to a market value of about $620 million in trading Friday.

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PacSun Shares Down on Q1 Numbers

Shares of Pacific Sunwear of California Inc. were down about 11% in Friday trading to a $110 million market cap as the Anaheim-based apparel retailer reported lower-than-expected revenue for the first quarter of fiscal 2015.

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Broadcom in $37B Deal

Irvine-based chipmaker Broadcom Corp. has agreed to be acquired by Avago Technologies Ltd. for $37 billion.

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Tilly’s Shares Fall on Mixed Q1

Tilly’s Inc. beat Wall Street expectations on earnings but slipped on revenue in the first quarter of its fiscal 2015, and shares fell more than 23% in Thursday trading.

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Broadcom Shares Surge Wednesday on Takeover Talks

Shares of Broadcom Corp. surged in afternoon trading Wednesday amid media reports that the Irvine-based chipmaker is in negotiations to be acquired by Avago Technologies Ltd.

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Neudesic Buys Anaheim IT Provider

Irvine-based IT provider Neudesic LLC has acquired Anaheim competitor Web4, which specializes in enterprise content management and human resources software.

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Anaheim Lighting Products Maker Sold

Anaheim-based lighting products maker Intense Lighting LLC has been acquired by Leviton Manufacturing Co., a Melville, N.Y.-based manufacturer of electrical wiring equipment.

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Autobytel Buys Competitor

Autobytel Inc. shares were up about 30% to a market value of $185 million after the Irvine-based automotive marketing company said it acquired Dealix Corp. from CDK Global Inc. in Hoffman Estates, Ill. for $25 million.

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Edwards Suspends Valve Study

Irvine-based Edwards Lifesciences Corp. said today that it is voluntarily halting enrollment in an early clinical trial for an experimental, less-invasive mitral heart valve.

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Biolase Names CEO

Irvine-based Biolase Inc. said today that Harold Flynn Jr. will become its new chief executive, effective July 13.

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Masimo's $467M Verdict Upheld

Irvine-based Masimo Corp. said today that a federal court in Delaware has upheld a $467 million jury verdict in its favor against a pair of Netherlands-based Royal Philips Electronics NV's units for patent infringement.