Orange County Business Journal

MANUFACTURING

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

Aliso Viejo-based Ambry Genetics Corp. acquired Delray Beach, Fla-based Progeny Software LLC for an undisclosed price.

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American Vanguard in Deal for European Business

American Vanguard Corp., a Newport Beach-based maker of specialty chemicals and agriculture products, has acquired the European insecticide business assets of Adama Agricultural Solutions Ltd.

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Most OC-Based Auto Brands Beat National Sales Pace in March

All but one Orange County-based automaker beat the relatively flat national sales pace for new vehicles in March, according to New Jersey-based market researcher Autodata Corp.

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Judge Approves Sale of Wet Seal

U.S. Bankruptcy Court Judge Christopher S. Sontchi today in Delaware approved the sale of Wet Seal Inc. to private equity firm Mador Lending LLC.

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Irvine Printer Maker Names CEO

Industry veteran Werner Heid has been named chief executive of Irvine-based Printronix Inc.

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Taco Bell Japan to Open

Irvine-based Taco Bell Corp. has set an April 21 opening for its first restaurant in Japan under a franchising deal with Tokyo-based Asrapport Dining Co. Ltd., according to the Wall Street Journal.

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DOT Approves New JWA-Mexico Flights

The U.S. Department of Transportation approved Seattle-based Alaska Airlines to begin flights between Mexico and John Wayne Airport in October.

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CM Investor Buys EB-5 Regional Center

Costa Mesa-based real estate developer and private equity firm PDC Capital Group LLC has acquired ZGlobal Southern California EB-5 Investment Regional Center.

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PE Firm Backs Water Treatment Company

Anaheim Hills-based investment firm Metrix Capital Group LLC has provided an undisclosed amount of growth capital to Superior Water Technologies Inc. in Irvine.

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PacSun Results Up, Shares Down

Pacific Sunwear of California Inc. beat analysts’ expectations for the fourth quarter, which ended Jan. 31, before its stock fell about 2% to $2.82 and a market value of about $195 million in midday trading Thursday

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Kia to Sell Soul EV Beyond California

Irvine-based Kia Motors America Inc. will start selling its Soul EV in Georgia, Texas, Oregon, Washington and Hawaii, a move that comes a few months after the launch of the electric vehicle in California.

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Kofax Sells for $1B

Shares of Kofax Ltd. soared in afterhours trading today after the Irvine-based software maker announced it would be sold for $1 billion to Lexmark International Inc. in Lexington, Ky.

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Auto Dealer Sales Up in 2014

Automotive dealers in Orange County combined for $11 billion in sales last year, a 10% increase over 2013, according to the Newport Beach-based Orange County Automobile Dealers Association’s 2014 Economic Impact Report.

OC Drones On

Newfangled Flying Machines Figure Into Local Landscape

Within hours of capturing a pair of gray whales recently in an early morning swim, Dana Wharf Sportfishing & Whale Watching had the video posted on YouTube and emailed to subscribers of its digital newsletter.

Microsemi’s $389M Buy Includes Ticket to Internet of Things

TECHNOLOGY: Picks up new technology to offer chip customers

Microsemi Corp.’s latest acquisition highlights how far the company has come in a diversification effort that has taken the Aliso Viejo-based chipmaker from an aerospace and defense specialist to innovator in several fields, with a new toehold on the industrial side of the budding Internet of Things market.