Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Eye Stent Developer Gets $25M

Ivantis Inc. in Irvine closed on a $25 million Series C funding round for development and eventual marketing of a stent intended for use in glaucoma surgery.

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Yum China Taco Bell Opens

The first Taco Bell restaurant in China opened in Shanghai’s central business district as part of the fast food chain’s plan to open 1,000 restaurants overseas by 2022.

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New President, CFO for Raj Swim

Privately held RAJ Swim in Tustin hired Brenda West as its new president, making her the first person outside the swimwear maker’s founding family to hold the position.

Etnies, Michelin Debut Shoe

Skate brand etnies and Michelin today introduced “the toughest outsoles in history” for its Marana OG skate shoe.

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Automakers Grew Sales in 2016

Orange County-based automakers trailed the national sales pace in December even as most notched gains for the year, according to New Jersey-based market researcher Autodata Corp.

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Hyundai, Google Voice Controls Debut

Hyundai Motor America Inc. in Fountain Valley plans to unveil a new feature tomorrow that allows vehicle owners to control various functions through Google Assistant voice commands.

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PE Firm Buys in Virginia

Private equity firm Lotus Innovations LLC in Irvine acquired Edge Technologies Inc. in Reston, Va., on undisclosed terms.

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Electronics Maker Buys in Canada

Infinite Electronics Inc. in Irvine acquired KP Performance Antennas in Edmonton, Alberta, Canada on undisclosed terms.

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Hyundai CEO Out

Hyundai Motor America Inc. has parted ways with Chief Executive Dave Zuchowski, who led the Fountain Valley-based automaker for the past three years.

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Masimo Gets Sensor OK

Masimo Corp. in Irvine received FDA clearance for the sale of its TFA-1 Single-Patient-Use Adhesive Forehead Sensor.

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Autobytel Sells Specialty Product

Autobytel Inc. in Irvine sold its specialty finance leads product to El Segundo-based Internet Brands Inc. for $3.2 million.

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Sonendo Funding Tops $100M

Sonendo Inc. in Laguna Hills received $35 million in an extension of a Series D funding round that brings the privately held dental device maker’s total funding to more than $100 million.

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Yamaha Unit Buys Engine Maker

Yamaha Motor Corp. USA in Cypress said its Kennesaw, Ga.-based Outdoor Power Equipment division acquired Subaru Industrial Power Products on undisclosed terms.

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Alloy Maker Names Chief

Liquidmetal Technologies Inc. in Rancho Santa Margarita named Chinese businessman Yeung Tak Lugee Li president and chief executive.

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Conexant Chips for Amazon’s Alexa

Chipmaker Conexant Systems Inc. in Irvine is supplying key audio and voice technology to Amazon.com as part of a deal announced this morning.