Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Mitsubishi: U.S. Cars OK With EPA

Cypress-based Mitsubishi Motors North America Inc. said the fuel economy data for its vehicles model years 2013 to 2017 sold in the U.S. is accurate and is not affected by testing irregularities its Japan-based parent revealed last week.

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Allergan Makes $85M Buy

Allergan Plc bought Topokine Therapeutics for $85 million and certain milestone payments.

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Chinese Company Buys in Santa Ana

Santa Ana-based point-of-sale terminal maker ExaDigm Inc. merged on undisclosed terms with Shenzhen Xinguodu Technology Co., Ltd., a China-based maker of POS systems and electronic payments products.

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Kaiser Aluminum Misses on Revenue

Shares in Foothill Ranch-based Kaiser Aluminum Corporation close down about 1% to $86.58 and a market cap of $1.6 billion after the company reported first quarter net income of $26 million.

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SJC Company Buys in Europe

San Juan Capistrano-based toilet component maker Fluidmaster, Inc. acquired on undisclosed terms WISA BV, a restroom components designer and maker in the Netherlands.

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Santa Margarita Toyota Sold

Jim Graham, owner of Santa Margarita Ford, acquired Santa Margarita Toyota from John Dinsmore.

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Stone Firm Enters Two States

Anaheim-based Bedrosians bought Oregon Tile & Marble, in Medford, Ore.

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Textile Maker Sold to Ohio PE Firm

Irvine-based textile supplier Momentum Group has been acquired on undisclosed terms by private equity company the Riverside Company, which is headquartered in Cleveland, Ohio.

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RSM Data Firm Raises $6.7M

Rancho Santa Margarita data analytics software maker Compellon has raised $6.7 million in a Series A funding round.

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PacSun Files BK

Pacific Sunwear of California Inc. in Anaheim filed for bankruptcy protection and said it will convert debt into equity for creditor Golden Gate Capital.

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Edwards Surges on Valve Trial

Irvine-based Edwards Lifesciences Corp.’s shares shot up today after it reported positive results on a pair of less-invasive replacement heart valve clinical trials.

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Engineering Firm Purchased for $7M

Irvine-based Excalibur Engineering, Inc. was acquired April 1 by Transcat Inc. in Rochester, New York, for $7.35 million in cash.

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Mitsubishi Beats National Sales Pace

Only one of four Orange County-based automakers exceeded the national sales pace for new vehicles in March, according to New Jersey-based market researcher Autodata Corp.

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Japan Regulators Clear Glaukos Stent

The Japanese Ministry of Health, Labor and Welfare has approved a glaucoma device made by Laguna Hills-based Glaukos Corp.

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eBay Buys Irvine Auto Marketer

Cargigi Inc. in Irvine was acquired by eBay Inc. on undisclosed terms.