Orange County Business Journal


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

Albertsons Plans Chilly Expansion in Irvine Spectrum

Distribution Center Project Could Start in November

The Irvine Spectrum’s industrial market is about to get a little cooler, and a creative-office redevelopment isn’t the cause this time around.

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New Boss for Aston Martin in Irvine

Aston Martin Lagonda Ltd., a British automaker that has its Americas region headquarters in Irvine, hired Laura Schwab to run its operations here.

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OC-Based Automakers’ Sales Up

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

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Beijing Investor to Get 15% of Western Digital

Unisplendour Corp. Ltd. will invest about $3.8 billion in Western Digital Corp., taking a 15% stake in the Irvine-based storage products maker.A Beijing-based company will invest about $3.8 billion in Western Digital Corp., taking a 15% stake in the Irvine-based storage products maker.

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Fisker Changes Name to Karma

The former Fisker Automotive and Technology Group is now Karma Automotive.

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TTM to Shutter 3 Plants

TTM Technologies Inc. will shutter three manufacturing plants and lay off 550 workers as part of a global integration plan following its $927 million June acquisition of Viasystems Group Inc., the Costa Mesa-based printed circuit maker announced today.

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NextVR to Stream Democratic Debate

Laguna Beach-based startup NextVR will stream the Democratic presidential debate next month in Las Vegas on CNN, adding to its list of firsts in the developing virtual reality segment.

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Masimo Donates Equipment to Jordan

Irvine-based Masimo Corp. said today it will donate $5 million worth of its patient monitoring devices to Jordanian hospitals to assist them in providing healthcare to more than 1 million Syrian and Iraqi refugees.

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Disease Sensor Maker Gets $2.4M

Irvine-based PhageTech Inc. said it closed on $2.4 million in Series A financing to complete development and U.S. Food and Drug Administration approval for disease sensor technology and to commercialize a blood and urine test for bladder cancer.

Out of Ordinary for Newport Beach: Factory Upgrade

TECHNOLOGY: Chipmaker to put $15M or more into plant on Jamboree

Israel-based Tower Semiconductor Ltd. is investing $15 million to $20 million to upgrade its Newport Beach manufacturing plant to meet growing demand for new generations of chips for smartphones and other wireless devices.

OC on Road Map for Autonomous Vehicles

ENGINEERING: Link to Bay Area test station runs through Irvine

Orange County has become a key pit stop in the race to develop a fully autonomous car.

6 Honored at Business Journal’s Innovation Awards

About 415 people celebrated innovation and the people who create it at the Business Journal’s inaugural Innovator of the Year awards last week at the Hotel Irvine.

Santa Ana Software Maker Names CEO

Technology industry veteran Joe Bergera was named chief executive of Iteris Inc., a Santa Ana-based data provider and traffic management software maker.

GE Healthcare Veteran Joins Medical Device Maker

Brings ‘Deep Experience’ Of Leading Big Businesses

Irvine-based device maker Endologix Inc. recently appointed Vaseem Mahboob as its new chief financial officer.

Microsemi Aboard NASA Spacecraft for Pluto Mission

Space Unit Targets Niches In Mission-Critical Work

Aliso Viejo-based chipmaker Microsemi Corp. has supplied several key components on NASA’s New Horizons spacecraft, which was sent in part to study Pluto in a mission launched nearly a decade ago from Cape Canaveral Air Force Station in Florida.