MANUFACTURING

UCI Gets Most of $8M Grant

University of California-Irvine said today the National Science Foundation awarded $8 million to a UCI-led consortium to develop a system that can restore walking ability and sensation in individuals with spinal cord injuries.

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Jannard Partners Up in ‘Disruptive’ Smartphone Venture

Red Digital Cinema Camera Co. in Irvine said its upcoming smartphone will be developed in partnership with Menlo Park-based Leia Inc.

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Yamaha Will Peddle eBikes Here

Yamaha Motor Corp. USA said it plans to enter the U.S. electric bicycle market in 2018.

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Peregrine Gives Back Some Gains

Shares in Peregrine Pharmaceuticals Inc. in Tustin rose 12% in intraday trading Monday and rose another 4% after hours on a nearly four-fold increase in revenue and a sharply lower quarterly loss; trading volume on the day was three times its 90-day average. In Tuesday midday trading the drugmaker gave back some of those gains.

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Ducommun Closes HB Buy

Santa Ana-based aerospace manufacturer Ducommun Inc. closed its $60 million cash buy of LS Holdings Company LLC, the company said today.

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J&J Vision Buys Dry Eye Platform

Santa Ana-based Johnson & Johnson Vision completed its acquisition of TearScience Inc. in Morrisville, N.C. Financial terms weren’t disclosed.

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Rockwell in $30B Sale to UTC

The local units of Cedar Rapids, Iowa-based Rockwell Collins Inc. could be in line for another shakeup in the wake of its planned $30 billion sale to United Technologies Corp.

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Automakers’ Sales Mixed

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

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Microsemi Donates to UCI

University of California-Irvine said today that Aliso Viejo-based chipmaker Microsemi Corp. donated $1.5 million to the university.

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Allergan Cuts 109 Jobs

Allergan PLC laid off 109 employees at its Irvine campus, according to a recent report to the state Employment Development Department.

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Leaf Plans Nestle U.S. Bid

Leaf Brands LLC in Newport Beach said it will bid for Switzerland-based Nestle SA’s U.S. candy business.

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ChromaDex to Sell Testing Business

ChromaDex. Corp. will sell its analytical testing business to Laboratory Corp. of America Holdings in Burlington, N.C.

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Irvine Software Maker in $1.2B Sale

Irvine-based software maker Vision Solutions Inc. has changed hands again as part of a $1.2 billion sale between two private equity firms.

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PE Firm Buys Burbank Manufacturer

Newport Beach private equity firm JW Hill Capital has acquired an aerospace parts manufacturer in Burbank.

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Pieology Heads South

Pieology Pizzeria in Rancho Santa Margarita said an area developer will open two locations in Mexico City by year-end in the city’s Polanco and San Jose de Insurgentes Sur neighborhoods, the first of 47 locations in the country.

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