Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Most OC Auto Brands Below U.S. Pace

One of four Orange County-based automakers exceeded the national sales pace for new vehicle sales in June, according to New Jersey-based market researcher Autodata Corp.

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Drybar Sells Stake to Atlanta PE Firm

Drybar Holdings LLC in Irvine sold a minority stake to Roark Capital Group, an Atlanta-based private equity firm, for an undisclosed amount.

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NB Firm in $10B VW Settlement

Newport Beach-based law firm MLG Automotive Law reached a $10 billion settlement from Volkswagen Tuesday on behalf of clients in a national, class-action lawsuit, according to lead attorney Jonathan Michaels.

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Incipio Bids $177M for Skullcandy

Incipio LLC, an Irvine-based maker of cell phone cases and other mobile device accessories, has bid $177M for Skullcandy Inc.

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Verizon to Buy Telogis

Verizon Communications Inc. will buy Aliso Viejo-based Telogis Inc. on undisclosed terms.

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Irvine Software Maker Sold

Irvine-based data management software maker Vision Solutions Inc. has been sold to private equity firm Clearlake Capital Group L.P. in Santa Monica.

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Karma Fills New Exec Post

Karma Automotive LLC, the Costa Mesa-based manufacturer of luxury electric hybrid plug-in vehicles, hired Dennis Dougherty as president and chief operations officer, a new position.

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MemorialCare Teams With Boeing for Health Plan

Fountain Valley-based MemorialCare Health System said today it would work with Boeing Co. to create a customized health plan for the aerospace company’s employees and dependents in Orange County, Long Beach and the South Bay area of Los Angeles County.

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SurfStitch Trims in Irvine

Australia-based SurfStitch Group Ltd. said it plans to eliminate 40 positions at Irvine-based subsidiary SurfStitch USA Inc.

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PacSun BK Auction Canceled

The bankruptcy auction for assets of Pacific Sunwear of California Inc. in Anaheim has been canceled, with San Francisco-based private equity firm Golden Gate Capital now set to acquire all of the retailer’s assets.

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New CEO for Battery Maker

Former Broadcom Corp. executive Robert Rango has been named chief executive of Irvine-based battery maker Enevate Corp.

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QLogic Sold for $1B

Shares of Aliso Viejo-based networking equipment maker QLogic Corp. rose 10% after the company said it would be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.

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Samuelis Give $10M to UCLA

The Samueli Foundation in Corona del Mar has given $10 million to the Henry Samueli School of Engineering and Applied Sciences at University of California-Los Angeles.

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Terumo Buys Aliso Device Maker

Aliso Viejo-based Sequent Medical Inc. has been acquired for $280 million by Japan’s Terumo Corp.

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NBA Deal for FV Gear Maker

Fountain Valley-based United Sports Brands’ Shock Doctor has been named the official mouthguard of the National Basketball Association, Women’s National Basketball Association, NBA Development League and USA Basketball.