Orange County Business Journal


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

Irvine-based Incipio Technologies Inc. has agreed to sell a minority stake to New York-based private equity investor Goode Partners LLC on undisclosed terms.

OC to Show Range of Emerging Tech at CES

TECHNOLOGY: Startups leverage convention to gain notice in industry

A startup backed by Tech Coast Angels, a clandestine chipmaker, and a spinoff from one of Orange County’s largest publicly traded companies will be among the locals to debut this week at CES, the world’s biggest technology trade show.

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Apparel Maker Takes Equity Stake

La Jolla Group LLC in Irvine acquired an equity stake in Laguna Beach-based apparel maker Roark Revival for an undisclosed amount.

Kaiser Aluminum Puts $150M to CapEx

Kaiser Aluminum Corp in Foothill Ranch said it will spend $150 million on equipment upgrades at its Spokane, Wash. facility over the next five years.

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Retiring Longtime Mazda Exec Replaced

Mazda North American Operations in Irvine appointed Masahiro Moro its new president and chief executive to replace Jim O’Sullivan, who will retire from the company on Jan. 1.

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CoreLogic to Pay $475M for Appraisal Tech Co.

CoreLogic Inc. will buy FNC Inc. for $475 million.

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Shoemaker Buys Eyewear Brand

Footwear manufacturer OluKai Inc. in Aliso Viejo acquired Newport Beach-based eyewear brand Kaenon for an undisclosed sum.

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Skateboard Co. Buys SD Helmet Maker

Bravo Sports in Santa Fe Springs bought helmet manufacturer Pro-Tec from Dye Precision Inc., both in San Diego, on undisclosed terms.

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TTM Announces More Job Cuts

TTM Technologies Inc. today announced it will lay off 80 workers worldwide in a restructuring move, its second significant job-cutting initiative in less than three months.

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Edwards Invests in Baltimore Startup

Edwards Lifesciences Corp. in Irvine has invested in Harpoon Medical Inc., a Baltimore-based start-up company developing a “minimally invasive” product to surgically repair mitral valves in the heart.

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Kurion Acquires U.K. Robotics Maker

Irvine-based Kurion Inc. has acquired a U.K. company that specializes in robotics and remote systems for handling hazardous materials.

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Volcom Names CEO

Volcom LLC appointed Todd Hymel as its new chief executive, effective immediately.

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Lantronix Taps OC Tech Vet

Irvine-based Lantronix Inc. named Jeffrey Benck president and chief executive.

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Tilly’s Reports Mixed Q3

Shares of Tilly’s Inc. were down about 2% in Thursday morning trading for a market cap of $172 million after the Irvine-based apparel, footwear and accessories retailer reported results yesterday that beat Wall Street expectation on sales in the October quarter but slipped on earnings.

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PacSun Reports Loss

Shares of Pacific Sunwear of California Inc. were down in midday trading as it reported a loss for its most recent quarter.