Orange County Business Journal

MANUFACTURING

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

Clock Ticks as Startup Drug Maker Seeks Lifeline

HEALTHCARE: BK filing follows several loan defaults

Irvine-based AtheroNova Inc. is searching for a buyer willing to extend the cash-strapped startup’s existence as it reviews early data on its effort to develop drugs to fight atherosclerosis, or hardening of the arteries.

Clean Energy Gains as Infrastructure Plan Slows

ENERGY: Q4 profit follows focus on fleets, less building

Clean Energy Fuels Corp. may have finally found a clearer path to profitability as it reins in construction costs for a nationwide plan it forged four years ago to dot major highways with natural-gas fueling stations.

Panasonic Avionics to Add Specialist

Lake Forest-based Panasonic Avionics Corp. is set to acquire a satellite communication services provider with headquarters in Australia, operations around the globe, and a specialty of working in extreme conditions.

Ingram Micro Buys in South America

Santa Ana-based Ingram Micro Inc. said it bought businesses in Peru and Chile from Clearwater, Fla.-based Tech Data Corp., on undisclosed terms.

Win-Win for Mophie, Dog Rescue Group at SXSW

Recharge Batteries With St. Bernard Group

Mophie executed a clever social media stunt at the South by Southwest Music Conference and Festival that wrapped up over the weekend in Austin, Texas.

Olloclip, Peri Get Exclusive With Amazon Exclusives

Cut Select Products With Big-Box Retailers

Irvine startup Peri Inc. and Huntington Beach-based olloclip were handpicked to distribute a limited number of products on Amazon.com Inc.’s newly launched marketplace, but the designation carries some interesting stipulations: namely, cutting ties for those products with Wal-Mart, Costco, Target and other big-box retailers.

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Ceradyne Founder Moskowitz Dies

Joel Moskowitz, cofounder of Costa Mesa-based Ceradyne Inc., has died, according to a report in the Los Angeles Times.

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Kia Recalls Soul Cars

Irvine-based Kia Motors America Inc. has recalled 208,858 of its Soul and Soul EV models due to an issue with the gas pedal, according to the National Highway Traffic Safety Administration.

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ReShape Raises $2M

San Clemente-based medical device maker ReShape Medical Inc. has raised $2 million, according to a Securities and Exchange Commission filing.

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Seven Honored for Entrepreneurship

Members of the Orange County business community celebrated seven winners during a luncheon Wednesday for the Business Journal’s 14th Annual Excellence in Entrepreneurship Awards.

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Ingram Buys in South America

Santa Ana-based Ingram Micro Inc. said it bought businesses in Peru and Chile from Clearwater, Fla.-based Tech Data Corp., on undisclosed terms.

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Microsemi in $389M Deal

Microsemi Corp. has agreed to acquire Camarillo-based networking chip maker Vitesse Semiconductor Corp. for $389 million.

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Edwards Up on Heart Valve Studies

Irvine-based Edwards Lifesciences Corp.’s shares rose today on positive results from several studies of less-invasive heart valves.

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Peri, Olloclip Part of Amazon Launch

At least two Orange County consumer electronics makers will get prime positioning on Amazon.com Inc.’s new marketplace launched today.

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Kareo Buys San Francisco Company

Irvine-based Kareo Inc. said today that it bought San Francisco-based DoctorBase Inc. for an undisclosed amount.