Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Nutrients Maker to Chicago PE Firm

Orange-based Merical Inc. has been acquired on undisclosed terms by private-equity firm Linden Capital Partners LLC in Chicago.

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Kiani Co-Leads $24M Investment

Masimo Corp. Chief Executive Joe Kiani co-led a $24 million equity investment in Stereotaxis Inc. that could be worth as much as $50 million.

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Mazda Ad Shop CCO Departs

The chief creative officer of Mazda North American Operations’ advertising agency of record, Garage Team Mazda in Costa Mesa, has “chosen to leave his position to pursue other interests,” according to the Irvine-based automaker.

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Allergan Study: 1,563 OC Jobs, $307M Payroll

Allergan Plc’s local operations provide 1,563 jobs here with a combined payroll of about $307 million, based on the company’s average salary statewide, an economic impact study said.

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Auto Show Makes Room for Trucks

This year’s Orange County International Auto Show will occupy 25% more room at the Anaheim Convention Center for its Oct. 6-9 run.

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Carrick Capital Buys in Philadelphia

Carrick Capital Partners in Newport Beach has invested $50 million in InstaMed in Philadelphia.

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Online Retailer to Open South Coast Plaza Pop-Up Store

Irvine-based menswear company Combatant Gentlemen next month plans to open a pop-up store at Bloomingdale’s in South Coast Plaza that will remain open throughout the holiday season.

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OCTANe, OC Tech Group to Merge

OCTANe in Aliso Viejo will merge with Orange County Technology Alliance in Mission Viejo.

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Port of Long Beach Gets Interim Chief

The Board of Harbor Commissioners appointed Duane Kenagy interim chief executive at the Port of Long Beach to replace Jon Slangerup, who is leaving Oct. 28 to become chief executive of an aviation technology company in Canada.

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Microsemi’s Peterson to Chapman Board

Chapman University said Microsemi Corp. Chairman and Chief Executive James Peterson has been elected to its Board of Trustees.

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Greenwave Buys Predixion

Irvine-based smart technology provider Greenwave Systems Inc. bought Predixion Software in Aliso Viejo on undisclosed terms.

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Abbott Optics Unit to J&J for $4.3B

Johnson & Johnson in New Brunswick, N.J. will buy Abbott Medical Optics in Santa Ana for $4.3 billion in cash. The deal is expected to close early next year.

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Aerie to Offer $125M in Stock

Aerie Pharmaceuticals Inc. plans to offer $125 million in stock next week.

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Mapping Software Maker Draws $36M

Irvine-based Digital Map Products, a provider of cloud-based spatial technology, has secured more than $36 million in funding, the company said today.

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Allergan Buys Derma Firm for $639M

Allergan Plc will buy Vitae Pharmaceuticals Inc. for about $639 million.