Orange County Business Journal

MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Mobile Accessories Maker Buys Again

Incipio Group in Irvine acquired Nashville-based competitor Griffin Technology on undisclosed terms.

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Autobytel Q2 Sales Up 19%

Autobytel Inc. in Irvine beat Wall Street expectations for revenue for its second quarter that ended June 30.

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Skullcandy Touts Incipio’s Bigger Bid

Incipio LLC upped its offer to buy Skullcandy Inc. from $5.75 per share to $6.10 per share, or approximately $188.6 million, according to the Irvine-based maker of cellphone cases and other mobile device accessories.

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Most Local Car Makers Best U.S. Pace

Three out of four Orange County-based automakers exceeded the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.

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OCTANe in Med Device Pact

Aliso Viejo-based OCTANe and the Boston-based Massachusetts Medical Device Industry Council will work together to build awareness of emerging med-tech companies for investors in Orange County and Boston.

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Pyott, Kiani in $13M Investment

David Pyott and Joe Kiani were part of a $13M Series A funding round for Bioniz Therapeutics Inc. in Irvine and both joined its board, with Pyott being named chairman.

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Smoothie Products Maker Sold

Fullerton-based Dr. Smoothie Brands has been acquired on undisclosed terms by Bevolution Group in Chicago.

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Skullcandy Nixes Incipio Offer

Irvine-based Incipio LLC’s bid for Skullcandy Inc. was rejected by the audio equipment manufacturer’s board of directors, in favor of a “superior proposal.”

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New Global Brand Boss for Vans

Vans Inc. in Cypress promoted Doug Palladini to global brand president, effective immediately.

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$400M for 5.11

Compass Diversified Holdings LLC in Westport, Conn. acquired 5.11 Tactical in Irvine for $400 million.

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WD Sales, Profits Down

Irvine-based Western Digital Corp. reported lower annual sales and adjusted profits.

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Electronics Maker Makes Buy

Infinite RF Holdings Inc. in Irvine bought on undisclosed terms L-Com Inc., a maker of custom computer networking equipment in North Andover, Mass.

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Volcom Down in First 6 Months

Costa Mesa-based Volcom Inc. posted $121.8 million in revenue for the first half of 2016, a 14.9% decrease compared to the same period last year, according to Kering, its Paris-based parent.

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Mazzo to German Device Maker

Jena, Germany-based Carl Zeiss Meditec AG said today that veteran Orange County medical device executive James Mazzo will be its new global president of ophthalmology.

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WD Leads VC Round

Irvine-based Western Digital Corp. co-led a $77 million funding round for a Redwood City startup with noted Silicon Valley venture capital firm Kleiner, Perkins, Caufield and Byers.