Orange County Business Journal

MANUFACTURING

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

Data as Driver

San Clemente Software Company ‘Owns Desktop at Dealership,’ Passes $200M in Revenue

DealerSocket wants to be the Amazon.com for the automotive sector.

Alphaeon Pays $59M for Device Maker

HEALTHCARE: Adds software firm on undisclosed terms

Alphaeon Corp. keeps on making deals.

Software Maker Raises $15.5 Million

Irvine-based Numecent received $15.5 million in Series B funding that included $4.5 million from a previous investor.

SJC Socks, Apparel Brand Acquired

St. Louis-based Shoes.com acquired socks and apparel brand Richer Poorer Inc. in San Juan Capistrano on undisclosed terms.

Innocean Crafts Ads for Hyundai’s Super Bowl Return

Carmaker Plans 4 Spots As NFL Auto Sponsor

InnoceanUSA in Huntington Beach is already working behind the scenes on Super Bowl ads for Hyundai Motor America Inc.

Startup Capitalizes on Other Offerings’ Weaknesses

Cirruspath Targets $10M In Sales With Tidying App

An Irvine startup is getting strong demand from companies it says are frustrated with the functionality of salesforce.com and other customer relationship-management products.

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Action Apparel Firm Names Exec

Lost Holdings in Irvine selected former Rip Curl executive Rick Petri as president, a new position.

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Microsemi Ups Bid for Chipmaker

Aliso Viejo-based chipmaker Microsemi Corp. increased its bid for PMC-Sierra Inc. this morning to roughly $2.39 billion.

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ICU Medical Shutters Slovakia Plant

San Clemente-based ICU Medical Inc. will close its manufacturing plant in Vrable, Slovakia, and cut 265 jobs, according to a Securities and Exchange Commission filing.

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Irvine Cloud Service Gets $15.5M

Irvine-based Numecent received $15.5 million in Series B funding that included $4.5 million from an investor from a previous round.

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Alphaeon to Buy Laser Maker

Irvine-based Alphaeon Corp. said today that it would buy Lensar Inc. for up to $59 million.

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Kia to Recall Soul Vehicles

Kia Motors America Inc. in Irvine is recalling 256,459 Kia Soul and Soul EV vehicles, citing the potential for loss of steering, according to the National Highway Traffic Safety Administration.

Mobilitie's Move

$325M in Funding, Hiring Spree Point to National Network of Small Cell Base Stations

A just-completed $325 million fundraising deal for Mobilitie LLC comes as the Newport Beach-based wireless infrastructure company is gearing up for what it is calling the “largest network deployment initiative in the U.S.”

China-Based Builder Gets 96 Acres in Lake Forest

REAL ESTATE: Pegged for 626 homes; deal estimated at $190M

A China-based homebuilder looking to diversify its operations into the U.S. has bought a big development site in Lake Forest.

Joint Venture Puts New Light on WD in China

TECHNOLOGY: Follows sale of stake to same company

Western Digital Corp.’s ongoing push into more lucrative storage products geared for corporate customers got a boost last week in another deal with China-based information technology provider and electronics manufacturer Unisplendour Corp.