Orange County Business Journal

MANUFACTURING

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

Lenders Buy Laptop Accessories Maker

Anaheim-based Targus Group International Inc. was acquired by its lenders for an undisclosed amount in a foreclosure sale on Feb. 1.

OC Broadcom Office Bears Brunt of Cuts

San Jose-based Broadcom Ltd. will slash nearly 700 employees in Irvine as part of a nationwide cost-cutting plan under Chief Executive Hock Tan.

CareTrust Ups Credit, Pays Off Debt, Buys Properties

Wants to Focus on Buys Pipeline Without Equity

San Clemente-based CareTrust REIT Inc. is keeping itself busy as February unfolds by reworking its credit, paying off debt and making deals.

Opus Hires NY Firm to Fill Niche on Smaller Loans

On Deck To Help Bank Maximize Position

Opus Bank in Irvine signed a marketing and referral agreement with New York-based On Deck Capital Inc., whose financing products focus on small businesses.

California Fantasy Sports Regulation Bill Advances

Would Introduce Player Vetting, Operator Licenses

Daily fantasy sports operators and fans in California notched a big win at the state legislature late last month that would pave a path to regulating a booming segment of the gaming world.

Construction Still Behind Market Demand

More than a million square feet of new commercial space was delivered in Orange County’s industrial market last year, surpassing the 958,241 square feet recorded in 2014.

Broadcom’s Campus Moves Forward on Piecemeal Basis

Not Everything in Works In First Phase of Campus

Recent job cuts at Broadcom Corp.’s local operations following its sale to Avago Technologies Ltd. appear to fall in line with the construction seen so far at the chipmaker’s new office campus being built at Great Park Neighborhoods in Irvine.

Swell Move for Global E-Commerce Operation

RETAIL: OC-grown brand lends name to parent in strategic shift

Swell is about to hit the Asia-Pacific and European markets.

Tease photo

Big Job Cuts at Broadcom

San Jose-based Broadcom Ltd. will slash nearly 700 employees in Irvine as part of a nationwide cost-cutting plan under Chief Executive Hock Tan.

Tease photo

Laptop Accessories Supplier Acquired

Anaheim-based Targus Group International Inc. was acquired by its lenders for an undisclosed amount in a foreclosure sale on Feb. 1.

Deckers moves Sanuk to its Goleta HQ

Deckers Outdoor Corp. said it will move Irvine-based sandal maker Sanuk USA LLC to Deckers’ headquarters in Goleta to help “streamline brand operations and reduce infrastructure costs.”

Georgia-Pacific to Close BP Plant

A 465,000-square-foot corrugated box-producing plant in Buena Park run by Atlanta-based Georgia-Pacific LLC will close by Sept. 1, the company said.

Fox Head to Shift Workers from NorCal

Fox Head Inc. in Irvine said it plans to close its offices in Morgan Hill in Santa Clara County in June and relocate its finance, IT and sales operations to the motocross apparel and accessories manufacturer’s headquarters in Irvine.

PE Firm Acquires Canadian Companies

Windjammer Capital Investors, a private investment firm in Newport Beach, added two Canadian companies to its portfolio. Terms weren’t disclosed.

JetSuite Makes Long Pass in Super Bowl Empties Deal

Marks Anniversary With $50 Flights for Charters

Irvine-based JetSuite Inc., the fourth largest private jet charter company in the U.S. based on hours flown, marked Super Bowl 50 by offering $50 “Suite-Deals”—its empty flights on Feb. 6 and 7 were sold for $50. Clients pay $3,000 to $6,000 an hour on average for the charter, depending on jet size.