OCBJ SPECIAL REPORTS
ECONOMY: Potential for gain; post-recession mindset required
Orange County’s economy looks good as it heads into 2014.
Cloud spending, including services and data center infrastructure, will surge 25% in 2014, topping $100 billion.
Developers involved with converting Orange County’s two big former military bases into commercial projects finally look likely to put the remnants of the last downturn behind them.
It should be a healthy year for Orange County hotels.
Orange County’s 2014 healthcare news is likely to continue to have a hospital flavor as healthcare reform begins its first full year of operation.
Banks may face “fiercer” competition in 2014 as an improving economy fuels more business spending.
Cool logos on T-shirts helped shape many action-sports companies here—and that’s still big business—but pressures from street and fast-fashion brands will remain hurdles for companies looking to break out of the “core” market and compete globally.
Orange County marketers will no doubt continue to increase their focus on digital marketing to connect with consumers who are increasingly tethered to their smartphones.
New Energy Gets OC Back to Old Normal
Enough of all that talk about a “new normal” in the wake of the recent recession.
It was a year of construction, home sales and political victories for Emile Haddad, developer of Great Park Neighborhoods in Irvine.
Our pick of Richard Afable was stoked by the fact that he was starting a new job this year—becoming the initial president and chief executive of Covenant Health Network in Irvine.
Steven Sugarman was named chief executive of First PacTrust Bancorp Inc. a year ago, a role he took on with the goal of growing and integrating the thrift company into a commercial bank.
The drama surrounding the sale of Irvine-based Billabong USA’s Australian parent dragged on for a couple of years, and perhaps its greatest fallout came with the August departure of former Americas President Paul Naudé.
We placed Irvine-based Specific Media LLC on our watch list last year as it prepared for the official relaunch of the social network Myspace, which the Irvine-based online advertising company bought for $35 million in 2011.