Orange County Business Journal

WEEKLY EDITION

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Rolls-Royce to Buy Huntington Beach Maker of Engine Parts

AEROSPACE: Wants tech for lighter components

Aerospace and defense manufacturer Rolls-Royce PLC has acquired a Huntington Beach-based parts supplier in its first acquisition in Southern California.

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$950M for Nielsen Expositions in South County

Trade show organizer Nielsen Expositions in San Juan Capistrano agreed to be acquired by Toronto-based private equity firm Onex Corp. for $950 million.

La Jolla Group Names New Chief Executive

Irvine-based apparel licensor La Jolla Group Inc. last week named a new chief executive from within the company’s ranks, an appointment that took effect immediately.

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Faster Customs Clearance at John Wayne

International passengers arriving at John Wayne Airport now have the option of participating in the U.S. Customs and Border Protection’s Global Entry program.

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ADDENDUM - May 13, 2013

Other news items of interest from the Orange County Business Journal

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Economic Recovery Shows in Coastal Luxury Sales

Homes, Lots Move Faster, Closer to Asking Prices

LUXURY HOMES Column by Kim Haman

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Oakley’s Not Just About Sunglasses—Or Men

APPAREL: Campaign for training gear targets females as growth market

Executives at eyewear and apparel maker Oakley Inc. hope to grow women’s apparel sales with a focus on activewear and a new side to the company’s bold attitude.

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Mobilitie: Bringing 4G Wireless to a Venue Near You

TECHNOLOGY: Sold most traditional cellphone towers

Mobilitie LLC made its first major windfall by improving wireless coverage across the country, one cellphone tower at a time.

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CALENDAR - May 14-22 and June 4, 2013

A listing of events happening all around Orange County.

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FDA Committee Recommends Allergan Face Filler

Says Nonbinding Nod Figures in Final Decision

Allergan Inc. is a step closer to expanding its lower-face filler lineup, in Healthcare

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Sanuk of Irvine Names PR Agency of Record

Company Will Launch Marketing Campaign

MWW is now the public relations agency of record for Irvine-based footwear manufacturer Sanuk, in Media & Marketing

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Western Digital Keeps Biggest Disk Drive Maker Title

Still Has Narrow Edge Over Rival Seagate

Western Digital Corp. held on to its title as the world’s largest drive maker in terms of units sold and overall revenue, in Technology

REAL ESTATE DEALS - May 13, 2013

Sales and leases of offices, industrial buildings, retail space and apartments

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High-Rise Office Vacancies Continue to Fall

REAL ESTATE WATCH: HIGH-RISE OFFICE MARKET

High-rise office vacancies continue to fall

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$5.6M Per Acre for Land Parcel in Newport Center

Cost One of Highest Per Acre For Homes in Years

The New Home Co., development partner pay top dollar for land slated to hold the Meridian project, in Real Estate

OC 50: Real Estate

SPECIAL REPORT - OC 50 - New faces of influence: Real Estate

OC 50: Finance

SPECIAL REPORT - OC 50 - New faces of influence: Finance

OC 50: Technology

SPECIAL REPORT - OC 50 - New faces of influence: Technology

OC 50: Healthcare

SPECIAL REPORT - OC 50 - New faces of influence: Healthcare

By the Numbers - Buena Park Businesses

Buena Park has more than 1,300 businesses, and they collectively employ nearly 24,000 people. Includes analysis, charts and figures.

OC 50: Education

SPECIAL REPORT - OC 50 - New faces of influence: Education

OC 50: Apparel

SPECIAL REPORT - OC 50 - New faces of influence: Apparel

OC 50: Services

SPECIAL REPORT - OC 50 - New faces of influence: Services

OC 50: Manufacturing

SPECIAL REPORT - OC 50 - New faces of influence: Manufacturing

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Back to the Future?

MSC Software’s Apollo Program Legacy, Modern Challenges

MSC’s move to Newport Beach later this year will be latest step by Dominic Gallello to cut costs, improve efficiencies

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No End in Sight as Olson Starts in Spectrum

Hotel Developer Also Eyes Old City Hall in Newport Beach, Pacific City in HB

Olson's pipeline could become a lot busier. It’s eyeing several other area sites for hotel development, including an adjacent site in the Spectrum.

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$875M Shopping List for Irvine Co.?

REAL ESTATE: Mortgage package on prime offices hints at more buys

An $875 million financing deal for the Irvine Company provides a rare glimpse into the operations and balance sheet of Orange County’s dominant office landlord.

Behind Simon’s Buyout: New Target for RSI’s Cabinet Operations

MANUFACTURING: Deal signals push into high end of home market

Ron Simon’s recent buyout of the private equity firm that owned half of his RSI Home Products Inc. did more than double his holdings in the Anaheim-based cabinet maker.

FivePoint’s New Amenity for Great Park: Momentum

REAL ESTATE: Hot start for land sales; 2nd phase under way

A land sale that brought in close to $200 million has FivePoint Communities Management Inc.’s Emile Haddad thinking about the second phase of development at the Great Park Neighborhoods in Irvine.

Reddam’s Derby Dibs: $40M; 51st Just as Special for Argyroses

OC INSIDER Column by Jerry Sullivan

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Swiss Equipment Maker Expands With Cypress Hub

REAL ESTATE: 10-year lease, OC consolidation part of plan

Cavotec plans to expand its West Coast manufacturing operations after inking new industrial lease

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TYR Looks to US Water Polo Deal for Summer Hit

APPAREL: Swim label aims to build on last year’s $80M in sales

Performance swimsuit maker TYR Sport Inc. hopes to make a splash this summer with new water polo and training gear lines that will arrive as a branded sports drink rolls out.

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Yokohama to Start US Tire Production

MANUFACTURING: HQ in Fullerton to oversee $300M plant

Fullerton-based Yokohama Tire Corp. is building a manufacturing plant in West Point, Miss., where it expects to make about a million tires a year

Allergan Boss Questions Critics’ Math on Clinical Trial

HEALTHCARE: Downplays Darpin delay, high on Levadex

Allergan Inc.’s chief executive is optimistic about the prospects for its newly acquired acute migraine headache drug, despite a regulatory setback.

Hager Pacific to Texas Border for Industrial Deal

REAL ESTATE: 16 buildings in cities at opposite ends of state

Hager Pacific Properties’ search for industrial property investments with strong upside potential has taken the company to a pair of Texas cities next to Mexico.

Leon Panetta Rejoins Corinthian Board

Former U.S. Secretary of Defense Leon Panetta has been named to the board of directors of Corinthian Colleges Inc. in Santa Ana.

Universal Protection Buys in New York

Santa Ana-based private security company Universal Protection Service last week acquired Protection Plus Security Corp. in New York on undisclosed terms.