Orange County Business Journal

OCBJ WEEKLY EDITION

Free-to-Play Blizzard Game Reaches Player High

Another game, another milestone for OC 50er Michael Morhaime and his Irvine video game publisher, Blizzard Entertainment Inc.

By Chris Casacchia May 8, 2017 midnight share »

ADDENDUM

Hybrid Apparel in Cypress launched the Love Tribe brand, a Disney princess-themed line of clothing for young women that’s available only at Macy’s department stores.

By Hannah Mitchell May 8, 2017 midnight share »

Tech Changes Way Luxury Real Estate Marketed

As high-end homebuyers become more global, luxury real estate professionals are leveraging technology to create connections with potential clients all over the world.

By Kim Haman May 8, 2017 midnight share »

OCBJ Calendar

This week's business and other event listings.

May 8, 2017 midnight share »

Irvine Device Maker to Start 12-Month Trial of Implant

Ivantis in Irvine received approval to begin a clinical trial “summit” for the Hydrus Microstent, a device designed to lower eye pressure in glaucoma patients. The trial will assess safety and effectiveness of the device in 60 advanced glaucoma patients over a 12-month period.

By Sherry Hsieh May 8, 2017 midnight share »

Kia Replaces Marketing VP With Auto Industry Vet

Kia Motors America Inc. in Irvine hired Saad Chehab as vice president of marketing communications.

By Mediha DiMartino May 8, 2017 midnight share »

Students Inventors for 3-D Printing Competition

More than 200 students will submit projects for the fifth installment of the ocMaker Challenge, which is billed as one of the few school-based 3-D printing competitions in the world.

By Chris Casacchia May 8, 2017 midnight share »

Real Estate Deals

A medical device testing company signed a 10-year lease at 9400 Toledo Way in Irvine for $4.5 million.

By Dana Truong May 8, 2017 midnight share »

UCI Looks to Add Housing for 2,300 More Students

The University of California-Irvine is pursuing plans to add another big batch of student housing to its campus.

By Mark Mueller May 8, 2017 midnight share »

T-Shirt Makers Sweat Out Appearance on Reality Show

A Placentia-based clothing-maker has gone prime time.

By Deirdre Newman May 8, 2017 midnight share »
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Monster Execs Double Down at Von Karman Towers in $87M Deal

The top two executives at Corona-based energy drink company Monster Beverage Corp. have added another office near John Wayne Airport to their growing list of local commercial real estate investments.

May 5, 2017 10:44 a.m. share »
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Newer Brand Reaches Into Past for Higher Gear

Z Supply LLC’s latest offering is a nod to Orange County’s apparel industry heritage.

By Mediha DiMartino May 4, 2017 10:25 a.m. share »
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Smart Beta Finally Looks Smart

Rob Arnott felt regret when emerging markets were plunging early last year.

By Peter J. Brennan May 3, 2017 10:14 a.m. share »
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Special Delivery for Mysterious Dreamer

The sleek design and sheer size of the latest concept vehicle developed by Gaffoglio Family Metalcrafters Inc. took center stage at a recent invitation-only unveiling at the company’s headquarters in Fountain Valley, though perhaps the more compelling story centers around its customer.

By Chris Casacchia May 2, 2017 10:50 a.m. share »
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Octane Closes Ophthalmology Venture Fund, Its First

Aliso Viejo-based technology and life sciences accelerator Octane closed its debut fund, which it launched a year ago to target opportunities in ophthalmology.

By Sherry Hsieh May 1, 2017 10:22 a.m. share »

Emmes to Put Latest OC Office Buy Center Stage

The new owners of the Main Plaza office buildings in Irvine are planning an extensive overhaul of their latest Orange County investment, even after spending nearly $200 million to buy the airport-area towers.

By Mark Mueller May 1, 2017 midnight share »

Santa Ana Lender Thrives Where Banks Fear to Tread

Peter Ribeiro decided to start US Business Funding a month before the financial markets collapsed in September 2008 to provide loans to small companies.

By Peter J. Brennan May 1, 2017 midnight share »

More is More for Home-Focused Franchiser in Orange

If it’s good-to-great to run a business, think what it’s like when yours helps a thousand other people run theirs.

By Paul Hughes May 1, 2017 midnight share »

Local Motion

HFC’s work taps its OC home base in more ways than one.

May 1, 2017 midnight share »

Home Economics

Data from Entrepreneur magazine in Irvine and franchise disclosure documents show HFC’s three concepts combined have about 1,300 franchises: 84% are Budget Blinds, 14% Tailored Living, 2% Concrete Craft.

May 1, 2017 midnight share »

SBA Loan Value Soars 40% at 30 Largest Lenders

Small Business Administration lending in Orange County grew at a torrid 40% pace in a recent six-month period while the number of loans climbed at a slower 2.4% pace, based on two lists published in this week’s Business Journal.

By Peter J. Brennan May 1, 2017 midnight share »

NY Company Closes 1960s Fullerton Plant

Melville, N.Y.-based electronics manufacturer Park Electrochemical Corp. plans to close its largest U.S. manufacturing plant, which is in Fullerton.

By Chris Casacchia May 1, 2017 midnight share »

FDA OKs Remote Monitoring Device

Monitored Therapeutics Inc. received Food and Drug Administration approval for its GoSpiro Home Spirometer, a device that measures the air capacity of the lungs and is used to diagnose asthma, chronic obstructive pulmonary disease and other breathing conditions.

By Sherry Hsieh May 1, 2017 midnight share »

Update on OC Influence

Orange County’s community of business makes plenty of waves in other markets, including Manhattan, where the Commercial Observer last week put Donald Bren on its annual Power 100 list.

By Jerry Sullivan May 1, 2017 midnight share »

Allergan Eye Device Gets FDA Nod

Allergan PLC received Food and Drug Administration approval for TrueTear Intranasal Tear Neurostimular, a device that temporarily increases tear production via electrical stimulation.

May 1, 2017 midnight share »

UCI Gets $1 Million for Rocket Program

The University of California-Irvine got a $1 million grant from Base 11, a nonprofit workforce development and entrepreneur accelerator in Costa Mesa focused on science, technology, engineering and math.

May 1, 2017 midnight share »

Streetwear Apparel Maker Acquired

Lifted Research Group Inc. was acquired by Mad Engine LLC in San Diego on undisclosed terms.

May 1, 2017 midnight share »

Del Taco Plans Return to Tennessee

Del Taco Restaurants Inc. signed a franchisee to open seven units in Tennessee in a return to the market for the fast food chain, and in Georgia, where Del Taco recently announced new franchise deals.

May 1, 2017 midnight share »
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Wanted: Most Community-Minded Companies for New OCBJ List

Is your company about much more than its bottom line? Does it also use its resources to better the Orange County community?

May 1, 2017 midnight share »

Roast Master’s Franchise Plan Starts With Good Beans

At Retail Food Group USA Inc.’s Santa Fe Springs headquarters, they offer you coffee, of course.

By Paul Hughes May 1, 2017 midnight share »

New Offerings Offer Multitude of Tasty Dishes

Hendrix at Laguna Niguel’s Ocean Ranch Village is brand-new, good-looking, very energetic and delicious.

By Fifi Chao May 1, 2017 midnight share »

PHILANTHROPY

The ninth Annual Leaders for Philanthropy Night was held on April 6 at the Shea Center for Therapeutic Riding in San Juan Capistrano.

By Kim Haman May 1, 2017 midnight share »

ADDENDUM

The Samueli Foundation gave the University of California-Irvine $30 million to help build a 100,000-square-foot facility for convergent science, or cross-disciplinary research in engineering, computing and physical sciences.

May 1, 2017 midnight share »

Auxilio Board Move Takes It Deeper Into Technology

Auxilio Inc. is pumping new energy into its board of directors—swapping in several new members in recent months, with one more to come—in an effort to get more representation by industry- and expertise-focused people.

By Sherry Hsieh May 1, 2017 midnight share »

Female Verizon Engineer Stars in STEM-for-Girls Ad

Ammara Essa, principal system performance engineer at Verizon Communications’ Irvine office, is starring in the brand’s new national TV ad.

By Mediha DiMartino May 1, 2017 midnight share »

OCBJ Calendar

This week's business and other event listings.

By Dana Truong May 1, 2017 midnight share »

New AC Hotel in Park Place Opens, Sells for $53.7M

Irvine’s newest hotel, Park Place’s AC Hotel, has a per-room value topping some of the most established hotels in the area around John Wayne Airport, based on a reading of newly filed property records.

By Mark Mueller May 1, 2017 midnight share »