OCBJ WEEKLY EDITION

Drugmaker, Back in OC, Taps Leaders

Dendreon Pharmaceuticals LLC expanded senior management with three hires and two promotions after returning its headquarters to Orange County this summer following a sale.

Pickup Family Gives Hospital $15M

Hoag Memorial Hospital Presbyterian in Newport Beach received a $15 million gift for its neurosciences institute from longtime local philanthropists the Pickup Family Foundation, it was announced at the institute’s 10-year anniversary celebration.

Auto App Makes New Lending Deal

AutoGravity Corp. in Irvine added Irvine-based Global Lending Services LLC, a sub-prime lender based in Greenville, S.C., to its car-shopping app.

OC Places More Emphasis on Integrative Care

Reports Positive 1st-Year Data, Opens More Clinics

Part of the equation of providing good care while keeping cost affordable is to bring medical care away from hospitals and into communities.

Shoemaker Lands Famous DJ for Fitness Spots

Steve Aoki, Athletes ‘I Move Me’ Campaign Stars

ASICS America Corp. in Irvine signed on Grammy-nominated DJ Steve Aoki as the face of its “I Move Me campaign” in North America.

Amazon Grows OC Presence with Buena Park Deal

Distribution Site Top Q3 Industrial Lease

Amazon hasn’t selected Orange County for its massive HQ2 project, as far as we’ve heard.

Biotech Company’s First US Presence in Irvine

Novoheart Puts Down Roots at The Cove

A Hong Kong-based stem-cell biotech company that’s tackling heart disease opened a flagship U.S. location at The Cove.

Pricespider Climbs to Bigger HQ, Doubling Space

Move to Grow Web-Insight Specialist Workforce 20%

A fast-growing software service provider for brand manufacturers has moved to a larger headquarters at the Irvine Spectrum as it preps a product launch.

OCBJ Calendar

Oct. 30-Nov. 8, 2017

This week's business and other event listings.

Business Bites

Other items of interest Orange County Business Journal Vol. 40, No. 44

St. John Knits International Inc. will cut 72 jobs in Irvine, effective Dec. 11, according to a filing with the state.

On the OC Fast Track

Fastest-Growing Cos. Use Buys to Bump Sales 44%

Orange County’s fastest growing publicly traded companies increased revenue by $16 billion in a two-year span.

First Steps for ATEP

Tustin College Campus Eyes Private-Sector Users

Tustin Legacy is doubling down on office development, and now has an eye on education and job training for the region’s next generation of tech workers.

Tease photo

Kia Runs Up Score On NBA Sponsorship

AUTOMOTIVE: Adds 3 years to deal; cites its winning results

Some things just go together: milk and cookies, Trump and Twitter, Kia and the NBA.

GG Company Grows On Tesla Product Work

GG Company Grows On Tesla Product Work

A deal with “a major electric car company in Northern California” is poised to spark substantial growth in revenue for a Garden Grove-based manufacturer of high-performance polymer products.

Smartlabs Gets Bid To IoT Big Dance

TECHNOLOGY: Coming home to Microsoft’s voice-activated assistant

Smartlabs Inc. Chief Executive Rob Lilleness entered a meeting this past summer at Microsoft Corp. headquarters expecting software development work.

Luxe Home Sales Propel New Home to New Heights

2-Year Growth of 208%; New Affordability Focus

A slowly improving U.S. housing market has boosted most large national homebuilders’ sales and bottom lines over the past few years.

Banking Foundation of First Foundation’s Growth

Bank and Wealth Manager Doubles Sales in 2 Years

First Foundation Inc. doubled revenue in the past two years, making it the fastest grower among midsize publicly traded companies in Orange County.

Irvine’s Terra Tech Still Growing Sky-High

Losses and Stigma Still Block the Stock

Terra Tech Corp.’s game plan in the budding recreational and medicinal marijuana industry aims to bring seed to sale under one roof.

‘One-Click’ Pitch for Amazon

Irvine Co. Would Fund 8M-SF Project, L-T Lease

The city of Irvine is pulling out all the stops to land Amazon’s second headquarters, including an offer from Irvine Co. to fully finance the development of the 8-million-square-foot project, which would be largely built on its Spectrum-area land.

Tease photo

Applied Medical Expands Manufacturing in Europe

OC Presence Includes 18 Buildings, 1.4M SF

Applied Medical Resources Corp. in Rancho Santa Margarita expanded its European operations this month with the opening of a 215,000-square-foot manufacturing, research and development facility at its European headquarters in Amersfoort, Netherlands.

Heeeere’s Blizzard!

Esports Arena Debuts at Johnny Carson’s Old Studio

Studio 1 looked every bit its age before the demolition crews arrived.

Tease photo

Life at Toshiba After Nuclear and Flash

Toshiba America Business Solutions Inc. has moved its North American headquarters from Irvine to Lake Forest, where executives are mapping an acquisition strategy last implemented nearly a decade ago.

Roofing Company Puts Lid On Community Need

Charles Antis was just a few years into his roofing business and still at that stage where, while the dollars were coming in, the money from each job had an outsized impact on the business’ future. So when he got a call from a desperate woman who needed her leaking roof fixed right away, he took the job.

Allergan Plans To Appeal Restasis Decision

Allergan PLC raised eyebrows last month when it announced its patent deal with an American Indian tribe in New York, transferring the rights for its eye drug Restasis to the Saint Regis Mohawk Tribe.

Tease photo

Editor’s Note: The First Local Civic 50

Since 2012, The Civic 50, an initiative of Points of Light, has recognized the 50 most community-minded major corporations in the nation each year as determined by a survey developed by True Impact. For the first time in a local market, the Orange County Business Journal presents the 2017 Civic 50 Orange County in partnership with OneOC, recognizing the 50 most community-minded small, medium, and large Orange County companies.

50 Honorees, 5 Awards in 1st Civic 50 Orange County

‘Corporate Philanthropy Is in a Renaissance’

The list in this Special Report is unusual for the Business Journal in two ways. It’s a first—the first list of local-market Civic 50 honorees in the country. And it’s likely a first Business Journal list without financials. Rightly so.

Disney’s Look at Anaheim Resulted in Game Changer

Stakeholders Helped It Identify Youths’ Needs

There are times when a simple idea leads to an unimagined result. That was the case a few years ago, when Lisa Haines Heppelmann and Jill Bolton of Disneyland Resort decided to take a closer look at how the organization invested philanthropic dollars.

BofA Spreads Its Money, Expertise Throughout OC

Thousands of Hours, Cash Donated Every Year

A financial literacy program to teach young people better money habits. Ongoing training for nonprofit leaders. A food and supplies drive for homeless military veterans, whose donations nearly reach the ceiling.

KPMG Looks Between the Lines to Help Children

Tax Firm Staff Good At Math But Give Out Books

Every few months, employees at KPMG’s Orange County office trade in their crisp suits and smart outfits for jeans and comfy shirts, turning a workplace full of accountants and tax specialists into a group of folks who look ready to head to a ballgame. And each happily pays $5 to do it.

O’Melveny Attorneys Help the Helpless at Clinics

Beneficiaries of Pro Bono Work Include Elderly, Vets

The elderly woman had made her decision. She needed to get her granddaughter out of her home. She loved the young woman dearly, but the substance abuse problems she struggled with had changed the girl into someone her grandmother no longer recognized.

OCBJ Calendar

Oct. 23-Nov. 1, 2017; Nov. 8, 2017

This week's business and other event listings.

Real Estate Deals

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

Pacific Performance Engineering sold a multioffice building to Galaxy Oil Co. for $3.8 million, or $316 per square foot.

Business Bites

Other items of interest Orange County Business Journal Vol. 40, No. 43

The University of California-Irvine said it will create a Center for Jewish Studies to bring together faculty, students, visiting scholars and members of the public interested in exploring Judaism.

Dancing Next Fall?

Deadline gone for Amazon’s HQ2. I was in London at Trafalgar Square when that city won the bid for the 2012 Olympics.

Birtcher’s New Biz Eyeing SoCal Industrial Projects

REAL ESTATE: Family biz back after Goodman stint

Birtcher Development LLC is back in business, minus the Australian accent.

Tease photo

BioPhotas Says Diabetic Wound Healing Next

HEALTHCARE: Light therapy device used for pain, aesthetics

BioPhotas Inc. in Anaheim plans to tackle the Holy Grail of perpetual, nonhealing wounds with its light therapy device Celluma.

Hines, Oaktree Buy PacSun HQ

REAL ESTATE: Retailer in 15-year lease-back

The local office of development and investment firm Hines has made another notable office acquisition in North Orange County, buying the Anaheim headquarters of Pacific Sunwear of California Inc.

Tease photo