Jane Yu covers finance, education, manufacturing and professional services for the Orange County Business Journal. She can be reached at firstname.lastname@example.org.
Orange County employers added 9,800 jobs in March, helping drive down the unemployment rate to 4.4%.
Madison Risk & Insurance Services in Huntington Beach has been acquired by Itasca, Ill.-based Arthur J. Gallagher & Co. on undisclosed terms.
Irvine-based Plaza Bank posted $1.6 million in first-quarter profit, down about 5% from the same period a year ago.
Los Alamitos-based Alliance Spacesystems LLC, which manufactures composite structures for the aerospace industry, was acquired by SolAero Technologies Corp., an Albuquerque, N.M.-based solar panels maker.
FINANCE: ‘Cause-themed’ portfolios include big givers
Pacific Life Insurance Co. has rolled out a research subsidiary that’s targeting younger people with the prospect of adding an element of social consciousness to their portfolios.
Quick Bridge Funding LLC, an alternative lender specializing in short-term financing, has moved its headquarters from Orange to Irvine, taking 17,000 square feet at Market Place Center.
American Vanguard Corp., a Newport Beach-based maker of specialty chemicals and agriculture products, has acquired the European insecticide business assets of Adama Agricultural Solutions Ltd.
Drugmaker’s Sale Brings Much of Big Lift; Edwards, Broadcom Chip In; HCP Moves In
Orange County’s 100 biggest public companies combine for more than $207 billion in market capitalization, a gain of 62% from a year earlier.
ECONOMY: Revenue, job growth seen; view on earnings stable
Local company executives continued a recent run of optimism about the economy and their own business prospects going into the second quarter, according to the latest index published by California State University-Fullerton’s Mihaylo College of Business and Economics.
Newport Beach-based Alliant Insurance Services Inc. has acquired North Idaho Insurance LLC on undisclosed terms.