Employment Agencies Post Smaller Gain Amid Job Growth
THE LIST: Combined revenue up for 3rd year; Select Staffing No. 1
Includes the 2013 OC's LARGEST EMPLOYMENT AGENCIES list for download (pdf)
Nielsen Expositions to Stay in Orange County
SERVICES: Private equity firm plans growth after $950M buy
Nielsen Expositions will keep its headquarters in Orange County and pursue strategic acquisitions under Toronto-based private equity firm Onex Corp.
New CEO for Toll Roads
Transportation industry veteran Neil Peterson has agreed to take the chief executive post of the Transportation Corridor Agencies in Irvine.
Sprint Nextel Executive Joins Mindspeed’s Board
Sprint Nextel Corp.’s product development chief has joined the board of directors of Newport Beach-based chipmaker Mindspeed Technologies Inc.
OC Jobless Rate Down to 5.7%
Orange County’s unemployment rate dropped to 5.7% last month from 6.3% in March, helped by the addition of 3,300 jobs over the month.
Universal Protection Expands Into Nevada, Hawaii
Universal Protection Service has acquired Burbank-based Sky Security Services, a deal that gives the Santa Ana-based company entry into Nevada and Hawaii.
Green Automotive Gets Stake in Electric Bike Company
Newport Beach-based startup Green Automotive Co. has acquired a 30% stake in Powabyke EV Ltd., an electric-bicycle brand owned by Metroelectric PLC in the U.K.
Universal Protection Expands Into Nevada, Hawaii
Universal Protection Service has acquired Burbank-based Sky Security Services, a deal that gives the Santa Ana-based company entry into Nevada and Hawaii.
Green Automotive Gets Stake in Electric Bike Company
Newport Beach-based startup Green Automotive Co. has acquired a 30% stake in Powabyke EV Ltd., an electric-bicycle brand owned by Metroelectric PLC in the U.K.
Strathspey Crown Taps Deutsche Bank Vet
Healthcare-focused private equity firm Strathspey Crown LLC has tapped banking industry veteran Vikram Malik as a managing partner.
Shigematsu CEO of American First Credit Union
La Habra-based American First Credit Union has named Jon Shigematsu its new chief executive.
Shigematsu CEO of American First Credit Union
La Habra-based American First Credit Union has named Jon Shigematsu its new chief executive.
Pacific Mercantile Has Q1 Loss
Costa Mesa-based Pacific Mercantile Bancorp reported a net loss of $3.2 million in the first quarter, compared with a $1.4 million profit the same time a year ago.
Opus Bank Launches Healthcare Division
Irvine-based Opus Bank has launched a division focused on providing financing to healthcare professionals.
Merrill Edge: About Half in OC Put Off Retirement
Many Orange County residents are deferring retirement as they put an emphasis on building their nest eggs, according to a survey conducted by Merrill Edge, part of Bank of America's consumer bank.
Vehicle Manufacturing Startup Plans Move to Riverside
Newport Beach-based startup Green Automotive Co. has been plenty busy lately, thanks in part to recent orders for hundreds of shuttle buses to be delivered in two years.
CJ Foods Follows Fullerton Plant With New HQ in La Palma
MANUFACTURING: Korean food maker now in Commerce
Korean food company CJ Foods Inc. plans to move its corporate headquarters from Commerce to La Palma this summer.
Link, Mazzo Set to Headline for Octane
HEALTHCARE: Co-chairs of summit on ophthalmology
A couple of high-profile vets of OC’s medical device sector have put their names behind summit
First PacTrust Swings to Profit in Q1
Irvine-based First PacTrust Bancorp Inc. swung to a profit in the first quarter, beating analysts’ estimates.
Greenlight Agrees to $75M Sale
Irvine-based mortgage lender Greenlight Financial Services Inc. has agreed to be acquired by Nationstar Mortgage Holdings Inc. in Lewisville, Texas.
Capital Bank Posts Gains
Capital Bank in San Juan Capistrano reported it tripled first-quarter net income, reaching $349,000.
Nielsen Expositions to Be Acquired
Trade show organizer Nielsen Expositions in San Juan Capistrano has agreed to be acquired by Toronto-based private equity firm Onex Corp. for $950 million.
Improving Economy Increases Demand for SBA’s 504
SBA Proposal Would Streamline Loan Application Process
SPECIAL REPORT - SMALL BUSINESS: Economic recovery spurs borrowers.
Biggest SBA Lenders Give OC Borrowers $161.3M
San Diego Nonprofit Again Tops List, Despite 11% Drop in Loans
SPECIAL REPORT - SMALL BUSINESS: Biggest SBA lenders post increase. Includes the 2013 OC's BIGGEST SBA LENDERS list for download (pdf)
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
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.
Universal Protection Buys in NY
Santa Ana-based private security company Universal Protection Service has acquired Protection Plus Security Corp. in New York on undisclosed terms.
Universal Protection Buys in NY
Santa Ana-based private security company Universal Protection Service has acquired Protection Plus Security Corp. in New York on undisclosed terms.
Commerce National Agrees to $42.9M Sale
Commerce National Bank in Newport Beach has agreed to be acquired by Spokane, Wash.-based Sterling Financial Corp. for about $42.9 million.
Opus Gets 4 CB&T Branches
Opus Bank in Irvine has agreed to acquire four branches from San Diego-based California Bank & Trust.
Opus Gets 4 CB&T Branches
Opus Bank in Irvine has agreed to acquire four branches from San Diego-based California Bank & Trust.
Solis Closes 2nd Fund With $61M
Newport Beach-based private equity firm Solis Capital Partners has closed its second fund with $61 million in commitments.
Solis Closes 2nd Fund With $61M
Newport Beach-based private equity firm Solis Capital Partners has closed its second fund with $61 million in commitments.
Leon Panetta Rejoins Corinthian Board
Leon Panetta, the former U.S. secretary of defense and head of the CIA, has been named to the board of directors of Corinthian Colleges Inc. in Santa Ana.
Yokohama Plans $300M Plant in Mississippi
Fullerton-based tire manufacturer Yokohama Tire Corp. has signed a deal to build a $300 million plant in West Point, Miss., where it will employ about 500 workers and produce about one million tires a year for commercial trucks and buses.
Yokohama Plans $300M Plant in Mississippi
Fullerton-based tire manufacturer Yokohama Tire Corp. has signed a deal to build a $300 million plant in West Point, Miss., where it will employ about 500 workers and produce about one million tires a year for commercial trucks and buses.
Insurance Brokerage Looks to NorCal
INSURANCE: Consolidation in industry opens new channels
Burnham Benefits Insurance Services Inc. is looking north for growth.
Resources Connection Names New Head
Irvine-based professional services firm Resources Connection Inc. has promoted Tony Cherbak to be its new chief executive.
Resources Connection Names New Head
Irvine-based professional services firm Resources Connection Inc. has promoted Tony Cherbak to be its new chief executive.
Kaiser Aluminum Beats Profit Estimates
Foothill Ranch-based Kaiser Aluminum Corp. reported a first-quarter profit of $33.5 million, a 26% increase year over year and well above Wall Street’s estimate of about $16.8 million.
Pacific Premier Bancorp Sees Profit Decline
Irvine-based Pacific Premier Bancorp Inc. reported decreased net income for the first quarter, with a total of $2 million, compared with $2.7 million in the year-ago period.
Pacific Mercantile Bank Gets New Chief Executive
Costa Mesa-based Pacific Mercantile Bancorp has named Steven Buster the new president and chief executive of the company and its subsidiary, Pacific Mercantile Bank, following the retirement of founding president and CEO Raymond Dellerba.
CommerceWest Bank Sees Growth
Irvine-based CommerceWest Bank reported net income of $1.5 million for the first quarter, more than double its year-ago profit of $583,000.
Fiber Optic Manufacturer Expanding
Glenair Inc., a maker of electrical and fiber optic connectors in Glendale, leased an industrial facility in Anaheim for manufacturing operations, with plans to hire up to 300 workers.
OC’s Jobless Rate Falls to 6.3%
Orange County added 5,100 jobs in March, bringing the unemployment rate down to 6.3% from the month-earlier reading of 6.6%.
Plaza Bank Q1 Profits Up
Irvine-based Plaza Bank more than quadrupled its first-quarter profit, which totaled nearly $1.3 million.
Irvine Chamber to Think Hong Kong
ECONOMIC DEVELOPMENT: The Irvine Chamber of Commerce has reserved a spot in line when it comes to attracting investments from China
CFOs’ Post-Recession Challenge: How to Spend
Real Estate, IT, New Hires on Shopping Lists
SPECIAL REPORT - CFOs: The return of spending
Q&A: Then and Now
The Business Journal’s Jane Yu asked six chief financial officers to talk about the hurtles their companies faced during the recession, and the challenges that come with recovery.
SPECIAL REPORT - CFOs: Q&A: recession’s lessons, recovery’s challenges.
Manufacturing CFOs Lean Into Unique Challenges
“Reshoring,” Demands for Cost Controls Drive the Trend
SPECIAL REPORT - CFOs: CFOs at manufacturers get closer to action
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