MANUFACTURING
Kaiser Buys in NJ
Kaiser Aluminum Corp. in Foothill Ranch bought Columbia, N.J.-based 3D metal printer Imperial Machine & Tool Co. on undisclosed terms.
Allergan to Buy NB’s Bonti
Allergan PLC announced it will buy Newport Beach-based Bonti Inc. for $195 million.
Rossignol Picks Global Bike Chief
Rossignol Group, a French maker of ski, snowboard and biking products, named Scott Rittschof to a new position as senior vice president of its global bicycle business, based in Irvine.
Avid Beats on Lower Revenue
Tustin-based Avid Bioservices Inc. (Nasdaq: CDMO) reported fiscal first-quarter revenue fell 54% to $12.6 million from the same period a year ago but the figure topped analyst estimates and the company reaffirmed full year revenue guidance in a range of $51 million to $55 million.
Hybrid Apparel Names President
Cypress-based Hybrid Apparel promoted David Lederman from chief operating officer to president.
August Auto Sales Mixed
Sales were mixed for OC automakers last month.
5.11 Tactical Names CEO
Francisco Morales has been named chief executive of 5.11 Tactical, the Irvine-based maker of apparel and gear for soldiers, firefighters and police officers.
Rox Names CEO
San Clemente-based Rox Medical Inc. appointed Mike MacKinnon as chief executive. He came from Philips N.A. where he was head of sales for image guided technologies.
NAMM, NAPEW Re-Up in Anaheim
Visit Anaheim said OC's two largest tradeshows by attendance—National Association of Music Merchants and Natural Products Expo West—have booked their slots at Anaheim Convention Center through 2023 and 2022, respectively.
Photo Prints E-commerce Co. Buys Again
Huntington Beach-based MailPix Inc. bought PrintShopLab, the printing unit of Denver-based Photobucket Corp., on undisclosed terms.
Nicholas Hires Top Defense Firm
Broadcom cofounder and billionaire philanthropist Henry Nicholas III has hired one of the most prolific, and high-profile defense attorneys in Nevada after his arrest late Wednesday night on suspicion of trafficking heroin, methamphetamine, ecstasy and cocaine.
Biolase Gets New CEO
Irvine-based Biolase Inc. (Nasdaq: BIOL) on Aug. 8 named Todd Norbe president and chief executive.
Cannabis Company Grows Revenue, Margins
Terra Tech Corp. (OTC: TRTC) said quarterly revenue increased 11% to $8.7 million, year-over-year, but net loss also increased, to $11.4 million from $500,000.
Orange Coast Auto Group Buys South Coast Acura
Costa Mesa-based Orange Coast Auto Group acquired South Coast Acura in Costa Mesa for an undisclosed sum on Thursday.
Alteryx Up
Shares in analytics software maker Alteryx Inc. rose on its quarterly report, which included higher sales that beat expectations.
