MANUFACTURING

Karma Unwraps Concept Car

Karma Automotive in Irvine is ready with a version of a new vision: its SC1 Vision concept car.

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FDA Discloses Edwards Recall

Shares of Edwards Lifesciences Corp. were down 3.5% in midday trading Thursday, after the Food & Drug Administration said the company had recalled part of a transcatheter heart valve system made since last year.

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Masimo Invests in German Firm

Irvine-based Masimo (Nasdaq: MASI) invested in Würzberg, Gemany-based TNI Medical AG.

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KushCo Adds Cannabidiol

KushCo Holdings Inc. (OTC: KSHB) plans to add cannabidiol distribution to its slate of products and services.

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Parcel Pending: New President

Irvine-based Parcel Pending named former Greenwave Systems CEO Greg Memo its president, replacing Brad Farmer.

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Alteryx Names New CMO

Irvine-based data analytics company Alteryx Inc. (Nyse: AYX) hired Amy Heidersbach as chief marketing officer to help fuel further growth.

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UCI Health CEO to Masimo

Richard Gannotta is stepping down as Chief Executive of University California—Irvine Health System to take an executive position at Irvine device maker Masimo.

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Rocket Lab: We Can Re-Use Electron Launcher

Rocket Lab of Huntington Beach has presented plans to recover and re-fly the first stage of its Electron launch rocket, eventually capturing the vehicle by helicopter in mid-air.

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Alteryx Plans to Offer $700M in Convertible Notes

Irvine-based data analytics software maker Alteryx (Nyse: AYX) intends to offer $350 million of convertible senior notes due 2024 and $350 million of senior convertible notes due 2026, the company said in a statement today. Some of the proceeds may be used for acquisitions.

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Irvine Warehouse Could Be Seized

COWORKING: CubeWork’s first OC location in doubt

The future of Orange County’s first big coworking site for warehouse users appears to be in flux, after the owners of the prominent building in Irvine that’s home to the shared-space facility were caught up in a federal tax evasion scheme that made national headlines last week.

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Avid Names Former Pfizer Exec to Board

Avid Bioservices Inc. (Nasdaq: CDMO) in Tustin named Catherine Mackey, former Pfizer Inc. vice president of global research and development, to its board.

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Anduril Protecting USMC Bases

Palmer Luckey’s surveillance startup Anduril Industries nabbed a $13.5 million contract to expand services on four U.S. Marine Corps bases.

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Hyundai Goes Long on NFL

Hyundai Motor America in Fountain Valley will sponsor the NFL’s Tampa Bay Buccaneers.

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Pool Goods Maker in Big Lease

P&P Imports LLC leased 132,545 square feet in the Irvine Business Complex.

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JD Power Sold

Costa Mesa consumer data company J.D. Power was bought by private equity investor Thoma Bravo, in Chicago, on undisclosed terms.

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