OCBJ WEEKLY EDITION

Spy Satellite Work Boosts Rocket Lab

HQ Move to Long Beach in Midyear

Small-satellite launcher Rocket Lab, which recently said it’s moving operations about 10 miles from Huntington Beach to a spot near Long Beach Airport, sees a future in national security missions like the one it’s carrying out for the U.S. spy satellite agency.

STARTUPS & INNOVATIONS

UCI Beall Applied Innovation has brought on David Gibbons as director for industry sponsored research.

Experian’s In-House Team Tags Wrestler Cena for Ad

Cooler’s Views: Purple Cows, Stalled Vehicle

Experian North America’s latest campaign to bring attention to a new credit-enhancing product is shining some light on the financial services giant’s 2.5-year-old in-house ad agency.

Wanted: Best Places to Work For OCBJ’s 2020 List

CALL FOR ENTRIES: Website to take entries through March 6

Is your workplace great?

Antonello’s 40 Years of Farm-to-Table

Cagnolo’s Spot Draws Stars, Rave Reviews

Carter was president, gas was 86 cents a gallon, a new sports-focused TV channel called ESPN launched.

Lit Up

Hidden Gem at 91 Freeway

Virtually buried in a strip mall off the (91) Freeway on Tustin Avenue in Anaheim is Lit Café, open for breakfast and lunch on weekdays and brunch on Saturdays.

OCBJ Calendar

Feb. 3-12, 2020

This week's business and other event listings.

JenaValve Earns ‘Breakthrough’ Device Nod from FDA

Can Move Quickly Into Clinical Trials

Irvine-based JenaValve Technology Inc. crossed a major hurdle when its transcatheter aortic valve replacement (TAVR) device for severe aortic regurgitation (AR) and AR-dominant mixed aortic valve disease was declared a “breakthrough device” by the Food and Drug Administration.

MemorialCare Opens South County Center

Rancho Mission Viejo Health Site Runs 26K SF

It’s not just housing that’s growing in the South County master-planned community of Rancho Mission Viejo.

Top Dog

Chihuahua Builds Brewing Base In SoCal, Plans National Expansion

Niche microbrewer Chihuahua Cerveza bids to go national

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OCBJ INSIDER

Quarterback Keeper

Steinberg, Mahomes, and Big Games

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Fast Funds, Fast-Grower: $85M for Sonendo

MEDTECH: Root canal alternative eyes expansion

From the guys who brought OC Glaukos

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Changes Hit Hurley After Sale

APPAREL: Athletes dropped before Tokyo

New owner cuts sponsorship, workers

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Healthpeak Brings Development Push to San Diego

REITS: Plans trophy life science campus

Irvine-based Healthpeak Properties Inc., Orange County’s third-largest public company with a market capitalization topping $18 billion, is adding a new prime life science campus to its already sizeable San Diego-area portfolio.

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Anaheim’s Sheraton Park Sells for $51M

HOSPITALITY: Latest change to convention area

One of Orange County’s largest hotels, located on the Anaheim Convention Center campus, is set for a facelift after a recent sale.

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Meet Me By the Pool

Groups: More Water, Wellness; Less Stuffy

When ESPN chose Newport Beach’s Resort at Pelican Hill to host its annual three-day Women and Sports Summit last year, it wasn’t the guest rooms, ballroom or conference spaces that sold the Walt Disney Co.-owned global broadcaster on the venue.

Meeting Space Totals to Rise 6%

2 Luxe Hotels On Way in Anaheim

Hotel developers in Orange County are committing heavily to groups and convention-goers.

My Biggest Regret: That Corner Lot in Anaheim

I am sure that we have never met, but your article in the Orange County Business Journal, “How Walt Disney Picked Anaheim,” triggered a great many memories of myself at that particular time.

Biophotas’ Growth Lighting Up

HEALTHCARE: Light therapy firm does $10M, expects more

The future looks bright for Anaheim’s Biophotas Inc., a leading light in Orange County’s growing aesthetics industry.

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Defense Drive For New L Squared Unit

AEROSPACE: $60M war chest could increase

Derek Coppinger, the newly appointed chief executive of Raptor Scientific LLC, is pursuing an aggressive rollup strategy of small to midsize companies to consolidate the testing and measurement sector of the aerospace and defense industry for his recently formed company’s owners, Newport Beach-based investment firm L Squared Capital Partners.

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Wanted: Best Places to Work For OCBJ’s 2020 List

CALL FOR ENTRIES: Website to take entries through March 6

Is your workplace great?

Razer Adds in OC; SF Office Closed

Singapore, Irvine Now ‘Dual Headquarters’

Video game products maker Razer Inc. is building up its Irvine office after announcing the closure of its San Francisco outpost and making the Orange County spot its domestic headquarters.

Panasonic Avionics Ups Air Entertainment Experience

Lake Forest Firm Explores Console Gaming

Lake Forest-based Panasonic Avionics is doing its part to improve air travel—at least in terms of in-flight entertainment options.

Obey Clothing Building In Irvine Sells

Mirror Co. Expanding; Leases IBC Industrial Site

A nearly 80,000-square-foot industrial building near John Wayne Airport, last used by Obey Clothing and owned by an investor with ties to the maker of urban-styled clothes, has a new owner and a new tenant.

True Family Sells Newport Beach Office

$463 PSF for Back Bay Property

First luxury homes, now a luxury office.

From Fast Food to American Cuisine

Kenwood’s Kitchen & Tap Opening in Costa Mesa

Ken Kenwood, a longtime In-N-Out Burger Inc. exec with 30-plus years at the famed Irvine restaurant chain, is striking out on his own to open an American cuisine concept in Costa Mesa.

Avid Names New Commercial Officer

Analysts Expect 25% Sales Growth in 2020

Tustin-based contract drugmaker Avid Bioservices Inc. named Timothy Compton chief commercial officer this month.

Masimo Pays $47M For NantHealth Unit

Soon-Shiong Praises Co. As ‘Best’ of Type

Masimo Corp. (Nasdaq: MASI), the Irvine-based maker of noninvasive medical monitoring equipment, will purchase the assets of Culver City-based NantHealth’s Connected Care business for $47.3 million cash.

STARTUPS & INNOVATIONS

Dog food maker Cali Raw Nutrition is ringing in the new year with new products, including two formulas for puppies and older dogs, in addition to raw bone treats and a salmon oil supplement.

Philanthropy

Allergan’s Irvine-based charitable arm, the Allergan Foundation, awarded a total of $10 million in charitable grants in 2019.

OCBJ Calendar

Jan. 27-Feb. 5, 2020

This week's business and other event listings.

OC: The New Face of Booming Aesthetics Industry

Conference Draws Crowds; New Focus for Allergan’s Irvine Hub

Orange County has developed into a world-renowned leader in the medical device industries for heart valves and ophthalmology.

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PacSun HQ Trades Hands for $44M

REAL ESTATE: 63% jump in price since ’17

The Anaheim headquarters for teen and young adult fashion retailer Pacific Sunwear of California Inc. has sold in a $44 million deal.

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OCBJ INSIDER: Rinker’s Recollections

The new Star Wars: Galaxy’s Edge ride, Rise of the Resistance, made its debut over the weekend, largely to rave reviews (see our front-page story).

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Syntiant Gets Word Out On Next-Gen Chips

CHIPMAKERS: CEO Busch courts new investors for 2020

... and that word is 'ubiquitous AI'

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Irvine’s Atrium Office Tower Wrapping Up Renovation

$14M Project Includes New Concepts, New Look

A notable office building along Von Karman Avenue in Irvine is getting a facelift.

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