Web & Data Editor/Reporter
Lake Forest-based Del Taco Restaurants Inc. (Nasdaq: TACO) promoted Chad Gretzema to chief operating officer, a new position.
Sibling Owners Lean In On Ready-to-Eat Meals
Sister-and-brother owned, ready-to-eat food-maker and deliverer Fresh n’ Lean in Anaheim is bringing some of the best sales growth of any area food company.
Electric Models Made In Orange County, USA
Electric Bike Co. in Newport Beach has an update on Henry Ford’s dictum, “Any color you want, as long as it’s black.”
30-Year-Old Restoration Contractor Makes It New
When you visit the newly redesigned, renovated, redone, and more than lightly refreshed Anaheim headquarters of American Technologies Inc., ask to use the restroom.
University of California-Irvine named Tom Andriola its vice chancellor of information technology and data, a new position.
17 Firms See Double Digit Growth; List Tops 8% Up
A strong year for architecture firms may or may not presage more development and construction in the not-too-distant future, but it definitely altered the upper echelons of the Business Journal’s list of top local shops ranked according to OC office billings for 12 months ended June 30.
Big Firms Hit High Notes; Salas O’Brien Up 311%
Engineering firms with operations in OC posted 13% growth to $1.2 billion in local annual billings—and only about a third of that expansion came from the perennial big three.
Pujols Combat Human Trafficking
Where to begin? That’s one thing Deidre Pujols didn’t know when she first encountered human trafficking: how to help the tens of millions of people, often children, violated in terrifyingly intimate ways, daily and worldwide.
Also Up: Edwards, Angels, Broadcom, Sunwest
Newport Beach-based Pacific Life Foundation, affiliated with the largest private company headquartered in OC, Pacific Life Insurance Co. with $10.7 billion in annual revenue, is the biggest cash giver locally, at $4.7 million.
Mission Up Founder Consults To Charities, Companies
Sarah Middleton is not knowingly related to Kate Middleton, Duchess of Cambridge, who one day may be Queen of England.
Santa Ana-based Allied Universal bought Wyoming, Mich.-based Midstate Security on undisclosed terms.
Markets rallied in midday trading after last week’s declines with major indexes rising about 1% apiece. (continue reading)
Stock indexes fell as China said it would impose tariffs on more U.S. products and President Trump told U.S. firms to look for alternatives to doing business in China. (continue reading)
Irvine-based Parcel Pending named former Greenwave Systems CEO Greg Memo its president, replacing Brad Farmer.
After a brief market rally yesterday following the Trump Administration’s decision to suspend new tariffs on some China-sourced goods—originally scheduled to take effect Labor Day weekend—markets plunged today as yields on the 2-year Treasury bond briefly rose above that of the 10-year note in early trading.
Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Jason Weintraub its Chief Legal Officer, a new position.
Just-Hired CEO Boosted Sales at Adidas, TaylorMade
Taco Bell’s new chief executive has his own website.
Greg Creed will retire as chief executive of Yum Brands Inc. (NUSE: YUM) Jan. 1 and be replaced by David Gibbs, current president and chief operating officer of the Louisville-based fast food franchiser of KFC, Pizza Hut and Taco Bell.
Membership, Funding Up; 17 New Portfolio Firms
Tech Coast Angels invested nearly $14 million in 28 deals in Southern California through June, its highest first half-year commitment ever and including 17 new companies funded.
San Diego-based civil litigators Tyson & Mendes have opened an OC office in the Irvine Business Complex under managing partner Richard Somes.
Irvine-based Habit Restaurants Inc. (Nasdaq: HABT) signed deals to add 32 locations in new territories for the fast casual burger chain—New England and Cambodia.
DESIGN: Furniture firm reshapes: $200M goal
Jesse Bagley’s been in OC’s design-build industry for a quarter century, but he’s good with few knowing his name.
Costa Mesa consumer data company J.D. Power was bought by private equity investor Thoma Bravo, in Chicago, on undisclosed terms.
Del Taco Restaurants Inc. (Nasdaq: TACO) shares fell 8% after reporting second quarter same store sales that missed analysts’ expectations.
Chipotle, Gains, Newbies Spark Restaurant Surge
The largest Orange County-based restaurants saw their best-ever year for cumulative sales in 2018, thanks to improving same-store sales, expansions, and one very high-profile relocation here.
BJ’s Restaurants Inc. (Nasdaq: BJRI) in Huntington Beach reported net income of $14.2 million, down about 17%, on revenue of $301.1 million, up nearly 5%, in its second quarter, compared with the same period last year.
University of California-Irvine will hold a week-long humanities ‘boot camp’ in August for 15 veterans of the armed forces preparing for college.
Concordia University in Irvine named Kent Schlichtemeier dean of its school of education, effective July 1, to replace Deborah Mercier, who is retiring.
Newport Beach’s Chipotle Mexican Grill Inc. (NYSE: CMG) reported second quarter revenue and adjusted profit that beat analysts’ consensus estimates.
Five Point Holdings LLC plans to issue via two of its units $125 million in senior notes paying 7.875%.
San Clemente-based Glaukos Corp. (NYSE: GKOS) licensed technology from Intratus Inc. in San Diego to develop and sell new eye care drugs.
FOOD: Juice bar near $100M sales, 150 units
People may not always want to eat their fruits and veggies, but they’re increasingly drinking them.
RESTAURANTS: Looking to double in size
A danger of doing well at one thing is doing well at one thing.
Santa Ana-based Iteris Inc. (Nasdaq: ITI) received $2.95 million, part of a five-year, $19.5 million contract to help build “intelligent transportation systems” for the Federal Highway Administration.
Blizzard Entertainment’s eSports league, based on its Overwatch franchise, will expand its travel schedule next year, its third season, to include two weekends of homebased gaming competitions each of its 20 teams in six countries.
Former U.S. Congresswoman Mimi Walters has been named to the board of B. Riley Financial Inc.
RETAIL: Philz, Urth Latest of 20 Java Options in Orange
The country may need a good 5-cent cigar, but what the county really needs—based on activity in the city of Orange—is more $5 cups of coffee.
Irvine-based Home Franchise Concepts was purchased by JM Family Enterprises Inc. in Deerfield, Fla., on undisclosed terms.
Yogurtland signed a multiunit deal with a franchisee to enter Indonesia; the frozen dessert chain already has locations in the region in Australia, Myanmar, Singapore and Thailand.
ECONOMY: $102B of sales for largest operators
The large are getting larger—sometimes much larger—in this year’s snapshot of the biggest private companies in Orange County.