Archive Corp., a Costa Mesa computer equipment maker, announced receipt of an additional $5 million unsecured line of credit for operating cash.
Wright Energy Corp. and its creditors Wednesday agreed to begin negotiating a settlement and place a moratorium on further legal action in an attempt to restructure the tiny, ailing Newport Beach oil company.
The Financial Group, a Newport Beach investment banking company, said it has arranged a $32.25 million construction loan for a 524-unit condominium project in Oceanside, to be built by S.W.R.
Transpacific Development Co. of Torrance has begun construction of a 16-story, $70-million hexagonal office tower at Michelson Drive and Teller Avenue in Irvine.
Toshiba America Inc. of Irvine has been given the first Special Award for Medical Achievement by UC Irvine's College of Medicine.
Burrell W.
Robert M. Moffit has been named vice president of marketing for Kawasaki Motors Corp. in Irvine.
Ralph W. Salo, former chief financial officer for The Broadway Dept.
Deyo P.
Ashok Dhawan has been named vice president of the Communications Products Unit at Emulex Corp. in Costa Mesa.
John T.
Edward J. Arnold has been named president and chief operating officer of Dense-Pac Microsystems Inc.
A second senior corporate officer has resigned from Clothestime, Inc., the fast-growing Anaheim-based apparel company, according to a company executive.
Gary J.
Hycor Biomedical Inc. has named Dallas-based consultant Richard L.
Laguna Bank increased its middle management recently after two executives left and also has increased efforts to drum up new business at its home base in Laguna Beach and in the Saddleback Valley, according to Charles E.
Stephen Sandland has been promoted to director of development for the Irvine Hotel Co., a newly formed operating division of Newport Beach-based Irvine Co.
Rakesh Kaul has been elected president of the Orange County chapter of the Association for Corporate Growth for 1986-87.
In the past, when its computer software was aimed at individual engineers performing structural analyses, PDA Engineering in Santa Ana was content to have a single marketing and sales department.