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Biz News: Owner selling Precision Motors after 29 years

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After 29 years at Precision Motors in Westside Costa Mesa, owner Scott Hubbard is calling it quits and hitting the road.

The 62-year-old is selling his independent BMV/Mini service facility at 1650 Superior Ave. to Ron Inchausti, owner of another BMV/Mini repair store, Coast Motor Werk, which has locations in Huntington Beach, Irvine and Rancho Santa Margarita.

Hubbard, a Costa Mesa resident, said Precision Motors will eventually undergo a name change and get some interior upgrades to the shop, but will retain its employees. It will continue specializing in BMV/Mini services.

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“I’ve left everybody in good hands,” he said. “Nobody’s losing because nothing’s leaving.”

Hubbard said certain tenets of his shop — providing oil changes, for example — are needed less often on newer BMV models, and it has changed his business dramatically.

Costa Mesa’s Westside along Superior is changing a lot too, he noted, with the addition of residential housing and fewer car-repair services and industrial sites.

In retirement, Hubbard said he wants to relocate to Northern California and potentially drive about, nomad-style.

“I’m going to decompress after 29 years in business,” he said. “As a small-business owner, I’ve never had a real vacation.”

He drives — what else? — a BMV. It’s a 1995 525i with 297,000 miles logged. It’s on its third engine and has a rebuilt transmission.

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Irvine company wins award for cyber antivirus

Cylance, an Irvine-based cybersecurity company, won the Excellence Award for Best Emerging Technology for its CylanceProtect next-generation antivirus at the 2015 SC Awards presented by SC Magazine on April 21 in San Francisco.

Award winners were determined by a panel of information technology security experts who analyzed research and product reviews and analysts’ reports, the magazine said.

Cylance says it applies artificial intelligence, algorithmic science and machine learning to solve difficult security problems.

“The Excellence Award is given to the company or individual that represents the pinnacle of achievement in IT security,” SC Magazine Vice President Illena Armstrong said in a statement. “Cylance is truly one of the top performers in the industry.”

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Staples discount for teachers

Area Staples stores will be offering discounts to teachers Sunday through May 9 as part of National Teacher Appreciation Week.

Participants in Staples’ Teacher Rewards program will receive a 40% back coupon for school supplies, teaching and art essentials, posters, cleaning supplies and laminating, according to a news release.

They also can receive a second 40% coupon to give to another educator that can be redeemed during the appreciation week.

Local Staples locations include 241 E. 17th St., Costa Mesa; 4343 MacArthur Blvd., Newport Beach; and 2160 Barranca Parkway, Irvine.

For more information, visit https://www.staples.com/teacherrewards.

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Hoag Women’s Health Institute recognized

The National Consortium of Breast Centers recognized Hoag Hospital’s Women’s Health Institute last month as the only Certified Quality Breast Center of Excellence in Orange County for the second consecutive year.

When issuing the annual honor, the consortium compares the quality of performance in assessing patient care and allocating resources.

“In today’s dynamic health-care industry, breast centers are faced with providing quality care while simultaneously keeping costs under control,” said Dr. January Lopez, director of breast imaging at Hoag Health Center.

“A center’s staff must not only be familiar with existing standards of care but must also be aware of new advances in technology. Hoag actively ensures that it provides the best possible quality breast care to women in [its] community.”

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Sushi Roku coming to Newport Beach

Sushi Roku, which blends traditional Japanese cuisine with global ingredients, plans to open a location at Fashion Island in Newport Beach on June 1.

The restaurant, which has five other locations as part of the Hollywood-based Innovative Dining Group, says its beverage menu is crafted by certified sake sommeliers and mixologists.

“We’ve been looking forward to making our debut into Orange County’s vibrant dining scene for quite some time,” Lee Maen, a partner at Innovative Dining Group, said in a statement. “We are excited to share our modern approach to Japanese cuisine as well as Roku’s outstanding level of hospitality at this stunning location in Fashion Island.”

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Local senior care facilities on list of best

SeniorAdvisor.com recently released its list of the nation’s best senior care providers for 2015, and five assisted living facilities in Newport Beach, Costa Mesa and Irvine are on it.

The website said it used more than 71,000 reviews and ratings of senior living facilities from residents and their families to narrow the list to the top 1%.

The list includes Crown Cove in Corona del Mar, Vivante in Costa Mesa, Atria Woodbridge and Atria Golden Creek in Irvine, and Vintage Newport East and West in Newport Beach.

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Forum to feature real estate industry leaders

The Orange County chapter of the Risk Management Association will present Real Estate Market Perspectives 2015, a panel discussion featuring real estate industry leaders, from 11:15 a.m. to 1:45 p.m. May 21 at the Pacific Club in Newport Beach.

The executives, including Tom Greubel, vice president of leasing for the Irvine Co., will speak about the commercial, office and residential markets and how current real estate conditions are affecting lending.

The Pacific Club is at 4110 MacArthur Blvd. The cost to attend the event is $65 before May 15 and $75 afterward.

To register, visit https://www.rmaoc.org or call Vicki Phillipy at (714) 267-5281.

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