San Diego Business Journal

SD MANUFACTURING

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Building A Powerhouse

Tijuana’s Manufacturing and S.D.’s Medical Cos.’ Interests Should Align, But Will They?Cali Baja has become the world mecca of medical device manufacturing, and yet many companies — even here in San Diego — are choosing to do their manufacturing elsewhere.

By Brittany Meiling August 25, 2016 2:48 p.m.   $$ Share

Callaway Golf Acquires Toulon Design

Carlsbad-based Callaway Golf Co. said on Aug. 29 that it agreed to acquire Vista-based Toulon Design for undisclosed terms. Toulon specializes in putters.

Vista-Based McCain Inc. Agrees to Sell 100% of Its Shares to Swarco

The owner of Vista-based McCain Inc., which makes traffic control equipment for roads and highways, said Aug. 26 that it agreed to sell 100 percent of its shares to Austria-based Swarco.

NASSCO Receives a $511M Ship Building Contract for Two Vessels

General Dynamics NASSCO received a $511 million contract from Matson Navigation Co. Inc. to build two ships able to haul containers and other cargo on routes to Hawaii, the companies announced Aug. 25.

Cubic Corp. to Lease Space in Otay Mesa

Cubic Corp. is leasing a 39,000-square-foot facility in Otay Mesa to complement its Tijuana manufacturing space.

BAE Systems San Diego Awarded Second-Year Contract Options for Navy Ship Modernization Projects

BAE Systems San Diego Ship Repair is among seven companies awarded second-year contract options on U.S. Navy ship modernization deals.

BAE Systems Ship Repair Leases 100,000 Square Feet in Chula Vista

Driven by the U.S. Navy’s plan to station more ships in San Diego and its own plans to grow, BAE Systems Ship Repair recently leased more than 100,000 square feet of new space in the South Bay.

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Green Flash Brewing Plans November Opening for Virginia Facility

San Diego-headquartered Green Flash Brewing Co. has announced a Nov. 13 public opening for its new East Coast production facility and tasting room in Virginia Beach, Va. Fund-raising and related events are slated for the grand opening, and the company’s beers will officially start shipping from the new facility on Jan. 1, 2017.

GA-ASI Awarded $371 Million Air Force Contract

The U.S. Air Force placed a $371 million order with Poway-based General Atomics Aeronautical Systems Inc. for 30 Reaper remotely operated unmanned aircraft.

Callaway Golf Announces Quarterly Dividend

Carlsbad-based Callaway Golf Co. declared a penny-per-share dividend on Aug. 10.

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Roast Masters

BEVERAGE: S.D. Coffee Culture Advances To the Next Level

San Diego’s craft beer brewers — with their sophisticated palates and purist culture — may be priming the region for another kind of brew business: artisan coffee.

AleSmith Brewing Extends Distribution to Australia via New Partnership

San Diego-headquartered AleSmith Brewing Co. has expanded its distribution into Australia through a new partnership with that country’s Experienceit Beverages.

Royale Energy Posts Q2 Earnings

El Cajon-based oil and gas producer Royale Energy Inc. on Tuesday announced it had raised $2.5 million. The company also reported a net loss of nearly a half-million dollars in the second quarter of the year.

Kratos Defense & Security Hikes 2016 Revenue Forecast

Kratos Defense & Security Solutions Inc. increased its revenue forecast for 2016 by $10 million, to $659 million, when it took the wraps off of its second quarter financial results on Aug. 4.

Strong Sales Lift Callaway Golf's Q2 Earnings

Callaway Golf Co. — the Carlsbad maker of balls, clubs and golf accessories — reported a 140 percent improvement in second quarter earnings and got a surprise gift from a competitor.

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Kombucha Tasting Room Enters the Mix

BEVERAGE: Drink Is Touted as Healthful And Tasty Treat

A new local brewery in Old Town is jumping on the kombucha bandwagon, opening a tasting room in San Diego where the fizzy beverage is brewed.