SD MANUFACTURING
Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...Qualcomm’s Profit, Revenue Rise
Qualcomm Inc. reported fiscal 2011 fourth-quarter net income of $1 billion on revenue of $4.12 billion, beating Wall Street forecasts and sending its shares up nearly 10 percent to above $57 on Nov. 2, the day the results were announced.
November 4, 2011 12:01 a.m. ShareMarshall Edwards Looks to Raise $8M for Cancer Drugs
Marshall Edwards Inc. said Feb. 21 that it will seek to raise $8 million from existing stockholders to further develop its two lead cancer-drug candidates.
Cardium Therapeutics Gets $5M Boost From Stock Sale
Cardium Therapeutics Inc. said Feb. 16 that it raised $5 million in gross proceeds through a direct sale of nearly 18 million shares of its common stock.
DJO Global Breaks $1 Billion Sales Threshold for the 1st Time
Annual sales at Vista-based DJO Global Inc. surpassed $1 billion for the first time in 2011, said President and CEO Mike Mogul.
Rating to Aid in Sales of Hurricane-Resistant Doors
LaCantina Doors, a Vista-based designer and manufacturer of folding door systems, recently said it received a DP70 hurricane impact rating from Miami Dade County on its aluminum line of folding doors.
Partnership Forms to Develop Imaging System
Brooks Life Science Systems said Feb. 7 that it has partnered with The Scripps Research Institute to jointly complete development of a microplate imaging system, used to evaluate the quality of compounds during drug discovery.
Halozyme Seeks to Raise $83M in Stock Offering
Halozyme Therapeutics Inc., the San Diego-based developer of enzyme drugs, said Feb. 10 that it’s seeking to raise a total of $83 million through a pubic stock offering.
Eyewear Maker Changes Name to Spy Inc.
Orange 21 Inc., a sports-oriented eyewear maker and marketer with headquarters in Carlsbad, has officially changed its corporate name to Spy Inc.
Cubic Transportation Systems Drives Growth
MANUFACTURING: Advanced Technology, Services Lift Revenue
San Diego-based Cubic Corp. is a force to be reckoned with as it makes gains in profitability and staff expansions due in large part to its growing Transportation Systems segment.
Callaway Set to Debut Its New-Tech Golf Balls in March
Callaway Golf Co. on March 2 plans to begin marketing a new golf ball, known as Hex Black Tour, that it says is designed to enhance “spin separation” and improve game performance.
Cadence Recalls One Lot of Ofirmev Drug, Citing ‘Particulate Matter’
San Diego-based Cadence Pharmaceuticals Inc. on Feb. 7 said its discovery of “an unidentified, visible particle” in a vial of its acetaminophen injection drug Ofirmev sparked a voluntary product recall that led to short-term supply delays.
GA-ASI’s 2nd Predator C Avenger Flies for 1st Time
General Atomics Aeronautical Systems Inc. said Feb. 7 that its second jet-powered unmanned aircraft flew for the first time, in January.
Cubic Reports Higher Sales and Earnings for 1st Quarter
Growth in San Diego-based Cubic Corp.’s Transportation Systems segment contributed to significantly higher sales and earnings during the company’s 2012 first fiscal quarter ended Dec. 31.
South County Group Seeks Manufacturing Data
The South County Economic Development Council is collecting data regarding the region’s manufacturing base in an effort to find out from employers how it can be expanded and sustained, the nonprofit organization said Feb. 2.
Cymer Sees Revenues Rise, Profits Decline
Cymer Inc., a San Diego-based maker of lasers used for manufacturing semiconductors, reported fourth-quarter net income of $12.5 million on revenue of $152.9 million Feb. 2.
Industrial Workforce Settles to 70,500 People
MANUFACTURING: San Diego 10th in Nation; Houston 1st
Local manufacturing jobs dipped a bit last year, but the sector still employs more than 70,000 people in San Diego, ranking it 10th among all cities in the nation, according to a recent survey.
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