San Diego Business Journal

SD MANUFACTURING

Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Ambrx Closes New Deal With Bristol-Myers

BIOTECH: Funding Allows Firm Flexibility for Development In rapid succession San Diego’s Ambrx Inc. has received sizable payouts from sizable drug companies, most recently penning a cancer drug development deal with New York-based Bristol-Myers Squibb.

By Meghana Keshavan May 13, 2013 midnight   $$ Share

Key Ingredients

BEVERAGE: Suja Juice Assembles Right Recipe For Success in the Sector

The rapid growth of San Diego’s Suja Juice Inc. is testament to the trendiness of juicing — tapping raw vegetables and fruits for belly-flushing cleanses.

Company Makes Its Texas Move Complete

MANUFACTURING: Change Made Economic Sense

Fallbrook Technologies, the San Diego-based maker of gearless transmissions, is closing down its headquarters office and relocating to Texas.

Cumming Corp.’s Work Builds With Recovery

BUILDING: Firm Adds Workers To Handle Pre-Construction Jobs

Much of the work of Cumming Corp. is finished long before most of its clients’ construction projects begin sprouting from the ground. But an improving economy is spurring the San Diego-based company to brace itself to serve rising demand for its pre-construction project and cost management services.

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Activity Swirls Around the Multifamily Market

PROPERTY: Tight Supply, Active Lenders, Hungry Investors Drive Sector

Lenders, investors and landlords continue to capitalize on San Diego County’s apartment fundamentals in the early months of 2013, with high demand and limited supply driving rents and property prices upward.

Sempra Energy Reports Net Income of $178M for 1st Quarter

Sempra Energy, San Diego’s parent to San Diego Gas & Electric and other entities, reported first quarter net income of $178 million, down from $226 million in net income for the first quarter of 2012.

San Diego Gas & Electric Launches $1M Environmental Champions Initiative

San Diego Gas & Electric has launched a new Environmental Champions initiative, in which it’s donating $1 million to fund local environmental nonprofit organizations in San Diego and southern Orange counties.

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Local Craft Beer Industry Keeps Pouring It On

MANUFACTURING: Economic Impact Put at $299.5M and Growing

Things are ramping up at Societe Brewing Co. in San Diego. Opened about a year ago, the craft brewer is on track to produce about 2,400 barrels of beer this year but that will certainly rise when it installs two new tanks sometime this summer, says Doug Constantiner, chief executive officer.

Qualcomm Raises Year-End Forecast

Qualcomm Inc. reported fiscal 2013 second quarter net income of $1.87 billion, down 16 percent from the like quarter last year on record revenue of $6.12 billion, up 24 percent from a year earlier.

CareFusion to Pay $41M

San Diego-based medical device maker CareFusion Corp. announced it will pay the government about $41 million to resolve an investigation related to the company’s sales and marketing practices.

Ocera, Tranzyme to Tie the Knot

San Diego-based Ocera Therapeutics Inc. announced it will merge with Research Triangle Park, N.C.-based Tranzyme Pharma in an all-stock transaction. Ocera, currently privately held, will go public after the merger.

NuVasive Opens Tokyo Office

San Diego medical device manufacturer NuVasive Inc. is opening a new office in Tokyo to strengthen its sales in Asia.

Aethlon Receives $22.8M Government Subcontract

San Diego-based medical device maker Aethlon Medical Inc. has received a $22.8 million government subcontract to collaborate with the Columbus, Ohio-based nonprofit research and development organization Battelle Memorial Institute.

Pfenex Teams With Agila for Joint Venture on Global Drug Commercialization

San Diego-based Pfenex Inc. has teamed up with Bangalore, India-based Agila Biotech to develop and globally commercialize six drugs, including one to treat multiple sclerosis.

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Understand and Deliver

MANUFACTURING: Firm Turns Clients’ Ideas Into Working Prototypes

Leardon Solutions has seen it before. Its principals have been through the process of getting manufacturing right. Earlier in their careers, each of them saw firsthand how a company at the top of the Fortune 500 worked through its challenges.

WD-40 Is Focusing More on Its Strengths

MANUFACTURING: Home Care Line Is Under Review

WD-40 Co. may have spring cleaning on its mind. Management at the publicly traded company recently got board approval to review “strategic alternatives” for its home care and cleaning product line, which has become a smaller part of its business.