San Diego Business Journal

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

General Dynamics Nassco Gets $61.8 Million Navy Award

General Dynamics Nassco said on April 2 that it made the initial cuts of steel on the third ECO tanker to be built for American Petroleum Tankers.

By Brad Graves April 2, 2015 4:14 p.m.   Share

Callaway Signs Schniederjans to Sponsorship Deal

Callaway Golf Co. said on July 27 that it signed 22-year-old Ollie Schniederjans to a sponsorship agreement. Financial terms were not disclosed.

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Zodiac Pool Systems Always Looking for Next Good Buy

PRODUCTION: The Co. Finds Success in Preserving Its Brands’ Identities

There aren’t many Southern California companies that can claim they’re connected to a 19th century French aeronaut.

High Road Capital Partners, a Private Equity Firm, Acquires Cali Bamboo

Cali Bamboo LLC, a San Diego-based manufacturer of bamboo flooring and other bamboo products, has been acquired by private equity firm High Road Capital Partners, the companies said Wednesday.

Medtronic Acquires Carlsbad-Based RF Surgical Systems for $235 Million

Carlsbad health tech firm RF Surgical Systems Inc. will be acquired by Dublin-based Medtronic for roughly $235 million, according to a recent press release.

WD-40 Reports Q3 Net Income of Nearly $11M on Net Sales of $92.5M

WD-40 Co. — which does a global business selling its lubricants, soaps and other chemicals — reported net income of almost $11 million on net sales of $92.5 million for its third quarter, which ended on May 31.

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Builder Takes Conservation Plunge, Installs Gray Water Systems

BUILDING: Adding Feature to New Houses Costs $10,000

Every house in KB Home’s latest San Diego development comes standard with a feature designed to attract drought-conscious consumers. All 52 homes are equipped with a gray water system to convert used water from showers, bathroom sinks and washing machines into water ready for lawn sprinklers and outdoor fountains.

San Diego Exported $18.6 Billion in Goods in 2014

San Diego exported a record $18.6 billion worth of goods last year, up about $700 million from 2013, the U.S. Department of Commerce said Thursday.

Celladon Corp. Suspends R&D, May Liquidate

Drug developer Celladon Corp. announced that it will suspend all research and development activities.

15 Companies Each Awarded $10,000 MetroConnect Prize

Fifteen San Diego companies received $10,000 each on Wednesday from the San Diego Regional Economic Development Corp., part of a JPMorgan Chase & Co.-backed initiative to boost the area’s international exports.

Local Delegation Heading to Philippines to Promote Trade

The Philippine Honorary Consul of San Diego, Audie J. de Castro, will head a San Diego delegation of government officials and business executives on an economic mission to the Philippines from July 6-10.

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GROWTH PATTERN

Agriculture Remains Firmly Planted as North County Economic Force

Biotechs and craft breweries are the current darlings of the San Diego County economy, but there’s a stalwart player that has been packing an economic punch far longer than either of these relative newcomers.

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O.C.-Based MagnaFlow Plans Headquarters in Oceanside

MANUFACTURING: $10M Facility in Works Next to Firm’s Factory

A Rancho Santa Margarita-based manufacturer of catalytic converters and performance exhaust systems broke ground on a $10 million, 100,000-square-foot headquarters and manufacturing facility in Oceanside late last month.

DJO Global Agrees to Buy Certain Assets From Zimmer

Encore Medical, a subsidiary of Vista-based medical device firm DJO Global, has entered into an agreement with Zimmer Holdings Inc. to purchase products to help it invest in the implant business.

Navy Awards General Atomics $737 Million Contract

General Atomics received a major contract this month for its electromagnetic aircraft carrier catapult as well as for a similarly powered arresting gear to catch the small jets landing on the carrier deck.

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Avalon and GSK Launch Three More Biotech Companies

INVESTING: Startups Will Join Others Working At COI Pharmaceuticals

Avalon Ventures announced the launch of three new biotech companies formed through its collaboration with British drugmaker GlaxoSmithKline.