SD MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
In advance of National Manufacturing Day on Friday, Oct. 3, a new local study finds that nearly 3,000 San Diego companies are engaged in the activity, and employ more than 94,000 workers who earn an average of $75,800.
Miva Merchant, a San Diego-based provider of ecommerce software, announced a corporate rebrand and name change to Miva, as well as a new headquarters location.
PHARMA: VC Firm, GSK Putting $10M Into Each C
Avalon Ventures LLC announced the launch of two biotech companies formed through its collaboration with British drugmaker, GlaxoSmithKline Plc. The partnership will funnel $495 million into 10 new biotech companies by 2016.
Vista-based craft beer maker Belching Beaver Brewery Inc. plans to convert a former bank location into a new brewpub in that city, after purchasing the building at 302 E. Broadway for $1.35 million.
Youngevity International Inc., a Chula Vista based direct marketer of gourmet coffees and other products, said the Green Coffee sales division of its wholly owned subsidiary, CLR Roasters, procured several new contracts for its shade-grown, Arabica green coffee distribution business that is expected to generate $2 million in gross revenue.
Pulse Electronics Corp., the San Diego manufacturer of electronic components in China, said it decided to voluntarily delist its common stock from the New York Stock Exchange and deregister the shares with the federal Securities and Exchange Commission.
Kratos Defense & Security Solutions Inc. said on Sept. 24 that it received a $3.6 million task order from an undisclosed customer.
The U.S. Navy awarded BAE Systems San Diego Ship Repair a $35.3 million contract modification to cover dry-dock work on the Arleigh Burke-class destroyer USS Pinckney.
The U.S. Air Force said on Sept. 23 that it awarded Northrop Grumman Corp. a four-year, $78 million delivery order for spare parts for the Block 40 version of the Global Hawk unmanned spy aircraft.
A new, comprehensive look at the U.S. Department of Defense’s local presence predicts that the military spending that San Diego County enjoys will decline one percent in the new fiscal year, which begins on Oct. 1.
Japan Airlines Co. Ltd. and Kyocera Corp., which operates several subsidiary companies in San Diego, said they will jointly support the Tomodachi Hironomachi Delegation to the 24th Japan-America Grassroots Summit in that runs Sept. 23-30 in San Diego.
Epsilon Systems Solutions Inc. said that it received a U.S. Navy contract to support the Southwest Regional Maintenance Center, which repairs and modernizes ships in the port of San Diego.
AGRICULTURE: Co. Improves Crop Yield, Cuts Maturation Time
SGB Inc., a local agricultural biotech company, has closed an $11 million Series C financing round to help drive the commercial roll out of its hybrid crops — a low-cost and sustainable plant-based option for fuel, energy-producing biomass and protein in animal feed.
PRODUCTION: Advanced Manufacturing Is Increasing But Will Its Worker Pool?
The work at Rancho Bernardo’s D&K Engineering isn’t easy to classify.
Kratos Defense & Security Solutions Inc. said on Sept. 16 that its Micro Systems subsidiary received a $4.8 million delivery order from the U.S. Navy for unmanned aerial drone system command-and-control systems and services.