SD MANUFACTURINGRecent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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.
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, 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 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.
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 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.
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.
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.
San Diego medical device manufacturer NuVasive Inc. is opening a new office in Tokyo to strengthen its sales in Asia.
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.
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.
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.
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.
ENERGY: It Looks To Future With Green Energy, Natural Gas
Sempra Energy is a San Diego colossus. With $9.65 billion in 2012 revenue, the energy holding company is second to no one but Qualcomm Inc. among the region’s public companies.
MANUFACTURING: Local Craft Breweries Find The Recipe for Success
Creative, competitive and highly independent, local breweries have placed San Diego County at the center of the growing market for handcrafted beers.