San Diego Business Journal


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

Sapphire Energy Raises Nearly $92 Million in Equity Financing

Sapphire Energy Inc. has raised nearly $92 million in equity financing, according to a recent form filed with the Securities and Exchange Commission.

Cubic Corp. to Acquire Alabama-Based GATR Technologies for $232.5 Million

Cubic Corp. said Dec. 21 that it entered a definitive agreement to buy Huntsville, Ala.-based GATR Technologies Inc. for $232.5 million.

Tease photo

Ho Ho Ho: Branding Deal Has Co. Laughing All the Way to Bank

RETAIL: Marketing Moves Give Tipsy Elves’ Apparel Some Decent Exposure

Local ugly-sweater company Tipsy Elves, which landed itself a business partner on the reality TV show “Shark Tank” in 2013, recently signed a deal with the producers of “The Night Before” to sell the three sweaters featured in the movie and worn by stars Seth Rogen, Joseph Gordon-Levitt and Anthony Mackie.

Pro-Tech Acquired by Orange County-Based Bravo Sports

Orange County-based Bravo Sports has acquired San Diego helmet manufacturer Pro-Tec, the companies said Tuesday, moving Pro-Tec’s operations to Bravo’s South OC campus.

EDC Announces Relaunch of World Trade Center San Diego

The San Diego Regional Economic Development Corp. recently announced that it was relaunching World Trade Center San Diego, a nonprofit which aims to help businesses improve their international reach.

Tease photo

General Dynamics NASSCO Christens, Launches Tanker

General Dynamics NASSCO christened and launched the Independence, a 610-foot commercial tanker, in a morning ceremony Dec. 12 at its shipyard in Barrio Logan.

GA-ASI Awarded $57.1 Million Defense Contract

The U.S. Army awarded General Atomics Aeronautical Systems Inc. a $57.1 million contract for logistics support for its Gray Eagle unmanned aircraft.

Making It Past ‘Milestone C’ Is Triton’s Current Mission

Executives at Northrop Grumman Corp. in Rancho Bernardo are keeping tabs on six test flights that its client, the U.S. Navy, is making with its Triton unmanned aircraft in Patuxent River, Maryland.

Tease photo

Shipyards Give San Diego Region Prosperous Manufacturing Muscle

SHIPS: Report Puts Impact At $1.75 Billion Locally

San Diego’s growing shipbuilding and ship repair industry generated $1.25 billion in total income in 2014, according to research unveiled on the 74th anniversary of the Pearl Harbor attack.

Air Force Awards General Atomics Aeronautical Systems Inc. $32.3 Million Contract

The U.S. Air Force awarded General Atomics Aeronautical Systems Inc. $32.3 million worth of work, which is expected to last two and a half years.

Tease photo

AleSmith Teams with Danish Brewer Mikkeller on New Local Venture

San Diego’s AleSmith Brewing Co.has partnered with Denmark-based brewer Mikkeller to form a new company in Miramar, called Mikkeler Brewing San Diego. Financial terms were not immediately available, with the venture slated to begin operations in the first quarter of 2016.

Achates Power Awarded 3-Year, $9 Million Federal Contract

San Diego-based Achates Power announced on Dec. 1 that it received a contract from the U.S. Department of Energy to develop a more efficient gasoline engine.

LRAD Corp. Reports Net Income of $9.6 Million for Fiscal 2015

LRAD Corp., maker of devices that can send a highly concentrated beam of sound in a single direction, released its annual financial results on Dec. 3.

Tease photo

Stone Brewing Starts Production, Sales of Craft Beers in Europe

Stone Brewing Co. plans a Dec. 7 start for sales of its craft beers in Europe, in advance of the Escondido-based company’s full-scale opening of its Berlin production and restaurant facilities in March 2016.

Tease photo

Outshine The Competition

BUILDING: Vision Brings Eye-Catching Exteriors to Buildings

Sempra Energy’s gleaming new headquarters downtown has acres of glass panes covering its 16-story frame. Darker portions of glass zag along the building’s façade and jut above the top floor in a V-shape.