San Diego Business Journal


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

Visual Communications Closes Acquisition of Display Products

Visual Communications Co. LLC, a Poway-based electronic components maker, said on July 17 that it completed its acquisition of El Segundo-based Display Products Inc. for undisclosed terms.

By Brad Graves July 17, 2017 3:09 p.m. share »

EDF Renewable Energy Acquires 2 Solar Projects

San Diego-based EDF Renewable Energy recently acquired two solar projects from publicly traded energy firm First Solar Inc. (Nasdaq: FSLR), the company announced July 14.

By Sarah de Crescenzo July 14, 2017 11:18 a.m. share »
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Brewer Puts ESOP to Work for Co., Culture

It’s been used sporadically in the U.S. beer industry to keep craft brewers independent: grant ownership shares to workers via an employee stock ownership plan (ESOP).

By Lou Hirsh July 13, 2017 1:23 p.m. share »

Shipbuilder Announces Up to 300 Layoffs

BAE Systems said July 11 that it planned to lay off as many as 300 employees at its Barrio Logan shipyard. The positions could be eliminated in early September, the business said.

By Brad Graves July 11, 2017 4:11 p.m. share »
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Cubic CFO Takes New Role, Replacement Named

Cubic Corp. plans to transition current CFO Jay Thomas to an executive adviser’s role and name a new chief financial officer in October.

By Brad Graves July 11, 2017 3:54 p.m. share »
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Modern Times Beer Puts 30% of Stock in Employee Plan

San Diego-based Modern Times Beer has created what it touts as California’s first employee stock ownership plan (ESOP) to be established by a craft brewer.

By Lou Hirsh July 7, 2017 10:32 a.m. share »
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Time to Re-evaluate Approach to Fuel Policies

The recent approval of Senate Bill 1 and the $52 billion it will cost Californians through higher fuel taxes and registration fees is a big number tied to promises big enough to obscure the real effects these costs will have on us here at home.

By Randy Voepel July 6, 2017 3 p.m. share »

Manufacturer Leaving Vista, Sees Efficiencies in Pennsylvania

Specialty chemical maker Ferro Corp. plans to shut its plant in Vista by Dec. 31, 2018, eliminating 58 positions.

By Brad Graves July 3, 2017 12:27 p.m. share »

Sorrento Therapeutics Gets FDA OK for Human Trials of Non-Opioid Pain Treatment

Local drugmaker Sorrento Therapeutics Inc. just got the OK from regulators to start human trials for a non-opioid medicine that might treat chronic pain.

By Brittany Meiling June 30, 2017 12:10 p.m. share »

Imprimis to Focus on Ophthalmology, Sells Pennsylvania Facility and Some Assets

San Diego’s Imprimis Pharmaceuticals is selling off some assets and closing a facility in Pennsylvania as part of a move to focus its research pipeline.

By Brittany Meiling June 30, 2017 11:56 a.m. share »
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Frank Motors Is Committed To Both Customers and Its Employees

Perspective, flexibility and communication. Together, those three elements have proven crucial to the continued success of the family owned and operated Frank Motors Group in National City.

By Jessica King June 29, 2017 2:57 p.m. share »
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Family Auto Dealership Is Confident In Its Strengths

Nearly 90 years, four generations and more than a dozen car makes later, the Hoehn family is showing no signs of slowing down its automobile dealership business.

By Jessica King June 29, 2017 2:54 p.m. share »
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Consolidation Changes Competition for Car Sales

After 71 years as a family business, Fuller Motors of Chula Vista is now owned by a public company — continuing a trend that is steadily making family-owned auto dealerships a minority in the marketplace.

By Jessica King June 29, 2017 2:17 p.m. share »

Navy Awards Kratos $37.1 Million Contract for Drones

Kratos Defense & Security Solutions Inc. received a big contract for jet-powered target drones, used in military war games. The U.S. Navy announced the $37.1 million contract modification on June 27.

By Brad Graves June 28, 2017 2:40 p.m. share »

Eton Pharmaceuticals Inc. Raises $20M in Private Placement

Eton Pharmaceuticals Inc., a spinout from San Diego-based Imprimis Pharmaceuticals Inc., has raised $20 million in a private placement of preferred stock.

By Brittany Meiling June 23, 2017 2:05 p.m. share »