San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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WD-40 Reports Q3 Results

San Diego based WD-40 Co. reported net sales of $95.65 million for the third quarter ending May 31.

Destroyer Work Worth $15.9 Million for BAE Systems

The U.S. Navy said July 9 that it awarded BAE Systems San Diego Ship Repair a $15.9 million contract modification to do dry dock work on the Arleigh Burke-class destroyer USS Decatur.

Beetham Appointed CEO at Cibus

Peter Beetham has taken the CEO’s job at Cibus, the Mira Mesa-based biotech announced July 8.

Eco Building Products to Establish Joint Venture With Canadian Co.

Eco Building Products Inc., a Vista maker of treated wood products that protect against fire and mold, said it entered into a letter of intent to establish a joint venture with Steelhead Structures, based in Canada.

Borrego Breaks Ground on Solar Project

Borrego Solar Systems Inc., a San Diego designer, financier and installer of solar systems, said it broke ground on the Seneca Solar Projects, an 8.3 megawatt system in Victorville.

ES3 Defense Deal Potentially Worth $7.5M

The U.S. Air Force said on July 8 that it awarded a downtown San Diego company a contract for landing gear emergency response engineering services with a ceiling of $7.5 million.

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Qualcomm Enlists Chinese Manufacturer to Make Snapdragon Processors

Snapdragon processors power smartphones and tablets.

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HCP Buys Torrey Pines Life Science Property for $43.7M

Property was 93 percent occupied when it was sold.

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Conatus Pharmaceuticals Moving Headquarters

Move comes after one year of being a public company.

Navy Deal Worth $9.1M for Pacific Ship Repair

The U.S. Navy announced on July 1 that it awarded a $9.1 million contract modification to San Diego-based Pacific Ship Repair and Fabrication Inc. for work on a destroyer in Everett, Wash.

Pulse Receives Notice of Noncompliance From NYSE

Pulse Electronics Corp., a San Diego-based maker of electronic components, said it has been notified by the New York Stock Exchange that it is not in compliance with the exchange’s minimum listing requirements covering market capitalization.

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City Gives Back to Brewers to Encourage Growth

Beverage: Move Indicative of Competition to Lure Successful Operations

San Diego City Council recently granted $300,000 in development fee reimbursements for expansions underway at Ballast Point Brewing & Sprits and AleSmith Brewing Co., and experts say other communities could eventually deploy similar strategies to attract operators in the fast-growing craft beer industry.

Acquisition of Seragon Could Bring $1.7B

PHARMA: Co. Is Working On Breast Cancer Treatment

Seragon Pharmaceuticals Inc., a privately held San Diego-based drug developer targeting breast cancer treatment, agreed to be acquired by Genentech, a subsidiary of the Roche Group AG, for $725 million in cash plus future payments that could reach $1 billion if specific milestones are reached, the companies announced.

Operations at West Coast Ports to Continue Despite Contract Expiration

Operations at the Port of San Diego and 28 other West Coast ports were set to continue after a labor contract covering dock workers expired at 5 p.m. July 1.

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EDF Enters Power Purchase Agreement for Kansas Wind Project

San Diego-based EDF Renewable Energy said the company has entered into a 20-year power purchase agreement with Great Plains Energy