San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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General Atomics ASI Gets $40.9M Defense Deal

The U.S. Air Force said on Sept. 10 that it awarded General Atomics Aeronautical Systems Inc. a $40.9 million order to develop requirements description documents for two versions of the Reaper unmanned aircraft system.

Pulse Electronics Sees Big Fluctuation in Stock

Shares of Pulse Electronics Corp., a San Diego manufacturer of electronic components in China, skyrocketed 53 percent on Sept. 9 to $3.10 before falling back to $2.50 as of mid-day Sept. 10.

SGB Reports Success With Crop; Co. Closes $11M Series C Financing Round

SGB Inc., a San Diego-based agricultural biotechnology and seed company, closed an $11 million Series C financing round.

SDG&E Seeking More Local Energy Resources

San Diego Gas & Electric announced it is seeking between 500 and 800 megawatts of new local resources to help replace the power previously provided by the San Onofre Nuclear Generating Station as well as the retirement of older, coastal power plants, the company said.

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WD-40 Completes Acquisition of UK Company

WD-40 Co., the San Diego based maker of lubricants and other household products, said it completed the acquisition of the business and assets of GT85 Ltd., a United Kingdom based company that sells multipurpose maintenance products.

Huntington Ingalls Industries Gets $24.2M Navy Contract

The U.S. Navy awarded Huntington Ingalls Industries Inc. a $24.2 million contract modification to cover maintenance, alterations and modifications to the aircraft carrier USS Ronald Reagan.

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BST Nano Acquires Ellsworth Handcrafted Bicycles

BST Nano Carbon, a San Diego composites manufacturer, said it has acquired Ellsworth Handcrafted Bicycles, a Ramona bike manufacturer with a national reputation for top-quality mountain bikes.

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General Dynamics Nassco Gets $140 Million Ship Work Contract From Navy

The U.S. Navy said that it awarded General Dynamics Nassco a $140 million contract modification to cover dry-dock work on the USS Pearl Harbor.

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Solar Company Aims to See Profits Come Through the Roof

ENERGY: Leasing Of Systems Is Backed By $90M Investment

Equal Earth Inc., a San Diego-based renewable energy company has received $90 million in funding to finance solar panel projects and it appointed digital media pioneer Jay Samit to its board of directors.

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Building Brings State-of-Art Touches to Sustainability Efforts

ENERGY: Recycled Water, Use of Biogas Result In Cost-Savings

It’s one thing to incorporate sustainable elements into a building to conserve energy. It’s quite another when a new office produces at least as much energy as it uses, creating “net-zero” energy usage.

Co. Maintains Confidence in Products, Pipeline

PHARMA: Arena Says Results May Take A Bit Longer Than Some Like

Arena Pharmaceuticals Inc. has mapped out a plan to overcome heavy spending and stagnant stock values by developing new weight loss formulations and drug compounds to treat a variety issues from autoimmune disorders to nicotine addiction.

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Global Hawk Reaches 100,000 Hours Milestone

Aircraft from Northrop Grumman Corp.'s Global Hawk family of unmanned, high-altitude jets recently passed 100,000-hour mark doing what they were built for: combat and related operational support.

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Qualcomm Delegation Meets With Chinese Regulators

Qualcomm Inc. President Derek Aberle and a delegation from the San Diego company met Aug. 21 in Beijing with Chinese regulators in an attempt to resolve concerns raised by the Chinese government.

BAE Systems Gets Navy Ship Repair Contract Potentially Worth $78M

The U.S. Navy said on Aug. 25 that it awarded BAE Systems San Diego Ship Repair a contract for dry-dock work to the Ticonderoga-class cruiser USS Lake Erie.

2 Navy Contracts Will Bring Work to Local Shipyards

The U.S. Navy announced two ship repair contracts Aug. 22.