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 Receives Contract for Aircraft Carrier Launch and Recovery Sytem

General Atomics of La Jolla said on Aug. 13 that it received an initial, sole-source contract to provide the electromagnetic launch and recovery systems to be installed on the second ship of a new class of U.S. Navy aircraft carriers.

Local Beer Summit Tackles Ideas to Improve ‘Hops Highway’

BREWING: North County Efforts Currently Skewed to Production

Craft beer is now a significant economic generator in North County, but more can be done to put the region’s “Hops Highway” — the nickname for Highway 78 — on par with the impact now seen in places like the city of San Diego’s 30th Street “Craft Beer Corridor.”

Sempra Sales, Profits Going in Right Direction

ENERGY: Second-Quarter Net Income Up 9.8%; Key Project Gets Financing

Sempra Energy, San Diego’s second-largest company by revenue, is on track get bigger this year, both in sales and profits.

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Picking Winners

Manufacturing: Rising Instrument Sales Are Music to Industry’s Ears

Thanks in part to the recent popularity of Hawaiian ukulele virtuoso Jake Shimabukuro — with an assist from pop stars Jason Mraz, Taylor Swift, Bruno Mars and others — the miniature stringed instruments have become a big seller at San Diego-based Bertrand’s Music.

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Sempra's Q2 Net Earnings Up 9.8%

Sempra Energy reported second quarter net earnings of $269 million, up 9.8 percent from the net profit in the second quarter of 2013.

Pulse Electronics Reports Q2 Net Sales of $93.6M

Pulse Electronics Corp., a San Diego based maker of electronic components, reported second quarter net sales of $93.6 million, up 6 percent from the prior year’s second quarter.

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Sempra and Its Partners Approve Final Financing Decision for Louisiana LNG Plant

Sempra Energy announced that it and its partners approved the final investment decision for the natural gas liquefaction and export project planned in Louisiana.

San Onofre Cleanup Expected to Cost $4.4 Billion

Southern California Edison said that its plan to decommission the San Onofre Nuclear Generating Plant would cost $4.4 billion.

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Cubic Reports Q3 Results

Cubic Corp., the San Diego defense contractor and provider of mass transit fare systems, reported fiscal 2014 third quarter revenue of $340.4 million, up 1 percent from the like quarter of last year.

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OneRoof Energy Raises $1 Million in Loan Funding

OneRoof Energy Group Inc., a San Diego solar power finance provider, said it closed on $1 million of additional loan funding under an existing loan arrangement. The loan was made by Hanwha Holdings Inc., an existing shareholder of the company.

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ViaSat Shares $116.8M Defense Deal With Iowa Company

The Department of Defense said on July 30 that ViaSat Inc. and Data Link Solutions LLC will share a $116.8 million contract modification to do systems engineering and integration on sophisticated military radios:

Medical Marijuana Inc. Makes $6.8M Deal for Dixie Botanicals

Medical Marijuana Inc., a San Diego publicly traded company (OTC: MJNA) said it officially assumes control of Dixie Botanicals, a Denver based business that makes cannabidiols (CBD), the main component in a variety of hemp oil products, in a transaction that will likely increase its staff.

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ViaSat Acquires Some of Gray Labs' Assets

ViaSat Inc. said on July 28 that it acquired certain assets of Georgia-based Gray Labs Inc. for undisclosed terms.

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Sapphire Names Levine President, CEO

San Diego-based Sapphire Energy Inc., a producer of algae cultivation technologies, appointed James Levine as president, CEO and board member, the company announced.

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Green Flash Brewing to Distribute in Europe, Expand to Poway

Beverage: San Diego Beer Maker’s Product Now Sold in 11 Other Countries

San Diego-based Green Flash Brewing Co. is the latest expanding beer-maker to extend the reach of its popular brews well beyond U.S. borders.