SDBJ WEEKLY EDITION
MEDICINE: It Aims for Wound Simulations to Be A Cut Above Others
Stu Segall Productions, once a television studio that filmed racy crime shows in the ’90s, is now home to all manner of disasters: active shooters, overturned vehicles, and building collapses, to name a few.
ECONOMY: Tourism, Retail Sectors at Risk; Flood Damage a Concern
Meteorologists around the world are warning of a possible record-setting El Niño weather pattern this winter that could bring intense rain and flooding to Southern California, directly threatening nearly 5,000 San Diego businesses.
RETAIL: Company Holds Open House at New Headquarters
Leaders of Petco Animal Supplies Inc. recently welcomed visitors to the company’s new 300,000-square-foot headquarters facility in Rancho Bernardo. But officials at press time remained mum on reports that at least four private-equity firms are seeking to take over the pet products retailer.
Ezoic has scored a berth as one of the first Google Certified Publishing Partners. The Carlsbad software business serves small website publishers by figuring out which layout of a website attracts the most viewers.
TECH: Company to Deploy Sensors in Imperial Valley
A business that seeks to provide clients with several seconds of advance notice when an earthquake strikes is expanding in Southern California by buying capacity on a local scientific radio communications network.
MEDICINE: Tri-City Patients Gain Access To Some UC Services
UC San Diego Health and Tri-City Healthcare District announced that they have entered an exclusive, long-term partnership that could boost the Oceanside hospital’s long-term viability while expanding the university’s reach into North County.
You don’t find bargains like this every day. A contemporary mansion perched atop Paint Mountain in Escondido recently shattered the city’s record sale price when it sold for $5.5 million. The previous high sale price in Escondido was $2.8 million. But the Paint Mountain home had been listed for as much as $12.5 million.
PROPERTY: BioMed Buy Gets Exceptional Portfolio
Pending shareholder approval, San Diego’s BioMed Realty Trust Inc. will soon join the growing roster of high-profile local entities now controlled by the private equity giant Blackstone Group, which analysts said has recently been taking parked money off the sidelines to diversify its U.S. and global real estate holdings.
BIOTECH: EDC Study Calls For More Support, Outreach
Work done at local research institutes makes a big impact on San Diego’s economy, according to a new report. The San Diego Regional Economic Development Corp. pegs the local impact of nonprofit research institutes at $4.6 billion each year.
AGRICULTURE: Production Drops 2 Percent in 2014
The value of San Diego’s agricultural products fell slightly last year, declining about 2 percent to $1.82 billion from the year before, as avocado output dropped sharply amid rising water costs and a law requiring cage-free henhouses made raising eggs more expensive.
TECH: Zeeto Provides Tools for Cos. to Build Their Customer Base
Zeeto knows how to make customers happy — and businesses even happier. The five-year-old company developed a unique and proprietary technology platform that entices consumers to visit its two uber-popular websites — samples.com and getitfree.us — with offers of free goods. It then connects them with consumer-products companies through a series of discreet, but targeted questions, in the process creating a footprint that allows the businesses to more effectively market their products.
WORKFORCE: Many Sectors Are Looking to Hire as Gains in Employment Are Made in Most Major Industries
San Diego’s technology, life sciences and health care sectors remain the region’s largest sources of employment growth and are expected to continue hiring at a steady clip throughout the next year, economists say.
One of San Diego’s brightest life science stars has gone into stealth mode. Tina Nova has left her senior executive position with Illumina to become President and CEO of a new company in San Diego. She won’t divulge its name, only that it is focused on molecular diagnosis of organ-specific diseases in blood.
FINANCE: S.D. Base Aligns With Leader’s Connections
San Jose-based Bridge Bank is using San Diego as the base of operations for its newly launched life sciences banking group, aiming to serve biotech, medical device and pharmaceutical companies nationwide in need of multimillion-dollar loans.
RETAIL: Haggen Exit Opens Door for Grocers To Grab Prime Locations
If there’s a local company with experience navigating an increasingly tough grocery climate, including finding strategic places to locate where competitors have fled, it’s Point Loma-based Barons Market. The family-run, small-format grocer last fall opened its fifth store in Alpine, in a spot vacated by Fresh & Easy Neighborhood Market. By this December, it plans to open its sixth store in Murrieta, taking about half the space in a building vacated last year by Ralphs.
ECONOMY: Income, GDP Up; Bay Plans May Also Boost Area
South County experienced significant growth outpacing San Diego County within the past couple of years and is expected to keep that momentum with the development of the Chula Vista bay-front.
TRAVEL: FAA: No Increase In Air Traffic; Residents Wary
Federal authorities’ proposed change in a flight path out of San Diego International Airport has Point Loma residents upset about potential impacts, including noise and hits to home values, though one local aviation consultant says flight-related economic and other effects are likely to be negligible.
General Atomics Aeronautical Systems Inc. received two aircraft contracts from the U.S. Army at the end of September.
SPORT: Yulex Corp. Gets Natural Rubber From Guayule Plant
San Diego is not only home to the first “green” surfboard made from algae, but it also claims a wetsuit made from desert shrubs. It smells like pine trees and eucalyptus, a far cry from that hot rubber smell of a neoprene suit left in the backseat of a surfer’s car.
SPORT: An Entrepreneur and a Scientist Look to Re-Shape Surfboard Making With an Algae-Based Board
The wave of algae products ― from baby formula to biodiesel ― has a new application: surfing.
Sometimes the talent does leave San Diego. Brewmaster Chuck Silva, whose arrival in 2004 coincided with the beginning of Green Flash Brewing Co.’s growth to the fourth-largest craft brewer in the county, has resigned to start Silva Brewing Co.. He and his wife, Mary Jo, will be building an operation in or nearby his hometown of San Luis Obispo.
TECH: Space Micro Takes Shot At More Commercial Business
In a few years, NASA will spend $87 million to send its latest satellite into space, hoping to find small planets roughly the size of Earth. The satellite, dubbed TESS, will track the brightness of a half-million stars over two years, watching for a flicker caused as a planet crosses in front of the star it is orbiting.
SPORT: Gulls Bank on Ties to Ducks, Higher Level of Play
Seven minor league hockey teams have tried to make it in San Diego since 1944, none lasting much more than a decade and many folding as their leagues shut down. So it may not immediately be clear why yet another team is reviving the San Diego Gulls name this year to bring professional hockey back to Valley View Casino Center, starting Oct. 10. But the shared name is one of the only things connecting the new Gulls to their ultimately unsuccessful predecessors.
PROPERTY: A Project and A Purchase Turn Developer’s Attention Back to City’s Center
Nearly 35 years after he built his earliest office and hospitality projects in downtown San Diego, including the region’s first high-rise waterfront hotel, Douglas Manchester’s primary development focus is now returning to that neighborhood.
There’s a revolution taking place in our own backyard. Innovative medical devices and diagnostic tests are changing the way medicine is being practiced, providing new and transformative solutions for age-old health problems. These successes are having a profound impact on patient health and San Diego’s economy.
There are scores of charming neighborhoods in San Diego County, but the Barber Tract in La Jolla is one of the most beguiling. Reminiscent of Carmel in Northern California, the streets of the community are lined with vine-covered cottages, grand estates and a treasure trove of architecturally significant, historic homes.
People gathered recently at the USO San Diego to put together 300 “We Care” packages for U.S. service members. Military families were joined by Toyota and the Padres Volunteer Team to build packages for service members.
PRODUCTION: San Diego’s Manufacturing Scene Is More Suited for the Advanced Jobs
Bob Grande started what would become Quality Controlled Manufacturing Inc. out of his garage in 1978, using a conventional lathe and mill to machine parts for larger manufacturers.
BIOTECH: Experienced Scientists, a Revolutionary Platform With an Assist from the Immune System Help to Take On Potentially Fatal Fungal Infections
Over the past decade, many drugmakers stopped trying to fight superbugs, citing high research costs, poor returns and too much red tape.
Hanna Balcha plays on the women’s varsity squash team at Dartmouth College, one of the 19 colleges and universities that accepted her upon her graduation from The Preuss School UCSD.