San Diego Business Journal

SDBJ WEEKLY EDITION

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The Nassco Shipyard Is Looking to Build Up Its Workforce

LABOR: Commercial Business Including 5 Tankers Drives Need

After half a decade of job cuts, General Dynamics Nassco is changing course by hiring large amounts of workers.

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Truth Is You Don’t Want to Be Lying to This Investigative Tool

SECURITY: Touch Screen Device Works Quickly and Doesn’t Need Administrator

Phil Sprague has seen his share of liars in his career, having worked as a police officer and a criminal investigator.

Opponents of Wage Hike Turn in Petition

Opponents of a planned hike in San Diego’s minimum wage said they have collected more than 56,000 petition signatures, well above the 34,000 required to place the issue before voters.

Local Cos. Get Defense-Related Contracts

The Pentagon announced that it awarded several military construction contracts to San Diego County companies.

Groups Joining the Battle Over Proposition 46

LAW: Measure Said To Increase Cost of Care by $9.9 Billion

Local government organizations and business coalitions are banding together to oppose a health care ballot initiative they say is fiscally irresponsible and damaging to taxpayers.

County’s Roads Are Rough on Cars, Wallets

TRIP, a national transportation research group in Washington, D.C., releases a report about California’s horrible road conditions, and San Diego is among the counties included in the survey.

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Make Room for More In Mission Valley

PROPERTY: New Mixed-Use, Apartments Planned for Area

Two more projects were recently added to a growing list of developments in the works for San Diego’s already-busy Mission Valley neighborhood.

Contender Is Ready For Food-Safety Fight

BIOTECH: Product’s First Target is Poultry Processing

Pure Bioscience Inc., a company in El Cajon, has acquired $7.9 million in private financing to continue development of its nontoxic antimicrobial, SDC, which can be sprayed directly on food to kill harmful bacteria such as salmonella and E. coli.

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Growing problem

PRODUCTION: Advanced Manufacturing Is Increasing But Will Its Worker Pool?

The work at Rancho Bernardo’s D&K Engineering isn’t easy to classify.

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Pop-Up Plaza Brings Input on Urban Use

PROPERTY: Carlsbad Tries To Revitalize Small Spaces

The leader of Urban Place Consulting Group likens it to the urban-planning version of what the software industry calls beta testing.

Export-Import Bank Is a Vital Tool for Trade

Economic growth, job creation, and maintaining global competitiveness have to be at the top of any congressional priority list. The Export-Import Bank is a key component in our country’s competitiveness strategy, supporting hundreds of thousands of jobs while promoting economic growth.

Market Has Spoken: Advocate for Small Business

Late last month the San Diego Regional Chamber of Commerce announced that the organization was taking a new direction: political activism, advocacy and improved communications with members and nonmembers alike. The chamber’s ultimate goal is to make San Diego the most business friendly community in California.

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Executive Q&A: Greg Lucier

In a single decade Greg Lucier transformed a small biotech startup, Invitrogen Corp., with 1,500 employees into Life Technologies Corp., an international giant with more than 12,000 employees, 5,000 patents, 50,000 products and nearly $4 billion in sales in more than 180 countries.

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When Funds Flow

FINANCE: Biotechs Still Eyeing IPOs; VC Backing Is Strong in 2nd Quarter

Venture capital investment in the biotechnology sector of San Diego continues to climb despite the industry’s reputation of being volatile and risky.

Help Turn the Tide on Trash By Joining Coastal Cleanup Day

I Love A Clean San Diego is celebrating its 30th anniversary Sept. 20 by hosting Coastal Cleanup Day.

Higgs Fletcher & Mack Celebrates 75 Years in World-Class Style

Higgs Fletcher & Mack LLP is 75 years young this year and last week held a fine reception to recognize that in its newly remodeled, 26th floor offices downtown.

SDG&E Statistics Put in a Plug for Electric Vehicle Use

Electric vehicles are making inroads on local roads.

Expanding Health Care Options Include Crossing the Border

INSURANCE: Plan Provides Primary Care In Mexico for Workers

A Chula Vista-based company is bringing a new offering to the table providing cross-border health options for people living and working on both sides of the U.S.-Mexico border.

Accion San Diego Receives Record Treasury Department Grant

Accion San Diego, the local microfinance lender that makes loans from $300 to $75,000, recently received the largest grant in its 20-year history when the U.S. Treasury Department gave it $880,000.

ResMed Inc. and APEX Medical Corp. Settle Patent Disputes

ResMed Inc. and APEX Medical Corp. have agreed to a confidential settlement resolving their outstanding patent disputes.

Venture Group’s New President Knows the Scene and San Diego

FINANCE: Mike Krenn Sees Opportunities, Expects More Investment Activity

The San Diego Venture Group named Mike Krenn, a longtime business-development professional, as its new full-time president.

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Company Sees Its Future in World of Quantum Computers

TECH: Qubitekk Uses Lasers, Photons To Aid in Encryption

The mind-bending world of quantum computers and quantum encryption has a potential supplier in North County.

Abacus Data Opens Its Third Office

San Diego-based Abacus Data Systems Inc., which offers information technology services to the legal community, said on Sept. 4 that it opened a third office with 5,300 square feet and 50 work stations.

SDG&E Seeks More Local Energy Sources

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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County Hotel Deal Pricing Puts It in Top Spot

TOURISM: Good Room Metrics Boost Prices of Properties

San Diego topped all other California counties for the value of hotel property sales deals completed in the first half of 2014, according to the latest data from Atlas Hospitality Group, and the local region will likely see increasing scrutiny from investors amid continuing improvement in the hospitality economy.

Rankings Paint a Picture Of San Diego

San Diego is in the spotlight, making a lot of interesting lists these days … Consumer rating website betterdoctor.com ranks our region No. 25 based on the ratio of primary care doctors to the population. Greenville, S.C., tops that list with a doc for every 377 residents.

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Region’s Exports Hit Record Level in 2013

TRADE: Goods Go Mostly To Mexico’s Maquiladoras

Exports emanating from San Diego grew 4 percent last year to a record $17.9 billion, says a recent report from the U.S. Department of Commerce’s International Trade Administration.

Downtown Project Pipeline Wide Open

PROPERTY: Residential Plans Are Coming to Life

Developers have submitted plans for a 19-story mixed-use project that would bring 320 apartment units to East Village, the latest of several developments planned or under construction in the recently bustling neighborhood of downtown San Diego.

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City Council Considers Increasing Taxi Permits

TRANSPORT: Cab Owner Says Market Can’t Handle More

The unhappiness in taxicab owner Tony Hueso’s voice is apparent as he sums up the plan to expand the number of cabs on the streets of San Diego.

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Rising Tourist Tide

TOURISM: Midway and Maritime Museum Draw Crowds to Their Ships

At a spot on the downtown waterfront, within sight of the exact place where Juan Rodriguez Cabrillo first sailed into what is now called San Diego Bay in 1542, workers are busily assembling a full-scale replica of the explorer’s Spanish galleon, known as the San Salvador.