San Diego Business Journal

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Carlsbad Desalination Plant Said to Be 65% Complete

The Carlsbad Desalination Plant that began construction last year, and claims to be the largest desalination plant in the western hemisphere, is 65 percent complete, said developer Poseidon Water.

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Franklin Wireless Corp. Reports FY2014 Net Sales of $30.9M

Franklin Wireless Corp., a San Diego maker of high speed wireless modems, routers and modules, reported net sales for its 2014 fiscal year of $30.9 million, down from net sales of $32.8 million in the prior fiscal year.

Report Gives Picture of Region's Manufacturing Sectors

In advance of National Manufacturing Day on Friday, Oct. 3, a new local study finds that nearly 3,000 San Diego companies are engaged in the activity, and employ more than 94,000 workers who earn an average of $75,800.

South County EDC to Host Economic Summit at Convention Center

The South County Economic Development Council, the nonprofit business advocacy organization for the South Bay, hosts its 24th annual economic summit Oct. 10 at the San Diego Convention Center.

Irwin Jacobs Makes Forbes' 400 Wealthiest Americans List

Qualcomm Inc. co-founder and retired chairman Irwin Jacobs was the only San Diegan to make this year’s Forbes list of the 400 wealthiest Americans.

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PriceSmart Acquires Land in Panama for New Warehouse Store

PriceSmart Inc., the San Diego operator of warehouse club stores in Latin America and the Caribbean, said it acquired 239,000square feet of land in Chorrera, Panama where it intends to open a new warehouse store in the summer of 2015.

Business Workshop Will Focus on Tax Credits for Job Creation

Small, medium and large businesses interested in qualifying for a state tax credit for creating new jobs can get more information at a free workshop Oct. 13 presented by the Governor’s Office of Business and Economic Development and the San Diego Regional Economic Development Corp. held at San Diego City College’s Corporate Education Center starting at 1 p.m.

Pulse Electronics Says It Will Voluntarily Delist From NYSE

Pulse Electronics Corp., the San Diego manufacturer of electronic components in China, said it decided to voluntarily delist its common stock from the New York Stock Exchange and deregister the shares with the federal Securities and Exchange Commission.

Youngevity Subsidiary's New Coffee Contracts Expected to Generate $2M in Revenue

Youngevity International Inc., a Chula Vista based direct marketer of gourmet coffees and other products, said the Green Coffee sales division of its wholly owned subsidiary, CLR Roasters, procured several new contracts for its shade-grown, Arabica green coffee distribution business that is expected to generate $2 million in gross revenue.

Home Bank Seems to Always Be Making Profitable Moves

When Home Bank of California changed its address last year and moved to Kearny Mesa from Pacific Beach, the idea was to mine the more heavily concentrated business neighborhood.

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