56.4 F
San Diego
Thursday, Feb 9, 2023

Regional Roundup

VISTA: Directed Electronics Taken Off Credit Watch Lists

Directed Electronics Inc., a designer and marketer of car alarms and other electronic devices, said recently that Standard & Poor’s and Moody’s, two credit rating firms, removed the publicly traded company from their credit watch lists.

Kevin Duffy, DEI’s chief financial officer, says the company’s removal from the lists reflects its improved balance sheet, due mainly to a $40 million repayment of term debt in the fourth quarter of 2007.

For the first quarter of 2008, DEI reported a net loss of $1.6 million on revenue of $60.5 million, on May 8.

The company’s stock is traded on Nasdaq under the symbol DEIX.

- Advertisement -

, Mike Allen

ENCINITAS: Group Spends $1.6M to Preserve Piece of History

The nonprofit Encinitas Preservation Association has purchased two historic boat houses, and a four-unit apartment building behind the boats, on Third Street for $1.6 million.

The boat houses, the SS Moonlight and SS Encinitas, were built in the 1920s by Miles Minor Kellogg.

The recent purchase was made with support from the city, a bank and a private developer. The association plans to register the houses on the National Registry of Historic Places.

In January, the City Council released $210,000 from the city’s affordable housing fund to help buy the property and refurbish the apartments. The council also accepted a developer’s payment of $632,000 toward the purchase. Additional financing came from Escondido-based California Community Bank, which recently opened a branch in this city. The association hopes to restore one of the two boat houses and open it to the public as a museum.

, Ned Randolph

SANTEE: Head to HomeTown for Networking, Good Eats

The Chamber of Commerce is hosting a networking breakfast from 7:25 to 8:30 a.m. May 20 at HomeTown Buffet, 265 Town Center Parkway.

Cost of admission is $6 and includes breakfast and a raffle ticket. For more information, call the chamber at (619) 449-6572.

, Heather Chambers

CHULA VISTA: Farmers Market Sure to Produce Interest in Mall

The grand opening of the Otay Ranch Town Center’s Certified Farmers Market was held May 13.

The market is set for 4 to 8 p.m. every Tuesday at the center. The mall is located at Eastlake and Olympic parkways in the eastern part of the city.

, Mike Allen

ENCINITAS: Brinks Services Gets $700K Contract to Fix Plumbing

Brinks Services Inc. of Kearny Mesa has won a $700,000 contract to fit 184 condominium units at Cardiff Cove with a CuraFlo epoxy to coat all the copper pipes in the 46-building, 17-acre hillside complex.

To avoid having to make a special assessment to pay for the epoxy coating, the Cardiff Cove Homeowners Association has set up a six-year plan with the condo owners. The association’s president, Richard Bosch, says that leaks have caused severe damage to some of the homes.

, Ned Randolph

CARLSBAD: Company Hopes to Deliver Satisfaction to Campers

Campsite Delivery, a company offering camping gear rentals, opened recently. Its new Web site, www.campsitedelivery.com, allows visitors to read comments and reviews about campgrounds, reserve a site, and arrive at one that is already set up.

Packages consist of all the necessary gear, additional luxuries such as hot running water and options that include decorated tents with area rugs and plants.

According to Leslee Gaul of the California Welcome Center in Oceanside, the facility attracts 100,000 visitors annually and 13 percent of them stay at a local campground.

, Connie Lewis

OCEANSIDE: Boardworks’ Surfin’ Safari Leads Firm to Hawaii’s C4

Boardworks International, a global surfboard distribution company, has been acquired by C4 Waterman Inc. of Honolulu for an undisclosed price.

Mike Fox, one of the founders of C4 Waterman, made the announcement May 12. Boardworks will remain in California and be operated by Bob Rief, who has worked with companies such as Nike Inc. and Reef.

, Connie Lewis

IMPERIAL BEACH: Reyes Construction Works To Improve Beach Area

Work is under way on the Palm Avenue street end improvement project, according to the San Diego Unified Port District, the agency overseeing the project.

Reyes Construction Inc. of National City will handle construction on the $2.8 million project, which will create a parklike setting where the street meets the beach, and install equipment to divert storm water runoff. The centerpiece of the area will be “The Spirit of Imperial Beach,” an 18-foot-high bronze sculpture by Coronado resident A. Wasil.

, Brad Graves

SOLANA BEACH: YoNaturals Bringing Its Healthy Touch Up North

YoNaturals Inc., a company that puts natural and organic foods in vending machines, said May 8 that it has gone international. Rick and Cindy Stewart own and operate the newly launched Canadian branch of YoNaturals in Edmonton, Alberta.

Company vending machines, stocked with items such as Clif Bars and Metromint Water, have been placed in an unspecified number of workplaces in Edmonton.

, Brad Graves

DEL MAR: Benchmark Deal Part of $25M L’Auberge Upgrade

Benchmark Landscape Inc. says it is nearing completion of landscape installation at the renovated L’Auberge Del Mar resort and spa.

The $600,000 contract includes removing all existing soil and plant materials and replacing them with native plants and trees and dozens of palms.

The Poway-based landscaper also is installing irrigation and drainage systems and renovating about 40,000 square feet of turf. The first phase of renovations at L’Auberge is expected to be completed in early June. Renovation costs at the resort total $25 million.

, Michelle Mowad

NATIONAL CITY: Westfield Plaza Bonita Books Borders as Tenant

Borders, a national bookstore chain, has opened at Westfield Plaza Bonita. Grand-opening celebrations were held May 9 through 11.

Borders is a subsidiary of Borders Group, a $4.1 billion retailer of books, music, movies, magazines, gifts and stationery items. There are more than 1,100 stores worldwide, according to its Web site.

, Michelle Mowad


Featured Articles


Related Articles