SDBJ WEEKLY EDITION

SD 500 Special Edition

The Most Influential People in San Diego

Oxford-based Microscope Maker Arrives in UTC

TECHNOLOGY: Seeking Global Presence, ONI Chooses San Diego as New Headquarters, Plans to Hire

Oxford Nanoimaging (ONI), the maker of a desktop microscope that lets scientists see single cells at the molecular level, has moved its headquarters from Oxford, England to the University Towne Center.

Businesses Find Many Opportunities

Advertising, Fashion, Surfing Cos. Optimistic

WowYow, a North Park-based visual artificial intelligence company, has received investment from Launch Factory and Andy Ballester, the co-founder of GoFundMe.

South County Jobs Fueled by Blue Economy and Logistics

San Diego’s Southern Region Builds Momentum Off of Coastal Location and Proximity to U.S.-Mexico Border

Location is everything when it comes to understanding what is fueling jobs and long-term growth for the South County.

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CH Projects to Launch Downtown Members-Only Club

HOSPITALITY: The Reading Club Will Open in September at the InterContinental

Consortium Holdings, better known as the restaurant and bar group CH Projects, will soon premiere its most innovative project yet.

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Plant Power to Double Locations

Revenue Up from $1.1M in 2017 to $14.5M in 2020

Plant Power Fast Food, the Escondido-based vegan fast food chain with eight locations, plans to nearly double its number of stores as well as its revenue by 2022.

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Mitek Systems Makes Acquisition, Sees Record Profits

FINANCE: Firm Closes $49M Deal; Surpasses $100M in Revenues

Mitek Systems, which makes software geared to mobile image capture and identity verification, has acquired startup ID R&D in a $49 million deal.

Liquid Instruments Raises $13.7M in Series B Round

TECH: Co. Builds Portable Lab Technology

Liquid Instruments, a local company and maker of an 8-in-1 scientific measurement device geared towards students and engineers, has raised a $13.7 million Series B round in venture capital funding.

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A Generous Donation

SDBJ Insider

The Lawrence Family Jewish Community Center Jacobs Family Campus has received a $5 million donation from Joan and Irwin Jacobs.

San Diego Changes Terminal Street Directions

TRANSPORTATION: Cross Border Xpress Request Approved

Cross Border Xpress (CBX) recently received approval from the City of San Diego’s Planning Commission to convert city streets within the 64-acres satellite airport terminal to private streets.

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Dr. Bronner’s Makes Dark Chocolate Bars

Ethical Line to be Available Nationwide This Summer

Dr. Bronner’s, the Vista-based natural soap maker, is trying its hand at sweet confections.

Convention Center Preps for August Reopening

TOURISM: Approximately 70 Events Scheduled Through June 2022

The San Diego Convention Center Corporation, which halted meetings and conferences last March due to the COVID-19 pandemic, is readying to reopen.

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Special Report: South County

South County Jobs Fueled by Blue Economy and Logistics

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Big Bay Boom Returning July 4

Annual Fireworks Show Generates $10.1M in Incremental Business

After a hiatus last year due to COVID-19, the Port of San Diego’s Big Bay Boom fireworks show will mark its return to the San Diego waterfront this year.

Predicted Exodus Skipped San Diego

Area Still One of the Most Desirable Places to Live

The migration of people moving from urban centers to the suburbs as a result of the pandemic never happened in San Diego, according to a report from Newmark, a commercial real estate brokerage and research firm.

Lightspeed Acquires Ecwid

Lightspeed POS Inc., has acquired a local startup to beef up its e-commerce offerings.

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San Marcos Farm Sells Unique Crops to Nation’s Top Chefs

AGRICULTURE: Girl & Dug Farm, Lucky Growers Expects 15% Revenue Growth in 2021

Aaron Choi’s farm operation is not your typical farming business. Located in San Marcos and at just under 60 acres, Lucky Growers grows mostly Asian veggies.

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Businesses Upbeat About the Months Ahead

Cal State San Marcos Project Takes Stock of the Economy for Remainder of the Year

Business leaders in San Diego County feel the economy is poised to turn around after the COVID-19 pandemic, with slightly more than one-third forecasting that it will happen in the next six to 12 months.

Region’s Brewers Regain Confidence

Spring 2021 CSUSM Business Confidence Index

San Diego County’s craft brewing community is feeling confident about the future, according to a just-released survey conducted by the College of Business Administration at Cal State University San Marcos.

Tourism Begins Rebuilding Process

Spring 2021 CSUSM Business Confidence Index

Tourism and hospitality is on the rebound, but it may take up to two years to achieve pre-COVID levels. That’s the view of 93% of people who responded to a recent survey.

Biotech Ranking Introduced in 2021

Spring 2021 CSUSM Business Confidence Index

Students at the College of Business Administration at Cal State San Marcos have begun monitoring San Diego’s biotechnology sector — an area that has weathered the storm of COVID-19 well.

Baker Tilly Taps New Managing Partner

ACCOUNTING: Firm is One Of 10 Largest Nationally

Baker Tilly US, one of the largest accounting firms in the country with a presence in San Diego, has appointed Thomas Bennett as managing partner for the firm’s Orange County and San Diego markets.

In Person Is Back

SDBJ Insider

June looks like it is going to be a month of excitement as many businesses and organizations are planning to bring back in person work and events.

New $40 Million Arena Breaks Ground

DEVELOPMENT: Oceanside’s El Corazon Area Surges with Activity

A key piece in the development of the 465-acre El Corazon section of Oceanside will fall into place this month when Sudberry Properties and the San Diego Sockers start construction of a $40 million arena that will be the home of the soccer team.

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The Busalacchi Group Plans Expansion

Little Italy-Based Restaurant Co. to Open Fourth Location by End of Year

The Busalacchi Group, founded in 2008 and with three food places in Little Italy these days, is planning to expand.

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Hologic Receives $179M Contract for SARS-CoV-2 Assays

U.S. Army Buys Gear to Test for COVID-19; Solute Gets Information Technology Work

The U.S. Army awarded Hologic Inc. (Nasdaq: HOLX) a three-year, $178.5 million contract for Panther Fusion SARS-CoV-2 assays, Aptima SARS-CoV-2 assays, multiplex test kits and associated reagents and consumables.

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Spanish Inspired Sky Deck Completed

CONSTRUCTION: COVID-19 Delays Final Piece of $120M Center Expansion

A $120 million expansion of the Del Mar Highlands Town Center shopping center in Carmel Valley is wrapping up with the completion of Sky Deck, a 26,700 square foot dining center that will include eight restaurants, three breweries and an open-air cocktail lounge.

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Border Project Could Have $1.2B Impact

ECONOMY: Bid for World Design Capital Designation Accepted

The bid by the Design Forward Alliance on behalf of the University of California San Diego’s The Design Lab for the World Design Capital designation has been accepted by the World Design Organization.

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TaylorMade Sold To Korean Firm

MANUFACTURING: Co. Poised for Growth

Carlsbad-based TaylorMade Golf Company Inc. is being sold to Centroid Investment Partners, a Seoul, Korea, based private equity firm.

CMX Raises $50M Series A

TECH: Co. Helps Brands Manage Risk

ComplianceMetrix (CMX), a San Diego-based enterprise quality management software maker, has raised $50 million in Series A funding.

$9 Million Upgrade to Santee Lakes Center Completed

CONSTRUCTION: Grand Opening Scheduled for June 17

A $9 million upgrade to the Santee Lakes Recreation Preserve has been finished, including construction of a new administration building, fishing dock, expanded general store and picnic area.

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