Stories for June 2018
Thursday, June 28
Mergers: Pharma Must Consider Many Factors in Buy
Earlier this month, an executive from New Jersey-based Celgene blamed Receptos, a San Diego firm that it bought, for a major regulatory setback.
PRODUCTION: Home Fan Launch Will Provide Another Revenue Stream
If you ask Solatube International Inc., president, Bob Westfall Jr., to describe what the daylight and ventilation systems manufacturing company is about in one sentence, he’d simply say: “fresh air and natural light — that is our business.”
WORKFORCE: New Software, Tutoring Help Keep Students on Track
Although performance-based funding hasn’t come to California’s public universities, California State University San Marcos has begun taking steps to demonstrate how it is helping students succeed.
New State Plan Changes Formula For Determining Level of Funding for Community Colleges
No longer content to tie support for community colleges primarily to enrollment levels, state officials have approved a new funding formula that will require the schools to demonstrate how well they are performing.
Royale Energy Inc., an El Cajon-based petroleum producer and marketer, said it is in discussions to acquire assets in Texas’ Permian Basin and the greater Los Angeles area.
San Diego-based Green Flash Brewing Co. has opened its first full-scale restaurant in Lincoln, Nebraska, next to the University of Nebraska campus.
Moody’s Investors Service Inc. placed the credit rating of Sempra Energy (NYSE: SRE) on review for a downgrade, citing several concerns about the company's business.
McClure takes over for Dean Odle, whom the credit union hired in April of 2017 following the retirement of Robin Lentz, who led the institution for 37 years.
San Diego-based Gossamer Bio entered into an agreement to develop and commercialize compounds from Cincinnati’s Aerpio Pharmaceuticals, in a deal worth as much as $420 million.
An associate professor with Salk Institute was named one of three winners of the Blavatnik National Awards for Young Scientists, which comes with $250,000 for her pioneering bacteria research.
Wednesday, June 27
In addition to R&D in San Diego, Cibus also operates subsidiaries in Europe and North America.
Land is a big reason that North County has become such a big draw for commercial real estate development, but that’s only part of the picture, according to a report by the commercial real estate firm of Cushman & Wakefield.
Bankers Hill on the edge of downtown San Diego is drawing renewed interest from developers, who see its proximity to Balboa Park and its reputation as one of the city’s most walkable neighborhoods as attributes few other locations can match.
PRODUCTION: New CEO Leverages Distribution Channels, Diverse Clients
Cables, connectors and jumpers. That’s the space where specialty manufacturer RF Industries Ltd. is finding its spark.
John Farnam of Receptos has been named as COO of Kura Oncology. He will start in the newly created position July 1.
Joel Davis is departing KGTV/ABC 10 for a similar position in Raleigh, N.C., which might prompt a few raised eyebrows. Really, Raleigh?
Tuesday, June 26
PROPERTY: WD-40 Emphasizes the Tribe and Shows Its Creative Vibe
Looking for that can of WD-40? Try under the kitchen sink.
The Notre Dame-Navy football game on Oct. 27 at SDCCU Stadium will have an obvious built-in fan base given the military presence here. But there are some new Notre Dame stakeholders in the market as well.
TECH: Ex-Qualcomm Execs Go To Work Sans Corporate Perks
Money is often an obstacle to entrepreneurial success, but even well-funded startups sometimes struggle to build a company from scratch.
Paid for by the San Diego County Airport Authority, the estimated total cost of the project is $229.4 million and it was a joint venture by contractors Turner Construction Company and PCL Construction Services, Inc.
The foundation did not cite a reason for Mead’s departure in a terse press release.
New senior director has 17 years of experience working at nonprofit organizations, is a member of a multigenerational military family.
Calibr, a nonprofit affiliated with Scripps Research, announced a collaboration with pharmaceutical AbbVie built on developing therapies, primarily for cancer, including solid tumors.
Arlan Hamilton, founder of venture firm Backstage Capital, will talk in a fireside-chat style event with San Diego entrepreneur Liane Thompson the evening of June 26 at Civic Center Plaza.
Monday, June 25
PROPERTY: Rare Coalition Plots Steps for Expansion
Preliminary construction on a $685 million project to expand the San Diego Convention Center could start as soon as next summer — pending voter approval of a November ballot measure to pay for it.
SOFTWARE: Mitek’s Tools Take Verification to Next Level
On the internet, nobody knows you’re a dog — or so goes the early 1990s adage about online anonymity.
The U.S. Food and Drug Administration has approved a plant-derived cannabis medicine, benefitting Carlsbad’s Greenwich Biosciences, the U.S. subsidiary of United Kingdom-based GW Pharmaceuticals.
System uses a central hub device and "peel-and-stick" sensors to monitor heat and movement.
Sempra Energy plans to talk about its future later this week, and in doing so will offer some sort of response to activist investors’ plans to remake the company.
Sunday, June 24
BIOTECH: It’s Still Low For Medtech Peers; Co. Inks International Deals
This comeback story appears to have legs.
William Welch has resigned as CEO and director of San Diego biotech Trovagene, citing personal reasons. The resignation is effective immediately.
Company's technology allows businesses and consumers to verify image authenticity.
Tandem Diabetes Care won U.S. Food and Drug Administration approval for an automated insulin technology designed to reduce the frequency and duration of low blood sugar events.
Big Green IT, a Northern California company providing cloud computing solutions, announced in mid-June that it has opened an office in San Diego.
Viasat Inc. said June 21 that it received a U.S. Air Force contract to sustain MIDS-LVT radios.
DEFENSE: Deal Part Of Viasat’s Growing Presence in Europe
In a bid to increase its international defense contracting business, Carlsbad’s Viasat Inc. bought Horsebridge Defence and Security of Cheltenham, England, closing the acquisition in early June. Terms of the deal were not disclosed.
Harrah’s Resort Southern California announced that it hosted its fourth annual “All-in 4 Change” awards luncheon, awarding $150,000 in grants to 15 of Southern California’s most deserving nonprofit organizations.
Since vulcanized tires were invented more than a century ago, the common complaint is what happens to a tire once it has served its useful life. Billions of old tires are buried in landfills throughout the world and will languish there for thousands of years because they do not biodegrade.
At the entrance to a lovely family home on Lago Lindo in Rancho Santa Fe is a low slung, white stucco wall framed with mature bougainvillea and towering eucalyptus trees.
Thursday, June 21
Kratos Defense & Security Solutions Inc. announced June 21 that its unmanned vehicle technology received government approval to drive on the public highways.
La Jolla Institute for Allergy and Immunology has elected three new board members:
The California Public Utilities Commission on June 21 turned down a proposal from San Diego Gas & Electric Co. to build a $639 million natural gas pipeline from Rainbow Station to Miramar, saying there is no need.
Real estate platform facilitates residential transactions.
A Heron Therapeutics postoperative pain anesthetic hit clinical trial targets in two additional areas, sending the company’s stock soaring.
ENERGY: Utility Enlists Five Businesses to Build Lithium-Ion Battery Sites
San Diego Gas & Electric Co. has enlisted the help of five businesses to develop more energy storage within its service territory.
A San Francisco-based seed-stage investment firm and a venture capital fund — separate businesses that work closely together — are becoming increasingly active in the Southern California startup scene.
Wednesday, June 20
ENERGY: They See Co. As Unfocused Conglomerate Of Disparate Businesses
Sempra Energy has the potential to grow to at least $139 per share, activist investors said recently as they introduced a proposal to remake the company’s board and streamline its business model by jettisoning certain assets.
San Diego-based Crinetics Pharmaceuticals, focused on endocrine-related cancers and endocrine disorders, appointed Alan Krasner as chief medical officer.
TECH: Radar Allows for Autonomous Cars to Identify Objects, Beings
A company combining a Silicon Valley pedigree with a Southern California wireless specialty has opened an office in Carlsbad.
FOOD: Tax Credits Help Ajinomoto Set Up Shop in Otay
When Ajinomoto Foods North America Inc., stumbled upon the chance opportunity to set up shop in Otay Mesa, after Tyson Foods decided to sell its San Diego-based Circle Foods plant, those in charge knew they had to jump on the opportunity.
Sharp Mary Birch Hospital for Women & Newborns was awarded a $2.9 million grant to lead a multi-hospital, international study on a technique to increase the flow of blood from the umbilical cord into the infant’s circulatory system.
Teradata filed a lawsuit in U.S. District Court against German software maker SAP, alleging that SAP took trade secrets from Teradata, infringed its copyrights and violated antitrust laws.
Cubic Corp. said on June 20 that its transportation business received a $276 million contract from Queensland, Australia.
Tuesday, June 19
When brokers at Colliers International in North County talk to clients about opening up their office space, they have a new place to take them for inspiration — the brokers’ own office.
Several CEOs pulled double duty recently in attending the SDBJ’s Most Admired CEO event at the Hyatt Regency La Jolla at Aventine and the EY Entrepreneur of the Year festivities at the Fairmont Grand Del Mar.
REAL ESTATE: Demand Insulates Some S.D. Sectors; Small Projects More at Risk
Rising interest rates have yet to have much of an effect on commercial real estate transactions in San Diego County.
The San Diego region is not keeping up with our needed housing supply, which is starting to erode our thriving innovation economy.
DINING: Gritty Past, Fun, Social Atmosphere Should Fit in East Village
Archie Moore, Ken Norton and “Cinderella Man” Jimmy Braddock fought there.
PODS has leased one of the three buildings that make up the commerce center
Petco Animal Supplies Inc. is turning to the technology world for new leadership by naming Ron Coughlin as its chief executive.
Boston-based Vertex Pharmaceuticals has opened a 170,000-square-foot research facility in San Diego, more than doubling the company’s footprint locally.
Monday, June 18
Fewer, larger rounds were raised in 2017 than in years past by Springboard alumni.
San Diego Startup Week arrives June 25 for its 6th edition. In entrepreneurial years the event may not yet equate to being a full-fledged adult, but perhaps it is a teen with keys to a car or is heading off to college.
TRAINING: Library of Lessons Comes in SaaS Subscription
Wisdom Capture was launched in 2016 by an unlikely pair.
MEDICINE: High Volume a Must; Adoption Becoming Norm
In San Diego hospitals, robots are on the rise, judging by splashy marketing and an increase in robotic surgery cases, per data obtained by the San Diego Business Journal.
Damien McDevitt has joined Carlsbad’s Ionis Pharmaceuticals as chief business officer.
Chipmaker to reduce headcount further as part of broad cost-cutting effort announced January.
What does SleepScore Labs have in common with Portugal and Real Madrid? They all have Cristiano Ronaldo working for them.
San Diego-based Ceramic Pro will begin reporting product installation details to Carfax in order to help maximize the resale value of their customers’ vehicles.
Sunday, June 17
WINERIES: Millennial Palates and Good Prices Help Push Wine’s Sales
In the last several years, rosé has risen in popularity among wine drinkers nationally. Despite being a newer and smaller market compared with its California-based counterparts like Sonoma County, Napa Valley and the Central Coast, San Diego is capitalizing on the trend.
Embraer 175 jets will fly the route.
Local Wineries See Advantages, But For Now, Fiscal, Size Realities Dilute Their Enthusiasm
Nico Roulston, owner of the Candied Apple Café in Julian known for its breakfast options and barbecue dishes, says he doesn’t serve his customers anything but wine in a can these days.
PHARMA: Scientist.com Doubles Revenue to $50M
Scientist.com reported $50.27 million in 2017 revenue, a whopping increase from $23.07 million in 2016 and $6 million in 2015.
A new UC San Diego center is targeting an unmet need: parasitic infections hurting poor and underserved communities.
Business events planned in the county for the week of June 18, 2018, and beyond.
The project is expected to be completed by early 2020.
Program teaches children age 7 to age 14 to code by showing them how to build video games.
A shareholder of San Diego-based biotech Senomyx is pushing for the company’s chairman to resign, an immediate company sale and a new board seat.
Friday, June 15
Renovations planned for both buildings
The San Diego/Imperial Chapter of the Alzheimer’s Association awarded a three-year, $175,000 fellowship to a UC San Diego researcher on a quest to determine the earliest indications of Alzheimer’s disease.
Kratos RT Logic received a $2.6 million U.S. government contract for satellite communications work.
Most Admired CEO 2018 - Publicly-Held Company: Nathan Rogge, President and CEO, Bank of Southern California
Nathan Rogge likes to immerse himself in all aspects of the bank he runs as CEO and president – whether it’s helping a customer start an account, going out on a business development call or trouble-shooting problems.
Doug Winter co-founded a software startup, Seismic, in San Diego in 2010, and he hasn’t looked back since. Over the past eight years, the company has grown from its original five employees to 450 employees, and it’s still growing. By the end of this year, Winter expects annual revenue to top $100 million for the first time.
Most Admired CEO 2018 - Medium Privately-Held Company: Daniel Sullivan, President and Founder, Sullivan Solar Power
With its position as one of San Diego’s fastest growing companies and a reputation for being one of the best places in town to work, future prospects for Sullivan Solar Power appear to be sky-high.
Carlsbad-based mobile field management company Raken has nearly tripled its presence around the world in the past year. A leading reason for the impressive growth is co-founder and CEO Kyle Slager’s attention to feedback.
Like the life-changing products developed by San Diego’s robust life science companies, the trade group that fights for them has been developed and polished over time thanks, in part, to its CEO Joseph Panetta.
Most Admired CEO 2018 - Charitable Organization: Chris Sichel, President and CEO, Make-A-Wish Foundation of San Diego
Since taking the helm of the Make-A-Wish Foundation of San Diego 13 years ago, Chris Sichel has successfully navigated the ups and downs of one of the most emotionally charged environments a CEO can be tasked with leading.
There is nothing groundbreaking about a pizza restaurant being supported largely by college students, but in the case of Woodstock’s Pizza the script has been flipped.
When Alessandra Lezama took over as CEO of AbacusNext in 2013, the family-owned company had been around for three decades, and it offered a single product – case management and billing software for legal firms.
Most Admired CEO 2018 - Community Service Award: Foundation Executive Has Grown Along With Organization
Longtime Rancho Santa Fe Foundation CEO Christy Wilson knows more than a thing or two about the community service sector, having helped raise $73-plus million in grants over the past two decades. But the homegrown executive is humble enough to give credit where credit is due.
Most Admired CEO 2018 - Lifetime Achievement Award: Caring Spirit Provides Path for Career of Business Success
Nursing and executive leadership don’t generally go together unless you are the San Diego Business Journal’s 2018 Most Admired CEO Lifetime Achievement honoree.
NBC 7 reported that the San Diego County Sheriff’s Department had stored photos of 8 million license plates, many of them multiple photos of the same vehicle in different locations, enabling law enforcement to create a sort of digital road-map of one’s whereabouts. All this data is routinely shared with more than 500 local, state and federal agencies.
San Diego has more barriers to apartment construction than New York City. That was among the findings of a recent pilot study by the National Apartment Association.
Serving Seniors announced that it raised $477,000 at its 5th annual Experience of a Lifetime Gala held recently at the Del Mar Country Club. With more than 350 people in attendance at the sold-out event, the funds raised will go toward nearly 200,000 meals for those in need.
HEALTH: Co. Heads to Tijuana to Help at Cancer Center
CureMatch, a digital precision medicine startup that uses artificial intelligence to guide oncologists as they select treatments for cancer patients, said a $35,000 award will help it provide Mexican children with services free of charge.
Thursday, June 14
Two of San Diego’s longtime hoteliers have been elected to lead the San Diego Tourism Marketing District.
PHARMA: They’re Part of Growing Biotech Relationship
In San Diego, the last decade gave rise to biotechs farming out work to contract research organizations, or CROs. It’s an industry increasingly colored by China.
Initial report sent price of NXP and Qualcomm stock up in after-hours trading June 14.
Both new hires are Silicon Valley veterans, the company said.
Viasat Inc. said June 13 that it acquired Horsebridge Defence and Security of Cheltenham, U.K.
New hire Robert Foster was most recently COO at a local fintech startup.
Near record low unemployment levels in San Diego County are hitting the commercial real estate market by driving down vacancy rates and contributing to rising rents, primarily for office space.
San Diego biotech Metacrine, which is working on drugs for liver, metabolic and gastrointestinal diseases, last week closed a $65 million Series C round.
Wednesday, June 13
When I returned home from military service, I found myself in a hospital chair being treated for a debilitating illness I contracted on duty, watching medicine slowly drip into my IV bag. From that hospital chair, I wrote the business plan for Dickinson Farm.
BANKING: Despite Good Economy, De Novo Banks Face Challenges
The ranks of the post-recession crop of aspiring de novo banks are thinning, but the headcount at San Diego’s Endeavor Bank is expanding roughly two years ahead of schedule to accommodate bankers looking to join the new venture.
ACQUISITION: L.A. Firm Gets Greater SoCal Presence With Donnelly Purchase
A $3.6 billion registered investment advisor (RIA) in Los Angeles run by two native San Diegans has acquired Donnelly Wealth Advisors (DWA), a San Diego-based firm with $405 million in assets under management.
Executives with Cubic Corp. rang the bell and banged the gavel at the close of trading June 13 at the New York Stock Exchange.
San Diego biotech Trovagene closed an $18 million public offering on June 12.
Kratos Defense & Security Solutions Inc. said June 13 that its Unmanned Systems Division received an engineering services contract that could be worth as much as $10.2 million over five years.
PROPERTY: Aged Inventory Comes Up Short for Today’s Needs
Old is not good for companies looking for warehouse and industrial space, but that’s what they’ll find in most of San Diego County.
Tuesday, June 12
Here we go again. Another corporate executive is forced to resign due to ethical lapses.
An outdated Mission Gorge strip shopping center has been replaced by an 89-unit affordable housing complex.
DEFENSE: Pentagon Policies Made Services Sector More Difficult to Operate In
Facing ever-smaller margins in its U.S. military services business, Cubic Corp. has exited the space.
San Diego County officials are now evaluating an application from Carlsbad’s California Pacific Airlines to operate commercial service out of McClellan-Palomar Airport.
Organization plans to celebrate the honorees Sept. 20 at the Hyatt Regency in La Jolla.
A well-known researcher at Salk Institute for Biological Studies resigned on June 11 after an investigation into his conduct.
Major philanthropy gifts can be the best or worst kept secrets in town.
Monday, June 11
TOURISM: Beach Games Give Something to Build On
Earlier this year, the Associated Press crowned San Diego the worst sports city in the country. But local groups like the San Diego Tourism Authority and the San Diego Sports Commission say the city shouldn’t be counted out just yet.
Kratos Defense & Security Solutions Inc. said on June 11 that it concluded the sale of its Public Safety & Security Division to Securitas Electronic Security Inc., part of Sweden-based Securitas AB.
San Diego-based Vical is terminating its herpes vaccine candidate following not-so-great mid-stage clinical trial results.
DINING: Eatery Plans to Add 10 to 15 Locations in a Year
For Maria Pourteymour, co-founder and chief cuisine officer of San Diego-based Luna Grill Restaurants LLC, the love for good, simple yet high-quality food has been a tradition passed down through her family, from generation to generation.
An investor group called on Sempra Energy to seat six of its candidates on its board of directors and conduct a thorough review of the company with an eye toward remaking it.
These two organizations will develop and deliver joint programming and mentoring.
Denise Visconti has been named the new chair of the board of the North San Diego Business Chamber.
Sunday, June 10
The San Diego-based child abuse prevention and treatment agency has named Rick Roark as its chief financial officer.
The Fisher Phillips law firm has named Regina A. Petty chief diversity officer. Petty is a partner in the firm’s San Diego office.
Luna Grill and The Hot Spot are headed to the Del Sur Town Center, the dining and retail center located in Black Mountain Ranch.
Mitchell International completes acquisition.
Regional award winners are eligible for consideration for EY's Entrepreneur Of The Year National program.
PROPERTY: Builders Already Busy in the Neighborhood
Ask someone where San Diego’s Gaslamp Quarter is and what’s in it, they’ll likely know.
Some of the business events scheduled in the county for the week of June 11, 2018, and beyond.
Chula Vista Charitable Foundation, an affiliate of The San Diego Foundation, announced that. at the 9th Annual CVCF Grants Celebration, $55,000 in grants are going to benefit Chula Vista residents of all ages and backgrounds for job training and workforce development resources. The grants were announced at the Reminiscence Therapy facility in the Glenner Town Square.
It’s apparent this home in Solana Beach is not your standard issue Spanish Colonial from the moment you pull into the driveway.
GIVING: Record Gift to Support, Expand Innovative Educational Program
Philanthropist, banker and La Jolla resident T. Denny Sanford made a landmark, $100 million gift to the San Diego-based National University System to expand Sanford Harmony, a social emotional learning program.
HEALTH: Brings Opportunities in Billing, Records and Analytics
ResMed’s acquisition of Healthcarefirst looks to tap into a growing trend: digitally connected devices for those who prefer medical care at home.
Thursday, June 7
Soundcast LLC has named Tom Dixon as vice president of sales and marketing.
Thomas Jefferson School of Law announced it is moving from its location on Island Avenue to 701 B Street.
MEDICINE: Diversity Is a Must, Both in Patients and Studies
Artemis Institute for Clinical Research helps to advance groundbreaking treatments. A challenge in this line of work: getting people in the door.
Sudberry Properties took public art to a new level in its 230-acre Civita development in Mission Valley.
A chunk of Bankers Hill, including the building that once housed The Daily Transcript, is being redeveloped by Tim Foley of Rancho Santa Fe.
Money will go to game development and commercialization.
A COO/CFO gig at Carlsbad’s Oska Wellness belongs to Bob Ohlweiler, who has held positions with Hewlett-Packard, Kodak, Yahoo!, Razer, and MusicMatch.
Paul Jacobs-led effort to find funding for a buyout of Qualcomm still underway, executives emphasize.
Craig Venter is retiring as the CEO of San Diego-based Human Longevity Inc., about five months after reassuming the role.
Wednesday, June 6
More than 1,000 people are employed at Teradata's campus in Rancho Bernardo.
Metawave Corp., a Silicon Valley company with an interest in automotive radar, said on June 6 that it has opened a development center in Carlsbad.
It’s been over four years since San Diego lawmakers approved an ordinance that would regulate and license the city’s first legal cannabis dispensaries.
Former NFL team executive Jim Bailey is watching with interest as the Alliance of American Football trots out its plans to play pro ball in San Diego beginning in February.
SERVICE: Company Set To Add Three More Vehicles By Next Month
FRED, the shuttle service that provides free rides around downtown, hasn’t seen any impacts to its ridership since the rise of the “dockless” bikes and e-scooters in the area since earlier this year.
RETAIL: Sports Co. Cultivates Next Generation Of Players and Paddles
It was during his five-year stint in the United States military that Rafael Filippini, founder and president of Gearbox Sports, discovered the game — and the business — of racquetball.
Doug Manchester had plenty of company from the San Diego 500 at the groundbreaking for the $1.5 billion Manchester Pacific Gateway project, the largest development of its kind in city history. The 12-acre project,12 years in the making so far, will cover eight city blocks at the waterfront and contain seven buildings.
The new destinations include Cleveland, Indianapolis, Pittsburgh, Milwaukee and Raleigh/Durham.
Tuesday, June 5
Both companies are based in Solana Beach and sell workout wear primarily online.
San Diego’s MindTouch, a tech company with software that turns business’s customer service and marketing materials into easily accessible online documents, launched in 2005.
Phoenix Air Group Inc. will perform several million dollars worth of work in San Diego under a recent U.S. Navy contract modification.
Headed by CEO Jodi Vleck, the firm manages nearly $300 million in assets.
While the index showed only a modest gain in March, the longer-run trends of the underlying data series remain positive and are consistent with an ongoing moderate economic expansion for California this year.
Hong Kong-based VC firm manages billionaire Li Ka-shing's tech investments; made early bets on DeepMind, Siri, Skype and Facebook.
Philanthropist T. Denny Sanford is donating $100 million to the San Diego-based National University System to expand Sanford Harmony, a social emotional learning program.
Monday, June 4
Combination creates industry's largest private group of PhD researchers in computer vision, machine learning and artificial intelligence.
B2B software company has more than 3,000 clients; its mobile application is used in all 50 states and in 89 countries.
SUPPLEMENTS: Co. Targets Brain Health
Anesthesiologist James Lee was thinking as a doctor and scientist, rather than a businessman, when he researched the combination of supplements that helped him recover from chemotherapy to treat a brain tumor.
PROPERTY: Startup and Food Scene Join Multifamily In Driving More Development
Downtown San Diego’s commercial real estate market was booming in the first quarter of this year, building on a trend that shows few signs of easing.
Downtown’s Latest High-End Apartments Have Room for Less Affluent Renters as Well
For those for whom the sky is the limit with the means to get there, San Diego’s latest luxury apartment complex — Park 12 — has just the thing: A top floor penthouse apartment.
Greg Laiser and Francesca San Diego served as consulting CFOs at the accounting firm.
Cubic Corp. has named Jeffrey Blakeman as its vice president of manufacturing and procurement.
Net proceeds from Pfenex’s common stock offering amounted to $39.4 million, it was recently announced.
RETAIL: She Won’t Pursue Big-Box Venue, Prefers Boutiques
Although Lisette Polny has accepted her newfound fame after making headlines recently for designing the bridesmaids’ keepsakes for Meghan Markle and Prince Harry’s royal wedding, the Encinitas-based jewelry designer doesn’t plan to sell in big-box stores any time soon.
The La Costa 35 Athletic Club, a local nonprofit organization, announced that it raised more than $250,000 for the Boys & Girls Clubs of Carlsbad through its annual charity poker tournament.
Home of the Month
The distinctive character of this new home overlooking the 13th hole of the world-renowned Rancho Santa Fe golf course is deserving of its “summer house” name. The sprawling estate is clad in crisp white siding and painted white brick.
Sunday, June 3
San Diego-based HMG Hospitality manages brands such as JW Marriott Hotels, Hilton Hotels, InterContinental Hotels Group, Wyndham Hotel Group, and Radisson Hotels.
Some of business events scheduled in the county for the week of June 4, 2018, and beyond.
Cubic Corp. said on May 31 that it closed its sale of its Cubic Global Defense Services unit for approximately $135 million cash.
San Diego-based trade group Biocom appointed four new board members. The new members, announced May 31, play major roles in the region’s life sciences ecosystem:
The awards will be handed out Sept. 20 at The Westin San Diego Gaslamp Quarter and will honor top local employers that participated in a detailed survey conducted by the Best Companies Group.
El Carrito has an upgraded look and an updated menu.
San Diego Gaming Ventures LLC had managed and operated Hollywood Casino since its 2016 opening.