San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Two Local Companies to Compete for Airfield Work for Navy

The U.S. Navy needs a solid place to land its aircraft, and it has chosen two local contractors to make that possible.

San Diego Startup Week Set for June 17-21

StartUp San Diego has set June 17-21 for its second annual San Diego Startup Week.

Zogenix Obtains Preliminary Injunction Against Massachusetts’ Ban of Painkiller

Zogenix Inc., the San Diego drugmaker embroiled in controversy over its new opioid painkiller Zohydro ER, finally has a win under its belt — it has successfully blocked an order from Massachusetts Governor Deval Patrick to ban the drug in that state.

Genstar Affiliate Buys Chula Vista Residential Land for $37.1 Million

An affiliate of San Diego-based Genstar Development Co., recorded as GDCI Proctor Valley LP, has purchased 1,140 acres of residential land in Chula Vista for approximately $37.1 million, according to CoStar Group and public data.

Home Sales and Median Price Increase in March

Home sales in San Diego increased in March, and the median price rose 4 percent from February to $427,000, according to Dataquick, the La Jolla real estate research firm.

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San Diego Firm Buys Miramar Retail Center for $12.5 Million

HP Investors LLC of San Diego has purchased Miramar Square Shopping Center, in the city’s Miramar neighborhood, for approximately $12.5 million.

F.A.I.T.H. Resources Merges With Irvine Recruitment Firm

F.A.I.T.H. Resources, recruitment and staffing firm originally formed in San Diego, said it merged with Advantage Placements, an Irvine recruitment firm, and moved its corporate headquarters to Newport Beach.

Three Local Construction Cos. to Compete for Defense Work

Three local companies may have Army construction work in their futures.

Two San Diego Companies Name New CFOs

Two San Diego companies have announced new chief financial officers.

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Novatel’s Usage-Based-Insurance Technology to Be Used in Benelux Market

Novatel Wireless Inc.’s technology supporting usage-based insurance, or UBI, will be used by Chipin B.V. in serving the Belgium, Netherlands and Luxemburg markets, the companies announced.

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National University to be San Diego Padres Education Partner

The San Diego Padres and National University struck a multiyear partnership that makes the private university the franchise’s exclusive education partner.

Mayor Faulconer Sets His Priorities With New Budget

Mayor Kevin Faulconer campaigned to make neighborhoods his priority, and his 2014-15 fiscal year budget, which he released April 14, demonstrates that, according to a mayoral staff report.

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Drywall Construction Stopped on Downtown Apartment Project

Work on the drywall portion of the $150 million, 45-story Pinnacle Towers apartment project in downtown San Diego has been stopped, after the California Contractors State License Board determined that a subcontractor was not properly licensed in the state.

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Santee Contractor Completes $12 Million Armory at Camp Pendleton

A & D General Contracting Inc. of Santee recently completed a new $12 million armory building at Marine Corps Base Camp Pendleton near Oceanside.

Local Co. Installing Electric Vehicle Charging Stations at UCSD

Carlsbad-based Alternative Energy Systems Consulting Inc. is installing intelligent electric vehicle charging systems at University of California, San Diego.

Kenco Selects SmartDrive for Fleet Monitoring

San Diego-based SmartDriveSystems’ event recording system will be rolled out across the nationwide fleet operated by logistics provider Kenco, according to an announcement from SmartDrive.

Lakeside Construction Co. to Compete for Navy Contracts in Pacific Northwest

Marathon Construction Co., a small business based in Lakeside, took a step toward receiving U.S. Navy construction contracts for work in the Pacific Northwest.

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Harrah’s Project Adds 200 to Staff, Additional 80 Jobs Expected

Harrah’s Resort Southern California said it added 200 jobs with the completion of its ambitious construction project, and is up to 1,600 employees at its hotel and casino.

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U.S. Court of Appeals Rules Against SeaWorld Parent Company

A U.S. appeals court has ruled against the parent company of SeaWorld San Diego, affirming a federal labor agency finding following the 2010 death of a whale trainer at the Florida park operated by SeaWorld Entertainment Inc.

Pratt & Whitney Considers Possible Closure of Kearny Mesa Plant

Pratt & Whitney AeroPower, part of Connecticut’s United Technologies Corp., told its 535 San Diego employees last week that it’s considering integrating the operations into other Pratt & Whitney units, and may close the Kearny Mesa plant.