SD BUSINESS JOURNAL DAILY ENEWS

Erickson-Hall Makes Employee Ownership The Foundation of Its Succession Plan

Workers at Erickson-Hall Construction Co. based in Escondido will eventually own the company under a plan put in place by the company’s founders, David Erickson and Michael Hall.

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SD 500: Magda Marquet

SD 500 recap: Magda Marquet is one of the architects of the local life science sector. She and her husband, Francois Ferre, co-founded Althea Technologies, which they built into the region’s largest contract manufacturer before selling it in 2014.

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Some Military Construction May Wait for Border Wall

San Diego County has its share of military construction projects that might take a back seat to construction of a wall on the U.S.-Mexico border.

Viasat Plans $500M Bond Issue

Viasat Inc. said March 19 that it plans to sell $500 million in senior secured notes due 2027 through a private placement.

Special Report: Increases Expected in 2019 Construction Costs

BUILDING: Tariffs, Demand for Materials Likely to Boost Prices

A year ago, construction costs were rising so fast with fear of tariffs so shaking the industry that some contractors started stockpiling materials. That’s over, with many San Diego County contractors predicting a slow but steady rise in costs through the end of 2019.

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SD 500: Bradley H. Feldmann

SD 500 recap: Bradley Feldmann leads a global technology solutions and services company in defense, security and transportation.

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Cities Consider CCAs As Part of Energy Plans

ENERGY: They Would Take Energy Buying Role From SDG&E

Big changes may be in store for the way San Diego County businesses and residents get their electrical power, as local governments consider taking over the role of buying and selling electricity from the region’s investor-owned utility, San Diego Gas & Electric.

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Porsche Dealership Design Is Detour From Carlsbad’s Criteria

Building a new Porsche dealership in Carlsbad for came with some special challenges for Dempsey Construction.

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Wastewater Treatment Startup Wins $200,000 at San Diego Angel Conference

AquaCycl, a startup that created wastewater treatment systems that use bacteria, won $200,000 at the San Diego Angel Conference.

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PhaseBio Shares Rise on Clinical Study Data

PhaseBio’s stock jumped March 18 after the San Diego-based company’s lead drug candidate showed promise in an early-stage clinical study.

SD 500: David F. Hale

SD 500 recap: David Hale is CEO of Hale BioPharma Ventures LLC, a private company focused on the formation and development of biotechnology, specialty pharma, diagnostic and medical device companies.

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Sempra LNG Names Officers

Sempra LNG, a subsidiary of San Diego-based Sempra Energy, announced on March 18 that it named Justin Bird president, and Lisa Glatch chief operating officer. The two will develop Sempra’s liquefied natural gas export business.

Grandesign, San Diego-Based Ad Agency, Acquired by UK Media Company

According to a press release, UK’s Talon, an out-of-home media company, recently acquired the advertising and experiential agency and will change all of Grandesign’s traditional offices to the Talon name.

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Three San Diego Breweries Make Top Producing Craft Breweries List

Stone Brewing Co. entered the Brewers Association annual list of the top 50 producing craft brewing companies in the U.s. at No. 9, Karl Strauss Brewing Co. came in at No. 40 and Modern Times Beer took the No. 45 spot.

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SD 500: Nikia Clarke

SD 500 recap: San Diego Regional Edc/World Trade Center San Diego Since 2017, Nikia Clarke has served as vice president of economic development for the San Diego Regional Economic Development Corp.

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Life Sciences Leasing Activity Finished Strong in Q4 of 2018

For San Diego life sciences the fourth quarter of 2018 was the strongest of the year from a leasing perspective.

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Defense Budget Likely to Deliver for San Diego

ECONOMY: Ships, UAVs and Electronics On Pentagon’s Wish List

A draft Pentagon spending plan issued March 12 offers much to San Diego defense contractors, including publicly traded giants that build military ships and aircraft.

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San Diego Jury Rules Apple Violated Qualcomm’s Patents

Qualcomm won a patent case against Apple on Friday.

U.S. District Judge Rules Qualcomm Owes Apple $1B in Rebates

A preliminary ruling ahead of an upcoming trial in San Diego indicates that Qualcomm may have to pay Apple nearly $1 billion in rebates.

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Good Distribution and Bad Hangovers Help Magic Bullet With Sales

Admittedly, Joe Edwards and Didi Edwards enjoy a good libation. But, like most drinkers, they don’t care for the hangover that can follow the morning after.

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