San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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AleSmith Beers Now Being Distributed in Minnesota, Virginia

San Diego’s AleSmith Brewing Co. has signed agreements to distribute its craft beers in Minnesota and Virginia.

Cohu Inc. Reports Q2 Net Loss of $72K on Net Sales of $75.2M

Cohu Inc. — the Poway business that makes machines to test and inspect semiconductors — reported a net loss of $72,000 on net sales of $75.2 million for the second quarter.

Maxwell Technologies Restructuring, Reducing Staff

Maxwell Technologies Inc., a maker of energy storage devices called ultracapacitors, said on July 30 that it was in the process of restructuring, reducing head count and consolidating U.S. manufacturing operations, all in order to reach profitability.

Taiwanese Manufacturer to Build $25M Facility in Tijuana

Taiwanese sporting goods manufacturer Quan Shen will build a $25 million manufacturing facility in Tijuana next year to make golf club heads, creating 800 jobs.

Callaway Golf Reports Q2 Net Income of $12.8 Million

Foreign exchange rates continue to dampen Callaway Golf Co.’s game, but the company is seeing more quarterly profit than last year.

Callaway Signs Schniederjans to Sponsorship Deal

Callaway Golf Co. said on July 27 that it signed 22-year-old Ollie Schniederjans to a sponsorship agreement. Financial terms were not disclosed.

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Zodiac Pool Systems Always Looking for Next Good Buy

PRODUCTION: The Co. Finds Success in Preserving Its Brands’ Identities

There aren’t many Southern California companies that can claim they’re connected to a 19th century French aeronaut.

High Road Capital Partners, a Private Equity Firm, Acquires Cali Bamboo

Cali Bamboo LLC, a San Diego-based manufacturer of bamboo flooring and other bamboo products, has been acquired by private equity firm High Road Capital Partners, the companies said Wednesday.

Medtronic Acquires Carlsbad-Based RF Surgical Systems for $235 Million

Carlsbad health tech firm RF Surgical Systems Inc. will be acquired by Dublin-based Medtronic for roughly $235 million, according to a recent press release.

WD-40 Reports Q3 Net Income of Nearly $11M on Net Sales of $92.5M

WD-40 Co. — which does a global business selling its lubricants, soaps and other chemicals — reported net income of almost $11 million on net sales of $92.5 million for its third quarter, which ended on May 31.

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Builder Takes Conservation Plunge, Installs Gray Water Systems

BUILDING: Adding Feature to New Houses Costs $10,000

Every house in KB Home’s latest San Diego development comes standard with a feature designed to attract drought-conscious consumers. All 52 homes are equipped with a gray water system to convert used water from showers, bathroom sinks and washing machines into water ready for lawn sprinklers and outdoor fountains.

San Diego Exported $18.6 Billion in Goods in 2014

San Diego exported a record $18.6 billion worth of goods last year, up about $700 million from 2013, the U.S. Department of Commerce said Thursday.

Celladon Corp. Suspends R&D, May Liquidate

Drug developer Celladon Corp. announced that it will suspend all research and development activities.

15 Companies Each Awarded $10,000 MetroConnect Prize

Fifteen San Diego companies received $10,000 each on Wednesday from the San Diego Regional Economic Development Corp., part of a JPMorgan Chase & Co.-backed initiative to boost the area’s international exports.

Local Delegation Heading to Philippines to Promote Trade

The Philippine Honorary Consul of San Diego, Audie J. de Castro, will head a San Diego delegation of government officials and business executives on an economic mission to the Philippines from July 6-10.