San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Waiting Period Ends for Proposed CareFusion, Becton Deal

Becton, Dickinson and Co. and CareFusion Corp. announced that the waiting period mandated under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 regarding Becton’s proposed acquisition of San Diego-based CareFusion expired on Nov. 19.

Allylix Inc. Acquired by Swiss Company

Evolva Holding SA announced it has agreed to acquire San Diego-based Allylix Inc. in an all-stock transaction.

ResMed's Sleep-Monitoring Device Now Available at Apple Stores

ResMed Inc., a San Diego-based company that develops medical devices for sleep apnea and other sleep-related breathing disorders, announced that its newest sleep-monitoring device will be available through Apple retail stores in the United States and from the Apple Online Store.

General Atomics Awarded U.S. Army Contract Worth $17.1 Million

The U.S. Army awarded Poway-based General Atomics Aeronautical Systems Inc. a contract modification that may be worth as much as $17.1 million.

Isis Offers $425 Million of Convertible Senior Notes

Isis Pharmaceuticals Inc. announced that it intends to offer $425 million of convertible senior notes, due in 2021, in a private placement, subject to market and other considerations.

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Vista Industrial Building Sells for $13.55 Million

An entity listed as KI-Vista-LPSM LLC has purchased a building at Vista Business Park for $13.55 million, which it is leasing to Escondido-based Stone Brewing Co. for a previously confirmed new distribution center, according to brokerage company Cushman & Wakefield Inc.

Green Flash Brewing Acquires Alpine Beer Co.

Green Flash Brewing Co. of San Diego has announced it is acquiring the East County-based Alpine Beer Co. for an undisclosed price.

E.Digital Reports Q2 Net Loss of $173,000

E.Digital Corp., a San Diego technology developer and licensor, reported fiscal 2015 second quarter net loss of $173,000, compared to a net loss of $410,000 for the like quarter of the prior fiscal year.

DJO Global Reports Q3 Net Sales of $305.5 Million

DJO Global Inc., the Vista manufacturer of orthopedic devices, reported third-quarter net sales of $305.5 million, up 6.1 percent from the net sales of the like quarter of 2013.

Pulse Electronics Reports Q3 Operating Loss of $1.6 Million

Pulse Electronics Corp., a San Diego manufacturer of electronic components in China, reported a third quarter operating loss of $1.6 million, compared with an operating profit of $500,000 for the like quarter of last year.

General Dynamics Nassco Begins Construction of 3 Tankers

General Dynamics Nassco kicked off construction of three 610-foot-long product tankers for SEA-Vista LLC with ceremonies Nov. 7 at its Barrio Logan shipyard.

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Green Flash Brewing Acquires Alpine Beer Co.

Green Flash Brewing Co. of San Diego has announced it is acquiring the East County-based Alpine Beer Co. for an undisclosed price.

Montreal Indoor Surf Park to Feature SurfStream Wave System

American Wave Machines of Solana Beach said that a client plans to open an all-season indoor surf park in a city with freezing winters and more than 7 feet of snowfall per year: Montreal.

Cubic Corp. Awarded $20 Million Contract

The Royal Australian Air Force recently awarded Cubic Corp. a contract worth more than $20 million. Under the deal announced on Nov. 5, Cubic (NYSE: CUB) will provide air combat training electronics for several types of military jets.

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Small Ramona Brewer Gets Financial Assist From Big Player

BREWING: ChuckAlek Also Chosen For Boston Mentoring Program

Among the dozens of craft brewers serving up suds during the annual San Diego Beer Week – which kicked off Nov. 7 and was slated to run through Nov. 16 – are several smaller players who required a little financial help from friends and family to stake their claim in the increasingly competitive industry.