San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Kratos Completes Sale of a Division, Plans to Pay Down Its Debt

Kratos Defense & Security Solutions Inc. has completed the sale of one of its businesses and took steps to pay down its debt, the corporation said on Aug. 24.

Cubic Receives Contract to Provide Training Electronics for F35 Fighter

Cubic Corp. said on Aug. 19 that it received a series of contracts from Lockheed Martin Corp. (NYSE: LMT) to put Cubic training electronics in the F-35 Joint Strike Fighter aircraft.

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Boeing Revs GKN’s Economic Engine

AIRCRAFT: Increase in 787 Work Means Hiring

Boeing Co. is ramping up production of its latest 787 Dreamliner, planning to churn out 12 jets a month next year and 14 per month by 2020, up from the 10 planes it makes each month now.

Juice-Maker Suja Partners With Coca-Cola, to Expand Distribution

Coca-Cola Co. has bought a minority stake in San Diego’s organic-juice maker Suja Life LLC. The partnership will expand the juice company’s distribution, according to Suja’s chief executive Jeff Church.

Eco Building Products Appoints Randy Smith to be CFO

Eco Building Products Inc. announced the appointment of Randy Smith as the company's chief financial officer.

General Dynamics NASSCO Announces Launch

General Dynamics NASSCO will launch its second liquefied natural gas-powered container ship for the TOTE logistics company during an evening ceremony on Aug. 29. The public is welcome to attend.

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Metacrine Fields a Biotech All-Star Team

PHARMA: Proven Staff to Tackle Metabolic Diseases

Rich Heyman, the heavyweight biotech executive who grew two startups into billion-dollar companies, is co-founding a new venture in San Diego.

Bumble Bee to Pay $6 Million to Settle Criminal Charges Over Worker's Death

Bumble Bee Foods LLC will pay a record $6 million to settle criminal charges over the 2012 death of a worker who was locked inside a massive oven at the company’s Santa Fe Springs facility.

With Zohydro in the Rearview Mirror, Zogenix Moves On

PHARMA: Co.’s Two Drug Candidates Appear Promising, Uncontroversial

After selling off its controversial painkiller earlier this year, Zogenix is using $86 million from a recent public offering to refuel its clinical pipeline. This time, the company is steering clear of opioids and pain management.

Isis Deal Brings Company $65 Million Upfront

PHARMA: Antisense Technology to Be Used For More Applications

Isis Pharmaceuticals is expanding its reach into even more drug areas after signing a major drug development partnership with AstraZeneca, bringing the Carlsbad biotech $65 million upfront.

Callaway Golf Declares Dividend, Announces New Line of Clubs

Carlsbad-based Callaway Golf Co. recently added a director to its board, declared a quarterly dividend and announced it was bringing a new line of golf clubs to market.

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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.