San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...
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Kratos Defense & Security Solutions Announces Several Contracts

Kratos Defense & Security Solutions Inc. announced several contract wins in the seven-day span of Oct. 9-15.

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Air Force Defends Its Reaper Drone Purchases

The U.S. Air Force rebutted a Department of Defense Inspector General’s report alleging that the Air Force is buying too many Reaper drones from General Atomics Aeronautical Systems Inc.

Sustainable Finfish Farm Planned Off San Diego Coast

San Diego-based Hubbs-SeaWorld Research Institute and private equity firm Cuna del Mar LP have filed permits to develop an environmentally sustainable, 5,000-metric-ton finfish farm off the San Diego coast.

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Stone Brewing Investing $74 Million in New Virginia Operations

Escondido-based Stone Brewing Co. plans to invest $74 million in a new East Coast brewing facility planned for Richmond, Va.

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Northrop Grumman Gets $306.1 Million Air Force Contract

The U.S. Air Force said on Oct. 1 that it awarded Northrop Grumman Corp. a $306.1 million, sole-source contract to provide logistics services and sustainment for the Air Force’s Global Hawk unmanned spy aircraft.

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Kratos Gets $8.5M Military Contract for Communications Systems

Kratos Defense & Security Solutions Inc. said that it received an $8.5 million contract award for communication systems for certain airborne assets.

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Lpath Puts Focus on the Origins of Macular Degeneration

PHARMA: The Current Treatment Effort Is on Reducing Impact of Disease

San Diego-based Lpath Inc. just closed a deal on $12.5 million in financing to help fund the company’s attempt to treat — or maybe even cure — the number one cause of blindness.

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Speculative Projects Are Heading North

BUILDING: The Improving Economy Spurs Industrial Growth

It’s not the start of any expected boom, but three North County cities are now witnessing what has been a nearly nonexistent sight in the region for the past six years: speculative construction of industrial projects.

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Envision Solar to Provide 20 Charging Stations to Silicon Valley Customer

Envision Solar International Inc., a renewable energy media and branding product company, announced that it will be supplying the next order of 20 charging stations to a major Silicon Valley search engine

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OneRoof Energy Announces Financing Agreements Worth $16.7M

OneRoof Energy Group Inc., a San Diego solar services business, said it entered financing agreements from Black Coral Capital LLC and affiliates of the Hanwha Group that provide about $16.7 million in new capital.

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Vanguard Space Technologies to Provide a Structure for Advanced Telescope

San Diego-based Vanguard Space Technologies Inc. announced that it has been selected by Ball Aerospace & Technologies Corp. to produce the structure assembly for the L1-L2 lens assembly for the camera on the Large Synoptic Survey Telescope (LSST).

Report Gives Picture of Region's Manufacturing Sectors

In advance of National Manufacturing Day on Friday, Oct. 3, a new local study finds that nearly 3,000 San Diego companies are engaged in the activity, and employ more than 94,000 workers who earn an average of $75,800.

Miva Makes Changes in Look, Location and More

Miva Merchant, a San Diego-based provider of ecommerce software, announced a corporate rebrand and name change to Miva, as well as a new headquarters location.

Avalon Partnership Adds 2 More Startups

PHARMA: VC Firm, GSK Putting $10M Into Each C

Avalon Ventures LLC announced the launch of two biotech companies formed through its collaboration with British drugmaker, GlaxoSmithKline Plc. The partnership will funnel $495 million into 10 new biotech companies by 2016.

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Belching Beaver Converting Vista Bank Building into Brewpub

Vista-based craft beer maker Belching Beaver Brewery Inc. plans to convert a former bank location into a new brewpub in that city, after purchasing the building at 302 E. Broadway for $1.35 million.