San Diego Business Journal

SD MANUFACTURING

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

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.

Youngevity Subsidiary Secures Several New Coffee Contracts

Youngevity International Inc., a Chula Vista based direct marketer of gourmet coffees and other products, said the Green Coffee sales division of its wholly owned subsidiary, CLR Roasters, procured several new contracts for its shade-grown, Arabica green coffee distribution business that is expected to generate $2 million in gross revenue.

Pulse Electronics Corp. Plans to Delist From New York Stock Exchange

Pulse Electronics Corp., the San Diego manufacturer of electronic components in China, said it decided to voluntarily delist its common stock from the New York Stock Exchange and deregister the shares with the federal Securities and Exchange Commission.

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Kratos Gets $3.6M Missile Defense Deal

Kratos Defense & Security Solutions Inc. said on Sept. 24 that it received a $3.6 million task order from an undisclosed customer.

BAE Systems Awarded $35.3M Navy Contract for Destroyer Work

The U.S. Navy awarded BAE Systems San Diego Ship Repair a $35.3 million contract modification to cover dry-dock work on the Arleigh Burke-class destroyer USS Pinckney.

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Northrop Grumman Gets $78M Delivery Order From Air Force

The U.S. Air Force said on Sept. 23 that it awarded Northrop Grumman Corp. a four-year, $78 million delivery order for spare parts for the Block 40 version of the Global Hawk unmanned spy aircraft.

Defense Spending in County Expected to Drop 1%

A new, comprehensive look at the U.S. Department of Defense’s local presence predicts that the military spending that San Diego County enjoys will decline one percent in the new fiscal year, which begins on Oct. 1.

Companies to Support Japan-America Grassroots Summit Delegation

Japan Airlines Co. Ltd. and Kyocera Corp., which operates several subsidiary companies in San Diego, said they will jointly support the Tomodachi Hironomachi Delegation to the 24th Japan-America Grassroots Summit in that runs Sept. 23-30 in San Diego.

Epsilon Systems Receives Navy Contract Potentially Worth $85M

Epsilon Systems Solutions Inc. said that it received a U.S. Navy contract to support the Southwest Regional Maintenance Center, which repairs and modernizes ships in the port of San Diego.

SGB Is Preparing for Commercial Roll Out of Jatropha

AGRICULTURE: Co. Improves Crop Yield, Cuts Maturation Time

SGB Inc., a local agricultural biotech company, has closed an $11 million Series C financing round to help drive the commercial roll out of its hybrid crops — a low-cost and sustainable plant-based option for fuel, energy-producing biomass and protein in animal feed.

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Growing problem

PRODUCTION: Advanced Manufacturing Is Increasing But Will Its Worker Pool?

The work at Rancho Bernardo’s D&K Engineering isn’t easy to classify.

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Kratos Subsidiary Receives $4.8 Million Order From Navy

Kratos Defense & Security Solutions Inc. said on Sept. 16 that its Micro Systems subsidiary received a $4.8 million delivery order from the U.S. Navy for unmanned aerial drone system command-and-control systems and services.

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General Dynamics Nassco Gets $7M Navy Ship Maintenance Contract

The U.S. Navy said that it awarded General Dynamics Nassco $7 million to cover additional maintenance work on the Wasp-class amphibious assault ship USS Boxer.