San Diego Business Journal

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County's Assessed Property Value Up 5.7 Percent

The total value of San Diego County’s assessed property for the 2014 fiscal year ended June 30 was $430.3 billion, up 5.7 percent from the prior year, according to the state Board of Equalization.

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Cox Doubles Speed on Internet Packages

Cox Communications, whose subsidiary Cox San Diego, provides cable and Internet services to about 500,000 households here, said it doubled the speeds of its two most popular Internet service packages without increasing the price.

Inflexus Buys Diego Homes Property Management Group

Inflexus Management, a San Diego property management firm, said it acquired Diego Homes Property Management Group, a local management firm focused mainly on single-family homes and small apartments, for an undisclosed price.

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Envision Solar Reports High Level of Sales

Envision Solar International Inc., a San Diego maker and provider of solar energy systems, said it received multiple purchase orders for its solar products in less than 30 days that totaled more than $2 million.

Unanimous City Council Vote Puts Minimum Wage Issue on June 2016 Ballot

A phased-in minimum wage increase required of businesses located in the city of San Diego that would have raised the wage from $9 to $11.50 by 2017 will be put to a public vote on June 2016 following a unanimous 9-0 vote by the San Diego City Council.

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Stone to Open Distribution Center in Vista

Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center for its national clients in Vista.

Albireo of New Jersey Buys Two Poway Companies

Electronic Control Systems and Green Total Solutions, both based in Poway, were acquired by Albireo Energy LLC of New Jersey for an undisclosed price.

Acquisition of redIT Clears Final Regulatory Hurdle

KIO Networks, a Mexico-based Internet services provider, said it concluded the final regulatory process of acquiring redIT, a San Diego-based provider of information technology data centers.

Unemployment Rate in County Is 5.9% for September

San Diego’s unemployment rate in September was 5.9 percent, down from August’s 6.2 percent, and down from the year-ago rate of 7.3 percent, according to the state’s Employment Development Department.

Plans for Busier Workers Buoy Business Index for September

The San Diego Business Outlook Index, a measure of local business owners’ confidence, increased by 1.7 points in September to 26.7, driven by more optimism about increased workforce hours.

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