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

Startup Ciari Guitars Looks to Win By a Neck

After Jonathan Spangler’s San Diego-based guitar startup made its big debut in America’s Music City, Spangler is gearing up to manufacture and sell his first products this summer. His company, Ciari Guitars, creates professional-quality, foldable guitars designed to fit into the carry-on compartment of an airplane.

San Diego Kombucha Startup Moves to 'Historic' Digs; Athletes, VCs Invest

JuneShine, a one-year-old kombucha startup, moved into Ballast Point's former Scripps Ranch facility after closing a seed round of funding.

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Lithium-Battery Maker Flux Power Grows Revenue

Flux Power Holdings Inc. reported a net loss of $2.92 million on revenues of $2.7 million for the second quarter of its fiscal year. Revenue grew 126 percent from the same quarter last year, when Flux had $1.2 million in sales.

Navy Renames Point Loma Labs

SPAWAR Systems Center Pacific, the U.S. Navy’s electronics lab complex on Point Loma, has changed its name to Naval Information Warfare Center Pacific.

Sempra to Sell Wind Assets for $551M

Sempra Energy said on Feb. 12 that it has agreed to sell its wind generation assets to American Electric Power for $551 million in cash. It's part of a wider effort to divest of its generation and natural gas storage assets.

JuneShine Acquires Ballast Point’s Scripps Ranch Facility

JuneShine’s North Park location will remain open concurrently.

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Viasat Grows Revenue, Orders Third ViaSat-3 Satellite

Satellite communications specialist Viasat Inc. reported a net loss of $10.4 million, or 17 cents per share, on total revenues of $554.7 million during its third quarter, which ended on Dec. 31. The Carlsbad-based corporation reported “exceptional performance” that set revenue records for its three business segments.

Tesla Agrees to Buy Maxwell Technologies for $218M

Tesla Inc. has agreed to buy Maxwell Technologies, a San Diego company specializing in industrial-grade and vehicle-grade capacitors. Tesla has agreed to pay $4.75 per share of Maxwell (Nasdaq: MXWL) stock in an all-stock deal. The price is a 55 percent premium over Maxwell’s $3.07 closing share price on the previous trading day, Feb. 1.

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Environmental Review for Sempra’s Texas LNG Plant Concludes

Sempra Energy has passed another milestone on the road to building its liquefied natural gas (LNG) export facility in Port Arthur, Texas. The corporation said the project received its final environmental impact statement from the Federal Energy Regulatory Commission (FERC), which has yet to approve the project.

Munich Court Tosses Four of Qualcomm's Patent Cases

A court in Munich tossed out four of Qualcomm's patent cases against Apple Inc.

Qualcomm Posts Better-Than-Expected Earnings as FTC Trial Nears a Close

Qualcomm's CEO continues to forecast the company will reach a resolution to its legal battle with Apple in 2019.

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Collins Aerospace Gives 2 Months’ Notice to 66 Workers

Collins Aerospace notified the San Diego Workforce Partnership that it will lay off 66 employees at its Chula Vista plant on March 29. Notification came in a letter dated Jan. 28. While manufacturing will come to an end in Chula Vista, the facility is not closing, according to the subsidiary of United Technologies.

Sempra to Sell South American Utilities, Sharpen Focus

Sempra Energy announced on Jan. 28 that it plans to sell its businesses in Peru and Chile by the end of 2019.

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Cubic Renovates San Diego Manufacturing Space

Cubic Corp. is wrapping up renovations of the space where it manufactures military training gear, paving the way for future manufacturing in San Diego.

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Tariffs Bring High Cost Of Undoing Business

TRADE: U.S.-China Trade War Takes Toll on Mid-Size Cos.

Juiced Bikes celebrated opening its first factory in China just over a year ago. The electric bike company, which has about 20 employees at its Chula Vista headquarters, had big plans for growth.

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FTC Trial Could Redefine How Qualcomm Does Business

The outcome of the Federal Trade Commission’s antitrust trial could ultimately change how Qualcomm Inc. licenses its technology to device-makers. It could also set the tone for how Qualcomm approaches one of its biggest customers, Apple Inc.

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