San Diego News

Tue, Jan 15, 2013

Both San Diego’s and the national economy are improving and should continue to do so -- assuming Congress and the White House will find some common ground, China’s slump isn’t deep, and the European Union is able to restore its fiscal house to order.

The California construction industry can anticipate a year of limited growth, according to a national hiring and business forecast released by the Associated General Contractors of America on Monday.

A local manufacturing hub for airplane parts, formerly known as Goodrich Aerostructures, is laying off dozens of workers this week in order to save its new parent money.

Synergy is the name of the game, as retail business owners with concepts ranging from full-service movie theaters to the craft beer trade strive to make their mark.

ELEN Consulting has added Grace Zeelig, previously a principal at C & G Engineering Inc., to its management team.

For just the ninth time in the association’s 71-year history, the National Electrical Contractors Association San Diego bestowed upon a member its Founder’s Award, honoring outgoing governor Tom Hedges at the association’s installation of officers ceremony Saturday.

California Western School of Law donated more than 140 pounds of non-perishable food items to the San Diego Food Bank in honor of longtime professor and trustee Murray Galinson, who died unexpectedly Jan. 3.

The South Bay Power Plant will be imploded on Saturday, Feb. 2, weather permitting, according to the Port of San Diego.


The CEO of the Sanford-Burnham Medical Research Institute resigned to take a top post at Swiss pharmaceutical titan Roche.

Home prices, including distressed sales, increased by 6 percent in November 2012 compared to November 2011 in the San Diego-Carlsbad-San Marcos area, according to CoreLogic’s November HPI report.

San Diego and California home sales and prices both posted gains in December, according to the California Association of Realtors (CAR).

San Diego-based BSD Builders has hired Bruce Winer as its director of business development and preconstruction. Winer has 30 years of construction experience in San Diego.

CapStone Investments Inc., the San Diego-based stock-research boutique, is closing after merger talks with Ascendiant Capital Markets LLC collapsed, according to Scott Dahle, CapStone’s general counsel.

Family-friendly burger joint Red Robin Gourmet Burgers Inc. picked Vitro as its national creative agency of record.

San Diego-based Global Payout Inc. posted record fourth-quarter sales in 2012 of $119,475, compared to $38,322 a year earlier, and expects a significant rise in 2013 revenue from business-to-business products and services.


Velocity Pharmaceutical Development LLC inked a licensing deal to pursue a drug development program with San Diego-based EuMederis Pharmaceuticals Inc.

After a year of gathering dust and negative headlines, the troubled San Onofre nuclear power plant shows stirrings toward a possible restart, though big barriers remain, officials said.

Santarus Inc. announced the FDA has approved Uceris extended release tablets for the induction or remission in patients with active, mild to moderate ulcerative colitis, and International Lottery & Totalizator Inc. announced it has received an order valued at approximately $11 million from Sports Toto Malaysia Sdn Bhd for new Intelimark FLX-2 lottery terminals, CheckWin units, associated services and software, according to company announcements, SEC filings and Bloomberg News.

The following "Local Notes" appeared in The Daily Transcript's Jan. 16, 1997 issue:
Get your own chunk of history at the San Diego City Store in City Hall and Seaport Village, where seats from the demolition-in-progress at Jack Murphy Stadium are for sale. A two-seat section runs for $65, and a four-seat costs $119. City Hall store manager Sonja Kuttnauer said she sold four seats within one hour after they were delivered.

In Eden -- a 17-unit, coastal apartment property at 600-616 Prospect St. in La Jolla 92037 -- has been sold for $8.95 million.

Cushman & Wakefield's Multifamily Advisory Group -- led by Ed Rosen, John Chu and Alejandro Lombrozo -- handled the Deal of the Week for the buyer and seller.

(AP) -- Parker Center, the iconic building that housed Los Angeles police operations for nearly 60 years, is closing its doors.

Tue, Jan 15, 2013

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Flatley, Jay T, CEO, Sold
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