Mako Steel is a Carlsbadistan-based company that “designs, supplies, and installs steel buildings for the self-storage industry” recently opened a sales office in Washington, DC, according to a story on Inside Self-Storage.
Mark Colwell [will be] the lead as Northeast sales and project manager. Colwell has worked with the company for more than five years.
Just another nationwide Carlsbad company we never knew existed.
[Link: Inside Self-Storage]
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Compared to the deals we’ve been used to from Life Technologies (formerly known as Invitrogen) their $20 million purchase of a Houston, Texas based VisiGen Biotechnologies isn’t all that impressive. But it could be huge for Life and for the business of DNA sequencing.
Primary founder Susan Hardin remains at the helm as president and CEO, while the other five co-founders have chosen to stay at the university. . . . VisiGen has been developing a brainchild of Hardin — a radically new method of sequencing DNA that could achieve the goal of sequencing a human genome in one day at a cost of $1,000. A genome is the genetic code in a person’s DNA.
According to a story in the Houston Business Journal the cost of sequencing the first DNA was $3 billion. So doing it for $1,000 would make it a little more widely accessible.
[Link: Houston Business Journal]
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After a bit of a false start opening on August 11, 2008 (it closed three months later on November 1, 2008) Legoland is happy to announce the December 23, 2008 grand re-opening of their newly remodeled Sea Life Aquarium.
The most stunning change at SEA LIFE is the addition of two 6-foot-long zebra sharks, and 40 cownose rays to the Lost City of Atlantis Display. These new residents make SEA LIFE Aquarium at LEGOLAND California Resort home to more sharks than any of the other 28 SEA LIFE Aquariums world wide. Other new creatures throughout the Aquarium include chocolate chip sea stars, blue linkia sea stars, African general stars, sea apples, Flying Gurnard and juvenile Port Jackson Sharks.
Having seen neither of the iterations in person we’re going to have to guess that now, it’s even better.
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If a new power plant moves in next door to the surfside smokestack and towering concrete walls of Carlsbad’s Encina Power Station, the city’s prime coastal property will become the poster child for both poor planning and fossil fuel addiction.
Mayor Bud Lewis and his City Council are trying to persuade the California Energy Commission to require the new plant’s site to be moved away from the coast. They want the property to be redeveloped to increase beach and lagoon access. The power plant’s owner, NRG West, says other locations are not feasible because of adverse environmental impacts and technical problems that would diminish the plant’s electrical transmission capacity.
The California Energy Commission will settle the argument with a final decision planned for March.
All three players in this drama appear to agree on two major points: our growing regional population needs a new, fossil-fueled power plant, and the old one cannot be shut down for another seven to 15 years.
Follow the jump for the rest of the story. . .
[click to continue…]
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A Carlsbadistan real estate company, Carlsbad Real Estate Group, LLC has been subpoenaed by The Colorado Division of Real Estate in Devner relating to “loan modification” issues, according to at story in the Denver Post.
Among the paperwork the division wants are documents used for marketing to Colorado consumers; lists of borrowers who have attempted loan modifications and the status of their cases; bank statements; copies of checks; and lists of mortgage lenders or mortgage services the companies have worked with.
While Traci Myers, the owner of Carlsbad Real Estate Group, LLC says she “doesn’t have anybody doing business in Colorado” and that she has “never done a loan modification, never done a short sale,” Colorado officials say it is “illegal to even solicit Colorado residents without being a state mortgage broker.
[Link: The Denver Post]
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Now that TaylorMade-Adidas has completed the Ashworth purchase it’s obviously time for eliminating employee redundancies. Looks like that total comes to about 170 or 8 percent of the workforce, according to a story on Forbes.com.
The combined company has just over 2,000 employees. Both companies had been based in Carlsbad, Calif. . . . TaylorMade spokesman Scott Leightman said the job reductions would occur over the next 12 months through cuts and attrition.
Happy Holidays!
[Link: Forbes.com]
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Carlsbadistan’s $74 million golf course continues to miss it’s budeting marks losing ground in nearly every metric, according to a story in the San Diego Union-Tribune.
The course, The Crossings at Carlsbad, was projected to lose $893,428 in 2008, an amount the council approved last year. That loss ballooned to $1.6 million, however, and the budget projects a similar loss in 2009. . . . The course made less money than projected – $6.4 million as opposed to $6.6 million – and cost more to operate – $5.9 million as opposed to $5.6 million.
Next year tax payers may be asked to kick in another $1.6 million. Then again with the economy going south and unemployment growing, people may have a lot more time to golf in the coming year.
[Link: San Diego Union-Tribune]
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Carlsbadistan’s blingiest business, the Gemological Institute of America, announced today that it is cutting 11 percent of his its staff and giving its executive a wonderful Christmas bonus: a 10 percent reduction in pay.
A GIA spokeswoman confirmed the cuts to National Jeweler on Friday, saying that the job cuts were a “last resort” move for the institute, spurred by trying economic times. . . . “Obviously, we’re in a deep recession, and we’re not isolated from the rest of the gem and jewelry industry,” she said. “Anything that happens to them, happens to us …. There are fewer stones going into our laboratories for servicing.”
You know the economy is in trouble with the people who cut the diamonds are feeling the hurt.
[Link: National Jeweler Network]
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We were pretty hyped when we heard that P.F. Chang’s China Bistro was coming to the new Paseo Carlsbad “retail center” across the street from the Carlsbad Premium Outlets, but now we hear that another restaurant has signed a lease (20 years at $6.98 million): BJ’s Restaurant Brewhouse. Really?
Does Carlsbad really need a loud, chain restaurant that serves beer, pizza, and bar food? Aren’t Pizza Port, Karl Strauss, and that place in the Costco parking lot enough? Hopefully, BJ’s is at the opposite end of the mall from P.F. Chang’s.
[Link: San Diego Business Journal]
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Carlsbad’s Dot Hill, the company that refers to itself as the “market leader in providing flexible storage offerings and responsive service and support to OEMs and System Integrators, from engagement through end-of-life” has decided to cut 40 percent of it’s operations in Carlsbad by the end of the fourth quarter of 2008 as part of a 10 pecent reduction in their workforce, according to a story on Trading Markets.com.
The company said that its board has completed a review of potential restructuring and cost reduction opportunities and decided to implement the plan. Dot Hill was originally planning to consolidate most of its United States operations into its Longmont, Colorado operation by the middle of 2009, but the current economic environment caused it to defer the facilities move until 2010 in order to preserve cash.
And the economic depression marching on through North County.
[Link: Trading Markets]
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