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Daily Business Report — Feb. 8, 2011

Sharing Space

The Hive

Co-working is a concept Jason Harper embraces at the Hive, his 6,000-square-foot loft-style building in East Village. Since opening in 2009, he has welcomed designers who just need a desk for a day, advertising companies who need inspirational space for photo shoots and architects looking for a longer-term office area.“It’s a very flexible office space where a bunch of young, talented creatives can come together and work,” says Harper. Read more about businesses sharing office spaces in the February SD METRO.

Kratos Defense & Security Solutions to Acquire Herley

San Diego-based Kratos Defense & Security Solutions Inc. has agreed to purchase Herley Industries Inc. of Lancaster, Pa., a company involved in microwave technology, for $270 million. Herley has seven manufacturing locations and 1,000 employees. “The execution of this definitive agreement represents a defining moment for Herley and Kratos and was the result of our board’s process of reviewing various strategic alternatives to enhance shareholder value,” said John Thonet, chairman of Herley. “We believe that this transaction is in the best interest of our shareholders and creates a great opportunity for our organization and customers as two of the premier Defense and National Security businesses in the industry today join forces.” The acquisition is expected to close during the first quarter of 2011.

Real Estate Conference Set for March 3

Fannie Mae President and CEO Michael J. Williams will keynote the Burnham-Moores Center for Real Estate’s 15th annual Real Estate Conference March 3 at the Hilton San Diego Bayfront from 7:30 a.m. to noon. Norm Miller, vice president of analytics at the CoStar Group and a research professor at the University of San Diego, also will be a featured speaker. The conference will have three panels of local and national experts on job prospects, capital markets and loan workouts, who will offer their views on how these arenas might change in the future.

A panel discussion called “Jobs, Jobs, Jobs” will feature Jim Waring, co-founder and chairman of CleanTech, San Diego; Mel Katz, executive officer of Manpower Inc., San Diego; and Robert Watkins, president and chairman of RJ Watkins and Co.

“Lending, Investing and Capital Markets” will include Charles Fedalen, executive vice president of Wells Fargo in  Irvine; William R. Lindsay, founding partner of PCCP, Los Angeles; and Robert S. Brunswick, co-founder and CEO of Buchanan Street Partners of Newport Beach.

“Are Workouts Working Out?” will feature  Michael D. Berman, president and CEO of CWCapital LLC in Needham, Mass.; Kevin D. Donahue, senior vice president of Midland Loan Services of Kansas City; and Wayne Brander, executive vice president and California region manager of U.S. Bank, Newport Beach.

To register, visit sandiego.edu/bmcevent. For more information, call Diane Gustafson at (619) 260-2379.

Robert Silides Named V.P. for California Bank & Trust

Robert Silides has been named vice president and commercial banking officer for the San Diego division of California Bank & Trust, based in the Downtown branch. Silides previously was a senior vice president and commercial banking officer at Pacific Western Bank. He has held several positions at financial institutions in San Diego and has more than 30 years of business and private banking relationship experience. Silides holds a bachelor’s degree from National University.

Maritime Museum to Offer Visions of the South Pacific

In May the Maritime Museum of San Diego will launch an exhibit showcasing art associated with the three distinct visions of the beautiful South Pacific from voyages by James Cook, Herman Melville and Paul Gauguin. The first-of-its kind exhibit for the museum, titled “Three Voyages to Paradise: Cook, Melville and Gauguin,” will feature over 110 pieces, varying from original oil and watercolor paintings to wood carvings and sculpture. The exhibit will include original paintings by 18th century artists John Webber and William Hodges, each of whom accompanied Cook into the Pacific, and many original works by Paul Gauguin, showcasing a newly rediscovered wood sculpture, “Nave Nave Faruru.” The exhibition, which is drawn from the extensive collections of The Kelton Foundation, runs from May 27 hrough Jan. 1, 2012. Tickets for “Three Voyages to Paradise” will be $10 plus the cost of Maritime Museum admission.

Small Business Workshops

Upcoming SCORE San Diego Workshops:

•  Feb. 9 – QuickBooks Basic – 9 a.m. to 4 p.m. at National University – Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door).

• Feb. 9 – Business Plan 101: How to Develop Your Best Competitive Advantage – 9 a.m. to 3 p.m. at National University – Carlsbad (705 Palomar Airport Road, Carlsbad 92009; pre-paid registration $79, $89 at the door).

• Feb. 10 – Tax Considerations for Small Business – 9:30 to 11:30 a.m. at SCORE Entrepreneur Center (550 West C St., #550, San Diego 92101; pre-paid registration $29, $39 at the door).

• Feb. 11 – Legal Issues for Small Business: Organizational Structure – 9 a.m. to noon at SCORE Entrepreneur Center (550 West C St., #550, San Diego 92101; pre-paid registration $49, $59 at the door).

• Feb. 12 – Introduction to Starting Your Own Business – 9 a.m. to 4:15 p.m. at National University – Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door).

• Feb. 14 – Customer Service: The Key to Business Success – 9 a.m. to noon at SCORE Entrepreneur Center (550 West C St., #550, San Diego 92101; pre-paid registration $39, $49 at the door).

• Feb. 15 – Financial Statements: What They Mean, How to Use Them – 9:30 to 11:30 a.m. at SCORE Entrepreneur Center (550 West C St., #550, San Diego 92101; pre-paid registration $29, $39 at the door).

• Feb. 15 – Marketing for Nonprofits – 9 to 11:30 a.m. at The San Diego Foundation – Liberty Station (2508 Historic Decatur Road, #200, San Diego 92106; pre-paid registration $39, $49 at the door).

• Feb. 16 – Internet Marketing 303: Social Media for Small Businesses – 9 a.m. to noon at National University – Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $49, $59 at the door).

• Feb. 18 – Financing Your Business – 9:30 a.m. to noon at National University – Carlsbad (705 Palomar Airport Road, Carlsbad 92009; pre-paid registration $29, $39 at the door).

• Feb. 23 – Business Plan 201: How to Write a Winning Business Plan – 9 a.m. to 3:30 p.m. at National University – Carlsbad (705 Palomar Airport Road, Carlsbad 92009; pre-paid registration $99, $109 at the door).

• Feb. 25 – QuickBooks Advanced – 9 a.m. to 4 p.m. at National University – Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door).

• Feb. 25 Business Basics 101 – 9:30 to 11:30 a.m. at SCORE Entrepreneur Center (550 West C St., #550, San Diego 92101; No charge – please pre-register).

• Feb. 28 – Restaurant 201 – 9 a.m. to noon at National University – Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $49, $59 at the door).

North County:

The Business & Entrepreneur Center and the Small Business Development Center at MiraCosta College will offer free upcoming workshops to help businesses succeed. The workshops will be held at Vista City Hall, 200 Civic Center Drive, from 11:30 a.m. to 1:30 p.m. on the following dates:

March 1: Increase Sales Using Social Media: Learn how to incorporate social networking into a business.

April 5:  Financing Options for Businesses: Direct lenders and the SBA will discuss financing options for a business.

May 3: Ways to Market A Business: Learn to identify the “right” customer for a business and easy ways to market your business to them.

June 7: Marketing A Business Using Google Tools: Learn how to use Google tools such as ad words, ad sense, Google trends and more.

Bring a lunch to the workshops. Drinks will be provided.

The Daily Business Report is produced by REP Publishing Inc., publisher of SD METRO, the North Park News, Kensington News and the West Coast Craftsman. (619) 906-4104.

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We Want Your Opinions on San Diego’s Big Issues In the coming months, Probosky Research (one of California’s leading opinion research firms) will continue its partnership with SD METRO to survey San Diego residents about topics of interest to our readers. We’d like to throw open the door for suggestions for topics. What do you want to know? What do you think you know, but aren’t sure? What are you certain you know, but want to prove it beyond doubt? Ideally, we’d like to see questions that have to do with public policy.

Some areas may include Mayor Filner’s first 100 days job performance, should the city be responsible for economic growth and the creation of new jobs, how important are infrastructure improvements to our daily lives (streets and bridges, etc.), how important is water independence, how satisfied are residents with public transit or how do city residents value Balboa Park and other open spaces? Do you believe the City Council should revive the Plaza de Panama plan for Balboa Park?

You can email Probolsky Research directly with your ideas: info@probolskyresearch.com