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D&K engineering

October 14, 2014

D&K Engineering

On October 3rd, more than 28 San Diego companies opened their doors to the public as part of National Manufacturing (MFG) Day. As one of the founding members of the local event, the team at D&K Engineering was behind the day’s success. More than 100 people lined up to tour its Rancho Bernardo headquarters where many of the world’s most innovative products are made.

With a wide-range of expertise - including kiosks, medical devices, 3D printers and more – D&K Engineering is redefining the way we think of product manufacturing. Its products and expertise illustrate the way manufacturing has evolved to become a high-tech process that creates applications that change the world. This product intuition has helped them yield results: the innovator saw its manufacturing business grow by 90 percent from November 2012 to November 2013.  This is the type of growth that lands a company on the Inc. 5000 list five times.

For this week’s Investor Spotlight, we sat down with D&K Engineering’s CEO Scott Dennis to learn about why the innovator chooses to grow in San Diego.

1) Tell us about D&K Engineering

D&K Engineering provides end-to-end R&D, product development and manufacturing services for high-innovation content, hardware-based products.  We help enterprises become leaders in their industries by creating and manufacturing breakthrough hardware-based products that lead to profitable, enduring lines of business for our clients.  We achieve this by employing world-class R&D and manufacturing talent, deploying state-of-the-art product realization processes and leveraging our global infrastructure and supply chain to design and manufacture innovative products on a service basis. San Diego based ecoATM is a great example of one of D&K Engineering’s many end-to-end client relationships (R&D through manufacturing).  As the engineering and manufacturing engine behind ecoATM, we helped them quickly achieve market leadership by designing and delivering a fully-automated kiosk that was deployed to the market and generating revenue within a 12-month period.  Today, ecoATM is the leader in the electronics eCycling kiosk industry.

2) What are some advantages to doing business in San Diego?

Why D&K Engineering Chose San Diego

Although D&K Engineering provides services to companies around the world, San Diego is an ideal location to call home.  Some key advantages of doing business in San Diego are the broad base of industries located in the region, the deep pool of R&D and manufacturing talent available, geographic proximity to Mexico and easy access to Asian markets and supply chain. San Diego’s industry base includes many market-leading and emerging companies in a wide variety of industries such as medical, life science, wireless, 2D and 3D printing, kiosks, and defense.  Most organizations in these industries partner heavily with service-based companies to assist them with developing new, innovative products and manufacturing them on an ongoing basis.    

The education level and specialized skills of the talent pool in San Diego is a competitive advantage for our business. Not only does the region provide a talented pool of experienced workers, but its world-class university system, including UC San Diego, San Diego State University, the University of San Diego and others, continually provides a great pool of new engineering and business talent.

3) San Diego is full of dynamic companies, firms and service providers influencing global trends and innovation. Pick another San Diego company that is at the top of its game.

There are many San Diego based companies that are innovators and global leaders in their perspective industries. A few of these companies include:  iboss, a web security company developing innovative security solutions and a prominent member of San Diego’s growing cybersecurity industry; Hologic GenProbe, a medical device company developing diagnostic products to help improve patients’ lives; Illumina, a medical device manufacturer developing advanced DNA sequencing solutions and products used in the advancement of personalized medicine. 

4) What do you anticipate for your company in five years?

D&K expects continued regional and global growth in both our engineering and manufacturing services business over the next five years. With the goal of achieving a global leadership position in the product realization services industry, D&K offers San Diego the advantage of having a global industry leader in their own back yard that can help expand the burgeoning pool of technology based companies who call San Diego home. 

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August 21, 2014

San Diego Companies on Inc. 5000 list

Although San Diego is only home to 1 percent of the nation’s privately-owned businesses, it is home to more than 2 percent of the Inc 5000 list. In 2013, 101 companies made the Inc. 5000 ranks. According the 2014 data, 113 companies throughout San Diego County are now considered the fastest growing companies in the U.S.

EDC investors VAVi Sport & Social Club, Sentek Global, D&K Engineering, SKLZ and Stone Brewing Co. all made the ranks. Other familiar names, such as TakeLessons and Underground Elephant, were also mentioned on the list.

Businesses on the list are ranked according to their past three years of revenue growth. Inherently, the list methodology recognizes many small and medium-sized companies, as they often see large revenue percentage growths in their first few years. From 2010-2013, the number of startups on the list grew by 310 percent. San Diego’s story is consistent with many of the overall national trends. As an economy made up of small and medium-sized businesses, San Diego has seen tremendous growth and innovation from its startup and tech community.

Using city-specific data, Inc. has concurrently released its “10 Top Cities for Fast-Growth Companies” list, with San Diego coming in at number 5. Inc. writes “This southern California city is not only known for its beautiful coastline, but it’s also quickly becoming a sought-after tech hub.”  This Inc. accolade comes on the heels of other positive San Diego rankings, such as Forbes’ designation of San Diego as one of the “Coolest Cities in the U.S.”

Although many of our recent rankings just look at one factor or sector of our economy, the theme remains: Whether it's tech, lifestyle or culture, San Diego – and its economy – continues to shine. 

You can view the complete San Diego list here.

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November 1, 2013

101 San Diego Companies made Inc 5000 list of fastest growing companies

Earlier this week, Inc. magazine released its annual Inc. 5000 list of fastest growing companies. More than 100 companies in San Diego metro made the list, including four EDC Investors: SKLZ,Sentek GlobalD&K Engineering and VAVi Sport and Social Club. Other prominent San Diego region businesses made the list, such as Stone Brewing and Quality Controlled Manufacturing, who recently participated in San Diego Manufacturing Day with EDC and other regional partners. 

The Inc. 5000 list ranks companies by revenue growth from 2009 through 2012 for companies that are U.S.-based, privately-held, for profit, and independent with 2012 revenues greater than $2 million. The 101 San Diego companies on the list totaled more than $1.75 billion in annual revenue in 2012. Among all US metros, San Diego had the 13th most companies on the list. 

This list shows San Diego's businesses are gaining steam. While we're home to one percent of the nation's privately-held businesses, San Diego companies make up 2 percent of this year's Inc 5000  list.

Click here to see the full Inc. 5000 list. Click here to see the full list of San Diego metro businesses.

September 17, 2013

With more than 2,800 manufacturers spread out across San Diego County, the region is home to a diverse and growing manufacturing base which supports more than 91,000 jobs.  Yet there is a growing perception that manufacturing is on its way out, as jobs supposedly head overseas to remain cost competitive.  Every day, companies are finding ways to innovate and refine the manufacturing process and retain and bring back manufacturing jobs and it’s happening right here in our backyard.

On Oct. 4, many of these San Diego companies will open their doors to the public as part MFG Day, a national program that addresses common misperceptions about the manufacturing industry.  Participants include:

·         D&K Engineering – As the exclusive manufacturer of innovative e-recycler EcoATM, this Rancho Bernardo company also works in the medical device and 3d printing space. Register

·         Quality Control Manufacturing Inc. –  What started as a one man operation in a garage in 1978, has grown into a 95 person team for this Santee precision parts manufacturer Register

·         Taylor Guitars – Located in El Cajon, the Taylor Guitars’ factory tour takes guests through the steps of guitar construction. From wood selection to final assembly, guests will experience each process as a guitar evolves from raw wood into a finished instrument. Register

The tours will be preceded by a breakfast panel and discussion with representative from the touring companies at San Diego City College.

So why should San Diego County care about manufacturing? Here are a few reasons:

·         According to the Manufacturing Institute, every job created in the manufacturing sector supports 2.5 additional jobs

·         Manufacturing crosses all sectors – Military, tourism, and innovation- of San Diego’s traded economies; For example, the San Diego Military Advisory Council reports that the manufacturing industry is the largest business sector that provides goods and services to the military throughout San Diego County

·         The industry is more relevant than ever: According to the U.S. Census Bureau Quarterly Workforce Indicators, California's manufacturers created 51,571 new jobs in the third quarter of 2011

·         The Mega-region creates an economically competitive landscape for manufacturers—Just ask companies including 3Drobotics, Taylor Guitars, and Aqua lung

·         Small businesses are the lifeline of San Diego’s manufacturing ecosystem;  80 percent of manufacturers in San Diego and Imperial Counties have less than 10 employees

We hope to see you at Manufacturing Day, but if we don’t catch you there, you can still follow the conversation on twitter using the hashtag #MadeinSD.


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