Global device manufacturing company explores San Diego as its new home

Sysmex Corporation, a global medical device manufacturing company with its HQ in Kobe, Japan, was looking to enlarge their US-based presence.

With San Diego as a target destination for expansion, Sysmex contacted EDC with details on the company’s plans to expand its life science operations by leveraging proprietary technologies to create new testing and diagnostic technologies that help provide optimal healthcare for all. Sysmex distributes and supports automated in vitro diagnostic hematology, coagulation and urinalysis analyzers, reagents and information systems for laboratories and healthcare facilities throughout the Western Hemisphere.

The company was interested in piloting their US presence with a research and development lab staffed with ten initial full-time employees. EDC provided a list of properties using a site selection database that met Sysmex’s requirements for location characteristics. In order to coordinate site logistic tours and provide Sysmex additional market perspectives on the potential locations, EDC leveraged its connections with CBRE’s research team. CBRE was able to conduct a tour with Sysmex on nine different locations across the region.

Sysmex is now in the process of finalizing their internal budget by mid-October, in order to establish their research and development site by December of this year. The Sysmex team is very positive regarding San Diego and establishing a future here.

Providing incentive consulting to Cubic Corporation

Cubic Corporation

Serving the defense and transportation industries, Cubic Corporation is a global company with clients on nearly every continent. The company has called Kearny Mesa home for 50 years, currently based in an aging set of buildings that have not kept pace with the company’s. Its facilities were divided onto two major campuses in the Kearny Mesa area, creating a lack of cohesion among its business units.

With competition for tech talent at an all-time high, Cubic’s leadership was concerned its outdated facilities would discourage potential hires. Cubic needed to modernize and redevelop its campus to help attract talent, while also providing adequate facilities for the next 50 years. Despite its long history as a San Diego company, Cubic was experiencing pressure to build its headquarters in a lower-cost state such Tennessee, Alabama, orFlorida, where Cubic had other growing operations. As a result, EDC worked hand-in-hand with Cubic’s team to secure the necessary incentives to keep San Diego a competitive option, despite pressure to relocate its facilities out-of-state.

Utilizing both state and local programs, EDC was able to leverage its expertise in incentives consulting in order to help this 50-year-old staple company stay in California. EDC developed a strategy to capture a number of incentive programs, which offset the cost of rebuilding its headquarters in San Diego. Additionally, EDC worked as an intermediary to both the City and State departments on behalf of cubic to ensure processes were staying on track and that the campus redevelopment was seen as a priority by all parties.

Cubic secured a CalCompetes Tax Credit worth $8.5 million. Locally, Cubic was able to secure expedited processes through the City of San Diego, in addition to a Business Incentive Program and Business Cooperation Program award. In total, the incentives and expedited processes provided gave Cubic the necessary offsets and timeline confidence to commit to redeveloping its Kearny Mesa headquarters, and keeping San Diego as its home for decades to follow.

ABOUT CUBIC CORPORATION: Cubic is an American public corporation providing diversified systems and services to the transportation and defense markets worldwide. Cubic Corporation is the parent company of three major divisions: Cubic Transportation Systems, Cubic Mission Solutions and Cubic Global Defense. cubic.com

Telaeris capitalizes on trade mission with WTC and Port of SD

Port of Toulon

MetroConnect company Telaeris is a privately-owned San Diego company that develops RFIDs (Radio Frequency Identification) and contactless smartcards for businesses. RFIDs and its related products are important contemporary solutions for the efficient management of inventory and assets. RFIDs are also important in tracking the flow of people, as it is one of the basic technologies that make a security badge function.

In September of 2018, Telaeris was selected to be one of 20 participating companies in World Trade Center (WTC) San Diego’s MetroConnect export assistance program. The company received a $10K grant, courtesy of JPMorgan Chase, as well as programmatic support in order to access international markets and boost export sales. Programmatic support included educational workshops, marketing and PR support, and access to preferred rates and discounts with airline and industry partners.

At the beginning of the 2018 program, WTC’s team connected Telaeris to MetroConnect sponsor SYSTRAN, to provide complimentary translation services for the nearly 100,000 lines of code the company needed modified.  Once the company had taken the SYSTRAN software as far as it could go, Telaeris used its $10k in grant funds to pay for expert human translators in Spanish, French, German, Portuguese, and more, to polish the code to ready it for market.

In April, the company attended a trade mission to the South of France with the Port of San Diego and WTC San Diego. There, the company was able to market its localized product to French electronic tracking company Coppernic. As a result, Telaeris was able to ink a deal and have eight Coppernic employees (six in Europe; two in Africa) trained to sell Telaeris’ enterprise technology, thereby expanding its sales capability to regions where it had never had a presence before. Additionally, this relationship has led to two potential deals (currently in the works) worth $25K each.

“The MetroConnect program, presented by JPMorgan Chase, has been an amazing catalyst to super-charge the way our company approaches international business development. Our company has been around for 14 years, but with the tools and resources provided through MetroConnect, we are now on track to target many large markets that make up the majority of the world that does not speak English. Capitalizing on these opportunities makes us a more resilient and prosperous company back home.”

– David Carta, CEO & President at Telaeris

WTCSD connects environmentally-conscious Japanese company with San Diego ecosystem

World Trade Center San Diego (WTCSD) works to connect San Diego to global resources. Before a company sets up a location in San Diego, it needs customers. That’s where WTCSD comes in.

Recognizing San Diego’s role as a cleantech’s hub and the region’s forward-thinking adoption of green policies, in January, a Japanese-maker of alternative paper and plastic products reached out to World Trade Center San Diego. Not only was the firm interested in potential customers that might need its product, but they were also looking to cultivate relationships with local manufacturers.

Through WTCSD’s MetroConnect participants and other regional partners, WTCSD was able to compile a list of potential leads and provided curated introductions to hoteliers and retailers in San Diego with a track record of progressive climate action. On the manufacturing end, EDC also was able to connect the company with contract manufacturers in the San Diego region, which lays the foundation for the Japanese-based company to make a future investment in San Diego.