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For the second straight month, California's construction volume stayed strong in September. According to the Construction Industry Research Board (CIRB), statewide construction totaled $6.67 billion, up 0.6% from August and up 15.9% from September 2003. Heavy construction activity accounted for $1.03 billion in September, up 78% from August. Large projects included a $113.2 million freeway project in Los Angeles County, two rail projects in San Diego County totaling $232.4 million, an $81.9 million bridge project in San Diego County and a $52.6 million waste treatment project in Santa Clara County. Public works construction was up 33% from August. Among the larger public building projects was the $41.1 million terminal expansion at Oakland International Airport. Heavy construction in the first nine months of this year totaled $6.6 billion, up 15% or $868.8 million more in projects from the same period last year. Public works construction during the same nine-month period totaled $13.3 billion, up 3% from last year. All construction sectors are up in the first nine months of 2004, except public buildings construction which totals $6.745 billion, down 6.1% or $439.4 million less from the same period last year. The federal fiscal year ended September 30...

Moorpark-headquartered Smtek International Inc. recently signed two manufacturing agreements - one for board production in the medical market segment and one for box-build production in the industrial test and controls market segment. Based on the customers' current production run rates, revenues from these agreements are projected at $7 million over the coming twelve months. Full production run-rate on the board contract is anticipated this quarter, with the larger box-build contract expected to reach full production in fiscal third quarter. Smtek is an electronics manufacturing services (EMS) provider serving original equipment manufacturers (OEMs) in the medical, industrial instrumentation, telecommunications, security, financial services automation, aerospace, and defense industries. The company's four facilities are located in Moorpark and Santa Clara, California; Marlborough, Massachusetts; and Ayuttya, Thailand; and…

Distributed Power Inc. has completed the development of and purchased two distributed generation cogeneration projects in Southern California. Both projects sell electric power and energy to health clubs owned and operated by a major national health club chain. The projects are located in National City, near San Diego, and Tustin in Orange County. The acquisition calls for Distributed Power to purchase each facility for cash through a special purpose project investment entity. Both projects use cogeneration equipment manufactured, packaged and supplied by CoastIntelligen, a supplier of cogeneration facilities located in Vista, California that will also operate and maintain the projects under a separate agreement. Distributed Power is also reportedly in negotiations to acquire, develop and fund several additional distributed generation cogeneration projects located in California.

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