North Bay Business Journal

SANTA ROSA — Medtronic, Inc. (NYSE: MDT) today said it would cut 2,000 jobs across the company as a result of “manufacturing consolidation efforts,” while reporting that its Cardiac and Vascular Group, which includes operations in Santa Rosa, had worldwide sales of more than $2.3 billion for an increase of 5 percent over the year.

A Medtronic spokeswoman told the Business Journal that approximately half the job cuts will take place overseas.

SANTA ROSA — GT Advanced Technologies Inc. (GTAT), a U.S. supplier of manufacturing equipment for solar and energy-efficient lighting products, has announced the acquisition of Thermal Technology LLC of Santa Rosa in a deal that values the supplier of high-temperature furnaces at more than $14.7 million.

SANTA ROSA — Agilent Technologies Inc. (NYSE:A) reported today that its Electronic Measurement Group (EMG) saw second quarter revenues drop 13 percent since the same period last year. The loss was attributed to continued weakness in wireless manufacturing.

NORTH BAY – The U.S. Department of Commerce gave final approval to an application submitted by the Port of San Francisco last October to expand its Foreign Trade Zone (FTZ) No. 3 service area to include portions of Sonoma and Napa Counties, in addition to Contra Costa, Marin and Solano counties.The former service area was limited to San Francisco and San Mateo counties.

NOVATO — Raptor Pharmaceutical Corp. (Nasdaq: RPTP), after steadily growing its pipeline over the past 12 months, will relocate its corporate headquarters to a nearly 31,000 square-foot space at 7 Hamilton Landing, a space formally occupied by Walt Disney Corp.’s ImageMovers Digital animation studio.

Diana Brennan, who has worked in Sonoma Raceway media relations since 1999, was promoted from director to senior director of media and community relations. …

Altus Equity Group in Santa Rosa hired Kristy Brooks as operations manager. …

Kyle Young is the newest agent of commercial real estate brokerage Keegan & Coppin Company, Inc./ONCOR International’s Santa Rosa office….

Novato-based Ultragenyx Pharmaceutical, Inc., appointed Eric Yuen, MD, chief medical officer and senior vice president. …

Marla Carroll was named winemaker at Franciscan Estate Winery in St. Helena. …

SAN RAFAEL — BioMarin Pharmaceutical Inc. (Nasdaq:BMRN) recently reported a net loss of $39.8 million, or 31 cents per share, for the first quarter ended March 31, compared to a net loss of $24 million in the same period last year.

PETALUMA — Petaluma-based Cyan, Inc. (NYSE: CYNI) completed its initial public offering on Thursday, raising $88 million in the sale of 8 million shares priced at $11 per share.

HEALDSBURG — The California Lottery, one of the fastest growing lotteries in the United States, announced today their partnership with project portfolio management (PPM) firm, Métier based in Healdsburg. California Lottery selected Métier’s PPM-as-a-Service and PMO-as-a-Service offerings to enhance visibility and drive PPM maturity within the organization.

NOVATO — Raptor Pharmaceutical Corp. (Nasdaq: RPTP) today reported its first-quarter net loss expanded by 13.6 percent from a year before.

Novato-based 2K, a video-game publishing label of New York-based Take-Two Interactive Software, is expanding its North Bay development studios for the second time in the past several months, building a Petaluma motion-capture studio. …

Santa Rosa-based HybridCore Homes is garnering orders and building industry accolades for its factory-built room modules designed significantly reduce onsite construction time and trades scheduling. …

Spaceship-like Aptera 2e three-wheeled electric roadsters may begin rolling out of a downtown Santa Rosa industrial facility to buyers, now that the city of Santa Rosa has agreed to allow assembly of vehicles there. …

A nationwide group of BIM users, known as the BIMForum, is seeking industry comments by June 7 on a proposed set of standards for completeness and reliability of the models during design and construction. …

NORTH BAY — At a time of reduced state funding for public education in California, some of the North Bay’s largest and most influential employers are launching and supporting initiatives that seek to bolster programs for students from elementary school through the college level.

NOVATO — Raptor Pharmaceutical Corp. (Nasdaq: RPTP) today said the U.S. Food and Drug Administration approved its drug designed for the treatment of nephropathic cystinosis, a rare and possibly life-threatening metabolic disorder.

It’s the first FDA-approved product for Raptor, started in 2005 by former executives and researchers of Novato-based BioMarin Pharmaceutical, itself a developer of treatments for rare diseases.

U.S. commercial launch is expected by July. FDA approval triggers the second of two $25 million payments to Raptor.

VACAVILLE — From WiFi and Bluetooth to the possible harvesting of solar power from space, the humble radio frequency wave is having something of a high-tech heyday.

Vacaville startup RF Biocidics is greening up the processing of fruits, nuts and potentially a wide range of foods by subjecting them to low-frequency radio waves.

Melissa Bastianon and Cathy Miller are the newest members of Frank Howard Allen Realtors’ Sebastopol office. …

Michael Moffett, a Coldwell Banker Commercial Brokers of the Valley agent in Napa, earned a spot in the company’s Bronze Level Circle of Distinction. …

Jeanette Ditter, a sales associate in Coldwell Banker Residential Brokerage’s Santa Rosa office, earned membership in the company’s International Diamond Society. …

Petaluma-based Cyan appointed Joe Cumello chief marketing officer. …

Sonoma County Tourism certified its 500th “tourism ambassador”: Randy Johnson, owner of Getaway Adventures. …

SANTA ROSA — SenarioTek has been able to survive economic slumps over its 10 years in business by diversifying target markets for its products used in testing wireless communications systems.

Bank of Marin hired Jim Burke as chief information officer. …

Zero Breast Cancer, a nonprofit organization in Marin County, will honor the following individuals and organizations for their contributions to the understanding of breast cancer: David Gullion, M.D., Carol Kronenwetter, Ph.D., Regan Fedric.

The 2013 Francine Levien Activist honorees are Stig Westling, MBA, Jonathan Mooney, MBA and Janine Elliott, MBA, co-founders of Skip to Renew, a company that was launched through the Dominican University Venture Greenhouse. …

Michael Gregory, sales associate with Coldwell Banker Residential Brokerage’s Petaluma office, has been awarded membership in the company’s International Sterling Society, an honor bestowed upon the top Coldwell Banker sales associates worldwide. …

Rebecca Celli, sales associate with Coldwell Banker Residential Brokerage’s Petaluma office, has earned membership into the company’s International President’s Circle, a prestigious honor bestowed upon the top Coldwell Banker sales associates worldwide. …

Sodaro Estate Winery appointed a new winemaking team: Denis Malbec and May-Britt Malbec. …

SAUSALITO — One year after launching its Inside Connections for job seekers on Facebook, Glassdoor is looking to innovate further.

SANTA ROSA — Telephone and Internet service provider Sonic.net is rapidly expanding its business connections, including a major sales push in Southern California and a planned fiber-to-the-business network in Santa Rosa.

Carine Arend, CPA, has been promoted to senior manager in the tax department of the Santa Rosa public accounting firm of Dal Poggetto & Company, LLP. … Also in the tax department of the same firm, Ryan Fitzsimons, CPA, has been promoted to manager. …

Reed Upson joined Warren Capital Corp. in Novato as finance and operations analyst. …

Surani Kwan was presented the 2013 Nurse Practitioner of Distinction award by the California Association for Nurse Practitioners. …

Autodesk Inc. of San Rafael appointed to its board of directors Tom Georgens of NetApp. …

Penfolds, managed by Treasury Wine Estates, named Napa-based DLynn Proctor its winemaking ambassador for the Americas. …