Business

 

 

Celestica To Expand North Texas Operations with High-Tech Manufacturing, Adding Over 150 Jobs in Richardson

by | Mar 7, 2024
Toronto-based Celestica produces "groundbreaking, state-of-the-art equipment" based on artificial intelligence learning systems for its U.S.-based customers. Its newly announced expansion is being fueled by an economic redevelopment agreement with the city of Richardson.
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JCPenney Celebrates Women’s History Month with Community Grants
by | Mar 7, 2024
In honor of women going above and beyond to serve the community, Plano-based JCPenney said it is awarding five female changemakers a $2,000 donation to the nonprofit of their choice. Applications opened on March 1, and winners will be announced on May 1.
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Skyline Update: Swiss Firm To Build 35-Story Residential Tower in Downtown Dallas
by | Mar 7, 2024
In yet another sign that downtown Dallas is increasingly becoming a residential neighborhood, the Switzerland-based Empira Group plans to break ground later this year on a signature residential address—with the Dallas Arts District and the central business district beckoning in two directions.
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Mark Cuban Cost Plus Drugs Begins Manufacturing Critical Meds in Dallas This Week, CEO Says at White House
On Monday, the online pharmacy's co-founders—Mark Cuban and CEO Dr. Alex Oshmyansky—took part in a White House roundtable on lowering healthcare costs and bringing transparency to prescription drug middlemen. Cuban criticized the industry's business practices, saying these middlemen keep drug prices high and that independent pharmacies can be forced to absorb losses when reimbursed less than the cost of the medications they purchase.
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Patented: Apple’s Desktop Computer Housing and More North Texas Inventive Activity

Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. 156 patents granted for the week of Feb. 13 include: Alcon's 3D printing of an intraocular lens having smooth, curved surfaces; Amazon Technologies' anomaly prediction for electronic resources; ASSA ABLOY Entrance Systems' signal light for a loading dock; and more.
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Frontgate Launches ‘Reimagined’ Store Experience in Dallas’ Preston Royal Village
by | Mar 6, 2024
The home furnishing and lifestyle brand rolled out its new store concept in Dallas, which includes a front vestibule reminiscent of a traditional foyer and a shopping journey presented in homelike ‘vignettes.'
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Fort Worth’s North American Rail Solutions Acquires West Rail Construction
by | Mar 6, 2024
"The Northwest United States is an important territory for American Track and West Rail Construction is the premier rail service provider and operator in that geography," said Thomas Lucario, CEO of North American Rail Solutions.
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LiquidStack Opens New U.S. HQ and Manufacturing Facility in North Texas
by | Mar 6, 2024
Liquid cooling for data centers has seen a big spike in demand due to the (literally) hot new revolution of Generative AI. Having moved its global HQ from the Boston area to Carrollton, north of Dallas, LiquidStack aims to meet that demand with a full range of liquid cooling solutions manufactured on site. It's now "aggressively hiring."
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2024 Samsung Galaxy Creator Collective to Be Hosted at Dude Perfect HQ in Frisco

by | Mar 5, 2024
The March 27-28 livestreamed event will feature Samsung's #TeamGalaxy members, the dudes from Dude Perfect, keynote speaker MrBeast, and speakers from such top creator platforms as Meta, Reddit, Rolling Stone, Snap, and Spotter.
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The Last Word: Dallas Tops Site Selection’s Metro Rankings, ‘Double Shot’ of Life Sciences Investment Adds to Momentum
by | Mar 5, 2024
According to a new report from Dallas-based JLL, society is accelerating the volume of data it creates at a rapid rate—and that data is foundational to how we work, live, and play. That's led to sharply increasing demand for data centers in a time of tightening supply, forcing a shift toward secondary and new, emerging markets. 
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In Joint Venture with Digital Realty, Mitsubishi Is Paying $265M for 65% Interest in Two Dallas-Area Data Centers
by | Mar 4, 2024
The joint venture with Austin-based Digital Realty, which has an office in Dallas, is for two data centers that are "100% pre-leased to an S&P 100 investment grade customer on a long-term basis," said Digital Realty—which is maintaining 35% interest in the projects.
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Dallas’ Tenet Healthcare to Sell Two California Hospitals for $550M and Partner with Adventist Health
by | Mar 4, 2024
Tenet said its Conifer Health Solutions subsidiary will enter into an agreement to provide revenue cycle services for San Luis Obispo County-based Adventist Health, which is acquiring the two hospitals.
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Dallas’ Valesco Industries Acquires 90-Year-Old Wisconsin Scrap & Waste Handling Company

by | Mar 4, 2024
Wisconsin-based BloApCo manufactures and designs solid waste and scrap handling systems and processing equipment, primarily for corrugated box and packaging plants and the retail distribution industry.
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Fort Worth’s American Airlines To Make Its Fleet First-Classier with 260 New Aircraft, Retrofitted Fleet
by | Mar 4, 2024
The orders for AIrbus, Boeing, and Embraer aircraft are part of American's continued investment to expand premium seats across its narrowbody and regional fleets—while supporting the long-term strength of its domestic and short-haul international network. With the move, American says it will offer more premium seats than any other U.S. airline.
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Plano-Based Westwood Acquires California’s O’Dell Engineering
by | Mar 4, 2024
The acquisition is the first in California for Westwood Professional Services, which specializes in wind energy, solar energy, energy storage, power delivery, EV infrastructure, and more.
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Texas Wins Site Selection Governor’s Cup For Record 12th Year in a Row
by | Mar 4, 2024
The Governor's Cup recognizes the nation’s top-performing state for job-creating business relocations and expansions. Texas has now won the award for a record-setting 12 years in a row—and has won it 20 times overall.
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