Business

 

 

The Last Word: Rep. Marc Veasey on Ericsson’s $50M Additional Investment in Its USA 5G Smart Factory in North Texas

by | Jun 10, 2024
Late last month, Sweden-based Ericsson hosted an event at its USA 5G Smart Factory in the Dallas-Fort Worth suburb of Lewisville. The expanded 300,000-square-foot "highly automated" manufacturing plant employees more than 500 people is "at the forefront of building the next generation of 5G infrastructure in the United States," the company says. To support its mission, Ericsson announced an additional investment of $50 million in the plant on top of an initial $100 million announced in 2020.
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Dallas’ HilltopSecurities Names Head of Its Bank Solutions in Memphis
by | Jun 7, 2024
As head of HilltopSecurities Bank Solutions, Mat Parker oversees the firm-wide solutions for community and regional banks and reports to HilltopSecurities President and CEO Brad Winges.
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Dallas-based TDI Adds 2 New SVPs/Partners
by | Jun 7, 2024
Graham Johnston and Patrick Crawford have joined the leadership team of the Class A multifamily investment platform, which has around $3.7 billion in multifamily assets.
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Tarrant County Commissioners Appoint New Public Health Director
by | Jun 7, 2024
Dr. Brian Byrd is a Tarrant County native, a former Fort Worth City Council member, and a practicing physician who founded and served as CEO of Texas Family Medicine, a primary care physician group, for nearly a quarter of a century.
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American Airlines’ EVP/Chief Commercial Officer To Leave Company

by | Jun 7, 2024
Vasu Raja has served as American’s chief commercial officer since April 2022.
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Fort Worth’s Crestline Summit Names New COO
by | Jun 7, 2024
Brian Peller will oversee Crestline Summit's middle and back-office operations, legal and compliance, accounting, and technology functions for the division of Crestline Investors Inc.
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Omni Workspace Names Regional VP for Fort Worth-Based Turnkey Project Services
by | Jun 7, 2024
Fort Worth-based Turnkey Project Services, established in 1998, joined Omni's portfolio of brands last summer.
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Irving’s McKesson Corp. Adds Healthcare Veteran to Board
by | Jun 7, 2024
Dr. Deborah Dunsire joins the board with more than 30 years of experience leading large, matrixed organizations in the biopharmaceutical, oncology, and other specialty industries, including her role as president and CEO of H. Lundbeck A/S.
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Fort Worth’s Crestline Investors Announces 2 Promotions to Partner

by | Jun 7, 2024
Will Palmer and Jesús Payán have been promoted by the global alternative investment manager, which has roughly $18 billion in assets under management and affiliate offices in New York, London, Toronto, and Tokyo.
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Bug Studies: New Innovation Center in Irving Has ‘Insectary’ and 3 Labs for the Future of Pest Control
by | Jun 7, 2024
The newly opened North America Innovation Center from pest-control giant Rentokil Terminix features a collection of live indigenous and global insects, along with three independent laboratories investigating everything from wood-destroying organisms to municipal mosquito control.
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Shop and Drop: Walmart’s ‘Drone-Ready Picks’ Feature to Land on App for North Texas Shoppers
by | Jun 6, 2024
Starting later this month, Walmart app users in Frisco, Lewisville, and North Richland Hills can click "Shop drone-ready picks" on the Walmart app to launch Wing drone deliveries to their homes. Other recently unveiled tech has been rolling out, too.
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Dallas-Based LeaseLock and ResidentRadius Introduce ‘Zero Deposit’ for Renters—and Smarter  Loss Protection for Property Owners
by | Jun 6, 2024
Instead of paying a costly upfront deposit to lease rental housing, renters using LeaseLock pay a small monthly deposit waiver fee along with their rent. In turn, the property manager or owner is protected against missed rent and damages with customized insurance coverage powered by AI underwriting.
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Visionary Business Leader Jim Keyes: ‘It’s Time to Create an Educated Workforce for the Information Age’

by | Jun 6, 2024
Amid a general atmosphere of ignorance and fear that’s being stoked by the internet and social media, the U.S. education system currently is under attack as irrelevant or beyond repair, Jim Keyes says. What’s urgently needed, he believes, is replacing this cycle of negativity with knowledge—and a new technology platform that will ‘take American education to the next level.’
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The Last Word: TXSE Group’s James Lee On His Planned Launch of the Texas Stock Exchange
by | Jun 5, 2024
As we noted in our top story today, Lee's TXSE Group plans to launch the Texas Stock Exchange (TXSE), focused on Texas and the Southeast U.S.  The group says it will provide "a venue to trade and list public companies and the growing universe of exchange-traded products" as a "fully electronic, national securities exchange." That's caused buzz across the Lone Star State—and especially on Wall Street.
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DataNovaX Announces $1 Billion Wichita Falls Data Center Amid North Texas Boom
Phase I is set to go live in December, followed by a transformative 550,000-square-foot Phase II expansion. The project offers an "excellent alternative" to the tight Dallas-Fort Worth data center market, according to the company's Wylie-based CEO.
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Illinois’ RJW Logistics Group Opens Its Second Large Warehouse Facility in Mesquite
by | Jun 5, 2024
With RJW's second Mesquite facility providing around 200 new jobs, the company's total retail logistics footprint exceeds 7 million square feet spanning 11 warehouses in Chicago and two in Mesquite. "Creating jobs for Dallas-area workers is a priority for us, and we're enthusiastic about helping the local community thrive," CEO Kevin WIlliamson told Dallas Innovates.
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