Business

 

 

Dallas’ Imaginuity Launches an AI-Created ‘Virtual Shopping Bestie’ Named Cindy

by | Apr 16, 2024
Now appearing on the websites of 13 JLL-managed shopping centers across the U.S., "Cindy" may seem like just another influencer peddling perfume and athleisure. But she's really a "complex mix of generative AI tools driven by a proprietary recipe of procedures, prompts, and modeling."
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Fort Worth Solar Developer Bridgelink, California’s Bitech Technologies Execute Business Combination Agreement
by | Apr 15, 2024
Under the agreement, Bitech will acquire battery energy storage systems and solar projects with estimated capacity of up to 5.8 GW. The move underscores a "unified commitment" to advancing the development of projects in the U.S. including in Texas, Arizona, and Louisiana, the companies said.
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Nearshoring America EXPO: Dallas Market Center Pioneers First-Of-Its-Kind Trade Show Linking U.S. Brands, Importers with Latin American Suppliers
by | Apr 15, 2024
Nearshoring America EXPO will connect brands and their representatives with "vetted factories and supply chain service providers" from Mexico and Latin America. Attendees are importers of gifts, home furnishings, and apparel accessories seeking OEM product sources, project manufacturing services, and full-scale product development partnerships.
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New York’s Edged Energy To Build ‘Ultra-Efficient, AI-Ready’ Data Center in Irving
by | Apr 15, 2024
Edged Dallas will be built for high-density AI workloads and equipped with advanced waterless cooling and ultra-efficient energy systems. It's expected to open in the fall.
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McKinney’s Encore Wire Acquired by Italy’s Prysmian in $4B-Plus Deal

by | Apr 15, 2024
The expansive North Texas manufacturer of copper and aluminum for residential, commercial, and industrial wire needs is listed on Nasdaq under the ticker WIRE. After the deal closes, Prysmian said it expects to maintain a significant presence at Encore Wire’s vertically-integrated, single-site campus in McKinney.
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Dallas To Host 2024 U.S.‑Africa Business Summit May 6‑9
by | Apr 15, 2024
Returning to the U.S. for the first time in seven years, the Corporate Council on Africa’s annual U.S.-Africa Business Summit will be held at the Kay Bailey Hutchinson Convention Center in Dallas. With consumer spending in Africa slated to hit $2 trillion in 2025—and with some of the largest African diasporas living right here in North Texas—the summit could offer "immense business opportunities," the city said.
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JLL Appoints Industry Veteran as Managing Director of North Texas Retail Group
by | Apr 12, 2024

Michael Wheat has been appointed as managing director of the North Texas Retail Group by Dallas-based real estate services giant JLL, marking a significant step in the expansion of retail services across Dallas-Fort Worth....

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BKV Taps Design Pro to Drive Corporate, Hospitality Projects In North Texas and Sun Belt
by | Apr 12, 2024

BKV Group has added Melanie N. Hanna as director of interior design and senior associate working on its Dallas practice site.

Washington, D.C.-based BKV Group is a holistic, multidisciplinary design firm....

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Dallas’ Arctos Adds Industry Veteran as Operating Partner

by | Apr 12, 2024

Dallas-based private investment firm Arctos has added Brian Lafemina as operating partner of the firm that provides custom-made growth and liquidity solutions, innovative thought partnership, and value creation services to sports franchises (Arctos Sports) and alternative asset managers (Arctos Keystone).

“With the demand for sports as an asset class continuing to grow, Brian’s data-centric approach to operations and revenue is extremely valuable to Arctos and its partners,” Ian Charles, co-founder and co-managing partner of Arctos, said in a statement....

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PE Firm Lone Star Names CEO/Global President
by | Apr 12, 2024

Donald Quintin has been appointed chief executive officer and global president of Dallas-based Lone Star, a global private equity firm.

Quintin joined Lone Star in 2010 and has served in multiple leadership positions, most recently as president of opportunity funds overseeing the origination and operations of the Opportunity Fund and the Residential Mortgage Fund strategies....

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Work Begins on $1 Billion ‘Lagoon Community’ in Anna
by | Apr 12, 2024
From a 60-foot-tall waterslide tower to a huge lagoon ringed by a white-sand beach, Megatel Homes' AnaCapri development is slated to have amenities galore. If you've got a surfboard, wax it up: the community will even have a FlowRider wave pool for standing-wave surfing.
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Fort Worth’s Paslay Group Appoints Director of Operations for Division
by | Apr 12, 2024

Fort Worth-based airport consultancy Paslay Group has appointed Kris Vogt, a professional engineer with three decades’ experience in program, project, and construction management, as the first director of operations for its PG Executive Program Management division....

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The Atomic Bombs Dropped on Japan Took Off from Tinian. Now Irving-Based Fluor Is Getting $409M To Help Make It a Stronghold Again

by | Apr 12, 2024
Nearly 80 years after two B-29s took off from Tinian and hastened the end of World War II, geopolitical tensions have put the island—part of a U.S. territory—back on the radar of U.S. Air Force strategic planning.
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Four North Texas Entrepreneurs Make 2024 Inc. Female Founders 250 List
by | Apr 12, 2024
Based in Dallas and Fort Worth, the four local entrepreneurs pursue missions ranging from making healthy hair care accessible to all to turning locations into landmarks to blazing new trails in influencer marketing.
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Modern Aviation to Acquire American Aero at Fort Worth’s Meacham Int’l Airport
by | Apr 11, 2024
American Aero operates on a 31-acre fixed base operator campus with 247,000 square feet of hangar and office space, and the largest open ramp on the field of more than 11 acres.
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10 New Walmart Health Centers Coming to Dallas-Fort Worth in 2024
by | Apr 11, 2024
The services may vary by location, Walmart said, but include same-day primary care, dental, behavioral health, labs, X-ray, community health, and telehealth.
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