Business

 

 

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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North Texas’ Ally Senior Living Completes Merger with Denver-Based Onelife
by | Mar 4, 2024
The combined company operates 19 communities and will retain the Onelife Senior Living name and branding. It will be led by partners Dan Williams, previously CEO of Ally Senior Living, and Zack Falk, previously CEO of Onelife.
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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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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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The Last Word: Tetris Fan on a New Interactive Version of the Game at Immersive Gamebox at Grandscape
by | Mar 4, 2024
Immersive Gamebox, a London- and Dallas-based group gaming company with two North Texas locations at Grandscape in The Colony and in Deep Ellum in Dallas, launched its new Tetris 1991 experience in late January and invited a special guest to kick it off: 13-year-old Willis Gibson, who earlier that month became the first person to "beat" the Nintendo Entertainment System version of Tetris. 
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Executive Returns to The Beck Group as Chief Revenue Officer
by | Mar 1, 2024
Scott Lowe worked at Beck—the Dallas-based leader in integrated design-build services—from 1998 to 2005. He left the firm to co-found Dallas-based 5G Studio Collaborative, where he became CEO and led its expansion and growth until 2023.
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Dallas-Based PPA Tour Closes Merger with Major League Pickleball, Backed by $75M

by | Mar 1, 2024
The merger combines the leading individual bracket-style tour and team-based professional pickleball formats, with the PPA Tour and Austin-based MLP retaining their distinct brands and their unique formats. The consolidation is backed by a $75 million investment from multiple parties. Here's who's backing it—and where pickleball could be going next.
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Dallas’ HF Sinclair CEO Joins Celanese Board
by | Mar 1, 2024

Irving-based global chemical and specialty materials maker Celanese Corp. has added Timothy Go to its board of directors, effective immediately.

Go’s addition expands the board to 12 members, with 11 serving independently....

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Aimbridge Hospitality Names Industry Veteran as New CEO
by | Mar 1, 2024

Craig S. Smith has been named chief executive officer by Plano-based Aimbridge Hospitality, effective March 18.

In joining Aimbridge, the company said Smith is expected to leverage decades of deep operational experience and proven leadership with Marriott International to solidify the company’s position as the frontrunner in comprehensive, performance-backed hotel operations....

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Frisco’s Baird Medical Devices Accelerates U.S. Expansion, Appoints CCO
by | Mar 1, 2024

Baird Medical Devices Inc., a microwave ablation medical (MWA) device developer and provider headquartered in China and with a U.S. base in Frisco, said it is accelerating its expansion in the United States through senior hires, key partnerships, and capacity building initiatives to support its business.

The company said it experienced rapid momentum in the United States during the fourth quarter of 2023, particularly after receiving the U.S....

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Plano’s AllerVie Health Appoints New Chief Executive Officer

by | Mar 1, 2024

Plano-based AllerVie Health announced that Tae Kim will be the new chief executive officer of the national network of allergy clinics.

Kim’s promotion from president reflects the company’s strategic plan, AllerVie said.

Chris Roussos, executive chairman of the board and former chief executive officer, will continue in his role on AllerVie’s board as executive chairman, where he remains actively engaged in key strategic activities on behalf of the company, AllerVie said....

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Fort Worth’s Standard Meat Co. Announces New Director of IT, Two Promotions
by | Mar 1, 2024

Trever Schatschneider has been appointed director of information technology at Fort Worth-based Standard Meat Co., the company and CEO Ben Rosenthal announced.

The historic family-owned firm also announced the elevation of longtime SMC management team members Taylor Stephenson and Heather Irby to senior director, business development and senior director, human resources and safety, respectively....

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Refrigerated Fast Food Is Getting Autonomous Rides Between Dallas and Oklahoma City
by | Mar 1, 2024
Want fries with that? If you do—and you're in Oklahoma City—they may have just gotten a robotically driven truck ride from Dallas before getting plopped in a fryer and placed in your fast food bag. California-based autonomous trucking company Kodiak Robotics and Illinois' Martin-Brower Company are trucking refrigerated freight for quick service restaurants eight times per week between the two cities.
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Big Demand Meets Tight Supply: JLL’s 2023 North American Data Center Report
by | Feb 29, 2024
If data centers are the bricks holding society together, then the power that operates them is the mortar, according to JLL’s new H2 2023 North American Data Center Report. Here's why demand has stayed strong, why supply has tightened, and why ChatGPT uses "roughly as much power as 33,000 households."
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