Business

 

 

Irving’s Kelly-Moore Paints Ceases Operations, Begins Business ‘Wind-Down’

by | Jan 15, 2024

Irving-based Kelly-Moore Paints has ceased operations immediately and will begin what it called an orderly, out-of-court wind-down of all of its business. Kelly-Moore moved to Irving in April 2023 from California.

“I’m extremely disappointed and saddened by this outcome, as the entire Kelly-Moore team made incredible efforts to continue innovating and serving the unique needs of professional painting contractors,” CEO Charles Gassenheimer said in a statement....

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Dallas’ Crossplane Capital Announces 3 Promotions, and a New Hire
by | Jan 12, 2024

Dallas-based middle-market private equity firm Crossplane Capital announced three promotions and one new hire.

The company said the moves come after a strong 2023 that included nine acquisitions and one exit....

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Frisco’s Ruiz Food Products Names CEO, Makes Series of Executive, Board Changes
by | Jan 12, 2024

Frisco-based frozen Mexican food manufacturer Ruiz Food Products Inc. announced a series of executive leadership and board changes the company said are designed to position it for the next great growth period....

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Ryan Names New President of Its Tax.com Division
by | Jan 12, 2024

Jason Keever has been appointed president of Ryan’s tax.com division, the Dallas-based global tax services and software provider announced.

He comes to Ryan with more than 15 years of experience driving revenue at several private equity-backed, high-growth software-as-a-service companies, Ryan said....

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Dallas-based Mynd Immersive, in collaboration with AT&T, HTC VIVE, and the CTA Foundation, has launched the 'Great American Elderverse' at CES 2024 in Las Vegas, a groundbreaking campaign poised to revolutionize the lives of millions of older adults across the nation.

The Last Word: Mynd Immersive’s Chris Brickler on Launching the ‘Great American Elderverse’ at CES 2024

by | Jan 12, 2024
This week at CES 2024 in Las Vegas, Dallas-based Mynd Immersive launched the "Great American Elderverse," a virtual destination filled “with love, care, and compassion for older adults,” with exercises and experiences to promote mental, physical, emotional, and cognitive health.
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Omni Hotels & Resorts Appoints Chief Commercial Officer
by | Jan 12, 2024

Industry veteran Jeff Doane has been appointed chief commercial officer of Dallas-based Omni Hotels & Resorts, bringing 20 years of hospitality experience to his new post....

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Dallas-Based Global Data Center Operator and Developer CyrusOne Announces 2 Executive Moves
by | Jan 12, 2024

Dallas-based global data center developer and operator CyrusOne announced a couple of executive moves for the company that specializes in delivering state-of-the-art digital infrastructure solutions.

Owen Morris was announced as its new chief financial officer, effective March 11....

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All Charged Up: LG Opens Its First U.S. EV Charger Factory in Fort Worth
by | Jan 12, 2024
LG's 100,000-SF Fort Worth plant will begin assembling Level 2 EV chargers this month, with Level 3 chargers following this spring and ultra-fast chargers rolling out later this year. Fort Worth Chamber CEO Steve Montgomery called the opening "a prime example of our city’s commitment to innovation and cutting-edge technology."
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Lincoln Property Company Unveils the First Rebrand in Its 60-Year History

by | Jan 11, 2024
Nearly a year after selling its Residential Division to Toronto-based Cadillac Fairview, Lincoln has unveiled new branding that reflects its commitment "to providing a forward-looking, personalized and solutions-oriented client experience that meets the demands of today’s ever-changing commercial real estate market."
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After 2023 HQ Move to Dallas, Landsea Homes to Acquire Arlington’s Antares Homes in $232M Deal
by | Jan 11, 2024
The acquisition expands Landsea Homes's DFW presence, following the company's move to Dallas from Newport Beach, California last year. Landsea said the acquisition includes repayment of an anticipated $47.2 million of Antares Homes debt.
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Dallas’ Crossplane Capital Acquires Ohio Steel Products Company
by | Jan 11, 2024
Founded in 1925 and based in Youngstown, Ohio, Hynes Industries is a manufacturer of precision-engineered roll-formed metal parts and assemblies for diverse end markets including automated material handling, truck trailers, solar, and general industrial.
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Dallas-Based Venture Capital Firm Growing With Third Fund

In 2023, founders searching for venture capital found fewer investors and less money. Pitchbook reports that the number of U.S. deals in the first three quarters of 2023 was just slightly higher than the number made during the same period in 2018.  ...

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DHA Awarded $5M in HUD Mobility Grant to Help Families Move to High-Opportunity Areas

by | Jan 10, 2024
"Access to high-opportunity areas is critical to the success of our families, allowing everyone the chance to thrive,” said Troy Broussard, President and CEO of DHA, Housing Solutions for North Texas.
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The Last Word: Billionaire Richard Branson Speaking in Dallas on Starting Your Own Business
by | Jan 10, 2024
He's been flown into space on his own Virgin Galactic space plane. He's crossed the Atlantic and Pacific in a hot air balloon, and set a speed record for crossing the Atlantic in a powerboat. But billionaire Richard Branson's biggest daredevil acts have arguably been founding businesses—from Virgin Records to Virgin Atlantic to Virgin Mobile to Virgin Hotels and many, many more.
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Picture Perfect: JCPenney Snaps Up Opportunities for Job Seekers With Free Headshot Program
by | Jan 10, 2024

Professional headshots can be a key ingredient for job seekers, particularly those trying to find remote jobs, joining the workforce for the first time, or overcoming resume gaps....

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Patented: UNT, InspectIR Systems’ Portable Breath Analysis System and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros for the week of Dec. 12, 2023. Patents granted include: Rochal Technologies' composition and kits for inhibition of pathogenic microbial infection, Alcon's pad transfer printing method for making colored contact lenses, Pratt Corrugated Holdings' tamper-evident box, BMIC's water-resistant acrylic coatings, AT&T's auto machine learning via optimal hybrid AI formulation from crowd, Capital One Services' pattern-level sentiment prediction, Toyota Motor North America's accessible ride hailing and transit platform, Kyndryl's artificial intelligence system for tasks, and more.
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