Business

 

 

DataBank Completes Data Center Expansions in Dallas, 5 Other Cities

by | Aug 18, 2023
Combined, DataBank said the 7 expanded colocation facilities—which serve as "major interconnect hubs"—have added 15-plus megawatts of power and 114,000 raised square feet of floor space during the past 12 months to their existing capacities.
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Fort Worth’s National Presort Acquired by Illinois Packaging Company
by | Aug 17, 2023
Founded in 1977, NPI has served e-commerce, courier, parcel post, warehouse and fulfillment operations with high-speed sortation systems for more than 45 years. "NPI has established itself as an innovative leader in material handling automation," said Illinois-based Duravant's Raman Joshi.
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The Last Word: Albers Aerospace On Starting a Business with Vision and a ‘Get-Stuff-Done Mentality’
by | Aug 17, 2023
That vision and "get-stuff-done" mindset has fueled McKinney-based Albers Aerospace's growth and innovation for nearly a decade. Founded in 2014 by retired Marine John Albers, the family of defense and space manufacturing companies operates to deliver “top products while improving employees' lives.”
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Restaurant Brand Fogo de Chão to be Acquired by Bain Capital Private Equity
by | Aug 17, 2023

Plano-based Fogo de Chão announced it will be acquired by Bain Capital Private Equity to accelerate its growth and expansion, the internationally renowned restaurant brand from Brazil announced....

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HF Sinclair, Holly Energy Partners Announce $1.44B Merger Agreement

by | Aug 17, 2023

Dallas-based energy companies HF Sinclair Corp. and Holly Energy Partners LP have agreed to merge in a what Reuters said is a $1.44 billion deal that will simplify corporate structure, reduce costs, and further support the integration and optimization of the HF Sinclair portfolio.

“We are pleased to announce this strategic transaction which we believe simplifies our corporate structure, reduces costs and further supports the integration and optimization of our portfolio,” HF Sinclair’s Chief Executive Officer and President Tim Go said in a statement....

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Jim Lake On Building the Future While Preserving the Past
Jim Lake Companies has carved out a niche in Dallas for redevelopment — not simply knocking down the old to make way for the new, but blending the best of both, to give long-neglected areas a new lease on life. You can find the company's fingerprints in Cedar Hill, Waxahachie, Bishop Arts, and as of this month, Jefferson Boulevard in Oak Cliff.

Here, Lake and one of his Jefferson Tower tenants talk about the impact of investment dollars.
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The Future of AI: Capital Factory Convenes North Texas Leaders to Explore What’s Next in Artificial Intelligence
by | Aug 17, 2023
At the Bush Center in Dallas on September 5, Capital Factory will host top tech minds to talk AI and AGI. Tech icon John Carmack will take the stage in a rare fireside chat on artificial general intelligence with AI expert Dave Copps.

Here's what you need to know, along with advance insights from Copps.
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The Last Word: UTA’s Meghna Tare On How to Solve Big Problems, Like Turning DFW Airport Into a Zero-Waste Zone
by | Aug 16, 2023
So how do you start in approaching big problems? Tare says it's all about the basics: "You start from the very basics and think about data collection. What you measure now, you need to measure again in the future to see if there’s a trend line."
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PMY Group Invests in WJHW Expansion to Extend Tech Design Firm’s Global Reach

by | Aug 16, 2023
North Texas-based WJHW has spearheaded high-profile tech system projects at venues such as SoFi Stadium, UBS Arena, Globe Life Field, and Dickie's Arena. To lead its global push, PMY Group has promoted WJHW veterans Kym Shilton to Senior Vice President of International and Charles Adkinson to Senior Vice President of Sports Development.

As part of PMY's strategy, the company said it plans to relocate its global headquarters from Melbourne to the United States.
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Dallas Dominates: 482 Texas Companies on Inc. 5000 2023, DFW Takes Prime Spots
by | Aug 15, 2023
Texas boasts two of the Top 5 on the Inc. 5000, including Coppell's Green Light Distribution. The Dallas region, with 216 standout companies, dominates in total revenue, jobs added, startup companies, and repeat honorees. See who made the list.
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The Last Word: Farmers Branch Mayor on Why His City Moved to a 4-Day Work Week
by | Aug 15, 2023
Farmers Branch has officially launched a four-day work for city employees. The move followed earlier approval by the city council, and a few months of schedule-testing by various city departments.
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AMLI Deploys ‘ArborLift’ Tech To Move 4 Heritage Live Oaks for Addison Treehouse Project
by | Aug 15, 2023
Some companies will move mountains to get a project going. AMLI Residential is moving something else—four heritage live oak trees—to make way for a multifamily and retail development that's all about trees itself. AMLI hired Houston-based Environmental Design to deploy its innovative ArborLift tech—featuring inflated, sausage-like rolling bladders.
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Dallas Skincare Trailblazer, BeautyBio, Acquired by Nu Skin Subsidiary

by | Aug 14, 2023
BeautyBio, known for merging skincare with unique beauty tools, transformed the at-home beauty scene and grew a devoted following. Now the "Truth in Beauty" brand, founded by model and entrepreneur Jamie O'Banion in 2011, is starting a new chapter.
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CloudMellow Acquires Chicago-Based Digital Marketing Agency
by | Aug 14, 2023
Plano-based CloudMellow said the acquisition will further strengthen its portfolio of award-winning digital agencies by tapping Idea Marketing Group's design, marketing, UI/UX, and software development capabilities.
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Tango CEO on How His Firm’s WatchWire Acquisition Creates a Real Estate Management Powerhouse
by | Aug 14, 2023
North Texas-based Tango—a Berkshire portfolio company—says the acquisition expands the global footprint of its own next-gen real estate management platform. And by leveraging WatchWire's proprietary data ingestion engine, the merged entity brings Tango squarely into the sustainability and energy management space. The result? "Bridging the gap" between landlords and tenants, says Tango founder and CEO Pranav Tyagi.
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Junchuang North America Inc. expansion
China’s Junchuang Opens EV Parts Plant, R&D Hub in Fort Worth
by | Aug 14, 2023
JCNA's model plant in Fort Worth will be its cornerstone North American R&D hub, driving innovations for the EV market and creating over 120 jobs by 2025.
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