Business

 

 

Stealth Monitoring Supercharges AI Capabilities with Acquisition of Caliber Communications

by | Apr 28, 2023

Addison-based Stealth Monitoring has acquired Caliber Communications and Syncro Monitoring (collectively called Caliber), further expanding its capabilities as a leader in technology-driven commercial video surveillance.

Stealth and Caliber, based in Stoney Creek, Ontario, are both leading video surveillance businesses focused on designing, installing, and providing proactive remote video monitoring solutions and related services to commercial, construction, financial, industrial, real estate, retail, transportation, and logistics, and utility businesses throughout the United States and Canada....

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George W. Bush Presidential Museum Appoints New Director, Celebrates Bush Center 10th Anniversary
by | Apr 28, 2023

Teresa Lenling has been named as director of the George W. Bush Presidential Museum, a role in which she will drive all facets of the Bush Museum’s programs and lines of business, the George W....

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Comerica Bank Announces New $3M CoWorkSpaces Program for Its Small Business Customers
by | Apr 28, 2023
In the coming weeks, Comerica Bank will open its new $5 million BusinessHQ small business collaborative space (above) at its bank location on East R.L. Thornton Freeway in Dallas. But wait—there's more. Today Comerica announced that it is repurposing idle real estate at other banking centers throughout North Texas to create Comerica CoWorkSpaces, a new concept backed by a $3 million investment. The new concept will offer complimentary office space exclusively to the bank's small business customers.
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Colorful 1950s Office Tower Slated To Be Downtown Dallas’ Next Residential Conversion
by | Apr 28, 2023
In 2004, then-Dallas Mayor Laura Miller called 211 North Ervay an "eyesore," and a city plan called for it to be demolished to make way for a park. But others prized the colorfully quirky 1958 tower for its historic and architectural value. Well, the prizers and preservationists won because it's still standing there. And now—after being acquired by Plano-based Wolfe Investments—it's slated to get a whole new life as a multifamily residential building.
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Pioneer Natural Resources Names New Chief Executive to Succeed Retiring CEO

by | Apr 27, 2023
Currently Pioneer's president and COO, Richard D. "Rich" Dealy brings more than 30 years of industry experience in roles spanning nearly all operations and business functions at Pioneer and its predecessor company. He will replace the retiring Scott Sheffield. The news comes amid reports that Exxon Mobil Corp. has held preliminary talks with Pioneer about a possible acquisition of the company.
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2 Arizona CRE Companies Open $17M HQ in the Dallas Design District
by | Apr 27, 2023
Since 2020, Creation and LGE Design Build have charted aggressive growth in Texas. The two Arizona companies currently have more than $280 million in shared commercial real estate projects under construction totaling 1,854,718 square feet in Dallas-Fort Worth and Houston, and another $503 million is in the pipeline across the state—with more to come.
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Texas Named ‘Best State for Business’ for Record-Breaking 19th Year in a Row
by | Apr 27, 2023
The streak continues. Texas has been named the Best State for Business by the country's top CEOs in an annual survey conducted by Chief Executive Magazine for a record-breaking 19th year in a row, Governor Greg Abbott announced.
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SBA Dallas/Fort Worth District Office Honors Small Business Champions at 2023 National Small Business Week Awards Celebration
by | Apr 27, 2023
More than half of Americans either own or work for a small business, and they create roughly two out of every three new jobs in the U.S. each year. National Small Business Week 2023 is April 30 to May 6.
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Dallas-Based Pacific Elm Properties Buys St. Paul Place Office Tower in Downtown Arts District

by | Apr 26, 2023
Jonas Woods' Pacific Elm Properties said it has bought the 22-story St. Paul Place office tower at Ross and St. Paul in the Dallas Arts District. The purchase was financed with a $66.7 million loan from MetLife Commercial Mortgage.
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U.S. Energy Development Corp. Expands Footprint in Permian Basin With $225M Investment
by | Apr 26, 2023
U.S. Energy Development Corp. is expanding its footprint in the Permian basin, building on its existing investments of over $400 million in the region over the past year. According to CEO Jordan Jayson, many operators in the Permian region are turning to innovation and advanced tech to tap into the remaining potential of the area, improve efficiency and safety, and maintain high levels of output.
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TPG Raises $3.4B for Second Fund Aimed at Capital Solutions in Tech Industry
by | Apr 26, 2023

Global alternative asset management firm TPG has closed TPG Tech Adjacencies II, the firm’s second fund for its strategy dedicated to providing flexible capital solutions to the technology industry....

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Evernest Expands into Texas Real Estate Market with Acquisition of Fort Worth Property Management Company
by | Apr 26, 2023
"It’s no secret that real estate is booming in Texas," says Evernest founder and CEO Matthew Whitaker. The acquisition marks Evernest's entry into the Texas real estate market and its 18th acquisition in the past year.
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Norway’s Visitech Expands Capacity with New Allen Factory Supporting 3D Printing Market Growth

by | Apr 25, 2023
Norway-based Visitech AS has established an Americas office in Allen after acquiring DLP design house Keynote Photonics in the city. Now the company aims to build a factory in Allen that will be able to produce its full line of projectors and subsystems for state-of-the-art 3D printing and direct imaging applications in 2024.
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First Look: Extenet Opens Its New Frisco HQ for Wireless and Fiber Infrastructure Solutions
by | Apr 25, 2023
Last August we told you Extenet was moving its HQ from suburban Chicago to a high-tech future in Frisco. Thursday it cut the ribbon on its new home—and here's what it looks like inside.
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CompTIA Tech Workforce Report Lauds DFW, Texas as National Leaders
by | Apr 25, 2023

More tech jobs were added in Texas in 2022 than any other state, and Dallas-Fort Worth continues to be a major driving force in tech, according to a new report released by CompTIA, the nonprofit association for the information technology (IT) industry and workforce....

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Report: General Dynamics Selects Mesquite Industrial Park for New Artillery Casings Plant
by | Apr 25, 2023
Ukraine is firing up to 7,000 rounds of artillery daily in its war with Russia. The U.S. and Ukraine's other allies are at pains to keep up with the demand, as they see their own stockpiles dwindling. Weapons like BAE System's M777 Ultra Lightweight Howitzer (above) are powerless without artillery rounds. Now General Dynamics aims to help shore up the U.S. Defense Department's supply—by opening a new artillery casings plant in a Mesquite industrial park, according to the Dallas Morning News.
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