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Business
Mustang Plaza at Williams Square in Irving. [File photo]
Alkegen Agrees to Sell Thermal Acoustic Solutions Unit to Regent LP
by Lance Murray | Feb 14, 2023
Alkegen moved its corporate headquarters from New York to Dallas as it rebranded in January 2022. Its latest deal aligns with the company's long-term strategy to advance its growing portfolio of innovative technologies dedicated to sustainability and human health.
by Glenn Hunter |
Feb 14, 2023
The Dallas company just snagged a $3 million investment from Cypress Growth Capital, positioning the 5-year-old ‘client services automation’ platform for IT Managed Service Providers to ramp up its global sales and marketing efforts.
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by Dallas Innovates | Staff Report |
Feb 14, 2023
Air Transport World announced today that American Airlines has been named the 2023 Eco-Airline of the Year.
ATW lauded American’s work to run a more fuel-efficient operation with more fuel-efficient aircraft powered increasingly by low-carbon fuel and new technology.
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by David Seeley |
Feb 14, 2023
A major redevelopment is underway in Garland's Medical District for Veteran Affairs—also known as Valoris Health Park—located adjacent to the Garland VA Medical Center. The renovations aim to fulfill the city’s plans for "a full-service medical district for its veterans and citizens."
On Tuesday, February 28, from 3 to 5 p.m., the city will hold a mural reveal celebration and ribbon cutting to mark progress on one of the buildings in the Valoris Health Park. The 3,600-square-foot mural at 601 Clara Barton Blvd. is by Dallas artist and musician Haylee Ryan.
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Nine business owners have been selected to receive funding as the first monthly cohort of the HSC SBIR Phase 0 Program. [Image: UNTHSC]
The Last Word: Dr. Adrian Denvir on Selecting Nine Startups for the HSC Next SBIR Phase 0 Program
by Lance Murray | Feb 13, 2023
The program is designed to help the owners of forward-thinking small businesses in Tarrant County. Through the program, they can apply for federal funds via mechanisms known as the Small Business Innovation Research and Small Business Technology Transfer programs, collectively known as America’s Seed Fund.
Meet the startups selected for the first monthly cohort—and learn how other companies can apply for the program each month through November 2024.
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by Quincy Preston and David Seeley |
Feb 13, 2023
SunOpta opened a new $125 million high-tech plant in North Texas, creating 175 new jobs to manufacture its suite of plant-based milks and creamers, tea, and other products. The company aims to double its plant-based business by 2025.
At full expansion, the facility will become SunOpta's largest plant for plant-based food and beverages.
At full expansion, the facility will become SunOpta's largest plant for plant-based food and beverages.
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by Lance Murray |
Feb 13, 2023
Las Colinas-headquartered Voz Media has bought the Mega TV business from Miami-based Spanish Broadcasting System Inc. for $64 million.
Voz Media, a conservative Spanish-language news startup, was founded in 2022 to serve the “growing and increasingly influential Hispanic community” in the United States....
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by Dallas Innovates | Staff Report |
Feb 13, 2023
The downtown Dallas skyline and Klyde Warren Park offer striking views. And a new 30-story high-rise planned by Dallas-based developer KDC is set to take stunning advantage of them.
KDC's $200 million Parkside Uptown is slated for a mid-year groundbreaking, according to state filings cited by the Dallas Morning News. To be located at the corner of N. Harwood Street and Woodall Rodgers Freeway across from the park, the podium-style building is designed to be "an exceedingly modern workplace," with ground-floor retail and restaurants. It could eventually be joined by a phase two building next door with similarly striking architecture.
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[Image: Dai Yim/Shutterstock]
From IPOs to M&As: A Year of Notable Exits in North Texas
by Lance Murray | Feb 13, 2023
North Texas had its share of big exits in 2022 with UPS acquiring Delivery Solutions, Netflix buying Boss Fight Entertainment, Monster acquiring Deep Ellum Brewing Company, and CVS Health winning the bidding war to acquire Signify Health.
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by Lance Murray |
Feb 10, 2023
The nation’s highest honor for technological achievement will be bestowed by President Biden, the USPTO said. The medal is awarded to individuals, teams, and companies for outstanding contributions to the nation’s economic, environmental, and social well-being—through tech products, tech innovation, and strengthening America's tech workforce.
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by Lance Murray |
Feb 10, 2023
The Dallas-based PE firm—whose Fund II portfolio includes North Texas pet food company Muenster Milling and Dallas' BeautyBio—says its newest fund is the largest investment vehicle in Kainos' history.
“Our bench of seasoned investors and operators within the food and consumer sectors helps drive financial and operational performance by working hand-in-glove with management teams,” added Andrew Rosen, managing partner of Kainos.
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by Dallas Innovates | Staff Report |
Feb 10, 2023
Hong Kong-based Rosewood Hotels & Resorts—former owner of the iconic Rosewood Mansion on Turtle Creek—plans to build a 17-story standalone residential development as a nearby neighbor: Rosewood Residences Turtle Creek.
The new 17-story tower, which Rosewood says "combines Beaux-arts inspired elegance with a wealth of outstanding amenities," will feature around 46 residences. It's being developed by One Turtle Creek, a partnership of USA Infrastructure Investments and SVAG, and is scheduled for completion in early 2025.
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The DEC Network's 2022 Fiduciary Board and guests at a November meeting hosted at Accenture. [Photo: The DEC Network]
The DEC Network Adds Seven New Members To Its Board, Announces Awards
by Lance Murray | Feb 10, 2023
Seven new members of the Dallas Entrepreneur Center’s fiduciary board were announced by The DEC Network Board Chair Tim Hill.
The nonprofit said that the new members bring a wealth of experience and knowledge in various industries and will be instrumental in helping it achieve its mission of helping entrepreneurs start, build, and grow their businesses....
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by Lance Murray |
Feb 10, 2023
Susan Faust has been appointed to the newly created role of chief strategy officer by Frisco-based Soleo Health, a national provider of complex specialty pharmacy services.
In her new role, Faust will guide Soleo Health’s strategic initiatives, expanding its position with pharmaceutical manufacturers, payors, health systems, and providers, Soleo said.
“We created the chief strategy officer position because we believe our recent growth warranted the development and implementation of cohesive, dedicated strategic initiatives to take our company to the next level,” Drew Walk, Soleo Health chief executive officer, said in a statement....
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by Lance Murray |
Feb 10, 2023
Darian Reams has joined the Dallas office of Adolfson & Peterson Construction, a national, family-owned construction management and contracting company, as its new director of mission-critical services....
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by Lance Murray |
Feb 10, 2023
Gary Gunter has been hired by Suffolk, a real estate and construction enterprise that’s been lauded for its tech adoption, as vice president of preconstruction for the South Central Region, which includes Dallas-Fort Worth....
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