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Business
Cassandra McKinney is executive director of Comerica's Retail Bank. [Photo: Comerica]
Comerica Bank Launches SmallBizCo-Op to Support Small Businesses
by Lance Murray | Jan 27, 2023
The banking giant said that via its new SmallBizCo-Op concept, Comerica will share its assets and resources with small business customers in the region to help them achieve their goals—and get the perks usually reserved for big businesses.
"These opportunities are designed to deliver real value to our customers"—enabling them to "help strengthen their own customer relationships," said Cassandra McKinney, executive director of Comerica's Retail Bank.
by David Seeley |
Jan 27, 2023
Commercial real estate investors nationwide ranked Dallas-Fort Worth as the #1 market for investment among the top 10 U.S. metros, according to a 2023 U.S. Investor Intentions Survey conducted by Dallas-based CBRE.
According to the survey, more investors are looking beyond gateway markets and prioritizing high-performing secondary markets in 2023. Dallas-Fort Worth ranked No. 1 among the most preferred U.S. markets for investment, and No. 1 among the top 10 markets expected to outperform.
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by Lance Murray |
Jan 27, 2023
Dallas-based Santander Consumer USA Inc. announced that Betty Jotanovic will be president of Chrysler Capital and Auto Relationships where she will be responsible for all aspects of Santander Consumer’s Chrysler Capital and Auto Relationships.
Jotanovic will report to Bruce Jackson who recently was named head of the Santander US Auto business and CEO of Santander Consumer....
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by Dallas Innovates | Staff Report |
Jan 26, 2023
Japan-based cybersecurity provider Trend Micro has its U.S. headquarters is in Irving. One way the company fights overall cyber threats: the Trend Micro Zero Day Initiative's Pwn2Own bug bounty competition, which for 17 years has rewarded security researchers for privately disclosing vulnerabilities. Today, recognizing the growing threat to the world's connected vehicle ecosystem, Trend Micro announced a standalone competition—Pwn2Own Automotive—to take place in January 2024 at Automotive World Tokyo.
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The Marketing Arm Agency Makes CEO, Executive Chairman Moves
by Lance Murray | Jan 26, 2023
Dallas-based agency The Marketing Arm has promoted President Trina Roffino to chief executive officer and elevated previous CEO Andrew Robinson to the new role of executive chairman.
TMA is an agency specializing in creating “cultural resonance for brands,” and is part of the Omnicom Advertising Collective, a division of Omnicom Group Inc.,...
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by David Seeley |
Jan 26, 2023
The newest collection from Twisted X, a handcrafted footwear brand known for its comfort tech and sustainability mindset, includes four unique styles designed by patients at the medical center, with the help of designer Tuan Lee. The company, which started in 2005 with roots in philanthropy, will donate 100% of wholesale proceeds from every pair of shoes sold from the collection directly to Cook Children’s.
"We know that little steps can make a big impact and our hope is to raise awareness within the Western industry for the amazing care provided at Cook Children's in order to give back to those who need it most," said Twisted X CEO Prasad Reddy.
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by Lance Murray |
Jan 26, 2023
Dallas-based private real estate investment and development firm RREAF Holdings announced a number of promotions and hires across the company as it continues to expand across its six platforms to meet unprecedented growth.
Graham Sowden, former director of acquisitions, has been promoted to chief investment officer. Tony Perez, previously director of asset management, has been promoted to vice president of asset management....
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by Lance Murray |
Jan 26, 2023
Dallas-based Jacobs announced that Claudia Jaramillo will become executive vice president and chief financial officer, effective Aug. 14. Jacobs is one of the largest professional companies in the world.
She currently is executive vice president, strategy and corporate development, and she will succeed Kevin Berryman, who will then serve as special advisor to Jacobs Chief Executive Officer Bob Pragada, who assumed that role earlier this month succeeding Steve Demetriou....
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[Photos: Schumacher]
Schumacher Electric Partners with GreenMarbles on EV Charger Products
by Lance Murray | Jan 26, 2023
GreenMarbles will be a wholesale distributor and will supply Fort Worth-based Schumacher's EV Series chargers to builders, solar, and utility companies and also serve as its premier installation partner for residential and commercial needs. Schumacher said the partnership comes on the heels of the recent launch of its new EV Level 2 Charger.
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by Dallas Innovates | Staff Report |
Jan 26, 2023
Labor shortages continue to hit many industries, including construction. To help address that, Plano-based Hilti North America has released a new camera-based "single operator" digital layout tool designed to save time and make jobsite layout crews more productive. The tech behind the new Hilti 400 brings improved accuracy, faster layout speed, advanced prism tracking, and auto calibration, the company says—all while requiring "minimal training to use."
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by Lance Murray |
Jan 25, 2023
DataBank, the Dallas-based provider of enterprise-class colocation, interconnection, and managed services, appointed Jennifer Curry senior vice president of managed services.
“At DataBank, we recognize that data centers are the center of the connected world,” DataBank CEO Raul Martynek said in a statement....
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by Dallas Innovates | Staff Report |
Jan 25, 2023
Back in May, Phoenix-based gym chain EoS Fitness announced it was moving its HQ to Dallas as part of its expansion plans into Texas. Today it announced the opening of its first gym in Texas at 2401 Rio Grande Blvd. in Euless. With more than 100 locations open or in development nationwide, the chain plans to open additional locations in Fort Worth and DeSoto later this year, and several in Houston in February.
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Cookies-n-Milk offers cookies, brownies, cookie dough bites, and more. [Photo: Cookies-n-Milk]
Ohio Company Acquires McKinney-based Bakery, Dessert Maker Cookies-n-Milk
by Lance Murray | Jan 25, 2023
McKinney-based bakery and dessert manufacturer Cookies-n-Milk has been acquired by Ohio-based JTM Foods, a portfolio company of Tenex Capital Management, a New York City-based investment firm.
Dallas-based Pinecrest Capital Partners served as exclusive adviser to Cookies-n-Milk in the deal. No financial terms of the deal were released.
Founded in 1993 by Mike and Cindy Blasko, Cookies-n-Milk historically has produced fully baked cookies, brownies, blondies, and doughnut holes, and recently has become a leader in the edible cookie dough category....
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by Lance Murray |
Jan 25, 2023
The new TXU Energy Connected Conservation program enables anyone with an eligible thermostat to take a more significant role in energy conservation. By agreeing to small, gradual, automatic temperature adjustments during peak consumption periods, customers will help conserve energy across Texas—using less and saving more.
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by Lance Murray |
Jan 25, 2023
Dallas-based Comerica Inc.is promoting three executives to newly established positions, effective Jan. 27.
Peter Sefzik, executive vice president, executive director of Commercial Bank, will assume the role of senior executive vice president and chief banking officer. Megan Crespi, EVP, chief enterprise technology and operations services officer, will become senior EVP, chief operating officer....
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by Lance Murray |
Jan 25, 2023
RJW Logistics Group Inc., a leading provider of retail logistics solutions for consumer-packaged goods, is leasing 600,000 square feet at Mesquite's new Alcott Logistics Station and expects to bring over 200 jobs to the region.
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