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Business
Aerial Downtown Fort Worth Texas [Photo: Barbara Smyers/Shutterstock]
Fort Worth City Council Will Vote on $21.4 Million Tourism Contract to Boost Sporting Events and Film Production
by Lance Murray | Apr 10, 2023
The city said the five-year contract renews support for Visit Fort Worth’s mission to raise awareness via marketing and media exposure, and deliver economic impact by securing sports events and conventions. The Fort Worth City Council is scheduled to vote on the contract at its April 25 meeting.
by Lance Murray |
Apr 10, 2023
The DMA said a refreshed and expanded campus will enable it to better serve the diverse city of Dallas and will create additional gallery space to accommodate an expanding collection and strengthen the museum's work with its communities.
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DMN: Lockheed Martin’s Grand Prairie-Based Missiles Division Boosts Production Due to War in Ukraine
by Dallas Innovates | Staff Report |
Apr 10, 2023
Many have credited Lockheed Martin's HIMARS rocket launch system with helping Ukraine turn the tide in its war with Russia. Now, as Ukraine prepares for what could be an historic spring counter-offensive, the company's Grand Prairie-based Missiles and Fire Control division is ramping up production from 48 units a year toward an expected 96, according to the Dallas Morning News.
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by David Seeley |
Apr 10, 2023
Just weeks after the founder of Plano-based Cinemark Holdings was succeeded on its board by his son after 40 years at the company, Cinemark had an historic weekend that may put its pandemic woes in the rearview mirror. And a guy named Mario had a big, white-gloved hand in the achievement.
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Miguel "Mick" Lopez [Source Photo: Ribbon Communications; DI}
Plano Telecom Tech Giant Secures $53.4 Million in Private Placement Financing to Reduce Debt and Drive Growth
by Dallas Innovates | Staff Report | Apr 7, 2023
Ribbon Communications CFO Mick Lopez cites favorable interest rate outlook for the timing of the private placement financing and fixed-rate swap to reduce debt.
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by Lance Murray |
Apr 7, 2023
Industrial opportunities are seeing growing demand. By launching the StoneTree Council, Dallas-based StoneTree Investment Partners is positioning itself to take advantage of this growing market trend and to deliver results for their investors, the firm said.
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by Lance Murray |
Apr 7, 2023
AllerVie Health, a Dallas-based provider of allergy and immunology services in the United States, announced several key management hires and corporate promotions as part of its goal to optimize operations, build out and diversify clinical service offerings, and drive organic growth across the organization....
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by Lance Murray |
Apr 7, 2023
Daniel P. Donlan has been appointed as chief financial officer and treasurer of real estate investment trust NETSTREIT Corp., effective April 10.
Donlan will be based at the company’s headquarters in Dallas.
CEO Mark Manheimer said Donlan’s “extensive capital markets, investor relations, and net lease industry experience will be invaluable” as the company continues to “opportunistically raise growth capital and source high-quality investments to produce strong risk-adjusted returns,” In a statement, the CEO also expressed his appreciation towards Lori Wittman for taking on the role of interim Chief Financial Officer during the search....
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NEC Corporation of America has named Chris Jackson President and CEO. [Photo: NEC Corporation of America]
NEC Corp. of America Names New President/CEO; Aligns with NEC Europe
by Lance Murray | Apr 6, 2023
NEC Corp. of America announced Chris Jackson as the new president and CEO of the Irving-based provider and integrator of advanced IT, communications, networking, and biometric solutions.
Previously, Jackson was president and CEO of NEC Europe, a role he will continue to hold. Jackson also will be named senior vice president for Japan-based NEC Corp....
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by Lance Murray |
Apr 6, 2023
Tricolor, the largest used vehicle retailer to the Hispanic market in the US, has secured a new patent for its innovative AI tool called Automás. The tool lets customers self-select and finance vehicles, generating offers for different models and financing terms with machine learning. A unique feature of Automás is that it empowers customers to customize their own financing terms within the parameters of the system-generated offer.
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![[Photo: MTU Aero Engines]](https://s24806.pcdn.co/wp-content/uploads/2023/04/MTU-Aero-Engines--360x203.jpg)
by Lance Murray |
Apr 6, 2023
MTU Maintenance Dallas, a vital player in the network of German aircraft engine giant MTU Aero Engines, is spreading its wings with a new facility at Perot Field Fort Worth Alliance Airport. Boasting a floor space ten times larger than its current location, the move provides MTU Aero Engines with the necessary capacity to conduct on-site engine tests for the very first time.
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by Lance Murray |
Apr 6, 2023
Kansas-based CrossFirst Bank is entering the Fort Worth market and has named veteran Fort Worth banker Cody Kiser as market president.
CrossFirst Bank is a subsidiary of CrossFirst Bankshares Inc....
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USA Olympic gold medalist Jessica Hardy Meichtry, category manager for BSN Sports Swimming, is just one of several former women athletes who've found success as business executives at BSN. [Photo: BSN Sports]
From Athletes to Execs: How Dallas’ BSN Sports Is Turning Top Female Players Into Business Leaders
by Quincy Preston and David Seeley | Apr 6, 2023
With $1.5 billion in 2022 revenue, BSN Sports is a national leader in the direct marketing and distributing of sporting goods to schools and leagues. A key factor in that success? Giving former top women athletes the opportunity to go for the gold as BSN business executives.
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by Glenn Hunter |
Apr 6, 2023
First fund from Wendi McGowan-Ellis’s Cassandra Capital also intends to invest in women-owned VC firms.
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by Lance Murray |
Apr 5, 2023
Dallas-based Brierley+Partners has been acquired by Capillary Technologies, a global customer loyalty and customer engagement SaaS platform based in India.
Brierley+Partners is a globally recognized leader in loyalty technology, strategy, and execution....
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by Lance Murray |
Apr 5, 2023
DataBank, a Dallas-based provider of enterprise-class edge colocation, interconnection, and managed cloud services, has secured another $325 million in financing to fund the ongoing expansion of its edge data center footprint....
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