Business

 

 

How Jeff Farris is Guiding Growth at CloudRadial, a ‘First Mover’ Startup

by | 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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The Last Word: American Airlines’ Robert Isom on Winning the Eco-Airline of the Year Award
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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City of Garland to Celebrate New Mural and Major Renovations at Valoris Health Park
by | 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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Bridge Labs Expansion Coming to Pegagus Park in 2024
by | Feb 13, 2023
The new two-story lab and office building will offer "the first institutional-quality space" in the DFW market, according to marketing materials.
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Plant-Based Milk Maker SunOpta Opens New $125M High Tech ‘Mega’ Plant in Midlothian

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.
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Irving’s Voz Media Acquires Mega TV from Spanish Broadcasting System for $64M
by | 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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$200M Tower Overlooking Klyde Warren Park Slated for Mid-Year Groundbreaking
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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Against All Odds: 13 Months of Standout Funding Deals in North Texas
by | Feb 13, 2023
Check out these 31 deals—and North Texas newest unicorns. Last month, two of the three newly minted unicorns in the U.S. were from Dallas.
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USPTO Seeks Nominations for National Medal of Technology & Innovation

by | 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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Kainos Capital Closes its Partners III Fund with $1B in Commitments
by | 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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First Look: Rosewood Plans New 17-Story Turtle Creek Luxury Tower in Dallas
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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Catalyze Dallas Adds Renowned Attorney To Its Board of Advisors
by | Feb 10, 2023

Nationally recognized corporate and securities law attorney Linda Hart has been appointed to the Catalyze Dallas board of advisors.

Hart is vice chairman, president, and CEO of the Hart Group Inc.

Catalyze Dallas is a venture development firm specializing in the capitalization and commercialization of promising innovations sourced from some of the world’s most respected defense and industrial companies....

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Soleo Health Taps Company Veteran for New Chief Strategy Officer Post

by | 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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Adolfson & Peterson Adds Director of Mission Critical Services in Dallas Office
by | 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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Real Estate, Construction Firm Suffolk Hires Industry Veteran as VP of Preconstruction
by | 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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Dallas Regional Chamber Announces 2023 Board Chair Rafael Lizardi, Chair-Elect Nancy Avila
by | Feb 10, 2023

Rafael Lizardi, senior vice president and chief financial officer for Texas Instruments has begun his one-year term as 2023 board chair of the Dallas Regional Chamber

His term was announced in January at the DRC’s 2023 Annual Meeting at the AT&T Performing Arts Center Margot and Bill Winspear Opera House....

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