Business

 

 

Ohio Company Acquires McKinney-based Bakery, Dessert Maker Cookies-n-Milk

by | 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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The Last Word: Vistra’s Sam Sen on the TXU Energy Connected Conservation Program
by | 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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Comerica Inc. Promotes Three Executives to Newly Established Positions
by | 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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Illinois Retail Logistics Company Expands Operations to North Texas
by | 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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Solera Integrates AutoPoint Journey and Lojack, Boosting Auto Dealer Capabilities
by | Jan 24, 2023

Westlake-based Solera, a global leader in vehicle lifecycle management, said it has completed an integration between two industry-leading vehicle solutions, AutoPoint Journey and LoJack, to create new capabilities that help auto dealers better reach customers....

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Charles Schwab Corp. Acquires The Family Wealth Alliance
by | Jan 24, 2023
Westlake-based Schwab said that Schwab Advisor Services and The Family Wealth Alliance will deliver the collective capabilities of industrywide relationships, thought leadership resources, and connections—along with technology—to drive growth and success for professionals and organizations focused on ultra-high net worth clients.
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New CEO Takes Command at Dallas-based Jacobs
by | Jan 24, 2023

Bob Pragada took the reins of leadership Tuesday as CEO of Dallas-based Jacobs, one of the largest professional services companies in the world. 

Following its leadership succession plan announced in September, Pragada also is expected to join the company’s board of directors upon certification of the results of its annual meeting....

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DMN: New Retail Buildings Coming to Dallas’ Henderson Avenue East of the Knox Street District

According to the Dallas Morning News' Steve Brown, New York-based Acadia Realty Trust—which became the largest owner on Henderson in 2022 when it acquired several retail buildings and vacant land for $85.4 million—plans to break ground this summer on over $3.4 million worth of single-story retail buildings totaling more than 12,000 square feet. Dallas-based GFF Architects designed the new buildings.
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Rendering of the new Business and Innovation Hub at The Star in Frisco. [Rendering: HKS]
Online Protection Provider McAfee Announces Regional HQ at The Star in Frisco
by | Jan 23, 2023
McAfee is the latest corporate addition to the city. The company said it is committed to partnering with the community, local students, and local tech startups to expand awareness around STEM through programs such as McAfee’s Online Safety Program for Kids.
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The Last Word: The USPTO on How Three Dallas Sisters Gave Maternity Wear a Stylish Innovation
by | Jan 23, 2023
Long ago, maternity wear was one of the unmentionables of fashion. That changed forever in 1937, when sisters Elsie and Edna Frankfurt founded Page Boy, America's first high-end maternity wear firm, in Dallas. In 1939, the sisters patented their game-changing solution: an adjustable skirt design for pregnant women that "accommodated" a baby bump instead of clumsily trying to hide it. They engineered a "window" in front of the skirt that expanded using drawstrings—while keeping the hemline stylishly parallel to the ground. 
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The sale of Trammell Crow Center was the top DFW CRE deal for 2022.
DFW Tops U.S. Metros in Commercial Property Deals for 3rd Year in a Row
by | Jan 23, 2023
According to the latest MSCI Inc. estimate, more than $42.5 billion in commercial properties were sold in DFW in 2022. North Texas “wrested the top slot from Manhattan at the onset of the pandemic and has held it ever since,” MSCI analysts said in the report. Dallas-based CBRE was the top-ranked firm for commercial real estate investment sales nationally in 2022—for the 17th straight year.
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Miami-Based Related Group Plans $120M Riverside Apartment Project in North Oak Cliff

Miami-based developer Related Group plans to break ground this spring on Manor Oak Farms, a $120 million apartment community with striking views. How striking? It's being built right across the Trinity River from downtown Dallas on a site next to the former Oak Farms Dairy property, Steve Brown reports in the Dallas Morning News.
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Frisco and McKinney Rank Among the Top 5 Cities in the U.S. to Rent New Apartments
by | Jan 20, 2023
The report by RentCafe—"Top 50 Cities for Finding New Apartments in 2023"—ranks Frisco and McKinney as the No. 4 and No. 5 cities in the U.S. for finding an apartment that only a limited number of people, or maybe even no people, have lived in before. Two other Dallas suburbs made the list as well: Richardson at No. 25 and Plano at No. 42.
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Deloitte: Fueling the AI Transformation Journey
by | Jan 20, 2023
How does your company stretch the boundaries of what’s been done, or reinvent itself within your industry?  

Deloitte provides a wide variety of services to our clients across the globe. ...

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Net-Zero Goal: DFW International Airport to Get Battery-Electric Buses in 2023
by | Jan 20, 2023

Dallas Fort Worth International Airport will receive new battery-electric buses this year that the airport believes will help it meet its net-zero goal in 2030.

The manufacturer said the sale will be the leading edge for more sales to local and state governments wanting low- and no-emission vehicles.

The buses are being delivered by ElDorado National Inc.,...

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