Business

 

 

The Last Word: Dr. Adrian Denvir on Selecting Nine Startups for the HSC Next SBIR Phase 0 Program

by | 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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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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From IPOs to M&As: A Year of Notable Exits in North Texas

by | 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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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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The DEC Network Adds Seven New Members To Its Board, Announces Awards

by | 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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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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Women’s Foodservice Forum Expands its Board of Directors

by | Feb 10, 2023

Dallas-based Women’s Foodservice Forum announced it expanded its 2023 board of directors and named new positions for its executive committee.

Senior leaders from a broad range of industry segments have joined the board of industry executives to broaden avenues for women to grow their leadership skills and partner with employers to highlight strategies that will help them access a diverse range of talent, the organization said....

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Industry Veteran Returns to CBRE as Vice Chair of DFW Advisory, Transaction Services Team
by | Feb 10, 2023

Robert Blount has returned to CBRE’s Dallas-Fort Worth Advisory & Transaction Services team as a vice chairman, the company announced.

Blount will focus on representing office occupiers and offering strategic consulting services for his clients, Dallas-based CBRE said....

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International Company Is Investing $1B To Build Recycled Paperboard Plant in Waco
by | Feb 9, 2023
The announcement by Atlanta-based Graphic Packaging International is Waco's largest economic development announcement to date. CEO Mike Doss says his company is investing in a recycling pulper for the facility that can transform '15 million paper cups a day" into "high-quality, low-cost coated recycled paperboard."
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PGA of America Taps Former Topgolf Exec as its New Chief Operations Officer
by | Feb 9, 2023
Kessler brings experience in "off-course golf" to the PGA from his years as COO of Dallas-based Topgolf. That's important, PGA of America CEO Seth Waugh says: "For the first time in history there are now more off-course golfers than on-course, so his track record of innovation and growth has never been more relevant or welcome." Kessler most recently served as CEO of Dallas' Buff City Soap.
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