Business

 

 

McCarthy Building will move to CityLine in Richardson.

McCarthy Building Cos. Moves Dallas Office to CityLine in Richardson

by | Jan 11, 2023
Missouri-headquartered McCarthy Building Cos. moved its Dallas office to 3400 N. Central Expressway in the CityLine mixed-use development. The office also will serve as headquarters for McCarthy’s parent company, Genuine McCarthy Enterprises, and its associated subsidiaries.
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Universal Parks & Resorts Is Planning a ‘One-of-a-Kind’ Kids Theme Park in Frisco
by | Jan 11, 2023
Universal Parks & Resorts is planning a new theme park concept "unlike any other in the world"—and it aims to build it right here in North Texas. The proposed park will be sited within 97 acres of land Universal recently purchased in Frisco, and will target "a whole new generation of fans" on a more intimate scale than larger Universal parks. An adjacent themed hotel will be also be part of Frisco's newest attraction.
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Fred Tate was appointed to the Trinity River Authority by Gov. Greg Abbott.
Governor Appoints Colleyville Businessman to Trinity River Authority Board
by | Jan 11, 2023

Colleyville businessman Fred Tate has been appointed to the Trinity River Authority board of directors by Texas Gov. Greg Abbott.

Tate is the founder and managing director of CFO Shield, LLC, a fractional CFO and bookkeeping firm....

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Illustration of the Orthofix FIREBIRD SI Fusion System with NANOVATE technology [PHOTO: Business Wire]
Orthofix Medical Completes Merger with SeaSpine Holdings Corp.
by | Jan 10, 2023
Lewisville-based Orthofix will merge with and into California-based SeaSpine, completing a previously announced merger of equals. “The completion of this merger catalyzes our ambition to be an industry leader in spine and orthopedics,” said Keith Valentine, president and CEO of Orthofix. "Together we are stronger and better positioned to deliver innovative, quality-driven solutions for surgeons in their work to improve patients’ lives.”
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Gearbox acquires Captured Dimensions

Gearbox Entertainment Acquires Fellow Frisco Company Captured Dimensions

by | Jan 10, 2023
Gearbox is an award-winning creator and distributor of transmedia entertainment, including hit video games and franchises like Tiny Tina’s Wonderlands, Brothers in Arms, and Borderlands. Captured Dimensions has done 3D capture and scanning for numerous Hollywood movies, and produced video game titles for 2K Games and Electronic Arts. Captured Dimensions founder and president Jordan Williams called the merger "an incredible runway for growth an opportunity."
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Harvest Returns Helps Idaho-based American Beef Ranch Raise $470K
by | Jan 10, 2023

Harvest Returns, a Fort Worth-based crowdfunding platform, recently helped American Beef Ranch complete a $470,000 raise.

According to Harvest Returns, the Idaho-based ranch aims to raise high-quality grass-fed, grass-finished beef and lamb.

A fifth-generation rancher, owner, and operator, Jesse Nelson has worked the ranch for over 10 years giving him an advantage in understanding how and where certain improvements are to be implemented, Harvest Returns said....

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Lonny Warner is the new CEO at Reddy Ice.
Reddy Ice Taps Veteran Business Leader as CEO, President and Board Member
by | Jan 10, 2023

Dallas-based Reddy Ice LLC, the largest manufacturer and distributor of packaged ice in North America, announced the appointment of Lonny Warner as chief executive officer and president and as a member of its board of directors....

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Chick-fil-A Gives a Total of $5M to 46 Nonprofits, Including Three in Dallas and Plano
The 2023 Chick-fil-A True Inspiration Awards program awarded $5 million in total grants to nonprofits across the country. The local recipients include Mercy Street and Cornerstone Crossroads Academy in Dallas and City House in Plano. "Through our True Inspiration Awards grant program, Chick-fil-A helps empower local nonprofits that are leading positive change and creating tangible impact throughout the communities they serve," said Chick-fil-A's Brent Fielder.
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Tony Collins Art to Relocate Its HQ to Historic Downtown Kaufman Square

by | Jan 10, 2023
Tony Collins Art makes custom lighting, art, and metal work for restaurants and skyscrapers, and is known for building the rotating structure for the 1934 ExxonMobil Pegasus at the Omni Dallas Hotel. After spending years in Dallas' highly urban Cedars neighborhood, TCA is moving 34 miles southeast to Kaufman's former city hall, fire station, and senior center property. And just in the nick of time—what could become a key city attraction was slated to be a parking lot.
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Two Historic Fort Worth Towers Acquired for Apartment Conversions in One Week
by | Jan 10, 2023
Dallas has increasingly been putting apartments into historic downtown buildings. In the past week, Fort Worth made its own one-two punch in the same direction. First, Dallas-based Bluelofts Inc. acquired the historic Oil & Gas building on West 7th Street in downtown Fort Worth (above), for conversion into 180 apartments with ground-floor retail. Now Chicago's 3L Real Estate has acquired the 16-story former Oncor Building on the very same street for conversion into—you guessed it—apartments.
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Republic Property Group Proposes McKinney Development With 10K Homes, $2B in Taxable Value
by | Jan 9, 2023
Republic Property Group presented a proposal in December to the McKinney City Council for Honey Creek, a property west of Highway 75 and next to the future U.S. Route 380 bypass. Along with the proposed homes, the development would include commercial and office space.
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100-Year-Old Dickie’s Is Moving Into a Stylish New HQ in Downtown Fort Worth
by | Jan 9, 2023
Dickie's—the Fort Worth-founded world leader in work apparel—has been around for a century. That seems like a great time to spiff things up with a stylish new HQ, and Dickie's is doing just that, the Fort Worth Star-Telegram reports.
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Trive Capital Forms Tri-Trade Home Services Platform with Partners

by | Jan 2, 2023
Cascade Services was created through a partnership between Trive, LP First Capital, and an experienced management team to pursue acquisition opportunities in the residential HVAC, plumbing, and electrical services sector.

The Cascade team includes CEO Tyrone "Ty" Johnson, who previously was a Trive operating partner and chief executive officer of publicly traded Select Interior Concepts.
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How UT Southwestern Medical Center Nurtures Next-Gen Health Care Leaders
by | Dec 30, 2022
As one of the nation’s premier academic medical centers, nurturing employees for management and leadership roles is mission critical. The medical center, with its workforce of nearly 23,000, received the 2022 BOLD award for its leadership development. “As we do with our scientific, medical, and training missions, we apply data-driven strategies to nurture leaders who contribute to our institution’s culture of integrity, inclusiveness, and collaboration, and extend those qualities throughout the organization,” Holly Crawford said.
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Exponential Technology Group Buys Australian Tech Business Braemac
by | Dec 29, 2022
As a subsidiary of TTI Inc., XTG and its parent company, Mansfield-based Mouser, are part of the Berkshire Hathaway family of companies run by billionaire Warren Buffett.  Braemac, based in Sydney, Australia, has 17 offices globally and offers support from design through to product realization.
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Barnston Agtech showed off its swarm farming robotic driverless tractors at the Barnstorm R&D Center in a recent YouTube video. [Video screenshot]
Robotic Agtech Startup Closes $217K Equity Raise for ‘Barnstorming’ Autonomous Tractor Swarms via Fort Worth’s Harvest Returns
by | Dec 28, 2022
Barnstorm Agtech, a Canadian startup developing driverless robotic tractors known as 'Barnstormers,' has closed on a $217,500 equity capital raise through Fort Worth-based Harvest Returns' investment platform.

The company, co-founded by a fourth-generation farmer and a robotics expert, plans to deploy 'swarms' of the tractors as a service to farmers in the U.S. Midwest and Canadian Prairies to address chronic labor scarcity and other "pain points" of traditional tractor systems.
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