Business

 

 

The Last Word: UTD’s Dr. Amy Pinkham on Heading a Global Initiative to Standardize Schizophrenia Assessment

Dr. Amy Pinkham of UTD’s School of Behavioral and Brain Sciences received an award for outstanding research on social cognition. The award puts her group at the forefront of research in the field, the professor said. The work could be applicable for many disorders, including autism and mood and anxiety disorders.
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After Opening U.S. HQ in Fort Worth, Clevon Rolls Out First North American On-Road Driverless Delivery
by | Dec 9, 2022
The all-electric, autonomous courier robot was built by Clevon, an Estonia-based company that moved its U.S. HQ to Fort Worth's AllianceTexas Mobility Innovation Zone three months ago. At the HQ opening, Estonia's president said "The future is very near."

Now that future has arrived, with a CLEVON 1 robot making a 3.6-mile delivery on public roads, navigating traffic and making turn signals along the way. Plus, take a look at the U.S. opening at AllianceTexas.
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Comerica Bank Is Creating a ‘BusinessHQ’ Collaborative Space for Small Businesses in Southern Dallas
Southern Dallas small business owners are about to get a new space to connect, collaborate, and help grow their companies.  Comerica Bank is transforming the first floor of its R.L. Thornton location into Comerica BusinessHQ—an 8,000-SF collaborative space offering a mix of coworking spaces, incubation fellowships, and technical assistance. The center will address three big needs: "capital, cultivation, and connectivity."
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AllOY Reveals Design of Its First Electric-Powered Autonomous Recreational Boat
by | Dec 8, 2022
The Dallas-based marine tech startup will take preorders in 2023 and set sail with production boats in 2024. Warbird Holdings CEO John Dorton—a veteran in both boat building and leadership—is joining the startup’s board to help AllOY make waves in the $57 billion recreational boat market.  AllOY emerged from stealth this summer to bring electric power and autonomous tech to boating.
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LERMA/ Agency Is Doubling Its Footprint in Dallas’ West End

The Dallas-based agency was founded by Pedro Lerma with a focus on "omniculturalism" and a belief that it can affect culture positively "by reflecting the culture of the world around us." The agency is occupying a second full floor at The Luminary building in the West End Innovation District, doubling its footprint in one year.
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Former Dallas Fed CEO Robert Kaplan: U.S. Workforce Growth Is Decelerating, But Texas and Collin County Are ‘Bucking That Trend’
by | Dec 8, 2022
Kaplan was the keynote speaker at last week's 11th annual luncheon of the Collin County Business Alliance. Here's a look at how he views the U.S. economy, and why he believes education and workforce skills training are the biggest keys to a "successful city" going forward. Government spending, printing money, and keeping interest rates near zero was like "driving your car at 120 miles an hour," Kaplan said. "And right now, we're in the process of slamming on the brakes."
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The Last Word: Goldman Sachs CEO David Solomon on Plans to Tap Young Talent at New $500M+ Dallas Job Hub
by | Dec 8, 2022
Addressing an audience of around 800 at the American Airlines Center, Solomon talked about the $500 million-plus, 900,000-square-foot employment center his firm is building north of downtown Dallas—part of a planned 11-acre project from Dallas' Hunt Realty. And more importantly, he spoke about the North Texans he hopes to attract to it.
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Fort Worth’s M2G Ventures Raises Over $700,000 for Depression Research
by | Dec 7, 2022
Dr. Madhukar Trivedi is founding director of UT Southwestern Medical Center's Center for Depression Research and Clinical Care. The real estate firm said it reached 70% of its $1 million goal in its third year of fundraising. The real estate and development firm raised more than $260,000 at its third annual fundraising gala, Art of the Mind, benefitting UT Southwestern Medical Center's Center for Depression Research and Clinical Care.
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Delicious Deal: Hillwood Brings Läderach Chocolatier Suisse to Distribution Center in AllianceTexas

by | Dec 7, 2022
Hillwood's latest real estate deal is set to sweeten North Texas and beyond. Läderach Chocolatier Suisse, a 60-year-old family-owned premium Swiss chocolate company, will expand to AllianceTexas for their U.S. distribution center—allowing them to bring delicious freshness directly from Switzerland into retail stores across America. 

Premium chocolates have one of the highest speed-to-market demands in the food and beverage industry, and Hillwood's Samuel Rhea says the deal gives "one of the world’s best chocolatiers" easy access to the unique multi-modal logistics platforms at AllianceTexas.
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Fort Worth’s Bell Will Replace the Army’s Famed Black Hawk in Contract Win Worth Billions
by | Dec 7, 2022
The Army's biggest helicopter competition in 40 years has a winner in Fort Worth. Bell Textron's V-280 Valor is slated to replace around 2,000 Black Hawk helicopters by 2030—with a tiltrotor design that lets it take off like a chopper and fly like a plane. Designed for long-range assault missions, the Valor's initial contract is worth up to $1.3 billion. But the program could ultimately be worth $70 billion across the life of the fleet, including foreign military sales, Defense News reports.
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Finisar Considers $3 Billion Semiconductor Expansion Project in Sherman
by | Dec 7, 2022
A new plant, an expansion to its current 76-acre site, would produce wafers for semiconductor chips and create 700 jobs.
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Cargo Airline Ameriflight Names New President, Chief Operating Officer
by | Dec 6, 2022

Alan Rusinowitz has been named president and chief operating officer of Ameriflight, the “nation’s largest Part 135 Cargo airline.”

The airline flies about 30 tons of cargo daily, and says it’s a critical part of the UPS, FedEx, and DHL supply chains, according to its website....

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Beverage Giant Keurig Dr Pepper Adds Chief R&D Officer

by | Dec 6, 2022

Keurig Dr Pepper announced the appointment of Karin Rotem-Wildeman as chief research & development officer, starting Jan. 9. She will report to Chairman & CEO Bob Gamgort.

The company is based in Frisco and Burlington, Massachusetts.

In her new role, Rotem-Wildeman will lead product development, packaging innovation, flavor technology, and associated R&D capabilities, the company said....

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Why Are There 750,000 Unfilled Job Openings in Cybersecurity? UNT Researchers Are Getting Up to $750K to Find Out
by | Dec 6, 2022
The grant award supports a new online platform to find out why cyber jobs are going unfilled—and make it easy for employers to find talent through an online database. UNT's Ram Dantu and Mark Thompson are principal investigators on the project. Dantu says foreign governments are "spying on us all the time,” and threats like ransomware attacks and cyber attacks abound. "We need a large workforce to combat this, and we don’t have the workforce,” Dantu says.
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ELM Is Building a 125K-SF HQ and Manufacturing Plant for MicroGrid, Solar Divisions in The Colony
by | Dec 6, 2022
Energy and utility services innovator ELM is constructing a new, 125,000-square-foot headquarters and manufacturing facility in The Colony for its MicroGrid and Solar divisions. When fully operational, Illinois-based ELM said the facility will employ more than 100 clean-energy professionals, including engineering, production technicians, customer service, sales, and management employees.
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Evolon and ZeroEyes Partner on Long-Range AI Gun-Detection Technology
by | Dec 6, 2022
With the partnership, Dallas-based Evolon Technology will unite the long-distance object detection of its analytics with ZeroEyes' proprietary AI gun detection technology. The result: The ability to detect and track someone with a firearm more than a football field away. "Current events point to the need for a partnership like ours," Evolon President and CEO Kevin Stadler says.
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