Business

 

 

Creation RE and J.P. Morgan Form Joint Venture to Invest $1B, Announce Fort Worth Industrial Project

by | Apr 25, 2022
Phoenix-based Creation RE, which has a second office in Dallas, and investment partner J.P. Morgan are looking to invest in 'the right markets.'
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DI People: Trinity Groves, Trammell Crow, Buff City Soap, Silicon Valley Bank, Nanoscope, and More Make Leadership Moves
by | Apr 22, 2022
In this week's roundup of 32 hires, promotions, and accolades in North Texas, you'll also find news from Staff DNA, Stream Realty Partners, EverAg, World Economic Forum, Eosera, Harver, Immersion Corp., The 20, and United Way of Metropolitan Dallas, among others.
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Meet Invited. The Largest Owner of Golf and Country Clubs in the U.S.—Dallas-Based ClubCorp—Unveils a Major Rebranding
by | Apr 22, 2022
“Invited is not just a name. It’s everything we are,” says CEO David Pillsbury. It's a game changer: ClubCorp sees a new high-tech era of "democratized" golf.

The rebranding announcement follows last week's Bloomberg report that Apollo Global Management Inc.—which took ClubCorp private in 2017—is weighing an IPO for the country club operator as early as this year, at a potential value of around $4.5 billion. 
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Ross Perot Jr., chairman of The Perot Group, and James Latinsky, MP Materials co-founder and CEO a the site of MP Materials new U.S. magnet factory at AllianceTexas in Fort Worth.
Construction Begins in Fort Worth on America’s First Rare Earth Magnet Manufacturing Facility
Through a long-term agreement with General Motors, MP Materials is bringing its MP Magnets division to AllianceTexas and today began building a new, 200,000-square-foot rare earth magnetics and materials manufacturing facility.

The goal: Reshore this critical component for America's EV batteries, robots, drones, defense systems, and other tech. “We’ll bring the supply chain home,” MP's CEO promised today.
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Amping Up: Fort Worth Battery and EV Charger Company Acquired by PE Firm

by | Apr 20, 2022
Schumacher Electric, a 75-year-old company that relocated to Fort Worth from Chicago last summer, is reimagining the future of power innovation.
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Frisco’s EverAg Makes C-Suite Move to Advance Farm-to-Fork Transformation of Food Supply Chains
by | Apr 20, 2022
EverAg was formed in February through Frisco-based Dairy.com's merger with risk management firm ever.ag and software solutions business EFC Systems. With a team of about 450 spread across seven global locations, EverAg's tech is helping 600+ companies "efficiently and cost effectively move food from farm to fork." Now the new company has appointed former Conservis co-founder and SVP Mike Borman as its chief product officer, to be at the forefront of that effort.
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Dallas Invents: 129 Patents Granted for Week of March 22
by | Apr 20, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. 1A Smart Start's wearable transdermal alcohol sensor device; Agarik Sas' method for scheduling computer tasks; and Botsitter's remote monitoring, care, and maintenance of animals.
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Dallas Real Estate Brokerage Plans to Add 1,000 Agents—and It’s Paying to Get Them Licensed
by | Apr 19, 2022
Rogers Healy and Associates Real Estate has grown rapidly over the past year, and recently announced the launch of rural realty arm RHA Land and Lakes. Today the firm announced it aims to add 1,000 new realtors to its ranks—and it's planning to pay for them to get licensed through its License Launch program. “Not only do we get the opportunity to invest in their success, but we get to watch them grow and thrive as a real estate agent after,” the company's talent coordinator says.
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JLL Managing Director is Optimistic on the Future of Dallas as a ‘Top Contender’ for Corporate Relocations

by | Apr 19, 2022

Torrey Littlejohn thinks Dallas will continue to be a top contender for corporate relocations “as large out-of-state businesses consider moving to Texas to tap into cheaper labor and more favorable tax treatments.”

Littlejohn, managing director and recently named co-leader for JLL’s Dallas office tenant representation team, sees an emphasis on health and wellness, as well as recruiting, by tenants.”Flight...

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Hillwood and Ericsson Routes Partner on ‘Connectivity Predictions’ at the MIZ
by | Apr 19, 2022
Planning and operations in the Mobility Innovation Zone require a consistent and reliable connection throughout the whole journey of each tested vehicle—whether it's a self-driving truck or a delivery drone dropping test packages. Ericsson Routes, an incubation unit within Ericsson, offers Waze-like connectivity predictions for planned routes and journeys.
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Dallas-Based Daltile Releases First-Ever Trend Report for 2022 Interior Design
by | Apr 19, 2022
Daltile explores seven trends in its 2022 interior design Trend Report—Restorative Nature, Self-Expressionism, Origins Exploration, Female Celebration, Noble Simplicity, Nostalgia Escape, and Tech Retreat—and reveals how each is expressed in Daltile's product lines.
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Eosera Graduates from TechFW, CEO Joins Its Board
by | Apr 19, 2022
Fort Worth-based Eosera, a biotech startup specializing in innovative ear care products, has graduated from the TechFW accelerator and business incubator—and now its co-founder and CEO Elyse Dickerson is joining the nonprofit's board. Eosera continues to grow and is close to moving into a 40,000-square-foot facility.
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Impact Ventures Raising $20M Dallas Inclusive Capital Fund to Make the Region a Hub for Diverse Entrepreneurs

by | Apr 14, 2022
“Entrepreneurs of color are over-mentored and undercapitalized. While others are saying, ‘Here’s a program or mentorship,’ we’ve been one of the first groups to say, ‘Here’s that, plus capital, to get you there,’” says Benjamin Vann, founder and CEO at Impact Ventures.
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How Composting Saves Landfill Space and Reduces Costs at DFW Airport
by | Apr 14, 2022
Last year, Dallas-Fort Worth International Airport partnered with Dallas-based Turn Compost to collect and haul food waste from terminal concessions. Since March 2021, 60 tons have been composted.

Community farms and gardens including Bonton Farms, F.A.R.M., Misty Moon Farms, and many others benefit from donated animal feed and compost.
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The Last Word: Blockchain.com’s Peter Smith on Partnering with the Dallas Cowboys
In a press conference yesterday, Smith and Dallas Cowboys owner and GM Jerry Jones announced that Blockchain.com is the team’s official digital asset partner in a multi-year sponsorship deal.
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Smart City Boost: Agency Adds Broadband to its Transportation Solutions Toolkit
by | Apr 13, 2022

Most anyone who has been commuting to work over the past two years has likely noticed a decrease in traffic.

Brookings Institution noted that metro traffic congestion was cut in half after COVID-19 hit in 2020, attributing it largely to employees working virtually from home, and more flexible work schedules (though government stay-at-home orders figured prominently as well)....

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