Business

 

 

The Last Word: Tri Global Energy’s John Billingsley on Selling His Company for $270M to Canada’s Enbridge

by | Sep 29, 2022
Tri Global Energy, Texas' leading developer of wind energy products, has been sold for $270 million to Enbridge, the largest energy company in Canada, the Dallas Morning News reported today. Since Billingsley founded the company in 2009, Tri Global has helped Texas become the nation's leader in wind energy capacity by developing and monetizing over 6 GW of utility scale renewable projects, the companies said. Tri Global is now among America's top utility-scale renewable energy developers.
MORE
Dallas-Based ~Pourri ‘Flips That Funk’ With New Music Video Brand Campaign
by | Sep 29, 2022
~Pourri founder and CEO Suzy Batiz spent years trying to mash up the idea of "funky smells" with funk music. Then she stumbled on a video by the dance group Ghetto Funk Collective on social media. "One month later we were filming with an incredible crew and the Ghetto Funk Collective in Amsterdam," Batiz told Dallas Innovates. "It was a dream come true." Check out the campaign's first two spots—and see how it all came together.
MORE
Schneider Electric Names Dallas-Based Joshua Dickinson as Its North American SVP and CFO
Schneider Electric—a France-based global leader in the digital transformation of energy management and automation—brands itself with the message "Life Is On." Now it's tasking Dickinson with responsibility for all its financial operations in the $8 billion North American region—from driving microgrid innovations to helping Schneider achieve a "real energy transition." "The company is doubling down on its commitment to building a more sustainable and electrified future," Dickinson told Dallas Innovates.
MORE
Hyosung America Announces New Chief Executive Officer
by | Sep 28, 2022

Irving-based Hyosung America Inc. announced that Sang Hwan Kweon has been appointed chief executive officer of the North American leader in cash management solutions.

Kweon, an experienced business leader, succeeds Hee-Eun Ahn, who recently announced his retirement, effective Oct. 1. Most recently, Kweown was chief operating officer.

“We have seen tremendous growth over the past four years....

MORE

Opendoor Finance App Now Available in DFW, Rest of Texas

by | Sep 28, 2022

Homebuyers nationwide have been experiencing turbulence in the housing market from rising mortgage rates to fluctuating home prices. Even the act of applying for a mortgage is an undertaking these days.

Now, digital platform Opendoor is expanding the Opendoor Finance app to Dallas-Fort Worth, Georgia, Arizona, and the rest of Texas to help people navigate those turbulent real estate waters with more control over the mortgage process....

MORE
The Last Word: John Howard on How SMU’s New Lab Is Working to Reduce Bias in AI
by | Sep 28, 2022
The goal of SMU's Intelligent Systems and Bias Examination Lab (ISaBEL) is to quantify and minimize bias in artificial intelligence systems. It will explore how AI systems—like facial recognition algorithms—perform on a wide range of diverse people. The Lab will investigate ways that bias can be reduced in these systems through cutting-edge research, standards, and other peer-reviewed studies.
MORE
UT Southwestern Is Selected as One of 12 NIH Obesity Research Centers
by | Sep 28, 2022
Over 150 scientists across dozens of departments will be part of the elite National Institutes of Health-funded, university-wide interdisciplinary research center. Dallas' UT Southwestern Medical Center is the only institution in Texas to be selected for the NIH initiative.

UTSW wants to translate scientific discoveries into new therapeutic strategies for the prevention and treatment of obesity, which it describes as a chronic disease affecting more than 40% of the U.S. population, with medical costs nearing $175 billion.
MORE
Dallas Invents: 142 Patents Granted for Week of September 13
by | Sep 28, 2022
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: DoorDash’s automatic floor-level retail operation decisions using video analytics, Toyota’s automated pest warning and eradication system, Textron’s aircraft weapon system, Paradigm Shift Technologies’ food ordering via embedded links in video game advertising, O’Reilly Winship’s rechargeable USB electrical outlet with integrated lighting, BMIC’s self-adhered roofing systems and methods, iPMachine’s system for mixed reality experiences, Samsung’s methods for gesture recognition and control, Sleep Technologies’ adjustable sleeping system with massage function, SRFC Bio’s analysis of antimicrobial coatings using X-ray fluorescence, and an unassigned mobile legal counsel system and method.
MORE

Innovative Spaces: AIA Dallas’ 2022 Built Design Award Winners

A home nestled in—and open to—nature. A school that buzzes with literary inspiration. A hospital that seems to swoop through the sky. They're just three of the winners of the 2022 AIA Dallas Built Design Awards. Here's a look at the 10 award-winning projects, which all feature "thoughtful architecture that enliven the fabric of their communities," according to the awards committee chair.
MORE
‘Trick Shot Town’: Frisco’s Dude Perfect Plans New HQ To Serve as a Destination for Fans
by | Sep 27, 2022
Frisco-based Dude Perfect—a group of five friends whose trick-shot videos and wild stunts have amassed 58 million YouTube subscribers—is thinking big with a new planned HQ. It features a 330-foot-tower that will enable fans to take "The Impossible Shot." The new HQ is a vision in search of a home—its location has yet to be determined.
MORE
Water Cooler at Pegasus Park Tenants Get North Texas Giving Day Surprise
by | Sep 26, 2022

Last Thursday, Water Cooler tenant leadership teams and boards gathered together at Pegasus Park and were surprised with more than $200,000 in prizes to support the missions of their nonprofit organizations....

MORE
Asana Partners Acquires Fort Worth’s Foundry District from M2G Ventures
by | Sep 26, 2022
Asana Partners shares M2G Venture's vision for innovative adaptive reuse projects, the developer says, making it "the ideal ownership group to continue the Foundry’s trajectory as a North Texas icon."
MORE
Dr. Venu Varanasi, pictured in his lab,an associate professor and lab director at UT Arlington, won the pitch competition.

UT Arlington Researcher Takes Home Pitch Competition Prize for Bone Regeneration Work

by | Sep 26, 2022
After a rigorous process, the top six applications to the Tech Transfer Office Showcase at BioNTX's iC3 life science summit were invited to pitch live at BioNTX's life science summit. Industry experts rated, graded, and discussed the technologies prior to the pitches "We want to cultivate technologies that are coming out of the university ecosystem here—and we want them to stay here," said Chad Ronholdt, managing director at NVB Ventures.
MORE
Follow the Money: tree3 Aims to Raise $2M, Traveller Capital Raises $28.5M, IBM Acquires Dialexa, and More
by | Sep 26, 2022
In this week’s North Texas deal flow, you’ll also find news about Universal EV Chargers landing $10M in grants; The Beneficient Company Group's plans to go public in a deal valued at $3.5B; NTT DATA’s acquisition of Apisero, ‘one of the largest all-stock transactions in the mid-to-upper-management recruiting space'; and more.
MORE
The Last Word: IDP’s Brandon Buschold on Why Workforce Trade Programs Are Vital
by | Sep 23, 2022
IDP aims to employ 40 works in Rockwall when the facility's up and running, with 25 to 30 coming from the local talent pool. Buschold says IDP plans to get involved in local trade programs, hoping to help train the next generation of workers in the manufacturing, engineering, and production fields.   He's not alone. Workforce training and development has been at the top of the list for many in North Texas recently. Dallas College has made it a major part of its agenda for the region, and in July was awarded a $5 million Apprenticeship Building America grant by the U.S. Department of Labor for its apprenticeship programs.
MORE
DI People: Wingstop, JLL, EWF International, Starla Wines, and More Make Leadership Moves
by | Sep 23, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from CBRE, Merriman Anderson Architects, Bank of Texas, Quality Custom Distribution, EFG Cos., Dillas Quesadillas, BBG, the Catholic Foundation, and others.
MORE