Business

 

 

Dallas Invents: 138 Patents Granted for Week of June 7

by | Jul 6, 2022
Dallas-Fort Worth ranked No. 11 for patents out of 250 metros. Patents granted include Amazon's authorization orchestration for distributed systems, Bank of America's system for real-time mining of data in test and development environments, Capital One's visual inspection support using extended reality, Toyota's smart realtor signs synchronized with vehicle, and more.
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Report: Dallas is No. 1 in Small Business Employment and Earnings Growth Among U.S. Metros
by | Jul 5, 2022
Small business employment growth is booming in metro Dallas and Texas, with both ranked No. 1 on the Small Business Employment Watch report from Paychex and HIS Markit. Metro Dallas took the top spot among other metro regions across the U.S. in both small business employment growth and hourly earnings growth.
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Dallas-Based Enhabit Spins Out of Encompass Health, Begins Trading on NYSE
by | Jul 5, 2022
Enhabit Home Health and Hospice has spun out of its Alabama-based parent, Encompass Health Corp., and is now trading on the New York Stock Exchange under the ticker EHAB.

With more than 10,000 employees in 350 locations across 34 states, Enhabit had over $1 billion in net revenue last year. Now it's eyeing further growth, saying its use of "advanced technology" gives it more efficiency and profitability than competitors in the space.
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ICYMI 2022: The Q2 Archive
You’ve found Dallas Innovates’ archive of news briefs from April to June 2022.
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At BIO International Convention, Companies Eye Relocation to DFW

by | Jun 30, 2022
At the 2022 BIO International Conference in San Diego, representatives from North Texas met "the greatest minds in biotechnology"—and discovered some of them are interested in relocating their companies to DFW.

"We connected with them to explore opportunities and increase investments in the Dallas region,” said a VP with the Dallas Regional Chamber.
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See Inside: Solar Energy-Focused Firm Opens New U.S. HQ and Innovation Center in Richardson
by | Jun 29, 2022
Chint Power Solutions America, a subsidiary of electronic components maker Chint Group, has made Richardson the new home of its U.S. HQ and Innovation Center—in yet another California HQ move to North Texas. As CPS seeks to grow its presence in the solar and clean energy space, it will use the Innovation Center "to shape what’s next in solar and energy storage technology."
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Dallas-Founded Biopharma Firm Raises $120M to Expand its Pipeline
by | Jun 29, 2022
ReCode Therapeutics, a biopharmaceutical startup using a non-viral lipid nanoparticle delivery platform for gene therapies, has closed a $120 million extension to a funding round it raised last year to help bring its lead programs to human trials and “follow the science” to target new diseases. With a research team working out of BioLabs' life sciences facility at Pegasus Park, ReCode aims to grow its global team from about 70 to 100 over the next year.
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The Last Word: SEDC’s Kent Sharp on Winning the Battle for a $5B Sherman Silicon Wafer Plant
by | Jun 29, 2022

“It was a dog fight.

Kent Sharp
President
Sherman Economic Development Corporation
.…on battling with rivals in South Korea and Ohio to bring GlobiTech’s $5 billion new silicon wafer plant to Sherman, via the Dallas Business Journal....

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Two Pioneering Dallas Ad Agency CEOs Launch Multicultural-Focused YouNite Media

by | Jun 28, 2022
Pedro Lerma, CEO of LERMA/, and Rodrigo Vallejo, CEO of RO2 Media, have launched YouNite Media—a demand-side platform that helps advertisers connect with audiences in an automated, anonymously trackable way. The new startup leverages both "cultural intelligence" and the co-founders' deep experience in multicultural marketing. "Lots of brands in the last couple of years have felt the urgency of being more in tune with their increasingly multicultural audiences," Lerma told Dallas Innovates. "YouNite hopes to let brands live up to their multicultural commitments."
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Longstanding Dallas Esports Franchise Takes on a New Name
by | Jun 28, 2022
Envy Gaming, a well-known name in the esports space, is retiring its branding but the competitive action will continue on.
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The Last Word: T.D. Jakes on His Foundation’s STEAM Academy Program
by | Jun 28, 2022
The T.D. Jakes Foundation, Dallas Mavericks, and Goldman Sachs announced the winners of its free, two-week immersive 'Hackathon' for kids aged 14 to 18. Six local high school students won for developing an app for people suffering from mental illness to get the help they need.

The chairman of T.D. Jakes Foundation has today's "Last Word" on Dallas Innovates.
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Visionaries Convene in North Texas to Discuss Supply Chain Innovation
Forward Fort Worth, hosted by Hillwood, brought together both public and private sectors to discuss trends and build partnerships in the mobility industry.
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Meet the 11 Winners of the EY Entrepreneur Of The Year 2022 Central Plains Award

by | Jun 27, 2022
Ten of the 11 winners are from North Texas.
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Hoque Global Plans 270-Acre Development That Could ‘Rewrite Perceptions’ of Southern Dallas
by | Jun 27, 2022
The Dallas City Council recently approved up to $31.4 million in tax increment financing for the first phase of the Dallas-based developer's planned mixed-use development near the UNT Dallas campus.

University Hills could ultimately include 1,500 multi-family units, hundreds of single-family homes, 1.5 million square feet of commercial properties, and more than 50 acres of green space.
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DI People: McKesson, CBRE, Axxess, RumbleOn, and More Make Leadership Moves
by | Jun 24, 2022
In this week’s roundup of hires, promotions, and accolades in North Texas, you’ll also find news from Gaedeke Group, Simpli.fi, Signify Health, Dallas Market Center, DartPoints, Mass Luminosity, and others.
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Green Light for $30B Bullet Train? Texas Supreme Court Gives Texas Central Land-Seizing Authority
by | Jun 24, 2022
The Texas Supreme Court ruled today that Texas Central "has eminent domain authority" to survey and seize land needed for its proposed $30 billion bullet train line between Dallas and Houston.

The news comes just two weeks after Texas Central CEO Carlos Aguilar resigned from the high-profile project.
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