Business

 

 

GM Is Investing $55M in a ‘State-of-the-Art’ Renovation of Its Arlington Assembly Plant

by | Oct 5, 2021
The Arlington Assembly plant has 5,677 employees and has produced more than 12 million vehicles since it opened in 1954. The new investment follows a $1.4 billion, 1.6 million-square-foot expansion at the plant that began in 2015.
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Lee Bratcher Texas Blockchain
The Texas Blockchain Summit Will Feature Senators John Cornyn and Ted Cruz and Other Cryptocurrency Boosters
by | Oct 5, 2021
The inaugural October 8th Texas Blockchain Summit could be a watershed event for making Texas "the jurisdiction of choice" for Bitcoin and other digital currencies. Lee Bratcher, president of the Texas Blockchain Council, will host a wide array of speakers including Texas Senators John Cornyn and Ted Cruz and Wyoming Senator Cynthia Lummis.
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Republic Services Opens $18M Technical Institute in Southwest Dallas to Train Diesel Techs
by | Oct 4, 2021
Phoenix-based Republic Services needs trained diesel technicians for its 180 local business units across the U.S. So it's opening an $18 million, 45,000-square-foot technical institute in Dallas—offering 12 weeks of free, compensated training with transportation and lodging provided, followed by placement in full-time positions across the country.
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Cypress Growth Capital Makes the First Investment Out of Its New Fund in Dallas’ Vision2 Systems
by | Oct 4, 2021
Vision2 Systems, a fast-growing online giving platform designed for churches, will use the $2.8 million investment for expansion.
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Wallbox—a Global EV Charging Leader Expanding to Arlington—Begins Trading on NYSE

by | Oct 4, 2021
Now trading under "WBX," the Barcelona-based EV charging manufacturer closed its merger with N.Y.-based SPAC Kensington Capital Acquisition Corp. on October 1.

Arlington leaders recently granted Wallbox incentives to build the company’s first North American plant in the Great Southwest Industrial District.
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DI People: Metrospaces, Argano, TF Holdings, and More Make Moves
by | Oct 1, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from Dallas Area Habitat for Humanity, Evolon Technology, IBERIABANK/First Horizon, Mohr Partners, Accenture Interactive, CEC Entertainment, and more.
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ICYMI 2021: The Q3 Archive
You’ve found Dallas Innovates’ archive of news briefs from July to September 2021.
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Thermal Packaging Tech Innovator PTG Expands to Fort Worth with New Manufacturing Center
by | Sep 30, 2021
Packaging Technology Group provides thermal packaging solutions and services for the biopharma and life science sector. As demand for custom and off-the shelf shipping solutions rise, PTG is adding capacity and expanding its products. The company's 73,000-square-foot Fort Worth facility is its third new location in 18 months.
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Addison’s Lone Star Analysis Preps for Growth With Fresh Funding, a Niche Team, and a Different Approach to Analytics

by | Sep 29, 2021
Lone Star Analysis says it can make predictions for enterprises farther into the future—and with more precision—than most would think is possible. Armed with an IP portfolio of more than 70 and a new investment, here's why the nearly 20-year-old company is on pace to grow by more than 40 percent this year.
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Dallas Invents: 136 Patents Granted for Week of Sept. 14
by | Sep 28, 2021
Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: AT&T's unified platform for managing telephone number ordering and procurement lifecycles, Cisco's blockchain for optimized fast-secure roaming on WLANs, Finish Time Holding's athlete tracking system and method for tracking an athlete during training sessions, Match.com's  method for matching using location information, Renegade Logic automated network trading platform, SkyBitz's increasing asset utilization using satellite aided location tracking, Stryker Corp.'s operating room wireless power transfer, and Toyota's real-time trajectory optimization for hybrid energy management utilizing connected IT.
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6 Dallas Innovators You Need to Know Today—and Why
by | Sep 28, 2021
Scout & Cellar, TracyLocke, IOMAXIS, and TEZ Technology made C-suite changes while a UTD associate dean was honored with a lifetime achievement award.
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GMC and General Motors Team Up With Dallas-Based Marcus Graham Project To Increase Diversity in Media, Marketing, and Advertising
by | Sep 28, 2021
The automaker brands will sponsor the Marcus Graham Project's annual iCR8 Boot Camp for three years starting in 2022—the organization's 15-year anniversary. The bootcamp will provide real-world exposure and experience to diverse marketing and media aspirants, helping them bolster meaningful industry careers.
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Follow the Money: Gramercy Raises Nearly $10M; German Pharma Acquires Abexxa Biologics; and Surge Private Equity Invests in Contractor Connect

by | Sep 27, 2021
Plus: Richardson's VOSS Solutions Lands $15M, Acquires Irving's LayerX
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Invited CEO on Dallas as a ‘Golf Mecca,’ the $100M BigShots Golf Expansion, and How Tech Is Changing the Game
by | Sep 27, 2021
Dallas-based Invited is the #1 owner and operator of private golf and country clubs in the U.S. CEO David Pillsbury tells Dallas Innovates the trend toward tech and golf entertainment is attracting millennials, "democratizing" the sport, and growing his business. Now an $80M arrangement with VICI Properties is fueling a "steep" growth curve for Invited's BigShots venues.
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Life Science Is Booming in Dallas-Fort Worth. The BioNTX iC3 Summit Is the Place to Connect
The summit is an innovation multiplier for capital, collaboration, and commercialization. Plus, you can meet 2021 NTX Rising Stars—and the new companies moving to BioLabs at Pegasus Park.

Here's an updated agenda for the annual iC3 Life Science Summit on September 30 and October 1.
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Trive-Backed Karman Systems Acquires Systima Technologies, Speeding Its Push Into Space and Hypersonic Markets
by | Sep 24, 2021
It was only last January that Trive Capital—a Dallas-based PE firm—formed Karman in a partnership with AMRO Fabricating and Aerospace Engineering. The Systima acquisition is the fifth transaction Trive has completed in the last 12 months in building the Karman platform into an aerospace and hypersonic powerhouse.
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