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Douglas Alfaro
Background illustration: kingwin/iStock
Follow the Money: Fort Worth Automation Products Company Expands Mexico Footprint with $275M Acquisition and More North Texas Deal News
by Kevin Cummings | Aug 12, 2022
Plus: Dallas Startup Lands Top Prize at Pitch Competition, EV Charger Maker Acquires Charging Installation Company, Business Management Solutions Scoops Up Two Companies, Ingredient Manufacturer Acquired by European Investment Firm, BenefitMall Acquired by Truist Financial Corporation Subsidiary
by David Seeley |
Sep 1, 2021
In June, Wallbox announced its plan to go public through a $1.5 billion merger with Westbury, N.Y.-based SPAC Kensington Capital Acquisition Corp. Local hiring for the Arlington plant will begin immediately, Wallbox says, with on-site retooling set to begin in October. The new factory is anticipated to create around 250 direct jobs in the region by 2030—and manufacture 500,000 units annually by then as well.
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