Fort Worth

Fort Worth Economic Development Partnership Launches New Website To Drive City’s Growth

by | May 6, 2024
“Our goal was to create a digital destination that promotes Fort Worth as a premier business location, complementing the economic development efforts of our partners at the city of Fort Worth,” said Fort Worth EDP President and CEO Robert Allen.
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Hillwood Acquires 3-Building Office Portfolio in Irving
by | Apr 24, 2024
The Freeport Business Center has a 70% occupancy rate, with space available for lease ranging from 26,406 to 82,500 square feet, Hillwood said. Notable tenants include Northrop Grumman Corp., Yardi Systems, Sirius XM, and most recently Boeing.
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The Last Word: WalletHub Analyst On Best Places to Start a Business in 2024
Fort Worth is the top city in Texas, and three other North Texas cities made the top tier.
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Fort Worth’s Paslay Group Appoints Director of Operations for Division
by | Apr 12, 2024

Fort Worth-based airport consultancy Paslay Group has appointed Kris Vogt, a professional engineer with three decades’ experience in program, project, and construction management, as the first director of operations for its PG Executive Program Management division....

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Over $58M Awarded to Advance Fort Worth Rare Earth Magnet Manufacturing Plant

by | Apr 1, 2024
Las Vegas-based MP Materials—which began building the plant in 2022 at Hillwood's AllianceTexas—plans to produce ""precursor materials" at the facility this summer, and "finished magnets" by late 2025. The critically needed products will be delivered to General Motors to power EVs—and help "bring the supply chain home" to the U.S.
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Coffee Roaster & Distributor Farmer Brothers To Move Its HQ From Northlake to Fort Worth
by | Mar 29, 2024
Last June, Farmer Brothers Co. sold its direct ship business for around $100 million, along with its snazzy, sprawling home across from the Texas Motor Speedway. Now it's Panther City-bound.
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Just Right Products to Build New Retail and Production Facility in Fort Worth
by | Mar 25, 2024
By offering a centralized manufacturing hub and expanding the company’s school uniform retail storefront, Just Right's new facility holds strategic significance in its shift toward the more consistent school and government uniform markets, the company said.
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Fort Worth-Based Bell Wins $455M Navy Contract for 12 Viper Helicopters for Nigeria
by | Mar 21, 2024
The Defense Post said the Vipers are expected to enhance Nigeria’s air defense capabilities and help uphold regional stability once delivered.
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Northern Trust Appoints Dallas-Fort Worth Market President

by | Mar 8, 2024

Northern Trust, a Chicago-based financial services company, has appointed Dotti Reeder as market president of Dallas-Fort Worth, where she will lead the wealth management business serving high-net-worth individuals and families.

“Dotti’s lifelong commitment to Dallas, along with her deep expertise advising clients and leading people, further strengthens our commitment to the community,” Michele Havens, West Region president of Northern Trust Wealth Management, said in a statement, emphasizing that Northern Trust is “passionate about this market” and that Reeder “will significantly add to our longstanding, extraordinary franchise in Texas.”...

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TechFW Appoints Longtime Entrepreneur as CEO to Lead Innovative Growth
by | Mar 8, 2024

TechFW, a nonprofit organization dedicated to fostering innovation and empowering technology entrepreneurs, has named veteran entrepreneur Ryan Brown as its new chief executive officer.

According to TechFW, Brown has extensive experience as an entrepreneur in various industries, including aerospace and defense, and has led company growth and executive leadership within real estate, finance, nonprofits, and events....

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Chicago Professional Services Firm Addison Group Opens Fort Worth Office
by | Feb 27, 2024
Addison Group, a growing provider of professional talent solutions and business consulting services, says the office will help meet Fort Worth’s growing need for a quality workforce—a need "largely driven by migration to the city's thriving business community and diverse economy."
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Australia’s City Cave Floats Into North Texas with New U.S. HQ in Fort Worth
by | Feb 22, 2024
With 74 locations in Australia, New Zealand, and Florida, City Cave Float & Wellness Center says its float therapy transports people "into a deep state of theta relaxation" that can boost everything from creativity and mindfulness to sleep quality and more. With a former Subway CEO and former InXpress CEO on its leadership team, it's now on the hunt for franchisees.
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Industry Veteran to Lead Skidabrader’s New Aviation Division

by | Feb 9, 2024
John Hunter will lead the new division for Fort Worth-based Skidabrader, which serves dozens of military and civilian airports. The company's solutions help ensure "the safest possible runway conditions" in the face of challenges posed by constant tire scuffing and rubber buildup.
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Three North Texas Cities Make the Top 5 in FT’s List of Best Cities for Foreign Businesses
by | Feb 6, 2024
The Financial Times ranked Plano, Irving, and Dallas in the top five of its list of best cities for foreign business. Fort Worth and Arlington made the top 20 in the comprehensive evaluation of cities across the U.S., based on everything from workforce and talent to openness, investment trends, and more.
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Fort Worth-Based Lockheed Martin Aeronautics To Build F-35 Fighters for The Czech Republic
by | Jan 29, 2024
"This partnership with the Czech Ministry of Defense will deliver and sustain the F-35 aircraft for decades, while providing the Czech Air Force with unmatched interoperability and ensuring it has the capability to counter current and future threats," said U.S. Air Force Lt. Gen. Mike Schmidt.
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Standard Meat Co. Plans New Fort Worth Protein Processing Plant
by | Jan 23, 2024
Founded in Fort Worth in 1935, Standard Meat Co. said its fifth plant in the city—featuring a "state-of-the art" sous vide line—aims to meet the innovative product needs and growing volume demands of a range of top tier commercial customers.
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