Irving

Report: ‘Rich Renter’ Households in DFW Up as Much as 198% in Five Years

by | Feb 3, 2023
RentCafe said that while the number of high-income renters in Dallas rose by 74% and sits at 6% of the city's total renters between 2015 and 2020—peaking at 17,257— he number of high-income renters rose even more dramatically in other North Texas cities. Garland saw a rise of 198%, McKinney 186%, Plano 103%, and Frisco 93%. High-income renters in Frisco may look into places like the luxury Remy apartments (above), coming to Frisco Square in 2024.
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Hyosung Innovue: The ATM Maker Rebrands to Embrace a ‘Customer-Led Revolution’   
by | Jan 31, 2023
The Irving-based maker of ATM technology based its new "Innovue" branding on the words "Innovation + VIsion"—expressing Hyosung's goal of creating exciting new solutions, services, and experiences. "Nowhere in our new frame of reference will you find the words ATM, cash, retail, or banking," CMO Brad Nolan told Dallas Innovates. "We have opened the aperture and unshackled our employees to think big."
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Irving-Based ExxonMobil Takes Step Toward World’s Largest Low-Carbon Hydrogen Facility
by | Jan 30, 2023
The company has awarded a contract for front-end engineering and design for the project. Its Baytown low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce 1 billion cubic feet of low-carbon hydrogen per day, making it the largest low-carbon hydrogen project in the world at planned startup in 2027-2028.
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The Last Word: Vistra’s Sam Sen on the TXU Energy Connected Conservation Program
by | Jan 25, 2023
The new TXU Energy Connected Conservation program enables anyone with an eligible thermostat to take a more significant role in energy conservation. By agreeing to small, gradual, automatic temperature adjustments during peak consumption periods, customers will help conserve energy across Texas—using less and saving more.
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NEC Corp. Announces VP of Operations for Advanced Recognition Business

by | Dec 16, 2022

Irving-based NEC Corp. of America announced Carmelo Lisciotto has joined the company as Vice President of Operations for its Advanced Recognition Systems business.

A leading provider and integrator of advanced IT, communications, networking, and biometric solutions, NEC said that Lisciotto brings nearly 30 years of extensive experience in global IT operations, data analytics, public/private/hybrid cloud infrastructure, security, and DevOps to his new role....

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ExxonMobil Touts Corporate Plan That Includes $17B Lower Emissions Investment
by | Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
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Irving Healthcare Innovator Biote Corp. Adds Board Member After Going Public in May
by | Nov 12, 2022

Irving-based Biote Corp. an innovator in preventive healthcare through the delivery of personalized hormone therapy, announced Debby Morris has been appointed to its board of directors, bringing more than three decades of experience in directing financial operations and strategy to support high-growth companies....

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Top stories on DAllas Innovates for Earth Day
Report: Dallas, Plano Among Top U.S. Cities for Foreign Business Investment
by | Oct 14, 2022
In the inaugural 'Investing in America' report from the Financial Times and Nikkei, Dallas ranks No. 6 overall, and Plano ranks No. 13. Irving shines strongly in the report, too, ranking highly on several key data points. And looking only at workforce and talent, Plano comes in at No. 1 in the entire country. The report is timely: Just two weeks ago, EDC leaders from across North Texas were part of a TxEDC trade mission to London, Paris, and Frankfurt, Germany.
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Wells Fargo To Build a 22-Acre Corporate Campus in Irving, Creating 650 New Jobs

Governor Greg Abbott confirmed today that San Francisco-based Wells Fargo will build a new corporate campus in Irving's Las Colinas development. Based around two 400,000-square-foot towers, the campus will provide a home for Wells Fargo's 3,000 local employees, while creating 650 jobs. Dallas firm KDC has been tapped as developer.

The move is being aided by a $5 million "deal-closing" grant from the Texas Enterprise Fund, on top of $30 million in incentives approved by the Irving City Council in August.
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Vistra Corp. Seeks to Add 20 Years to Nuclear Power Plant’s Life with License Renewal
by | Oct 4, 2022

Comanche Peak Nuclear Power Plant has been generating nuclear electric power for more than 30 years, and this week Irving-based Vistra Corp. announced that it has applied for license renewals with Nuclear Regulatory Commission to keep the plant operating through 2053....

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Bank of Montreal Taps North Texas for its Newest Tech Hub
by | Jul 25, 2022
With 50,000 employees and $820 billion in assets, the Bank of Montreal plans to add 50 new employees to its 250-person DFW workforce. Placing its newest tech hub in North Texas is part of the bank's plan to make the U.S. a major focus of its business. BMO joins JPMorgan Chase, Bank of America, and PNC Bank in having a significant tech presence in the Dallas-Fort Worth region.
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Follow the Money: MLTPLY Makes Second Investment Since Launching Last Year, RumbleOn Finalizes $130M Acquisition of Fort Worth Powersport Dealer, and More
by | Feb 23, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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DI People: Downtown Dallas Inc., Six Flags, Southwest Airlines, CASPR Group, and More Make Moves

by | Nov 19, 2021
In this week's roundup of hires and promotions in North Texas, you'll also find news from INTRUSION, Enseo, ParkHub, Capital Alliance Corp., UNT, Stream Data Centers, OneDay, Caris Life Sciences, and more.
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Irving-based Fluor receives $1.16B contract extension for Navy nuclear propulsion work [Photo: Fluor]
Irving-based Fluor Gets $1.16B Contract Extension for Navy Nuclear Propulsion Work
by | Nov 1, 2021
When you think of Irving, you probably don't think "submarines." Well, you should start. Irving is home to the headquarters of Fluor, whose subsidiary Fluor Marine Propulsion got the one-year extension to work on naval nuclear propulsion technology at Navy Nuclear Laboratory sites in New York, Pennsylvania, and Idaho. 
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Irving-Based Mobile Banking App Porte Donates To Charity on Behalf of Customers through New #DoortoChange Program
by | Mar 23, 2021
This mobile banking app was created by Populus Group Financial with a younger age group in mind. Porte works to combine convenience and the desire to help others.
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Irving-Based Hyosung America Moves Into New HQ as Parent Company Plans Korean IPO
by | Dec 16, 2020
Hyosung America is a leader in the ATM self-service solutions marketplace. Its new HQ in Las Colinas and IPO of its parent company, Hyosung TNS, aims to fuel a growth strategy that will increase global brand recognition, R&D investments, and expansion.
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