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Irving
Comanche Peak Nuclear Power Plant is located in Glen Rose, 40 miles southwest of Fort Worth. [Photo: Vistra Energy]
Vistra and Energy Harbor Merger to Create Clean Energy Powerhouse in $3B Deal
by Lance Murray | Mar 6, 2023
The newly formed subsidiary, Vistra Vision, will leverage Vistra and Energy Harbor's nuclear, retail, and renewables businesses to become a leading integrated retail electricity and zero-carbon generation company in the US. The merger provides the first opportunity to unlock the value of the Vistra Zero portfolio, says Vistra CEO Jim Burke.
by Lance Murray |
Feb 27, 2023
Pei Wei Asian Kitchen plans to bring its "wok'd-to-order" dishes to 10 to 15 new locations this year in Texas, Arizona, and Florida, and is expanding its footprint in unexpected places like food trucks, airports, and even inside Kroger Grocery stores. The company has introduced a new "light and bright design" in several new DFW traditional locations, as well as at its first digital location on Dallas' Greenville Avenue.
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by Lance Murray |
Feb 23, 2023
Trend Micro says its acquisition of the Delaware-based company will extend its orchestration, automation, and integration capabilities. It will also enable enterprises and Managed Security Service Providers to improve operational efficiencies, cost effectiveness, and security outcomes.
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by Lance Murray |
Feb 17, 2023
As part of its succession plan, Irving-based Commercial Metals Co. has appointed Peter R. Matt as president, effective April 1. He succeeds Barbara R. Smith who will remain chairman and CEO of the company.
Matt will continue to serve on the company’s board, which he joined in June 2020.
“We have every confidence in Peter as he takes on the role and responsibilities of president, and his appointment is part of the company’s succession plan,” Smith said in a statement....
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Frisco is one of the hottest high-income rental markets in North Texas. The luxury Remy apartments on Frisco Square are slated to open in early 2024. [Image: HEDK Architects]
Report: ‘Rich Renter’ Households in DFW Up as Much as 198% in Five Years
by Lance Murray | 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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by Lance Murray |
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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by Lance Murray |
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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by Lance Murray |
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 Lance Murray | 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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by Lance Murray |
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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by Lance Murray |
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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by David Seeley |
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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The Las Colinas Urban Center at Lake Carolyn in Irving. [Image: Visit Irving Texas]
Wells Fargo To Build a 22-Acre Corporate Campus in Irving, Creating 650 New Jobs
by Dallas Innovates | Staff Report | Oct 11, 2022
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.
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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by Lance Murray |
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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by Kevin Cummings |
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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by Kevin Cummings |
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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