Plano

China-Based ‘Smart Solar’ Company Launches North American Subsidiary in Plano

by | Mar 1, 2023
Hoymiles Power Electronics, a leading global "smart solar" supplier based in China, has announced the opening of its first U.S. subsidiary in Plano, north of Dallas. Founded in 2012, the company says it empowers homeowners and professionals in more than 110 countries and regions to join the journey to what it calls "open energy for all."
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DRC Life Science Economic Development Guide Website
Dallas Regional Chamber Launches Life Science Recruitment Campaign
The campaign builds on the region's thriving tech sector as the foundation of Dallas-Fort Worth's growing biotech and life science ecosystem. “What we’re seeing now is the cumulative effect of convergence across industries—and that gives DFW an edge," says Mike Rosa, the DRC's economic development chief.

The DRC's new VP of Economic Development, Kelly Cloud, is spearheading efforts to attract startups and established life science companies to Dallas-Fort Worth.
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Cinemark Founder Lee Roy Mitchell Retires From Theater Giant’s Board of Directors, Son Succeeds Him
by | Feb 17, 2023

Plano-based movie theater giant Cinemark Holdings announced that founder Lee Roy Mitchell has stepped down from its board of directors after nearly 40 years at the company, with son Kevin Mitchell succeeding him....

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First Look: NexPoint Unveils Plans for Massive TxS Life Sciences District in Plano

by | Feb 7, 2023
Dallas-based alternative investment firm NexPoint has revealed details and renderings of its planned 200-acre TxS District, short for "Technology x Science." Centered on the former headquarters campus of EDS in Plano's Legacy development, the life sciences hub could eventually offer over 4 million square feet of lab, office, and therapeutic production space. "Not only would this project be a major economic catalyst for the region, but it would also establish North Texas as a leader in life sciences," says James Dondero, NexPoint founder and principal.
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Alkami Technology Launches ‘Fisionairies’ Podcast Aimed at Financial Institutions
by | Feb 3, 2023

Plano-based Alkami Technology Inc. announced the launch of a podcast series, FIsionaries, to provide regional and community banks and credit unions with insights, tips, and strategy to elevate their digital banking game....

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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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DMN: Dallas’ NexPoint Eyes Potential $3.6B Investment to Create a Plano Life Sciences Hub
Dallas-based NexPoint Development is in early talks with the city of Plano to transform a 1.6 million-square-foot former EDS campus and adjacent land into a life sciences hub, according to the Dallas Morning News. The alternative investment firm would aim to invest $3.6 billion in the redevelopment project—called Technology x Science, or the TxS District for short—and partner with the city through its economic development incentive programs, according to the report.
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Improving Acquires Frisco Software Developer, Consulting Firm Zigatta

by | Jan 19, 2023
Plano-based IT services firm Improving said the deal is expected to increase its annualized revenue exceeding $275 million and will further its geographic reach throughout the U.S. and Latin America. In addition to its Plano HQ, Zigatta has offices in Guadalajara, Mexico.
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Former SMU in Plano Campus Will Be Repurposed as the Elevar Creative Office and Tech Hub
The former "SMU in Plano" campus, a four-building, 16-acre site at at 5228 Tennyson Parkway, is being renovated into a creative office and tech hub called Elevar, the Dallas Morning News reports.
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Fortress Solutions Names New Chief Executive Officer
by | Dec 23, 2022

Plano-based Fortress Solutions has appointed John Shelnutt as its chief executive officer, replacing Brendon Mills, who resigned to pursue other opportunities.

Fortress Solutions is a global provider of critical infrastructure management and support services for telecommunications carriers, wireless networks, electronic vehicle charging stations, and IoT devices.

“Fortress has an incredibly deep bench of talent that has gained the respect of the largest telecom companies in the world and other providers of critical infrastructure for many years,“ Shelnutt said in a statement....

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RKD Group Adds Senior Vice President of Strategic Growth
by | Dec 16, 2022

Lori Read has joined Plano-based RKD Group, the leading fundraising and marketing solutions provider to nonprofits in North America, as senior vice president of strategic growth.

“Lori is a dynamic force in our industry,” CEO Tim Kersten said in a statement. “We’re excited to welcome her to RKD and anticipate our strong continued growth trajectory through her strategic leadership.”...

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Toyota, Oncor Collaboration Will Put a Charge in Vehicle-to-Grid Research

by | Dec 15, 2022
The companies will collaborate on a pilot project on vehicle-to-grid technology, which allows vehicles to flow energy from their battery packs to the electric grid. "We envision a future where Toyota BEVs provide a best-in-class mobility experience, but also can be utilized by our customer to power their homes, their communities, or even power back the electric grid in times of need," said Toyota's Christopher Yang.
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NTT Data Innovation Index: 93% of Execs Think AI Will Be in Common Use Within 2 Years
by | Dec 13, 2022
The Plano-based digital business and IT services giant's research shows that businesses are focused on growing and increasing profitability. The economic climate may reduce short-term investments, but long-term trends are sustainable. Keeping up with the evolving market is key: “Digital transformation is a continuous journey, not a one-and-done investment,” says NTT Data Chief Digital Officer Tanvir Khan.
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Innovative Educator and CCBA Leadership Award Winner Michael Sorrell Has a Simple Request: ‘Please Say Yes’
by | Dec 9, 2022
Paul Quinn College President Michael Sorrell has a vision for a global network of Urban Work Colleges that take aim at intergenerational poverty and "smash it." The first one opened in Plano in 2018.

Accepting a leadership award from the Collin County Business Alliance, Sorrell asked his staff and students to stand up. Why? Because "they're going to come see you and talk to you about hiring students to work at your companies," Sorrell told the audience filled with local business leaders. "And I want everyone to practice this with me: 'Yes.'
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CG Infinity Taps Veteran Executive as SVP of Data, Cloud
by | Dec 6, 2022

Plano-based CG Infinity announced the hiring of Louis Mangiacapra as senior vice president of data and cloud, accelerating its customers’ digital transformation and customer-centric initiatives.

Mangiacapra is an experienced technology leader with more than 15 years of experience focused on building, managing, and deploying enterprise-class data and analytics platforms, the company said....

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