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Ross Perot Jr.
MP Materials has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility, pictured in October 2023, Fort Worth, Texas [Photo: Business Wire]
Over $58M Awarded to Advance Fort Worth Rare Earth Magnet Manufacturing Plant
by David Seeley | 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.
by Glenn Hunter |
Feb 12, 2024
But in a keynote talk with Perot Group Chairman Ross Perot Jr. at the Tarrant Transportation Summit, the president and CEO of the Dallas Federal Reserve Bank cites supply chain and cybersecurity risks, as well as challenges around affordable housing and childcare.
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by Quincy Preston |
Feb 8, 2024
When Ross Perot Jr. and Mike Berry were in their mid-20s, they set out to defy skeptics and fast-track a first-of-its-kind industrial airport in North Fort Worth. Today, AllianceTexas stands as a 27,000-acre global nexus fueled by that same trailblazing spirit—and public-private collaboration on a grand scale.
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by Quincy Preston and David Seeley |
Jan 9, 2024
The ICC Men’s T20 World Cup will be co-hosted by the West Indies and the USA from June 1 to June 29. The first match? USA vs. Canada, right here at the Grand Prairie Cricket Stadium. Here's a look at how North Texas has suddenly become a global hotbed for cricket—with two U.S. leagues, cricket entertainment venues, and more.
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NBA Hall of Famer Dirk Nowitzki, right, talks with Perot Jain Partner Aaron Pierce at Venture Dallas. [Photo: Dallas Innovates]
Dirk Nowitzki Reflects On His Drive for Greatness, Post‑Mavericks Future, and Enduring Bond With Dallas
by Quincy Preston | Oct 31, 2023
To cap off the recent Venture Dallas summit—just like he closed out so many Dallas Mavericks games with a buzzer-beating one-legged fadeaway—Dirk Nowitzki shared stories of his journey from Germany to the NBA, his 21 seasons with the Mavericks, his post-Mavs moves as a business investor, and his enduring bond with the Dallas community.
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by David Seeley |
Oct 11, 2023
On Friday, Gov. Greg Abbott addressed more than 250 CEOs, industry innovators, investors, political leaders, and military officials gathered at Circle T Ranch just outside Fort Worth for the invite-only UP.Summit. The three-day event—once described by a co-creator as “Sun Valley meets CES meets the Oshkosh Airshow meets Burning Man meets TED meets Davos“—convened minds, money, and mobility tech from across the globe.
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by Quincy Preston |
Oct 9, 2023
The invitation-only UP.Summit at the Perot family's Circle T Ranch in Westlake brought together minds, money, and mobility tech from around the world last week. UP.Partners' "moving world" ecosystem also includes a VC arm investing in transportation tech companies "that make you say, 'Hell yes!'" and a venture lab ranked No. 7 in Fast Company.
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by David Seeley |
Oct 6, 2023
The three-day, invitation-only 2023 Up.Summit wrapped up today at the Perot family's Circle T Ranch in Westlake. Here are some of the flying cars, autonomous dump trucks, drone-show drones, and "neighborhood electric vehicles" showcased at the summit—which was attended by global CEOs, former British Prime Minister Boris Johnson, and VCs seeking to get in on the ground floor of the future of mobility.
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Grand Prairie Stadium is Major League Cricket's first premier cricket venue. The venue will host MLC league matches starting on July 13. [Rendering: HKS/MLC]
Meet the Texas Super Kings: Major League Cricket Takes the Field in July at Grand Prairie Stadium
by Lance Murray | Mar 21, 2023
Major League Cricket is coming to Grand Prairie Stadium starting in July after the league held its first draft of domestic players for teams including the newly named Texas Super Kings. The team also has a newly named coach: Stephen Fleming, a former captain of the New Zealand national cricket team and head coach of Indian Premier League team Chennai Super Kings.
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by Lance Murray |
Dec 20, 2022
Thirty-three years after launching as the world's first industrial airport, Perot Field Fort Worth Alliance Airport now bears the name of the man who believed in its ultimate promise.
"My dad wholeheartedly believed Fort Worth Alliance Airport would be the centerpiece of an unprecedented jobs corridor in Texas,” said Ross Perot Jr., chairman of The Perot Group and Hillwood.
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by Lance Murray |
Dec 9, 2022
The North Texas Commercial Real Estate Hall of Fame will welcome two visionaries in 2023, Ray W. Washburne, president of Highland Park Village, and Rex Glendenning, founder and owner of Rex Real Estate.
Former Fort Worth Mayor Betsy Price will receive the Industry Service Award for her contributions advancing the commercial real estate industry through her efforts in economic development, mobility, infrastructure and private-public partnerships....
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by Kevin Cummings |
Nov 8, 2022
Anurag Jain and longtime business partner Ross Perot Jr. talked about the region's high growth with a roundup of innovators and investors at Circle T Ranch in Fort Worth's AllianceTexas development. The VIP reception was the prelude to the 2022 Venture Dallas conference—and one of the most coveted invitations in town.
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‘I’ve Never Been More Bullish on Our Region’: Longtime Dallas Investor Aaron Pierce Joins Perot Jain as Partner
by Kevin Cummings | Oct 12, 2022
Aaron Pierce, the co-founder and board chair of Venture Dallas, has a deep investment background and a history of supporting the local entrepreneurial community. As partner at Perot Jain, his role is "all encompassing." One item on his agenda is overseeing the firm's investments in Major League Cricket—along with managing the firm's investment portfolio of more than 60 companies.
“We have the ingredients required to be a major player in the national investment landscape," Pierce says, "especially as the family office and private investment focus grows from funds to direct investments in venture-backed companies.”
“We have the ingredients required to be a major player in the national investment landscape," Pierce says, "especially as the family office and private investment focus grows from funds to direct investments in venture-backed companies.”
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by Kevin Cummings |
Oct 4, 2022
Venture Dallas 2022—a full-day conference to be held Nov. 3 at the George W. Bush Presidential Center—will connect investors from all over the U.S with the “best founders in our region” with the goal of sparking “collisions” and “meaningful connections," co-founder Aaron Pierce says. He adds that those could potentially lead to fundings—and successful exits.
Here's a look at why the North Texas startup and VC scene is hopping, and what Venture Dallas 2022 could mean for you.
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by Kevin Cummings |
May 23, 2022
The investors joined Microsoft CEO Satya Nadella and others committing a total of $120 million to the MLC.
Noted sports architect HKS is designing a "world-class" Major League Cricket stadium in Grand Prairie. Upon completion early next year, it's expected to be the leading venue for cricket in the U.S., the MLC says.
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by Kevin Cummings |
May 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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