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Dallas construction firm to oversee Fort Worth projects

A Dallas construction firm has been awarded the Hemphill Street Connector and Village Creek peak flow storage projects in Fort Worth.

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UT Arlington Army ROTC officer named nation's top military science professor

The U.S. Army Cadet Command has named Lt. Col. Lora A. Rimmer, Commander of the Army ROTC “Maverick Battalion” at University of Texas at Arlington, the nation’s Professor of Military Science of the Year.

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Fort Worth Hilton owners acquire Ashton Hotel

The Ashton Hotel, a historic boutique hotel in downtown Fort Worth, has been sold to a new owner.

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Texas Health Resources names Berdan next CEO

Barclay E. Berdan, chief operating officer for Texas Health Resources, has been named the new CEO of the health system effective Sept. 1.

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FBI arrests longtime Dallas County commissioner John Wiley Price

DALLAS (AP) — The FBI has arrested a longtime Dallas County commissioner whose home was raided by federal agents in a 2011 money laundering investigation

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Chamber launches economic development campaign

 

The Fort Worth Chamber of Commerce launched a new campaign to raise an additional $500,000 and increase awareness of its economic development efforts Monday.
Now redubbed Forward Fort Worth, the new campaign will have an annual budget of $1.5 million, up from $1 million. The chamber launched the new program during a lunch at the Fort Worth City Club where business leaders like businessman Ed Bass and BNSF Chairman and CEO Matt Rose, chamber officials and Mayor Betsy Price discussed the importance of economic development to the city. Price, Bass and Rose will be campaign co-chairs of the Forward Fort Worth campaign.
The increased funding will be used primarily to increase work force initiatives along with international recruitment, according to David Berzina, executive vice president for economic development for the chamber.
The Forward Fort Worth budget will break down into five parts, according to the chamber.
• 39 percent, or $590,000 for domestic recruitment
• 21 percent or $320,000 for talent attraction and development/education
• 15 percent or $220,000 for existing industry
• 14 percent or $210,000 for research
• 11 percent or $160,000 for international recruitment
The funds for these economic development programs are raised privately, not with public dollars, chamber officials noted. Since the Fort Worth Chamber began economic development work in 1989, it has influenced more than 1,100 business relocations or expansions creating about 250,000 jobs, according to the organization.
Berzina pointed out that several cities that compete with Fort Worth have much larger economic development budgets. Tulsa’s economic development budget is about $3.5 million and Austin’s is over $4 million, he said.
Price, who just returned from an international trip to South America, noted the interest in Fort Worth in international markets.
“There’s real progress being made in China, Australia, Brazil, Peru – even in Peru people were really interested – those are major emerging markets for us and we’ve come a long way,” said Price.
 

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