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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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26-story mixed-use tower planned at Taylor & Fifth in downtown Fort Worth

Jetta Operating Co., a 24-year-old privately held oil and gas company in Fort Worth, and a related entity plan a 26-story mixed-use tower downtown at Taylor and Fifth streets on a site once owned by the Star-Telegram.

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UPDATE: Six candidates file for two Water Board seats

Six candidates have filed for the two open seats on the Tarrant Regional Water Board, setting up a battle that could potentially shift the balance of power on the board and the priorities of one of the largest water districts in Texas.

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Top area CFOs honored

The Fort Worth Business Press honored 13 area chief financial officers today with a luncheon at the Fort Worth Club.

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Fort Worth breaks ground on $8.6 million South Main renovation

Fort Worth Near Southsiders and city officials broke ground Monday on the 18-month rebuild of South Main Street between Vickery Boulevard and West Magnolia Avenue.

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Comerica Bank names market president for Fort Worth

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Don Hellman

Comerica Bank has named Donald P. Hellman its first Fort Worth market president, the bank announced June 25.
Hellman, with 32 years of commercial banking experience in the Dallas-Fort Worth area, has led Comerica’s middle market business in Tarrant County since 2008. He will continue in that role, and as Fort Worth market president, his new responsibilities will include supporting the bank’s customer initiatives and overall business and community development efforts across its retail, business bank and wealth management businesses.
“After many successful years in banking in Dallas, we tasked Don, who began his banking career in Fort Worth in 1981, with opening our Tarrant County regional headquarters in 2008, in the midst of the financial market downturn,” said Faubion. “In that very challenging environment, Don helped grow our client base in Tarrant County, a success story that is a testament to his leadership abilities and business acumen, as well as Comerica’s strength and stability.”
An Irving native, Hellman is active in community and civic affairs, serving on the board of directors for Downtown Fort Worth Inc. and Communities in Schools of Greater Tarrant County. He is also an active member of the Fort Worth Chamber of Commerce.
Comerica Inc. is a financial services company headquartered in Dallas, and focuses on three business segments: The Business Bank, The Retail Bank, and Wealth Management.
In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states as well as in Canada and Mexico. Comerica reported total assets of $64.9 billion at March 31, 2013.
Comerica Inc. trades on the New York Stock Exchange under the symbol “CMA.”
 

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