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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

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Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

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Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

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Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

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Encore Wire makes McKinney land purchase
 

A. Lee Graham

Reporter

Encore Wire Corp. of McKinney has purchased about 201 acres of land near its home campus for $25.7 million.

“In order to plan for our future and continue the long-term growth of the company, we have continued to increase our product offerings to our existing customer base in the building wire category,” said president and CEO Daniel L. Jones in a news release.

In 2006, the firm opened an armored cable plant. Two years later, it opened a plant dedicated to producing large tray cable. A research and development center and aluminum wire plant opened in 2010 and 2012, respectively.

“This 200-acre plot, located across the street from our current campus, provides the ability to continue to execute our long-term strategy of organic growth here on our campus in McKinney,” Jones said.

Encore Wire Corp. manufactures copper electrical building wire for interior wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. More information is available at www.encorewire.com.

 

lgraham@bizpress.net

 

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?