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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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More Fort Worth Bike Share stations planned after $554,610 state grant
 

 

A. Lee Graham

Reporter

 

The Fort Worth Transportation Authority plans to use a $554,610 grant from the Texas Department of Transportation’s Transportation Enhancement Program to purchase 10 new bike share stations and 100 bike share bicycles.

The grant — among 81 awarded statewide for projects chosen by the Texas Transportation Commission to receive a total of $91 million in grant funds —must be used for toward capital expenses. Operating expenses spurred by adding the new stations and bicycles will be funded through sponsorships, advertising, memberships and usage fees.

“The additional stations purchased with this grant will go a long way to increase first and last mile connections to existing bus, rail, and bike share options, and we are excited to have a hand in making that happen," said Tony Johnson, executive vice president and chief operating officer for the authority, or The T, commenting in a news release.

Fort Worth Bike Sharing launched on Earth Day in April with 300 bicycles and 27 stations. Three stations have since been added, bringing the current total to 30. Using remaining FTA funds, Fort Worth B-Cycle will expand by 4-6 stations in September, raising the total number to at least 34. This expansion is separate from the TxDOT grant.

Locations for the 10 new stations have not been determined, but they will be installed as early as February 2014.

 

lgraham@bizpress.net

 

 

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