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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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Central Texas natural gas power plant to expand

 

TEMPLE, Texas (AP) — Officials say a natural gas-fueled power plant in Central Texas will double in size and supply power to approximately 1.5 million homes.

It was only last September when Dallas-based Panda Power Funds broke ground on a 758-megawatt plant in Temple, about 35 miles southwest of Waco.

Panda announced Thursday that it will double the size of the plant, ultimately generating 1,516 megawatts. Company officials say up to 800 construction jobs will be created and the second generating station will be online by summer 2015.

Panda spokesman Bill Pentak declined to discuss the cost of the project but the U.S. Energy Information Administration estimates it costs $1 million per megawatt of energy being produced. That would mean the latest Panda project will cost about $758 million.

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