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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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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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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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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 Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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Bell Helicopter, Lockheed Martin team on V-280 Valor

A. Lee Graham

Reporter

Bell Helicopter Inc. of Fort Worth and Lockheed Martin Corp. have teamed up on the Bell V-280 Valor, making Lockheed Martin the first of Bell’s V-280 program tier one team members.

More team members will be announced in coming months.

"We are very excited about teaming with Lockheed Martin on the V-280,” said John Garrison, president and CEO of Bell Helicopter in a news release.

A Lockheed Martin spokesman echoed that sentiment. The Maryland company’s aeronautics segment is based in Fort Worth.

“We made the strategic decision to invest in a mission system and provide Bell Helicopter with this leap-ahead combat capability on the V-280 Valor,” said Dale P. Bennett, executive vice president, Lockheed Martin Mission Systems and Training.

The Bell V-280 Valor recently was selected by the U.S. Army to enter into negotiations for the Joint Multi-Role Technology Demonstrator program, with contracts expected to be awarded sometime this month.

What Bell called the Valor’s versatile design can perform missions with unparalleled speed, range and agility, making the aircraft a combat multiplier. The company called the V-280 the most advanced and operationally effective vertical lift solution, providing the warfighter a decisive advantage.

Bell Helicopter, a wholly owned subsidiary of Textron Inc., builds commercial and military, manned and unmanned vertical-lift aircraft. Its global workforce serves customers flying Bell aircraft in more than 120 countries. More information is available at www.textron.com.

lgraham@bizpress.net

 

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