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Dee Lincoln bringing restaurant to Fort Worth's Museum Place

Dee Lincoln is bringing her restaurant to Fort Worth’s Museum Place project. The 5,300-square-foot restaurant, at 3280 W. Seventh St., is expected to open in the first quarter of

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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Kerrville airplane manufacturer announces comeback
 
A. Lee Graham
Reporter
 
Five years after putting the brakes on single-engine airplane manufacturing, Kerrville-based Mooney Aviation Co. Inc. has announced plans to restart production in January 2014.
 
Thanks to funding from California-based Soaring America Corp., Mooney said it is ready to spread its wings once again. Financial details were not disclosed as Mooney plans to resume manufacturing the Acclaim Type S, as well as the Ovation series.
 
"It's a new day for Mooney. And with a new investment group that is committed to the future, we're expecting to make a strong move in the industry," said Chief Financial Officer Barry Hodkin in a news release.
 
“It's been a long time coming and we couldn't be more excited about our return to manufacturing one of the finest and most trusted airplane fleets in the industry," Hodkin said. 
 
The company plans to hire and train a new workforce while reestablishing its supply chain. It plans to recruit up to 100 people within the first year of operation. Positions include technicians, engineers, line workers, accounting and sales people. Within two years, the company said it anticipates employing “significantly more people depending on the demand for its products.
 
Mooney ceased production when recessionary woes struck in 2008 as single-engine aircraft sales dropped by more than 30 percent compared to the previous year. The company now expresses confidence in the industry. More information is available at www.mooney.com.
 
lgraham@bizpress.net

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