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Trademark closes on 63-acre Waterside site in Fort Worth

Construction begins Oct. 20 on the development, to be anchored by a Whole Foods Market.

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UPDATE: $215M hotel, indoor ski project planned for Grand Prairie

Officials in Grand Prairie are expected later today to announce a $215 million project that will include a Hard Rock Hotel and an indoor ski facility.

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Two Fort Worth council members propose temporary single-family moratorium around TCU

The moratorium would apply to new permits for single-family homes around TCU, and give the city time to figure out what to do with a controversial proposed overlay in several neighborhoods around the university.

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Fresh Ebola fears hit airline stocks

DALLAS (AP) — News that a nurse diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

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Landscape architect behind several TCU landmarks acquired

The Dallas design firm behind several Texas Christian University projects, as well as Globe Life Park in Arlington and AT&T Stadium, has been acquired by Rvi Planning + Landscape Architecture.

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GM officially opens new stamping plant in Arlington

Raw sheet metal is stamped into automotive parts at the new General Motors Arlington Stamping plant Monday, October 14, 2013 in Arlington, Texas. GM Arlington’s new contiguous stamping facility represents a $200 million investment in Texas and marks the resurgence of American manufacturing and a commitment to manufacturing excellence within General Motors. (Photo by Mike Stone for General Motors)

The first of three mammoth stamping presses is up and running at General Motors’ newest stamping facility in Arlington. The $200 million contiguous stamping plant, announced in 2012, adds 180 jobs to GM’s Arlington manufacturing complex and is one of 10 contiguous stamping operations globally that started production in the last five years.


The first Arlington-stamped product was a 2014 Cadillac Escalade on display at the site’s official grand opening on Oct. 14 attended by Tim Lee, executive vice president, global manufacturing and chairman, GM China.
“Our stamping team takes GM’s creative designs and makes them a reality, forming metal into shapes that please our customers and define a product’s identity,” Lee said. “They ensure hundreds of metal parts come together to fit snugly, but open and close with ease. And they produce perfectly smooth body panels so our paint shops can apply a pristine coat of paint for our customers.”
The new stamping facility will produce large metal parts, such as doors, hoods and side panels, for the next generation of the full-size SUVs. The Arlington plant is the lone source for Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades sold globally.


The Arlington plant today receives stampings from several GM locations, some more than 1,000 miles away. The new stamping facility will save about $40 million in logistics costs each year, according to GM.
“Arlington Stamping is the latest example in GM’s strategy to improve quality and reduce cost,” Lee said. “The money we save can be reinvested in our products and technologies that add value to our customers.”
In January 2012, the city of Arlington approved a 10-year, 90 percent tax abatement for the expansion.


The GM Arlington assembly plant employs over 2,500 workers, most represented by UAW Local 276. An estimated 1,140 SUVs are built there every day. The plant makes the Chevrolet Tahoe, Chevrolet Suburban, GMC Yukon and the Cadillac Escalade vehicles
As part of the stamping plant opening ceremony, GM, the GM Foundation and UAW leaders announced $75,000 in contributions to local charities. - Robert Francis
 

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