Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

read more >

Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

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
 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?