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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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Dewhurst calls for long-range education plan

 

CHRIS TOMLINSON, Associated Press

 

 


AUSTIN, Texas (AP) — Lt. Gov. David Dewhurst called on the state's senators Thursday to draft a new long-range plan to boost education performance in Texas schools and universities.

In remarks prepared for a United Negro College Fund benefit Thursday in Grapevine, Dewhurst called for a review of "Closing the Gaps 2015," a program developed in 2000 that has guided education policy in Texas. He said Texas has made great progress since 2000 and that lawmakers should review the successes and develop a new road map for the next 15 years.

"We must keep working to improve the way we equip young Texans to take their place in our state's uniquely robust economy," he said. "Texas is still the best place in the country to pursue the American Dream and a quality education only makes it more attainable."

As lieutenant governor, Dewhurst presides over the Texas Senate. And while lawmakers are not in session, he charges committees to investigate issues for future legislation. The committees are developing bills for the 2015 legislative session.

The Texas Higher Education Coordinating Board adopted "Closing the Gaps 2015" after studies showed Texas children lagged behind other states in school attendance, graduation rates, test scores and university research. The program called on state officials to hire better school teachers, enforce tougher high school graduation standards, provide more affordable colleges and encourage top universities to engage in more research.

While the state has improved test scores, graduation rates and university research programs, Texas still lags behind other states. In recent years, lawmakers have cut per-student spending on public schools, lowered high school graduation requirements, cut university funding and allowed higher tuition at public universities.

The task for developing a new plan falls on the Senate Higher Education Committee. Dewhurst also called on the committee to explore how technology can boost university education, including the use of massively open online courses. The committee will also review STAAR written testing procedures and implementation of legislation passed in 2013.

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