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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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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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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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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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Vought move may bring 500 jobs to Arlington

 

Vought Aircraft, a division of Triumph Aerostructures, is making a move to Arlington that may bring about 500 jobs to the city.


Vought Aircraft is relocating its engineering services operations, including aerospace product development, as well as its division management and shared services to a 100,000 square foot facility at 1401 Nolan Ryan Expressway. When complete, Triumph will relocate approximately 500 full time employees and related contractors to this facility, with an average salary of $100,000, according to a city of Arlington release. Most of those workers were previously at a Vought plant in Dallas that is being closed.


The Arlington City Council recently approved a 10 year performance-based grant in an amount not to exceed $120,000 annually. The grant will help offset costs related to relocation and retrofitting the facility to accommodate Triumph’s operations.
Triumph Aerostructures’ Vought Aircraft Division designs, tests and manufactures aerostructures for commercial, military and business jet aircraft. Products include fuselages, wings, empennages, nacelles and helicopter cabins. It is a subsidiary of Triumph Group Inc., which purchased Dallas-based Vought Aircraft Industries Inc. in June 2010.
 

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