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Obama calls for offshore drilling in Southeast

WASHINGTON — The Obama administration on Tuesday outlined a politically fraught plan for allowing oil and gas drilling offshore along parts of the Atlantic coast while imposing new restrictions on environmentally fragile waters off northern Alaska.

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Alliance's Hillwood Commons lands first tenant

A large title insurance, property valuation and settlement services company is the first tenant at Hillwood Commons I, an office complex at Alliance Town Center.

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Energy Transfer Partners, Regency Energy announce $18B merger

Energy Transfer Partners LP of Dallas and Regency Energy Partners LP have entered into a definitive merger agreement.

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Fort Worth's mayor looking for new chief of staff

Jason Lamers is leaving the city after 14 years to join Burlington Northern Santa Fe.

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Podcasting superstar from 'Serial' coming to Fort Worth

If you hear yourself hearing a certain haunting theme in early August as you pass the Omni Fort Worth Hotel, don’t be alarmed.

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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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