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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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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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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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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 Superintendent candidate withdraws from consideration

And then there were none. The lone Fort Worth ISD Superintendent candidate, Dr. Joel D. Boyd, has informed the Fort Worth ISD Board of Education that he is

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RadioShack announces retention bonus plan

RadioShack, which announced plans on Tuesday to close 1,100 stores, has agreed to pay top executives retention bonuses if they meet performance targets.

In a filing with the Securities and Exchange Commission, RadioShack reported that the decision was made "after giving due consideration of the skills and talent deemed critical to the company's business turnaround efforts currently under way, the difficult business environment and the competition for skilled, talented employees,"


CEO Joe Magnacca will get a $500,000 payment, while other executives will receive $187,500 to $275,000, the company said in the filing.Commission, RadioShack reported that the decision was made "after giving due consideration of the skills and talent deemed critical to the company's business turnaround efforts currently under way, the difficult business environment and the competition for skilled, talented employees," To receive the bonuses, executives must stay at RadioShack thourgh March 1, 2015. 

 

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