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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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Oil little changed near $101 after tumble


The Associated Press

The price of oil was little changed near $101 a barrel Tuesday after tumbling because of data suggesting China's economy might continue to slow this year.

Benchmark U.S. crude for April delivery was up 19 cents to $101.31 a barrel at 0655 GMT in electronic trading on the New York Mercantile Exchange. The contract fell $1.46 to close at $101.12 on Monday after China reported a steep drop in February exports.

Brent crude, used to set prices for international varieties of crude, was up 12 cents to $108.20 on the ICE exchange in London.

Last week, oil was pushed higher by Russia's military incursion into the Crimean peninsula, a largely Russian-speaking region of Ukraine. Russia is one of the world's major producers of oil and there was a possibility the West would respond with economic sanctions against Russia.

Russia has said it is drafting counterproposals to a U.S. plan for a negotiated solution to the crisis, denouncing the new Western-backed government in the Ukraine as unacceptable. Russian forces are strengthening their control over Crimea.

In other energy futures trading on Nymex:

— Wholesale gasoline was unchanged at $2.95 a gallon.

— Heating oil was down 0.3 cent at $2.965 a gallon.

— Natural gas gained 0.6 cent to $4.657 per 1,000 cubic feet.

 

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