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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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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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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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BNSF plans to add 5,000 workers

BNSF locomotives. Photo courtesy of BNSF

Scott Nishimura
snishimura@bizpress.net

BNSF plans to hire more than 5,000 people this year across its network, including about 2,000 for expansion, the company said Tuesday.

“We see growth,” Carl Ice, the CEO, said in an interview on CNBC.

BNSF handled half of the railroad’s unit growth in 2013. In the fourth quarter, the company saw “surges in our commodity traffic, grain, energy, coal,” he said.

“That did strain our resources,” he said.

As for the winter, he said, “it’s been a very harsh winter. That had a detrimental impact to our customers, but we see broad-based growth. We’ve had several good weeks this year, despite the weather. We see positive momentum now.”

Steven Forsberg, a spokesman for the Fort Worth company said most of the new hires will replace retiring workers.

But 2,000 “will be for expansion to handle traffic growth on our network” he said.

BNSF employs about 3,500 in Fort Worth. Forsberg said he could not provide a projected employment breakdown for Fort Worth or other cities or states in the company’s network.

BNSF in February announced a projected record capital commitment plan of $5 billion for 2014, $1 billion over the capital it spent in 2013.

The capital plan includes $2.3 billion on BNSF’s core network and related assets. BNSF also plans to spend about $1.6 billion on locomotives, freight car, and other equipment.


 

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