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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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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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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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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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Area oil field equipment manufacturer makes acquisition

Antelope Oil Tool & Manufacturing Co. LLC of Mineral Wells has acquired CTE Industries LTD. to broaden its product line.
Headquartered in Edmonton, Alberta, CTE, founded in 2006, is a manufacturer and supplier of oil field cementation equipment. Its products include float shoes, float collars, cement plugs and centralizers for the global oil and gas industry. CTE also provides threading services and supplies steel products, such as mechanical tubing and coupling stock.
No price for the transaction was released.


Antelope is a leading manufacturer of oil field casing and cementing products for offshore and onshore applications. Antelope is backed by Intervale Capital, a private equity firm with offices in Cambridge, Mass. and Houston that invests exclusively in oil field manufacturing and service companies.
"We have been impressed with CTE's rapidly growing market presence,” said George Ribble, Antelope's CEO in a news release. “CTE has established a strong brand globally, best known for its first-class products and reliable service. Following this combination, Antelope will be able to better service our customers by offering a broader product suite."


Dan Laplante, previously President of CTE, will manage Antelope and CTE's combined operations in Canada.
“CTE presents an exceptional opportunity for Antelope to extend its geographic presence into Canada and expand its customer base,” said David Nemeskal, principal at Intervale.
Antelope acquired WearSox L.P. , a pioneer in the development of thermal spray-on casing centralizers, stop-collars and stabilizers in 2013. Antelope was founded in 1961.


www.antelopeoiltool.com
 

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