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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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Toyota recalls 6.4 million cars worldwide

By Sophia Yan

HONG KONG (CNNMoney) – Toyota announced five recalls on Wednesday, affecting a total of 6.39 million vehicles globally.

Recalled vehicles include 27 Toyota models, the Pontiac Vibe and the Subaru Trezia, produced from March 2012 through August 2013.

Toyota plans to inspect and replace some car parts if necessary, including the seat rails, steering column bracket, engine starter, windshield wiper motor and spiral cable, according to a statement.

"Toyota is not aware of any crashes, injuries or fatalities caused by these conditions," the company said in a statement.

Shares of the company fell as much as 4.9% in Tokyo trading on Wednesday after the recall was issued. Toyota has tumbled more than 15% so far this year.

This is Toyota's second major global recall this year. In February, the Japanese automaker recalled 2.1 million vehicles involving its Prius, RAV4, Tacoma and Lexus vehicles, because of a software problem that could cause cars to stop suddenly.

 

 

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