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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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Novartis names new leader for Alcon as Buehler retires

Jeff George 

Swiss drug maker Novartis International AG has appointed new heads of its Fort Worth-based eye care division Alcon and generics division Sandoz, the group’s second and third largest businesses after pharmaceuticals.


Jeff George, who joined Novartis in January 2007 and previously led Sandoz, will replace retiring Kevin Buehler as head of Alcon, effective May 1, Novartis said on April 9.


Richard Francis will become head of Sandoz, the company added. Francis previously had leadership roles in sales and commercial divisions of Sanofi and Wyeth.


Under George’s leadership, Sandoz grew from $7.5 billion in sales in 2009 to $9.2 billion in 2013. He also oversaw Sandoz’ expansion to 164 countries globally, where it has more than 26,000 associates.


The three Alcon businesses – surgical, pharmaceutical and vision care – generated net sales of $10.5 billion in 2013. Alcon has more than 24,000 employees worldwide, with operations in 75 countries and products available in 180 markets.


-Betty Dillard
bdillard@bizpress.net
 

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