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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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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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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 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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Rick Perry, 2 other GOP governors blast Medicare Advantage rates

TALLAHASSEE, Fla. (AP) — Three Southern Republican governors are writing President Barack Obama to complain about newly announced Medicare Advantage payments.

Florida Gov. Rick Scott, Texas Gov. Rick Perry and Louisiana Gov. Bobby Jindal signed the April 15 letter that says changes to Medicare Advantage payments will harm "America's seniors." The changes are blamed on the nation's health care overhaul.

The letter contends an announcement from the Centers for Medicare and Medicaid Services that payments will increase "amounts to little more than political theater."

CMS earlier this month said 2015 payments should increase less than 1 percent overall. Analysts expect actual funding to fall when many other variables are considered.

This might lead to fewer changes for the privately-run plans, which serve nearly 16 million people, or about 30 percent of all Medicare beneficiaries

 

 

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