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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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Oil stays above $104 amid Ukraine jitters


The Associated Press

BEIJING (AP) — The price of oil edged down Monday but stayed above $104 per barrel as investors watched simmering tensions in Ukraine.

U.S. crude for May delivery was down 12 cents at $104.18 in electronic trading on the New York Mercantile Exchange after trading resumed following a three-day holiday weekend. The contract rose 44 cents to $104.30 in the previous session.

Markets are on edge at the possibility of European or U.S. sanctions that might disrupt Russian supplies. Tensions were fueled by an Easter morning shooting at a checkpoint manned by pro-Russian insurgents.

Upward pressure on prices was offset last week by a U.S. Energy Department report that showed an increase of 10 million barrels of crude oil supplies, the largest in 13 years.

Brent crude, an international benchmark for oil, was down 38 cents at $109.15 on the ICE Futures exchange in London.

In other energy futures trading in New York:

— Wholesale gasoline fell 0.0014 cents to $3.00830 a gallon.

— Natural gas was up 0.8 cents at $4.749 per 1,000 cubic feet.

— Heating oil was flat at $2.99 a gallon.

 

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