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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

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AZZ fires energy segement leader, company president steps in
A. Lee Graham

Reporter

AZZ Inc. of Fort Worth has fired Ashok Kolady as senior vice president and chief operating officer of its energy segment effective immediately.

Assuming day-to-day operations of the segment through the rest of the current fiscal year will be Tom Ferguson, the company’s president and CEO. The company specified no reason for Kolady's termination.

AZZ’s management team and board of directors will evaluate appointing another individual to serve as senior vice president of the segment.

"I thank Ashok for the past seven years of service to the company, and I believe he has contributed significantly to what AZZ has become, and wish him well in his future endeavors," Ferguson said in a news release.

"My desire is to grow the energy segment and its platforms more aggressively," Ferguson said.

Ferguson said he plans to focus on accelerating international expansion programs and increasing the company’s emphasis on innovation and development. 

AZZ Inc. provides specialty electrical equipment and engineered services to the power generation, transmission, distribution, and industrial markets, as well as providing hot dip galvanizing services to the North American steel fabrication market.

lgraham@bizpress.net

 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?