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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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Fort Worth appoints acting CFO

 

A. Lee Graham
Reporter
lgraham@bizpress.net

Jay Chapa, Fort Worth’s Housing and Economic Development director, has been named acting director of Financial Management Services as the city seeks a new chief financial officer.
The move comes two days after Horatio Porter announced his resignation as CFO. Porter, who announced his resignation on May 1, will begin duties as the North Texas Tollway Authority’s CFO and assistant executive director in the next few weeks.
Chapa assumes Porter’s duties on May 15.
Meanwhile, Chapa will lead the department overseeing the city’s financial administration. The Financial Management Services Department is broken into four divisions: administration, accounting, purchasing and treasury.
In his 16 years with the city, Chapa has held leadership positions in its Economic Development, Water and Budget departments. As director for Housing and Economic Development, Chapa is responsible for business retention and recruitment, housing development, grants management, the city’s real property division, small business development, the city’s business diversity office, and all incentive programs, including tax abatement and tax increment financing.
While Chapa oversees Financial Management Services, Housing and Economic Development Assistant Director Cynthia Garcia will serve as the department’s acting director.

 

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