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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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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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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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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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PMFG lands $10M energy contract, chief upbeat on natural gas’ future

A. Lee Graham

Reporter

PMFG Inc. of Dallas has been awarded a new contract with Peerless’ environmental systems unit valued at more than $10 million.

The contract is for multiple selective catalytic reduction systems to be installed as part of a new 2,600-megawatt natural gas-fired combined cycle power plant in Taiwan. The project is scheduled to be completed by the fall of 2016.

"Although the global shift to natural gas by large utility customers has been slower than the market anticipated, we believe the transition is gaining momentum and we are very well positioned to leverage this opportunity around the world,” said CEO Peter J. Burlage in a news release.

“This new order is a great win for PMFG and we are proud to be part of a high efficiency, low emission power plant in the Asia Pacific region,” Burlage said.

Including the newly announced contract, Burlage said he expects net bookings for the fiscal year ending June 28, 2014 to increase more than 50 percent over the prior year.

“We expect the region will remain a key growth avenue for the company as power demand grows and emissions standards tighten," Burlage said.

PMFG provides custom-engineered systems and products designed to help ensure safe, efficient and clean energy delivery. It primarily serves power generation, natural gas infrastructure and petrochemical processing markets.

lgraham@bizpress.net

 

 

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