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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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Dallas company proposes oil pipeline through Iowa

DES MOINES, Iowa (AP) — A Texas company wants to run through Iowa a pipeline that would carry crude oil from North Dakota's Bakken oil fields to Illinois.

The Des Moines Register says (http://dmreg.co/1q1glPe) the underground route through Iowa would begin in Lyon County and slice southeast through 15 other counties and exit at Lee County.

Energy Transfer Partners LP of Dallas is proposing the pipeline, which would carry at least 320,000 barrels of crude a day and end in Patoka, Illinois. Energy Transfer Partners says there would be railroad access from Patoka to several markets.

The project faces Iowa regulatory reviews from the Utilities Board and the Department of Natural Resources. The company wants to begin operation of the pipeline by the end of 2016.

 

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