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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 construction firm to oversee Fort Worth projects

A. Lee Graham

Reporter

A Dallas construction firm has been awarded the Hemphill Street Connector and Village Creek peak flow storage projects in Fort Worth.

The projects, totaling $41 million, see McCarthy Building Companies Inc. serve as construction manager at risk for work expected to provide Fort Worth with a safe pedestrian area and improved traffic flow between downtown and the city’s medical district, as well as a wastewater storage system that will accommodate for peak flow conditions at the Village Creek Water Reclamation Facility.  

“McCarthy is looking forward to furthering our relationship with the city of Fort Worth,” said Mike McWay, president, in a news release.

“McCarthy is looking forward to working with the city of Fort Worth on these important projects, and we believe everyone will be pleased with the results,” McWay said.

The $12 million Hemphill Street Connector project involves building a roadway and pedestrian pathway tunnel beneath Interstate 30 and a new rail bridge supporting four existing Union Pacific rail lines.

The project will extend from Hemphill Street beyond Vickery Boulevard using a tunnel. Plans call for a four-lane arterial street comprising 12-foot lanes, a railroad bridge, retaining walls, streetlights and traffic signals.

Construction is expected to begin in January 2015 and reach completion by July 2016.

Meanwhile, the $29 million Village Creek Peak Flow Storage project promises three large, earthen and concrete-lined storage basins, a 7,000-linear-foot, large diameter pipeline and modifications to a junction structure and pump station at the city’s largest wastewater plant, located in north Arlington.

Included in the city of Fort Worth’s master plan are recommendations to build the storage system to meet increasing two-hour peak flow rates at the plant before 2016. Construction will begin late 2014.

lgraham@bizpress.net

 

 

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