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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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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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Fort Worth Chamber names Small Business of the Year winners

A trampoline recreation business; an oilfield services company; a longtime aviation maintenance firm; a maker of electrical wiring harnesses. Those were the wide variety of businesses that received the 2015 Small Business of the Year Award from the Fort Worth Chamber of Commerce.

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Body-camera maker has financial ties to former Fort Worth police chief, others

IOWA CITY, Iowa (AP) — Taser International, the stun-gun maker emerging as a leading supplier of body cameras for police, has cultivated financial ties to police chiefs whose departments have bought the recording devices, raising a host of conflict-of-interest questions.

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GM Financial to expand Arlington operations center

 

Scott Nishimura
snishimura@bizpress.net

General Motors Financial has purchased a 240,000-square-foot building in Arlington to expand its nearby operations center. The facility is on 22 acres near Interstate 20 and Collins Street and will accommodate 800-900 employees, most of them new hires over the next two to three years.

GM Financial will use the new space for operations and as a training and conference center, the company said in a news release.

GM Financial, whose headquarters are in downtown Fort Worth, said it would begin moving into the building within “the new few months” but expected renovations would take 24 months to finish. The company said renovations will include upgrading the facade, parking lot and interior of the building, which formerly housed a customer service center for a major financial institution.

“The purchase of this building demonstrates the continued growth and expansion that GM Financial has experienced during the past three years,” CEO Dan Berce said in the release. “We have more than doubled our employee base in North America and are pleased to have acquired this additional office space in such close proximity to our existing operations center.”

The building is one block east of two buildings now occupied by nearly 2,150 GM Financial employees and used for operations and customer service.

GM Financial, which employs 4,600 people in North America and 6,200 worldwide, also has customer service centers in Chandler, Arizona; Huntersville, North Carolina; and Peterborough, Ontario, in Canada. The company has 17 credit centers in the U.S. and Canada.
 

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