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Two from Fort Worth appointed by Gov. Abbott to university boards

Steve Hicks, a University of Texas System regent who has been a vocal opponent of regents who have criticized the system’s flagship campus in Austin, was reappointed to the board by Gov. Greg Abbott on Thursday. 

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Fort Worth draws closer to deal with Lancaster developer

City staff are planning to introduce the developer Feb. 3 at a meeting of the City Council's Housing and Economic Development Committee.

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Compass BBVA names Happel CEO for Fort Worth

BBVA Compass has appointed Brian Happel, most recently the Fort Worth city president, its chief executive officer of Fort Worth.

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Fort Worth minority business receives nationwide grant

Cuevas Distribution Inc., a minority- and woman-owned business in Fort Worth, is one of 20 small businesses nationwide to receive a $150,000 grant from Chase as part of the Mission Main Street program.

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Arlington's Entertainment District moves forward

Arlington is moving closer to developing its Entertainment District north of AT&T Stadium.

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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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