CEO Report Dallas Fort Worth
For the first time in over a decade, the Port of Houston saw more imports than exports with a 21.6 percent in crease in inbound containers last year, according to Colliers 2018 Industrial Seaport Outlook. The activity is driving industrial demand in the city, which was seventh in the country for deliveries in 2017. Read more at BisNow.
Texas Wesleyan University broke ground ON A $19-million, 44,000-square-foot Nick and Lou Martin University Center on the East Side of campus. Designed by the Bennett Benner Partners, it will consist of an admissions office, game and study lounges, food court, university bookstore, student meeting rooms and student affairs offices, a 300-person ballroom, and outdoor plaza and amphitheater. Read more at Forth Worth Magazine.
The Cancer Prevention and Research Institute of Texas (CPRIT) has created two new funding programs to support the earliest-stage biotech companies, it’s first new product development grant since August 2017. The agency will grant up to $5 million to the programs combined. Read more at Xconomy.
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S STARTUPS WHO IS GETTING A PIECE OF THIS $10M? Dallas mentor-driven venture capital retail accelerator RevTech has secured its largest funding round to date, and will invest $10 million in more than 25 retail technology and ecommerce startups. READ MORE AT DALLAS...read more
TECHNOLOGY WAL-MART’S INTERNAL INNOVATION CENTER EXPANDS: After four months working at its own semi-private offices at Common Desk in Plano, Wal-Mart Technology now employs 18 engineers with a goal of hiring 50 by the end of the year. The group works to create...read more
HOSPITALITY THE RISE OF HEALTH-CONSCIOUS FOOD TRENDS: The arc of Hail Merry’s life as a company goes from $1 million in sales in the first 18 months to a now-projected $16 million in 2018, offering insight into how health-conscious food trends have evolved over ten...read more
HOSPITALITY COURTS EVEN PLAYING FIELD: A Texas law keeping publicly traded businesses - Wal-Mart, Costco and other giant retailers - from selling hard liquor was ruled unconstitutional, giving family-owned companies who grew into giant chains without competition new...read more