Feature Stories

Amarillo’s Bell-Boeing Wins $4.8 Million Defense Contract Change

Thu, 20 Jun 2013 00:03:45 -0500

Texas Business reports: An Amarillo firm won a $4.8 million change to an existing defense contract, according to the U.S. Department of Defense.

TDCJ to Close Two Privately Run Jails in August

Thu, 20 Jun 2013 00:03:45 -0500

As the Texas Department of Criminal Justice adjusts to both a tighter budget and a smaller prison population, it has decided to end operations at two privately run Texas prison facilities — the Dawson State Jail in Dallas and the Mineral Wells Pre-Parole Transfer Facility — at the end of the summer.

SEC Charges Two Executives in Ponzi Scheme At Dallas-Based Medical Insurance Company

Wed, 19 Jun 2013 21:31:43 -0500

Texas Business reports: DALLAS—The Securities and Exchange Commission charged two executives at a Dallas-based medical insurance company with operating a $10 million Ponzi scheme that victimized at least 80 investors.

Texas Civil and Environmental Engineering Firm Lands Fracking Project in North Dakota

Wed, 19 Jun 2013 10:55:04 -0500

Texas Business reports: AUSTIN—Southwest Engineers Inc., a full-service civil and environmental engineering consulting firm signed an extensive agreement with Earthwater Resources Inc. for a major project on the Bakken Shale oil and gas zone in North Dakota.

Lucent Capital Arranges $11,835,000 Permanent Loan for the Recapitalization Houston Apartment Building

Wed, 19 Jun 2013 08:54:29 -0500

Texas Business reports: HOUSTON—Beverly Hills, California-based Lucent Capital has arranged $11,835,000 in permanent financing for the recapitalization of Oak Forest Apartments, a 321-unit garden-style apartment complex in Houston, TX owned by an entity affiliated with Beverly Hills-based investment group Archway Holdings Corp.