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Laredo Dentist and His Wife Convicted of Health Care Fraud Following State and Federal Investigation

Texas Business reports: LAREDO - Laredo dentist Dr. Carlos Armin Morales-Ryan, 45, and his wife local orthodontist Dr. Nelia Patricia Garcia-Morales, 42, have pleaded guilty to a criminal information admitting they made false statements on bills to Texas Medicaid, United States Attorney Kenneth Magidson announced. 

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Default and Lost Opportunities: A Message from Argentina for Euro-Zone Countries

Texas Business reports: Persistent euro-zone turmoil has kept the world economy on edge, according to the Federal Reserve Bank of Dallas. Doubts about the ability of many countries in the single-currency region to service their sovereign debt are rising along with the interest rates the affected nations must pay to roll over maturing obligations.

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Caisson Biotech Enters into Development and License Agreement with Novo Nordisk

Texas Business reports:  OKLAHOMA CITY & AUSTIN, Texas—Caisson Biotech LLC, a biopharmaceutical company with a patented heparosan-based drug delivery technology,  entered into a development and license agreement with Denmark's Novo Nordisk A/S, a provider of diabetes care.

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TexasBusiness.com

Proserv to Expand Through Business Venture With Weatherford International

Texas Business reports:  HOUSTON—Energy production technology services company Proserv expanding its subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people. 

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TexasBusiness.com

Rice University chemical engineering students’ plan would make Chinese gas ‘green’ and profitable   | natural gas, natgas, shale gas, China, CHBE, Pandas,
Rice University chemical engineering students’ plan would make Chinese gas ‘green’ and profitable
Texas Business reports: Rice University chemical engineering students designed an environmentally friendly process for turning shale gas extracted from China’s Sichuan Basin into a range of profitable products.  Full Story »
TexasBusiness.com

Atwood Oceanics Reaches Contract for the Atwood Hunter

Texas Business reports:  HOUSTON—An Atwood Oceanics Inc.’s subsidiary won a drilling services contract by a subsidiary of Noble Energy Inc. for the Atwood Hunter for three firm wells with a minimum total duration of 150 days plus one option well.

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TexasBusiness.com

Luminex Corporation Receives CE Mark for Newborn Screening Platform

Texas Business reports:  AUSTIN—Luminex Corporation received CE marking of both the xMAP NeoPlex4 Assay and NeoPlex System. 

 Full Story »
TexasBusiness.com

Fort Worth Firm Wins $15.3 Million Utility Chopper Support Contract

Texas Business reports: A Fort Worth firm wins $15.3 million contract to support the operations of 30 utility helicopters in Iraq and Tennessee, the U.S. Department of Defense announced.

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Bell Helicopter Wins Support Agreement for Iraqi Bell 407s

Texas Business reports:  FORT WORTH—Bell Helicopter, a Textron Inc. company won a contract from US Army Contracting Command, Redstone Alabama  for the procurement of contractor logistics support for 30 Bell 407 helicopters in service with the Iraqi Army.

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Shimadzu Scientific Instruments and The University of Texas at Arlington Form Shimadzu Center for Advanced Analytical Chemistry

Texas Business reports:  ARLINGTON— Shimadzu Scientific Instruments  opened the Shimadzu Center for Advanced Analytical Chemistry at The University of Texas at Arlington.

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TexasBusiness.com

For Falfurrias, Border Checkpoint Brings Challenges   | brn_har_txbz, elp_txbz, lar_txbz,  mca_edi_miss_txbz, falfurrias, border patrol,
For Falfurrias, Border Checkpoint Brings Challenges

FALFURRIAS — The Falfurrias Border Patrol checkpoint, the most effective operation of its kind in the nation, has been so successful at stopping traffickers from moving drugs and immigrants through the area that it has created a new problem: teenagers are doing more of the dirty work and suffering no consequences if they’re caught. 

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By Efren Salinas For Reporting Texas

RadioShack Expands Into Southeast Asia With Berjaya Master Agreement

Texas Business reports:  KUALA LUMPUR, Malaysia, and FORT WORTH, Texas—RadioShack Corp., a national retailer of mobile and technology products, services and accessories, and Berjaya Retail Berhad, a Malaysian retail group with diverse franchised brands, have signed a master development agreement that substantially expands RadioShack's global footprint across 10 Southeast Asian countries.

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Study Looks at Migrant Mental Health

Texas Business reports:  Long hours of backbreaking work in the fields, on construction sites or as day laborers, along with being away from family and friends for days, months or years can take a toll on the mental health of migrant workers.

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TexasBusiness.com

French Firm Acquires Houston’s TH Hill

Texas Business reports:  HOUSTON—Bureau Veritas signed an agreement to acquire TH Hill, a worldwide leader in oil & gas drilling failure prevention and analysis services. The transaction is expected to be completed in April, upon clearance by the relevant authorities.

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American Airlines and China's Hainan Airlines Launch New Codeshare Service

 Texas Business reports:  FORT WORTH—American Airlines and Beijing-based Hainan Airlines implemented their new codeshare agreement, providing significant opportunities for American in China and for Hainan in the United States. 

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TETRA Technologies Acquires Optima Solutions In $62 Million Deal   | hou_txbz, Tetra, Optima, UK, rig cooling,
TETRA Technologies Acquires Optima Solutions In $62 Million Deal

Texas Business reports: THE WOODLANDS—TETRA Technologies Inc.’s subsidiary, TETRA Investments Company U.K. Limited, acquired Optima Solutions Holdings Limited ( Optima ) for GBP 40 million (approximately $62.7 million equivalent) plus contingent consideration to be paid in the future depending on profitability.

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DFW International Airport and Dubai Airport Freezone Authority sign Memorandum of Understanding

Texas Business reports:  Dallas/Fort Worth (DFW) International Airport, operator of the DFW Airport Foreign Trade Zone, and the Dubai Airport Freezone Authority (DAFZ) signed a Memorandum of Understanding which creates a framework for a collaborative alliance between the two organizations. 

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TexasBusiness.com

Indian district plans to adopt 50,000 I-slate tablets  | hou_txbz, Rice University, islate, I-slate, India,
Indian district plans to adopt 50,000 I-slate tablets

Texas Business reports: HOUSTON—The U.S.- and Singapore-based creators of the I-slate educational tablet and local government officials in India’s Mahabubnagar District plan to adopt 50,000 of the low-cost electronic educational slates into middle and high school classrooms throughout the district over the next three years.

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Baylor College of Medicine's Medical Genetics Lab expands in Latin America

Texas Business reports:  HOUSTON—Physicians and patients in Brazil now will have access to advanced genetic testing technologies through a new partnership between Baylor College of Medicine’s Medical Genetics Laboratory and DASA, a major, Brazil-based medical diagnostic laboratory that serves as the largest medical reference lab in Latin America and is the fourth largest provider of diagnostic services in the world.

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TexasBusiness.com

Texas Firm Receives Approval To Market Drug In Australia

Texas Business reports: ADDISON—ULURU Inc. received an Australian Register of Therapeutic Goods Certificate from the Therapeutic Goods Administration to market the drug Altrazeal in Australia.

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TexasBusiness.com

Arlington Firm Wins $19.5 Million Malaysian Military Contract

Texas Business reports: An Arlington firm won a $19.5 million contract for a flight trainer and support of the air force of Malaysia, the U.S. Department of Defense announced.

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TexasBusiness.com

Atwood Oceanics Wins Contract for the Atwood Beacon

Texas Business reports: HOUSTON—A subsidiary of Atwood Oceanics Inc. won a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon.

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Huntsman Begins Construction on $40 Million Asia Pacific Technology Center

Texas Business reports:  SHANGHAI— Huntsman Corporation began construction on its Asia Pacific Technology Center in Shanghai's Minhang Economic & Technological Development Zone.

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TexasBusiness.com

Texas Invests $1.2 Million in Continental Automotive Systems Inc. in Seguin

Texas Business reports: The state is investing $1.2 million through the Texas Enterprise Fund (TEF) in Continental Automotive Systems Inc., to relocate production of its sensors and actuators from Europe and Asia to its plant in Seguin, reportedly creating 300 new jobs and $113 million in capital investment.

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TexasBusiness.com

DFW’s First Nonstop Middle East Passenger Flights Start

Texas Business reports:  DFW AIRPORT—The inaugural Emirates flight from Dubai to Dallas/Fort Worth arrived today at DFW International Airport, welcomed by a traditional “shower of affection” water cannon salute and a gathering of community leaders. 

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London’s Hays Expands Into Houston

Texas Business reports:  LONDON—Hays, a specialist recruiting group, opened an office in Houston.

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Scotland’s Weir Group Acquires Dallas’ Novatech LLC

Texas Business reports:  GLASGOW, Scotland—The Weir Group PLC   plans to acquire Novatech LLC, a US manufacturer of well service pump valves and valve seats for upstream oil and gas applications, for $176 million in cash.

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FASTSIGNS to Enter Puerto Rico With Five-Unit Franchise Deal

Texas Business reports:  CARROLLTON—FASTSIGNS International Inc., reached a deal with three business leaders in Puerto Rico to bring five locations to the island in the next five years.


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Safety and Security Business of Mexico

Texas Business reports:  An Austin cargo firm is participating with 13 other American firms in an exploration of Mexico’s safety and security business.

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Austin's EZCORP to Acquire Controlling Interest in Crediamigo

Texas Business reports:  AUSTIN—EZCOR  Inc., a provider of specialty consumer financial services, entered into a definitive agreement to acquire a 60% ownership interest in Prestaciones Finmart, S.A. de C.V., SOFOM, E.N.R. (Crediamigo), a specialty consumer finance company headquartered in Mexico City.


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TexasBusiness.com

Lufkin Industries Acquires Datac Instrumentation and RealFlex

Texas Business reports: LUFKIN—Lufkin Industries Inc. completed the acquisition of Datac Instrumentation Limited and RealFlex Technologies Limited.


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Fort Worth Firm To Provide $16.1 Million Aircraft, Support To Lebanon

Texas Business reports: A Fort Worth firm won a $16.1 million contract to provide an aircraft with support to Lebanon, the U.S. Department of Defense announced.


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Oceaneering Wins BP Angola Contract

Texas Business reports: HOUSTON—Oceaneering International Inc. won a three-year Field Support Vessel Services contract from BP PLC.

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Oceaneering Acquires AGR Field Operations For $230 Million

Texas Business reports:  HOUSTON—Oceaneering International Inc. announced its wholly-owned Norwegian subsidiary, Oceaneering AS, closed the previously-announced definitive agreement to acquire AGR Field Operations (AGR FO). 


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Glori Energy Expands Into Brazil

Texas Business reports: HOUSTON—Glori Energy signed a field implementation contract with Brazil's Petrobras. 

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TexasBusiness.com

Japan Selects Lockheed Martin F-35 Lightning II

Texas Business reports:  FORT WORTH—The Japan Ministry of Defense selected the Lockheed MartinF-35 Lightning II as the Japan Air Self Defense Force's (JASDF) next generation fighter aircraft, following the F-X competitive bid process. 

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TexasBusiness.com

Fort Worth Firm Wins $600 Million Contract To Provide Oman Fighter Jets

Texas Business reports:  A Fort Worth firm won a $600 million contract to provide jet fighter aircraft to Oman, according to the U.S. Department of Defense. 

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Gujarat State Petronet Limited Selects Energy Solutions International for Gas Pipeline Project

Texas Business reports:  HYDERABAD, India—Houston-based Energy Solutions International (ESI) announced that Gujarat State Petronet Limited (GSPL) decided to expand its deployment of PipelineStudio. 

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Japanese Troops Conduct Successful Patriot Test Firings

Texas Business reports:  EL PASO—The Japanese Air Self Defense Forces (JASDF), operating Raytheon Company's Patriot Configuration-3 systems, successfully concluded its annual training exercise at Fort Bliss, Texas.

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Sabre Airline Solutions Powers Ethiopian Airlines' Alliance Entry

Texas Business reports:  SOUTHLAKE—Sabre Airline Solutions, the aviation industry's largest software-as-a-service provider, delivered a number of new capabilities to Ethiopian Airlines to enable its entrance into the Star Alliance airline network.


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AvStar Aviation Group Forms Alliance For Florida-Caribbean Passenger and Freight Markets

Texas Business reports: HOUSTON—AvStar Aviation Group Inc. announced that its wholly owned subsidiary Twin Air Calypso Limited Inc. formed an alliance with Berry Aviation Inc. (Berry Aviation) of San Marcos, Texas.

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TexasBusiness.com

Forbes Energy Services to Sell Mexico Business For $30 Million

Texas Business reports: ALICE—Forbes Energy Services Ltd.  and certain of the company's subsidiaries entered into a purchase agreement with Dirivera Investments LLC and RGV Holding S.A. de C.V. covering the sale of substantially all of Forbes Energy's assets currently located in Mexico as well as the company's equity interests in Forbes Energy Services Mexico Servicios de Personal, S. de R.L. de C.V. for aggregate cash consideration of $30 million.

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United Inaugurates Houston-Lagos Flights

Texas Business reports:  HOUSTON—United Continental Holdings, Inc. (NYSE: UAL) started  daily scheduled passenger service between Texas and Africa with new nonstop flights between Houston and Lagos, Nigeria. 

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Williamson-Dickie Launches Middle East Operations

Texas Business reports:  FORT WORTH—Work wear brand Williamson-Dickie Mfg. Co. has announced plans to open a registered entity in the Middle East. 

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Radiant Logistics To Acquire Isla International of Laredo

Texas Business reports:  Washington state’s Radiant Logistics Inc., a domestic and international logistics services company, agreed to acquire the assets of Laredo-based Isla International Ltd., a  privately-held company that provides a full range of cross-border transportation and logistics services between the United States and Mexico. 

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Energy Solutions International Selected by Hong Kong Electric for the Lamma Island Gas Project

Texas Business reports:  STOCKTON, England—Houston’s Energy Solutions International, (ESI) announced that Hong Kong Electric (HEC) has selected ESI’s PipelineManager for deployment as part of its extension to the Lamma Island natural gas system.

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TexasBusiness.com

Wingstop Signs Master Agreement to Open 120 Restaurants in Mexico

Texas Business reports:  RICHARDSON—Based on the success of its stores in Mexico City, Wingstop announced the company will add 120 restaurants across Mexico over the next seven years, thanks to a master franchise agreement with WIS Master S.A. de C.V.


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Customs and Border Protection Opens Pedestrian Border Crossing System in El Paso with Unisys Support

Texas Business reports:  Unisys Corporation is assisting the U.S. Customs and Border Protection (CBP) agency in opening the first pedestrian border crossing in El Paso that deploys a combination of gate systems, mobile handheld devices and radio frequency identification (RFID) technology to more efficiently identify and process pedestrians crossing the border into the U.S.


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Optex Systems, Inc. Wins $7.8 Million Award Under Contract From International Defense Customer
Texas Business reports:  RICHARDSON—Optex Systems, Inc., a wholly owned subsidiary of Optex Systems Holdings Inc.  and a manufacturer of optical sighting systems and assemblies for domestic and foreign military and related applications, received a $7.8 million award from an international defense contractor to upgrade the sighting system apparatus in a fleet of combat vehicles for the armed forces of a G-20 nation. Full Story »
TexasBusiness.com

Brinks and KEDARit Complete Software Deployment in Latin American Countries
Texas Business reports:  LEWISVILLE—KEDAR Information Technologies completed deployment of IT  software for Brink’s Corporation offices located in 10 Latin American countries. Full Story »
TexasBusiness.com

Oil Exploration Would Endanger the Most Biodiverse Region in the Western Hemisphere, Say Scientists
Texas Business reports: AUSTIN—An international team of scientists that includes two University of Texas at Austin researchers has found that Ecuador's Yasuní National Park, which sits on top of massive reserves of oil, is in the single most biodiverse region in the Western Hemisphere. Full Story »
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Brigham Exploration Company Announces $4.4 Billion Merger Agreement With Norway's Statoil ASA

Texas Business reports:  AUSTIN—Brigham Exploration Company and Norway’s  Statoil ASA   entered into a definitive merger agreement for Statoil ASA to acquire Brigham Exploration Company for US$36.50 per share by means of an all-cash tender offer for all of the issued and outstanding shares of Brigham Exploration Company.


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Forum Energy Technologies Opens Brazil Office
Texas Business reports:  HOUSTON—Forum Energy Technologies opened an office outside Rio de Janeiro in the growing Brazilian market. Full Story »
TexasBusiness.com

Low-cost electronic tablet proves worth in Indian classroom
Texas Business reports:  HOUSTON—The U.S.- and Singapore-based creators of the low-cost I-slate electronic tablet are preparing for full-scale production now that a yearlong series of tests has shown that the device is an effective learning tool for Indian children. Full Story »
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Huntsman to Build New Asia Pacific Technology Center in Shanghai

Texas Business reports: THE WOODLANDS—Huntsman Corporation will invest $40 million to build a new Asia Pacific Regional Technology Center (ATC) in Shanghai's Minhang Economic & Technological Development Zone, to support the rapidly growing demand for technology and innovation from customers across the Asia Pacific region.


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Fort Worth Firm Wins $17 Million Contract Addition To Support Italy Fighter Jet Fleet

Texas Business reports:  A Fort Worth firm won a $17 million contract change for to support Italy’s F-35 fleet.


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Meta Watch Acquired by Execs from Watch & Mobile Industries
Texas Business reports: DALLAS and ESPOO, Finland—Meta Watch Ltd. announced that a team of investors led by Juha Pinomaa, former President of Suunto and a former Nokia executive, acquired the Meta Watch branded connected watch business and related IPR assets from Fossil Inc. Full Story »
TexasBusiness.com

Texas' FMC Technology Expands Presence in Scotland
Texas Business reports:  HOUSTON—FMC Technology, a Houston-based oil and gas services and manufacturing firm, is expanding its Scottish operations in Bellshill and Dunfermline and creating 240 new jobs, Scotland's Enterprise Minister Fergus Ewing announced today. Full Story »
TexasBusiness.com

US $3.2 billion exploration program planned for Kara Sea and Black Sea

Texas Business reports:  SOCHI, Russia—Rosneft and ExxonMobil reached an agreement under which the companies plan to undertake joint exploration and development of hydrocarbon resources in Russia, the United States and other countries throughout the world, and commence technology and expertise sharing activities.


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American International Industries, Inc. Announces Agreement to Acquire Africian Timber and Agricultural Concessions

Texas Business reports:  Houston & Kemah, Texas—American International Industries  Inc. reached an agreement to acquire interests in timber and agricultural concessions in the West African nation of Cameroon in consideration for the issuance of stock by a newly-organized entity of American, Africa Ag Corporation (AAC).


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Asian freight carrier begins flights from DFW to Shanghai

Texas Business reports:  DFW AIRPORT—DFW International Airport welcomed the first of what will be three Air China Cargo freighter flights a week, bringing DFW additional cargo lift capability to Shanghai and a new connection to what officials say is a strategically important destination. 


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Golfsmith Announces First Retail Operations in South Korea

Texas Business reports:  AUSTIN—Golfsmith International Inc., the largest golf specialty retailer in the U.S., plans to introduce its first retail operations outside the U.S., in South Korea, the fastest growing golf market in the world.


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San Antonio Institute Expands Borders  | San Antonio, St. Mary's, China, Chinese Law,
San Antonio Institute Expands Borders

Texas Business reports:  After participating in a program unique to the St. Mary’s University School of Law,Andrew Fields and Joshua Sisam will be offering prospective employers something they hope few law graduates will have—first–hand experience living and doing business in China.


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Varel International Relocates Eastern Hemisphere Headquarters
Texas Business reports:  CARROLLTON—Varel International, the world’s largest independent supplier of drill bits for the oil and gas industry, relocated its Eastern hemisphere headquarters.

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First Four Lockheed Martin F-16s Produced For Morocco Depart On Ferry Flight | dal_ftw_txbz, Lockheed Martin, F-16, Morocco, Morroccan Air Force,
First Four Lockheed Martin F-16s Produced For Morocco Depart On Ferry Flight

Texas Business reports: FORT WORTH--The first four of 24 new Lockheed Martin advanced Block 52 F-16s produced for the Royal Moroccan Air Force have left the Lockheed Martin facility in Fort Worth, Texas, en route to Morrocco. An arrival ceremony will be held in Morocco later this week.

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TexasBusiness.com

Fort Worth Firm Wins $42.3 Million Contract To Upgrade Pakistan Jet Fighters

Texas Business reports:  A Fort Worth firm won a $42.3 million  contract for Pakistan jet fighter upgrade kits.


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Arlington Firm to Provide Jet Fighter Training Systems To Pakistan   | DOD, Pakistan, F16, F-16, ATS, L-3, L3,

A US Air Force (USAF) F-16C Fighting Falcon, 120th Fighter Squadron (FS), 140th Fighter Wing (FW), Colorado Air National Guard
Arlington Firm to Provide Jet Fighter Training Systems To Pakistan

Texas Business reports:  Despite the worsening relations between the U.S. and Pakistan over the death of Osama Bin Laden and ensuing revelations, an Arlington firm won a $20 million contract to provide an air training system to support the Pakistan air force, the U.S. Department of Defense announced.  


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U.S. shale gas weakening Russian, Iranian petro-power   | shale, Texas Business, natural gas production, shale formations, Russia, energy weapon, Baker Institute, shale Gas, national security, U.S. Department of Energy, Western Europe, geopolitical repercussions, Amy Myers Jaffe, Wallace S. Wilson, energy, alternative supplies, liquified natural gas, LNG, petro-power, Venezuela, Iran, negative energy-related stress, trade deficit, economy, gas suppliers, global markets, greenhouse gases, carbon fuels,  U.S. Geological Survey, Potential Gas Committee, American Association of Petroleum Geologists,  Kenneth Medlock III, James A. Baker III,  and Susan G. Baker Fellow for Energy and Resources Economics and co-author of the study. “The geologic data on the shale resource is hard science and the innovations that have occurred in the field to make this resource accessible are nothing short of game-changing. In fact, we continue to learn as we progress in this play, and it is vital that we understand and embrace the opportune circumstances that shale resources provide. U.S. policymakers should not get diverted from the real opportunities that responsible development of our domestic shale resources present.”

Other findings of the study include that U.S. shale gas will:

Reduce competition for LNG supplies from the Middle East and thereby moderate prices and spur greater use of natural gas, an outcome with significant implications for global environmental objectives.

Combat the long-term potential monopoly power of a “gas OPEC.”

Reduce U.S. and Chinese dependence on Middle East natural gas supplies, lowering the incentives for geopolitical and commercial competition between the two largest consuming countries and providing both countries with new opportunities to diversify their energy supply.

Reduce Iran’s ability to tap energy diplomacy as a means to strengthen its regional power or to buttress its nuclear aspirations.
U.S. shale gas weakening Russian, Iranian petro-power

Texas Business reports:  Rising U.S. natural gas production from shale formations has already played a critical role in weakening Russia’s ability to wield an “energy weapon” over its European customers, and this trend will accelerate in the coming decades, according to a new Baker Institute study.

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Valence Technology Lithium Phosphate Batteries Pass First Phase of Ford Test Program in Germany

Texas Business reports:  AUSTIN—Valence Technology Inc.,  a manufacturer of advanced energy storage solutions, announced its lithium phosphate batteries earned favorable first phase reviews during a large electric vehicle assessment program being conducted by Ford-Werke GmbH in Cologne, Germany.


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Arabian American Development Announces Signing of Multi-Year Production Contract for Al-Masane Al-Kobra Mine   | dal_ftw_txbz, Arabian American Development, AMAK, Nick Carter,
Arabian American Development Announces Signing of Multi-Year Production Contract for Al-Masane Al-Kobra Mine

Texas Business reports:  DALLAS—Arabian American Development Co.  reached a three-year, $79 million contract with China National Geological & Mining Corporation earlier this month for the operation, management and maintenance of the surface works of the Al-Masane Al-Kobra (AMAK) mine.


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UTSA College of Business Hosts Global Ventures Competition with Universidad de las Palmas in the Canary Islands   | sanant_txbz, UTSA, Canary Islands, Lynda de la Vina,
UTSA College of Business Hosts Global Ventures Competition with Universidad de las Palmas in the Canary Islands

Texas Business reports:  The University of Texas at San Antonio (UTSA) College of Business launched a new Global Venture Competition with the Universidad de las Palmas in the Canary Islands this month.

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TexasBusiness.com

Fluor Selected by BASF as Engineering Partner in Asia & Europe   | dal_ftw_txbz, Fluor, BASF, Peter Oosterveer,
Fluor Selected by BASF as Engineering Partner in Asia & Europe

Texas Business reports:  IRVING—Fluor Corporation announced that Germany-based BASF has chosen it as an engineering partner for chemicals and petrochemicals projects across Asia and Europe.


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Texas Gets Seconed Unmanned Drone To Patrol Border
Texas Gets Seconed Unmanned Drone To Patrol Border

Texas Business reports: A second Unmanned Aerial Vehicle (UAV) will soon be based in Texas in an effort to help secure the U.S.-Mexico border, according to a statement released by U.S. Henry Cuellar Wednesday.


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University of Texas at Austin Reaches Agreement for Rechargeable Battery Patents with Hydro-Quebec | Research, batteries, cathode, Cockrell School of Engineering, commercialization, Department of Mechanical Engineering, energy, Hydro-Quebec, John Goodenough, Juan Sanchez, Office of Technology Commercialization, rechargeable, renewable energy, sustainability
University of Texas at Austin Reaches Agreement for Rechargeable Battery Patents with Hydro-Quebec

 Texas Business reports:  AUSTIN—The University of Texas at Austin reached an agreement with Canada-based Hydro-Quebec for lithium-ion material technology invented and patented by John Goodenough, a scientist at the university.

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TexasBusiness.com

Geokinetics Secures $165 Million in Project Awards | Geokinetics, seismic, Richard F. Miles, Latin America, Asia-Pacific, EAME, Noth America,
Geokinetics Secures $165 Million in Project Awards

 Texas Business reports:  HOUSTON—As the energy boom continues, Geokinetics Inc. secured work valued at approximately $165 million for several new projects and extensions to current projects in the Latin America, Asia-Pacific, EAME and North America regions.


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Italy's M&G Group to Build Corpus Christi Plant, Hire 250  | M&G, M&G Group, PET, PET resin, Italy, Tortona, chemical engineer, Marco Ghisolfi, PTA,
Italy's M&G Group to Build Corpus Christi Plant, Hire 250

Texas Business reports:  M&G Group, an Italian-based PET resin manufacturer, has chosen to locate its third North American plant in Corpus Christi.


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Norway Approves Funding of Lockheed Martin F-35 Training Jets | Lockheed Martin, f-35, Lightning II, Norway, F-16, Tom Burbage, Norwegian parliament, partner country,

F-35C at Paris Air Show.
Norway Approves Funding of Lockheed Martin F-35 Training Jets

Texas Business reports:  Fort Worth—The Norwegian parliament unanimously approved the funding of four Lockheed Martin F-35 Lightning II training jets to begin fulfilling Norway's future air-combat capability requirements.


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Houston’s Oil States to Supply Subsea 7 With FlexJoint Equipment and Receptacle Assemblies for Brazilian Deep Water Projects | Brazil, oil states, Texas Business, TexasBusiness, TexasBusiness.com,Oil States Awarded SCR End Termination Technology Supply Contract
Subsea 7, FlexJoint , Receptacle Assemblies, Brazilian Deep Water, Oil States International, Oil States Industries, Steel Catenary Riser, SCR, Guara, Lula NE, EPIC SURF, pre-salt, Petrobras, Santos Basin, Macae, Oil States ATS-Cybersolda, Rio de Janeiro, Marcio Robles,  Canadian oil sands, Australian mining, New York Stock Exchange, OIS, Offshore Construction, Marine Pipeline, Elastomers, Louisiana, Oklahoma, United Kingdom, Brazil, Singapore, Thailand, U.A.E., France, Norway, Nigeria, Vietnam,
Houston’s Oil States to Supply Subsea 7 With FlexJoint Equipment and Receptacle Assemblies for Brazilian Deep Water Projects

Texas Business reports:  HOUSTON—Oil States International, announced its Oil States Industries subsidiary has been awarded a contract from Subsea 7 to supply 27 FlexJoint  Steel Catenary Riser (SCR) terminations and 40 receptacle assemblies for the Guara and Lula NE oilfields in Brazil.


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Harvest Natural Resources Discovers Oil in the Pre-Salt Offshore Gabon | Dussafu Ruche, Dussafu, Gabon, West Africa, Transocean, energy, oil, petroleum, semisubmersible, Dentale Formation, Gamba Formation,
Harvest Natural Resources Discovers Oil in the Pre-Salt Offshore Gabon

Texas Business:  Houston—Harvest Natural Resources  Inc. discovered oil in the wildcat well Dussafu Ruche Marin-1 (DRM-1) drilled in the Dussafu Marin PSC, in the offshore waters of Gabon, West Africa. 


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Texas Architecture Students Design New School for Children in East African Villages | Africa's Promis Village, Tanzania, East Africa, architecture, Simanjiro, Serengeti, Serengeti National Park, Mount Kilimanjaro, Peter Pascal Pinto, Michael Garrison, Donna Gunn, Maasai, Esilale,
Texas Architecture Students Design New School for Children in East African Villages
Texas Business reports:  Austin—More than 400 children from 19 villages in Tanzania, East Africa, will have access to clean water, sanitary facilities and an education due to help from students in the School of Architecture at The University of Texas at Austin. Full Story »
TexasBusiness.com

Houston Firm Wins DOD Contract Potentially Worth $114 Million | DOD, defense, Vitol, Defense Logistics agency, defense logistics, aviation fuel, aviation turbine fuel,
Houston Firm Wins DOD Contract Potentially Worth $114 Million
Texas Business reports:  A Houston firm won a contract potentially worth $114 million, the U.S. Department of Defense announced. Full Story »
TexasBusiness.com

In Development: The tri-lingual China Directory of Manufacturers and Exporters | dal_ftw_txbz, china, hispanic, latino, chinese, english, spanish, Chinese manufacturers, Directory of Chinese Manufacturers,

2012 China Directory of Manufacturers and Exporters
In Development: The tri-lingual China Directory of Manufacturers and Exporters

Texas Business reports:  Dallas—The development of the 2012 China Directory of Manufacturers and Exporters began earlier this month with the official opening of the new office of China USA Business link, in Shanghai, People’s Republic of China, according to Marcos Nelson Suarez, chief executive of China USA Business link..
 Full Story »
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Grand Prairie Firm To Provide Patriot Missile Software Support For United Arab Emirates | dal_ftw_txbz, Grand Prairie, Patriot Missile, United Arab Emirates, Post Deployment Build-7, Patriot Advanced Capability 3, Ground System Engagement Control System, U.S. Army, Redstone Arsenal, Alabama,
Grand Prairie Firm To Provide Patriot Missile Software Support For United Arab Emirates
Texas Business reports:  A Grand Prairie firm won a $17.6 million contract to provide software support for the United Arab Emirates Patriot Missile system, the U.S. Department of Defense announced.   Full Story »
TexasBusiness.com

Commercial Metals Company Buys Australian Long Products Distributor G.A.M. Steel Pty. Ltd. | dal_ftw_txbz, CMC, Commercial Metals Company, G.A.M. Steel, Melbourne, Australia, Joe Alvarado,
Commercial Metals Company Buys Australian Long Products Distributor G.A.M. Steel Pty. Ltd.

Texas Business reports:  Irving—Commercial Metals Company, headquartered in Irving, completed the acquisition of G.A.M. Steel Pty. Ltd. (G.A.M.), a leading distributor and processor of steel long products and plate based in Melbourne, Australia.


 Full Story »
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McKinney Firm To Sell Used Beechcraft Airliners To Egypt |  beechcraft, Ratheon, DOD, defense, military, Arab Republic of Egypt, Egypt, U.S. Army, Contracting Command, AMCOM, Redstone Arsenal, Alabama,
McKinney Firm To Sell Used Beechcraft Airliners To Egypt
Texas Business reports:  A McKinney firm won a $24 million contract to provide two used Beechcraft airliners to Egypt, the U.S. Department ofDefense announced. Full Story »
TexasBusiness.com

McDermott Wins $50 Million Pipeline Installation Project in Gulf of Mexico | McDermott International, Pemex, oil, energy, gas, Mexico, db16, Gulf of Mexico, Bay of Campeche,
McDermott Wins $50 Million Pipeline Installation Project in Gulf of Mexico

Texas Business reports:  McDermott International Inc. announced that one of its subsidiaries was won a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches in diameter, in Mexico’s Bay of Campeche. 

 Full Story »
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Saudi Arabia Sales Agreement Signed by Fort Worth Company; $500K First-Year Sales Commitment | Pharma Tech, Shadi Arnita, Wound Management Technologies, wound care solutions, BioPharma Management, Cure Hands, CelleratexRx, Fawaz Al-Fawzan, Middle East,
Saudi Arabia Sales Agreement Signed by Fort Worth Company; $500K First-Year Sales Commitment
Texas Business reports: Fort Worth—Wound Management Technologies Inc., a provider of wound care solutions, announced that Pharma Tech International (PTI), a joint venture of its subsidiary BioPharma Management Technologies, signed an annual $500,000 minimum sales agreement with Cure Hands, a company of international trade based in Saudi Arabia. Full Story »
TexasBusiness.com

Baylor College of Medicine extends global reach to India | Baylor college of medicine,Paul E. Klotman, BCM, Analjit Singh, Max India Group, Wallace S. Wilson, India, Navneet Kathuria,
Baylor College of Medicine extends global reach to India

Texas Business reports:  Houston—Baylor College of Medicine announced the first major project of its new Center for Globalization, a plan to partner with a leading health care provider in India in an academic affiliation.


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Lockheed Martin Receives $45.3 Million Contract to Upgrade Finland's Precision Fires Capability | Finland, MLRS, Lockheed Martin, GPS, Finnish, M270, Multiple Launch Rocket System, Universal fire control, Scott Arnold, ATACMS, GMLRS,
Lockheed Martin Receives $45.3 Million Contract to Upgrade Finland's Precision Fires Capability

Texas Business reports:  Dallas—Lockheed Martin received a $45.3 million contract to upgrade 22 Finnish Army M270 Multiple Launch Rocket System (MLRS) launchers, incorporating the Universal Fire Control System and other enhancements.


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Wilmar to Build Natural Alcohol Plant on Huntsman Site in Rotterdam | hou_txbz, Huntsman Corporation, Peter Huntsman, Rotterdam, Rozenburg, Netherlands, Wilmar International, oleochemicals, Europort, Singapore, oilseeds, oil seed, oilpalm, Kuok Khoon Hong, biodiesel,
Wilmar to Build Natural Alcohol Plant on Huntsman Site in Rotterdam

Texas Business reports:  The Woodlands—Huntsman Corporation and Wilmar International Limited reached an agreement for Wilmar to build a state-of-the-art natural alcohol plant at Huntsman's chemical site in Rozenburg (Rotterdam, The Netherlands), and to supply natural alcohols to Huntsman. 

 Full Story »
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CDI Seals Buys Multiseals Pte Ltd of Singapore | humble, CDI Seals, Singapore, oifield technology, Multiseals, oil, gas, oil industry, gas industry, Leonard Casey,
CDI Seals Buys Multiseals Pte Ltd of Singapore

Texas Business reports:  Humble—CDI Seals, an oil and gas technology maker, bought Multiseals Pte Ltd located in Singapore in a strategic move to expand its markets.


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EPA and Mexico Develop $13.9 million Project to Improve Border | EPA, Mexico border, Texas border, Rio Bravo, Global Environmental Facility, SEMARNAT, Mexico Secretaría de Medio Ambiente y Recursos Naturales, protocol assessment, Rio Grande,
EPA and Mexico Develop $13.9 million Project to Improve Border

Texas Business reports:  Partners and stakeholders of the U.S.–Mexico Border 2012 National Coordinators announced the initiation of a $13.9 million project, including $4 million from the Global Environmental Facility (GEF), for the joint development of a Regional Framework for Sustainable Use of the Rio Bravo/Rio Grande and to address environmental issues.

 Full Story »
TexasBusiness.com

China Makes Play For West Texas Wind Power | Alternative Energies, Oil & Energy, Utilities, Green Technology, Environmental Products & Services, Contracts, Financing Agreements, China, Chinese, Beijing, Asia,
China Makes Play For West Texas Wind Power

Texas Business reports:  The Chinese are moving into West Texas wind power.


 Full Story »
TexasBusiness.com

ONGC of India Awards Baker Hughes Deepwater Drilling, Evaluation Contract | Baker Hughes, ONGC, surfacing logging, directional drilling, offshore drilling, onshore base, drillship, Vantage Drilling, India,
ONGC of India Awards Baker Hughes Deepwater Drilling, Evaluation Contract

Texas Business reports:  Houston—Oil and Natural Gas Corporation (ONGC) of India awarded Baker Hughes a five-year contract to provide drilling and evaluation services and to manage third-party services for the Platinum Explorer drillship.


 Full Story »
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Austin’s Rev Worldwide Launches Brazil's First Prepaid Card for Everyday Purchases With Banco PanAmericano and MasterCard    | sao paulo, Rev Worldwide, reloadable prepaid card, Banco PanAmericano, Mastercard, PanAmerican, ATM, mobile phone, text message, Brazilian Central Bank, IPEA, Eliel Teixeira de Almeida, Roy sosa, Marcelo Tangioni, CPF, BTG, BTG Pactual, CAIXA, MPOWER, multi-currency,
Austin’s Rev Worldwide Launches Brazil's First Prepaid Card for Everyday Purchases With Banco PanAmericano and MasterCard

Texas Business reports:  SAO PAULO—Austin’s Rev Worlwide launched Brazil's first reloadable prepaid card for everyday purchases with Banco PanAmericano and MasterCard in participating PanAmericano.


 Full Story »
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Harvest Natural Resources Commences Drilling Operations - Dussafu Project in Gabon  | Gas, Oil & Energy, Utilities, Harvest Natural Resources, Gabon, West Africa, Ruche, Marine-A, well, drilling, energy, energy company, Venezuela, Indonesia, Africa, China, Oman, Singapore, United Kingdom,
Harvest Natural Resources Commences Drilling Operations - Dussafu Project in Gabon

 Texas Business reports:  Houston—Harvest Natural Resources commended   commenced drilling operations on the Ruche Marin-A exploration well located in the offshore waters of Gabon, West Africa. 


 Full Story »
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Travelocity Signs Agreement with Russian Carrier S7 Airlines | Southlake, Maxim Polukhin, S7 Airlines, Russia, oneworld, European online,
Travelocity Signs Agreement with Russian Carrier S7 Airlines

Texas Business reports:  Southlake—Travelocity signed a distribution agreement with S7 Airlines of Russia, a member of the oneworld alliance, and will offer the airline’s full range of content through Travelocity.com, Travelocity Business, and the Travelocity Partner Network.


 Full Story »
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Houston's Lateral Data' Expands Ediscovery Software Deployment at 51 Canadian Offices   | ediscovery, electronic discovery, Grant Thornton, Canada, Quebec, Raymond Chabot, Lateral Data, Viewpoint,
Houston's Lateral Data' Expands Ediscovery Software Deployment at 51 Canadian Offices

Texas Business reports:  Houston—A Texas firm that sells an ediscovry software product expanded into 51 Canadian offices as the result of an agreement with an  audit, tax and advisory firm.


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CB&I Wins Technology Contract in Kazakhstan | CB&I, Lummus Technology, Kazakhstan, Atyrau, Catofin, KPI, polypropylene, propylene, household goods,
CB&I Wins Technology Contract in Kazakhstan
Texas Business reports:  The Woodlands—CB&I announced that Lummus Technology, a CB&I company, has been awarded a contract from Kazakhstan Petrochemical Industries Inc. LLP (KPI) for the license and basic engineering of a propane dehydrogenation unit and a polypropylene plant. Full Story »
TexasBusiness.com

Southlake Firm Aims To Crack Open China Market Through Kiosks | Geos Communications, D Mobile, Andy Berman, Southlake, distribution channel, core technology, ring tones, mobile phone store, operating system, Android, Symbian, Windows Mobile, Blackberry OS, Asia, Pacific Rim, mandarin, Chinese,
Southlake Firm Aims To Crack Open China Market Through Kiosks

Texas Business reports:  Southlake—Geos Communications Inc., a digital content distribution company, provided an update on its investment in D Mobile  Inc. and D Mobile’s mobile content kiosk operations.


 Full Story »
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Dubai, Houston Firm Form Gas Shale Development Company | hou_txbz, aust_txbz, dubai, UAE, United Arab Emirates, LMKR, Geographic, reservoir analysis, energy, exploration, shale,
Dubai, Houston Firm Form Gas Shale Development Company

Texas Business reports:  Dubai’s LMKR, a global geoscience technology and consulting services provider focused on resolving the challenges associated with unconventional oil and gas exploration and production, formed a strategic partnership with Houston’s Object Reservoir, a provider of reservoir analysis services and technology to the exploration and production industry.


 Full Story »
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Fort Worth’s Wound Management Technologies Receives Lebanon Sales  | dal_ftw_txbz, Wound Management Technologies, CellerateRX, Pharma Tech, wound care, Lebanon, Deborah Jenkins Hutchinson,
Fort Worth’s Wound Management Technologies Receives Lebanon Sales

Texas Business reports:  Fort Worth—Wound Management Technologies Inc., a provider of  wound care products, received $150,000 in international orders for the firm’s line of CellerateRX  powder and gel products. 


 Full Story »
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Affiliated Computer Services Buys Unamic/HCN | ACS, affiliated computer services, Unamic, HCN, Benelux, Turkey, Western Europe, Suriname, Dutch, French, Turkish, Flemish, Chris Tranquill,
Affiliated Computer Services Buys Unamic/HCN
Texas Business reports:  Dallas—Affiliated Computer Services (ACS), A Xerox Company acquired Unamic/HCN, the largest privately-owned customer care provider in the Benelux. Full Story »
TexasBusiness.com

Houston-area firm Buys India Chemical Manufacturer | hou_txbz, Huntsman Corporation, Laffans Petrochemicals, Peter R. Huntsman, automotive lubricants, personal care products, gas applications, oil and gas, Singapore, polyetheramine,

Laffins packing facility.
Houston-area firm Buys India Chemical Manufacturer

Texas Business reports:  The Woodlands—Huntsman Corporation completed its acquisition of Indian chemical producer Laffans Petrochemicals Ltd., and has taken ownership of the manufacturer's 60kt ethylene oxide derivatives facility in Ankleshwar, Gujarat.

 Full Story »
TexasBusiness.com

Center for Global Child Health Announced By Texas Children's Hospital and Baylor College of Medicine | Texas Children's Hospital, Baylor College of Medicine, Russell E. Ware, BIPAI, HIV, AIDS, Angola, sickle cell, malaria, tuberculosis, malnutrition,
Center for Global Child Health Announced By Texas Children's Hospital and Baylor College of Medicine

Texas Business reports:  Houston—Texas Children's Hospital and Baylor College of Medicine (BCM) announced the creation of the Texas Children's Center for Global Health and the appointment of physician-scientist Russell E. Ware as director.


 Full Story »
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Carlson Restaurants  Plans to Double the Number of T.G.I. Friday's Restaurants | T.G.I.Friday, Carlson Restaurants, Nick Shepherd, restaurants, cafe, expansion, international restaurant, dining market,
Carlson Restaurants Plans to Double the Number of T.G.I. Friday's Restaurants
Texas Business reports:  Carlson Restaurants, parent of T.G.I. Friday's, plans to double the number of T.G.I. Friday's restaurants globally. Full Story »
TexasBusiness.com

Houston's Stewart & Stevenson Buys Diesel Engine Firm From Japan Company | hou_txbz, Stewart & Stevenson, EMDSI, Hunt Power, Harvey, Louisiana, diesel engine, EMD, ITOCHU, Japan,
Houston's Stewart & Stevenson Buys Diesel Engine Firm From Japan Company

Texas Business reports:  Houston-based Stewart & Stevenson LLC acquired EMDSI - Hunt Power LLC in an all cash transaction from ITOCHU of Japan.


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ExxonMobil Opens Shiogama Terminal in Area Affected by Earthquake and Tsunami

Texas Business reports:  TOKYO—ExxonMobil Japan Group has reopened its Shiogama Terminal, enabling delivery of increased fuel supplies into the Tohoku area of North East Japan, which was affected by the March 11 earthquake and tsunami.


 Full Story »
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Canadian Firm Invests In Texas Silver | silver, aurcana, aurcana corporation, presidio, presidio county, silver mine, shafter silver,

Shafter Silver Mine In Presidio County
Canadian Firm Invests In Texas Silver

Texas Business reports:  After the Texas Hunt Brothers tried to corner the silver market, Silver Rule 7 and Silver Thursday in 1979, serious interest in that commodity lagged for three decades.

But a Canadian company has invested in a 130-year-old Texas silver mine. Yes, that’s right. A Texas silver mine.

 Full Story »
TexasBusiness.com

National Instruments Japan Employees Safe and Facilities Undamaged | National Instruments, NI, Nagoya, Osaka, Japan, earthquake, tsunami, prototype, tech, technology,
National Instruments Japan Employees Safe and Facilities Undamaged

Texas Business reports:  An Austin tech firm has accounted for all employees in Japan in the wake of the March 11 9.0 earthquake that struck Japan as well as the ensuing tsunami.


 Full Story »
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Valero Energy to Buy Chevron’s Pembroke Refinery, Marketing and Logistics Assets in the U.K. and Ireland for $730 Million | Valero energy, Chevron, Chevron Pembroke, Pembroke refinery, Nelson complexity, Texas Business, texas business, Wales, United Kingdom, Nelson complexity, chaos, order,
Valero Energy to Buy Chevron’s Pembroke Refinery, Marketing and Logistics Assets in the U.K. and Ireland for $730 Million

Texas Business reports:  Valero Energy Corporation will buy Chevron’s Pembroke refinery in Wales, U.K., as well as extensive marketing and logistics assets throughout the United Kingdom and Ireland, for $730 million, excluding working capital. 

 Full Story »
TexasBusiness.com

Valence Technology Lithium Phosphate Batteries to Power Courb Electric Passenger Vehicle | valence, valence technology, electric car, battery, lithium battery, Texas Business,
Valence Technology Lithium Phosphate Batteries to Power Courb Electric Passenger Vehicle

Texas Business reports: An Austin firm is providing the batteries for a European electric car.


 Full Story »
TexasBusiness.com

University of Texas School of Law Announces Dual Degree Program with Instituto Tecnológico Autónomo de México | aust_txbz, University of Texas, law school, tennologico Autonomo de Mexico, ITAM, Mexico City, Juris Doctor, Licenciatura en Derecho, Jorge Cerdio, Lawrence Sager,

Dean Larry Sager, left, and Dean Jorge Cerdio, right, after signing papers establishing a dual-degree program between UT Law and ITAM.
University of Texas School of Law Announces Dual Degree Program with Instituto Tecnológico Autónomo de México

Texas Business reports:  The University of Texas School of Law and the Instituto Tecnológico Autónomo de México (ITAM) in Mexico City have announced a new dual-degree program that will allow students to earn both a Juris Doctor degree from the University of Texas School of Law and a Licenciatura en Derecho (Mexican professional degree in law) from ITAM, the UT law school said in a prepared statement.


 Full Story »
TexasBusiness.com

Two Texas Instruments Factories Suffer Damage In Japan Earthquake | dal_ftw_txbz, texas instruments, Miho, wafer production, semiconductor, power grid, Tokyo, Aizu-wakamatsu, Hiji,

The first phase of the Miho site was completed in 1980.
Two Texas Instruments Factories Suffer Damage In Japan Earthquake

Texas Business reports: After a preliminary assessment, Texas Instruments said its manufacturing site in Miho, Japan, about 40 miles northwest of Tokyo, suffered substantial damage during last Friday's 8.9 magnitude earthquake. 


 Full Story »
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Houston’s Newpark Resources to Acquire Australian Drilling Fluids Business   | newpark, drilling fluid, australia,rheochem, New Zealand,
Houston’s Newpark Resources to Acquire Australian Drilling Fluids Business

Texas Business reports:  Newpark Resources Inc. entered into a definitive agreement with Rheochem PLC to acquire its drilling fluids and engineering services unit. 


 Full Story »
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Toshiba To Expand Houston Plant | toshiba, hev, hybrid electric, green energy, phev, ev, eletric vehicle, attero human, human capital,
Toshiba To Expand Houston Plant

Texas Business reports:  Toshiba International Corporation will expand manufacturing capacity at its plant in Houston  for production of high-performance drive motors for hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs).


 Full Story »
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Company Sees Rapid Growth of Pen-Enabled Apps as Developers Leverage New Slate Systems | aust_txbz, Kfar saba, duosense, n-trig, oem, multi-touch, Honeycomb, android, ISV,
Company Sees Rapid Growth of Pen-Enabled Apps as Developers Leverage New Slate Systems

Texas Business reports:  KFAR SABA, Israel & AUSTIN, Texas—N-trig, providers of DuoSense, a pen and projected capacitive multi-touch solution enabled over a single digitizer, are expanding their partnerships with independent software vendors to support the development and increase of pen-enabled applications for the rapidly growing slate market.


 Full Story »
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First Chili’s Bar & Grill Opens In Russia  | chili's, Brinker International, Moscow, Interdining Group,
First Chili’s Bar & Grill Opens In Russia

Texas Business reports:  The first Chili’s Grill & Bar opened in Russia, the Texas-based company announced.


 Full Story »
TexasBusiness.com

Fort Worth Firm Wins $19 Million Egyptian Government Equipment And Support Contract | dal_ftw_txbz, Egypt, Lockheed, foreign military, foreign military sales,

Photo In Collections of U.S. Library of Congress
Fort Worth Firm Wins $19 Million Egyptian Government Equipment And Support Contract

Texas Business reports:  Despite recent events in Egypt, a Fort Worth firm won a $19.8 million contract to provide support equipment for the government of Egypt, the U.S. Department of Defense announced. 

 Full Story »
TexasBusiness.com

Austin Firm Wins $7.1 Additional Modification For Djibouti Diner | Camp Lemmonier, Djibouti, Horn of Africa, Naval Expeditionary, Coalition force, aust_txbz,

Troops at Camp Lemmonier
Austin Firm Wins $7.1 Additional Modification For Djibouti Diner

Texas Business reports:  An Austin firm won a $7.1 million contract modification for building a dining room at a Djibouti camp installation, the U.S. Department of Defense announced.


 Full Story »
TexasBusiness.com

Saxon Oil Company Ltd. To Join West-Central Texas Exploration Agreement | dal_ftw_txbz, odes_txbz, mid_txbz, abil_txbz, lub_txbz, elp_txbz, abil_txbz,Saxon Oil,
Saxon Oil Company Ltd. To Join West-Central Texas Exploration Agreement
Texas Business reports: Like so many firms across the world, the Saxon Oil Company Ltd. is part of exploration play in West-Central Texas. Full Story »
TexasBusiness.com

Analyzing the Export Flow from Texas to Mexico
Texas Business notes this report from the Dallas Federal Reserve:  From 1997 to 2008, Texas shipped 40 percent of its manufacturing exports to Mexico. This puts Texas–Mexico among the largest state–country trading relationships. But this share has been declining recently. A gravity equation cannot account for either of these facts, even though Texas and Mexico share a border. This positive contiguity effect is not unique in state export data. I study the features of the Texas–Mexico relationship to try to account for the size of the export flow and the recent decline in share. Data limitations prevent a full accounting, but the most likely feature is the changing source of maquiladora inputs from the United States to Asia. Full Story »

What China Seeks in Chesapeake Shale Deal
Texas Business notes this story by the New York Times:  China’s $2.2. billion investment in the Texas oil patch may be small, but the deal with Chesapeake Energy involves a potential transfer of technology and intellectual knowledge to Beijing that some people in Washington may find uncomfortable, and that unease could trip up the deal. Full Story »

San Antonio Firm Prepares To Sell Alaska Water To Middle East

Texas Business reports:  San Antonio—S2C Global Systems Inc. is preparing  to start  distributing fresh water from its first “World Water Hub” located on the west coast of India.

 Full Story »
TexasBusiness.com

Mexican Consulate coming to Waco
Texas Business notes this story by Susan I. Nelson of Texas Immigration Lawyer Blog:  The Mexican Consulate of Austin will come to Waco on Saturday, October 30th. Full Story »

 Australia Company Plans Second Eagle Ford Well  | brn_har_txbz, elp_txbz, lar_txbz,  mca_edi_miss_txbz,
Australia Company Plans Second Eagle Ford Well

Texas Business reports:  Brisbane--Texon Petroleum Limited contracted a rig for its second Eagle Ford horizontal well. 

 Full Story »
TexasBusiness.com

EB-5 visa plan gains traction among Mexicans who can fund projects
Texas Business recommends this story by David Hendricks of the San Antonio Express-News:  As the exodus of wealthy Mexican families continues to Texas, a revived investment option with the promise of U.S. residency and a path to U.S. citizenship suddenly has become a leading topic of conversation in Mexico. Full Story »

Hire International Completes Minority Stake Acquisition of HNLY Technology Co. Beijing

Texas Business reports:  Austin—Hire International, Inc. announced it closed its transaction with Hua Neng Long Yuan Technology Company Beijing, Ltd. ("HNLY") to acquire a minority interest of HNLY. 

 Full Story »
TexasBusiness.com

Japan Plans First Overseas State Loan for $10 Billion U.S. Nuclear Project
Texas Business notes this story by Shigeru Sata of Bloomberg: The Japan Bank for International Cooperation may lend as much as $4 billion for a nuclear plant project in Texas that would be the country’s first state financing for an atomic power station abroad. Full Story »

Livingston International acquires Maquilogistics to expand operations to U.S.-Mexico border

Texas Business reports:  Chicago’s Livingston International has acquired Texas-based Maquilogistics Inc., officials announced. 

 Full Story »
TexasBusiness.com

Russian company seeks to buy U.S. uranium mining operations
Texas Business notes this story by CNN:  A Russian company is seeking to buy a controlling interest in one of the largest uranium extraction operations in the United States including assets in Texas-- a sale that requires U.S. government review because of possible national security implications. Full Story »

Homeland Security Wants To Look Deep Into Your Eyes... To Scan Them For Their Records
Texas Business notes this story by Chris Morran of USA Today:  For two weeks in October, Homeland Security will be running tests on the scanners, which store digital images of your irises in a database, at a Border Patrol station in McAllen. Full Story »

Grand Prairie Firm Wins $7.8 Million Patriot Missile Support Contract
Texas Business reports: A Grand Prairie firm won a $7.8 million contract for Patriot Missile support for Taiwan and United Arab Emirate customers , the U.S. Department of Defense announced.   Full Story »
TexasBusiness.com

Drug wars impair border factories
Texas Business notes this story by Lynn Brezosky of the Arizona Daily Star:  McALLEN, Texas - The head of an association of border factory owners said the sector is in crisis mode as unrelenting drug violence in northern Mexico has spooked investors into curtailing operations at some plants and rethinking expansion at others. Full Story »

Costa Rica wants to negotiate with Laredo
Texas Business notes the following story by Francisco Diaz of the Laredo Sun:  The Port of Laredo-Nuevo Laredo has the advantage of time savings in order to compete as a goods distribution centers in the U.S. Full Story »

World Cup contingent scouts North Texas venues
Texas Business notes Brad Watson of WFAA:  ARLINGTON — The North Texas group hoping to land World Cup soccer games in 2018 or 2022 took its best shot Thursday with the people making the decision. Full Story »

Visualizing Foreign Businesses in Texas
Texas Business recommends this Texas Tribune site by Matt Stiles that examines the ownership of Texas corporations.  Full Story »

Port of Brownsville chases TIGER

Texas Business recommends this story by Steve Clark of the Brownsville Herald:   Port of Brownsville officials went hunting for TIGER I late last year but came up empty-handed, so they’re hoping TIGER II is easier to catch.

 Full Story »

Texas Instruments CEO emphasizes foreign markets

TexasBusiness.com notes: For Texas Instruments Inc., foreign markets aren't undiscovered countries or murky threats. Rich Templeton, at the Sheraton Dallas on Tuesday, said technology is 17 percent of U.S. exports - 'more than oil and more than aircraft.  They're practically home base, reports Victor Godinez of the Dallas Morning News.

 Full Story »

Texas ports rebound: Despite border unrest, more goods are passing into state
 Texas' top trade districts -- Houston, Laredo and El Paso -- are rebounding well from the national recession and witnessing huge increases in the value of trade passing through their ports this year. The El Paso trade district -- which includes El Paso, Fabens, Presidio, the Albuquerque airport, Columbus, N.M. and Santa Teresa -- ranks 15th nationally, reports Julian Aguilar of the El Paso Times.  Full Story »

Pilgrim's Pride Gets OK to Pack Chicken for Russia
 Pilgrim's Pride Corp. has started to pack chicken for export to Russia, the chicken producer said in a news release Monday. The company said it has received formal approval from the U.S. Department of Agriculture to resume exports, reports ABC News/Money.  Full Story »

Ex-Im Bank Back Houston’s Northstar Trade Finance’s $10 million Loan to Fund Sale of U.S. Recycling Equipment to Turkey
 It is Northstar's ninth transaction under a new Ex-Im Bank initiative that delegates authority to lenders, enabling the banks to speed approval of Ex-Im Bank-guaranteed medium-term export loans to foreign buyers of U.S. goods. Full Story »

Vishal Retail may become a shell company on Fort Worth's Texas Pacific recast
 MUMBAI: Cash-strapped Vishal Retail may soon become a shell company if the restructuring package proposed by lenders is implemented. Texas Pacific Group (TPG), which has agreed to infuse Rs 500 crore, has put in a condition that Vishal Retail (VRL) will transfer all its fixed assets to a special purpose vehicle (SPV) that will be predominantly owned by the Fort Worth-based private equity firm, reports The Economic Times.  Full Story »

Mumbai owner of Texas steel plants hope to turn profit next year
India's third-largest steel maker JSW Steel expects its US business to start making profits from next year, a top company executive said. After making losses for several quarters, JSW Steel USA reported an operating profit of Rs 10 crore for the quarter ended March 2010 but its margins remain under pressure due to sluggish demand in the U.S., reports The Economic Times.  Full Story »

TI snaps up bargain chip factories in Japan
 Texas Instruments  agreed to buy two chip factories in Japan, adding to other distressed chip assets its been able to purchase since the global recession hit last year, reports.Dan Nystedt of Bloomberg Businessweek.  Full Story »

Lufkin Industries expands operations to Romania
 Lufkin Industries will once again lengthen its international reach with the recent announcement of a new manufacturing plant in Romania, reports the Lufkin Daily News.  Full Story »

With Arizona out, Texas should bid to play host to border governors
 Arizona's new immigration enforcement law has resulted in a boycott of the state by dozens of groups planning conventions and business meetings there. The controversy has now claimed its first international event, a meeting of the governors of U.S. and Mexican border states scheduled in September at a Phoenix resort, reports the Houston Chronicle.  Full Story »

Regulators may be close to a decision on American, Oneworld alliance
 American Airlines and its Oneworld partners in Europe may be about to get a final decision on their request for antitrust immunity, reports Terry Maxon of the Dallas Morning News. Full Story »

Chinese investors eyeing U.S. shale?
 BEIJING -- U.S. natural gas explorer Chesapeake Energy is exploring a deal with Chinese partners to take a stake in their Texas shale gas, officials said, reports UPI.  Full Story »