Out of 26 million Texans, you may have an idea to change the world. You may have had several ideas to change the world. But only a tiny minority of you pushed through the U.S. Patent office from application to successful patent. We've seen Texans change the world many times over. Jack Kilby did it with Texas Instruments in 1958 with the integrated circuit, causing the start of the digital revolution, which, in part, is why you can read these words over your electronic device.
Over the last few years, Texas Business has brought its feature: Texas Business Patent of the Day. This list is of the ones that were either extremely clever, odd or strange. One thing becomes apparent from these patents and the patent that runs daily in Texas Business—Texans have a unique mind set.
Though the history of the Corn Dog is disputed, the State Fair of Texas claims to have introduced the Corny Dog sometime between 1938 and 1942. As a paean to that invention that now sits in the freezer section of every grocery store in the southwest, here are the fried foods the State Fair of Texas has introduced, or tried to introduce, in the last seven years.
Don't get caught up with John Wayne religion. For one thing, he's not Texan. He's in some fine movies involving Texas, most notably The Searchers, but none of his movies can make the best cut of Texas movies. Here's the short list.
Unsung Texas Business Journalists Mention that one is a reporter, and there's a spark of interest. Mention that one is a business news reporter, and watch the eyes glaze over. Except to the players, business and economic journalists are unappreciated. While many wish to become sports reporters when they grow up, most do not realize that business journalists cover the Real Game. Mention that reporter covers business, and watch the eyes glaze over. A toast to these below on the short list and the numerous unnamed ones slogging away. Full Story » TexasBusiness.com
Best Texas Mexican Food: The Short List No, we're not going to debate the difference between Tex-Mex, Mex-Tex, Mexican and Texican food. Just know these establishments are the pinnacle of Texas Mexican fare. No brag, just fact. Full Story » TexasBusiness.com
Best Texas Burgers Texas Burgers. . While a hamburger is merely sustenance and gratification for a meal, the memory a good Texas burger can give rise to Homeric odes. The short list. Full Story » TexasBusiness.com
Texas Business reports: GUELPH, ONTARIO—Texada Software Inc. entered into a non-binding agreement to acquire selected operating assets of Bane Machinery Houston LP located in Houston.
The transaction will be completed by a subsidiary of Noble Iron Inc., a wholly owned U.S. subsidiary of the company.
“This transaction will mark our entry into a second major market in the U.S.,” said Texada and Noble chief executive Willie Swisher in a prepared statement. “The business will operate a full rental and distribution location serving southeast Texas from our leased facility located at 505 Rankin Road, Houston, Texas. This extension of our operational footprint will allow Noble to expand upon its strong relationship with the Terex Corporation and our exclusive distribution of LiuGong Construction Machinery. As we continue to expand the Noble brand into the construction equipment industry, our overriding goal is to seek out and execute on opportunities that are conducive to the expansion of our brand, provide our customers a remarkable experience and that create exceptional value to our stakeholders.”
The agreement is for the acquisition of certain operating assets of Bane Machinery. Along with the purchase of the Bane assets, including earth moving equipment, Noble is expected to retain all employees and an extensive, active customer list.
In conjunction with the closing of the Agreement, Noble will enter into a lease on the property currently occupied by Bane Machinery's Houston operations. The total consideration for the acquisition of the operating assets is expected to be approximately $1.9 million.
None of Bane Machinery's liabilities will be assumed as part of the transaction.
The agreement is subject to certain customary conditions in favor of the company, including the completion of satisfactory due diligence, the entering into an acceptable real estate lease and financing, satisfactory to the company. It is anticipated that the agreement will close on or before July 20, 2012.
Texada Software Inc. operates in equipment rental, equipment dealership and enterprise asset management software.
The company, through its wholly owned U.S. subsidiaries, is expanding its presence in the construction and industrial equipment industry. Noble Rents Inc. is a significant equipment rental business serving Southern California with over 7,000 customers and a wide range of over 1,100 aerial, forklift and light compact equipment rental units. Noble Equipment Inc. is the exclusive distributor of LiuGong Construction Machinery equipment in Southeast Texas.
Texada's enterprise software business continues as a provider of software solutions for equipment rental and mobile equipment.
The Texas News Scrawl is a handy reference to stories Texas Business recommends from other news sources. Some of the stories that Texas Business currently suggests include: ClubCorp buys Prestonwood Country Club in Dallas and Plano; Office Depot overcharged Dallas by up to $3.6 million, city auditor finds; Texas power market monitor resigns amid unresolved reform debate; U.S. Supreme Court denies review of Farmers Branch immigration ordinance; Aggie Vanishing Act: Sale of Texas Wesleyan’s law school to A&M leaves alumni out in the cold;ExxonMobil CEO Doesn't Want a Fracking Operation Near His Backyard bDrowned bridge worker’s employer had prior OSHA violations; Gates-led power-unit bankruptcy may revive Texas electric debate;Baylor will return 5,000 unsold Fiesta Bowl tickets; and more.