Kimberly-Clark to sell Kleenex international arm for $3.4B
The Irving-based consumer goods company is selling its international tissue business in a $3.4 billion deal.
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Business Journals
2 days ago
- Business Journals
Kimberly-Clark to sell Kleenex international arm for $3.4B
The Irving-based consumer goods company is selling its international tissue business in a $3.4 billion deal.
Yahoo
13-05-2025
- Yahoo
Trial Powerhouse Aldous Law Featured in ALM's Top 100 Verdicts for 2024
Verdict stemmed from tragic 2019 death of a worker who fell from a scissor lift at a Dallas-area job site DALLAS, May 13, 2025--(BUSINESS WIRE)--Aldous Law Firm, a premier personal injury boutique, is pleased to announce that ALM and have included the firm's $71.95 million verdict in an industrial accident at a Frito-Lay facility on its Top 100 Verdicts for 2024. The list compiled through analyst team VerdictSearch ranks the nation's largest verdicts for 2024. The firm earned its spot following a Dallas County jury trial against Irving-based Walker Engineering for the death of one of its workers. The jury awarded $71.95 million to the widow and four children of Hernan Murrilo, 40, who died after falling 30 feet from a scissor lift in 2019. "Hernan's family has endured an unimaginable loss, and while no verdict can bring him back, this case was always about holding the right people accountable and delivering justice," said firm founder Charla Aldous. "We were proud to stand with his family in the courtroom, and we're deeply honored that ALM recognized the significance of this verdict by including it among the nation's top 100." Through compelling evidence, including video captured inside the facility, the firm successfully demonstrated Irving-based Walker Engineering's liability to the jury. The Top 100 Verdicts are ranked by gross award calculated by the jury. ALM describes this list as what it believes is the most comprehensive list of top jury awards across the nation. View the full list here. The case is Laura Lopez et al. vs. Frito-Lay, Inc. et al., Cause No. DC-19-16959 in the 44th Civil District Court in Dallas County. Aldous Law is known for its hard-hitting and award-winning trial attorneys. Earlier this year, all firm attorneys were named to the Lawdragon 500 Leading Plaintiff Consumer Lawyers, which describes honorees as an "amazing collection of coast-to-coast champions who dedicate their lives to helping people going through the hardest moments of their lives." Aldous Law specializes in high-stakes personal injury litigation, including wrongful death, trucking collisions, medical malpractice, products liability and sexual assault cases. Learn more about the firm at View source version on Contacts Media Contact: BeLynn Hollers800-559-4534Belynn@
Business Journals
23-04-2025
- Business Journals
North Texas manufacturing executives share sentiments on tariffs
While tariffs continue to be the talk of the town, executives from various industries shared their sentiments in the Dallas Fed's Texas Manufacturing Outlook. Dallas-Fort Worth and Texas had an overall mix of both positive and negative reactions to tariffs, according to the Fed survey, which was released in March. With the looming uncertainty of costly imported goods and equipment among manufacturers, some companies have planned ahead by stockpiling inventory in preparation for the Trump trade war. The automotive sector was one of the many other industries that were hit with tariffs after President Donald Trump put a 25% levy on imported goods from Canada and Mexico. Manufacturers including major companies such as Toyota North America and General Motors – a large SUV assembly plant in Arlington – both trade from these countries, which raises the concerns regarding day-to-day operations. Arlington Mayor Jim Ross told WFAA that tariffs could lead to a higher cost in production and 'drive away' customers and roll back on manufacturing production. Ryan Robinson, president and co-owner of Irving-based Signal Metals Industries Inc., added in an emailed statement that he doesn't believe that tariffs are 'inherently good' and that it wouldn't ultimately strengthen the U.S. economy. Nearly 40% of Signal Metal Industries' revenue comes from domestic steel-making. Robinson said that steel-making companies are in favor of tariffs, as they believe that could put a stop in foreign steel makers from dumping steel in the U.S. He also added that, 'when [the] domestic steel-making industry is doing well, our business tends to do well.' Although Signal Metals Industries buys a small amount of finished and semi-finished steel products from China, Robinson said that they've decided to pause and cancel orders from its longtime supplier in China, as the company pursues to source from other countries with "small" tariffs on U.S. products. In addition, Brendon Quick, president of Western Industries Corporation, gave an emailed statement to Dallas Business Journal that the company won't see an increase in its operational expense due to any tariffs with Mexico since the company is a part of the IMMEX program, which allows the company to freely transport its fabrication into the country without paying tariffs. "... We won't see an increase in operational expense due to any tariffs with Mexico, but indirectly, our customers may see a decrease in their sales to U.S. customers and this will manifest itself with a reduction in revenues for us potentially in the months to come." Meanwhile, the restaurant industry is also facing heat from tariffs being raised to 145% on products that are imported from China. The aftermath of the Covid-19 pandemic continues to put pressures onto restaurants as they continue to see an increase in labor shortages, higher menu prices and ingredients. Sid Patel, franchisee of The Brass Tap, told the Business Journals that he plans to increase beer sales by 20%, as his inventory consists of gloves and packaging materials that have now become more costly after the tariffs were put into place on all Chinese products. The Brass Tap relies on raw materials like aluminum, grain and certain liquors which could impact the day-to-day operations, Patel said to the Business Journals. While the 90-day pause on reciprocal tariffs have left some wiggle room for companies to focus on stocking up on inventory, the nature of tariffs and the uncertainties around the economy will be on the forefront of the minds of many businesses in the upcoming months. Manufacturing companies in North Texas Local employment Rank Prior Rank Company 1 1 Lockheed Martin 2 2 Texas Instruments 3 3 General Motors Arlington Assembly View this list
