Browsing Tag
Texas
464 posts
Willdan (WLDN) completes $285m Mantis acquisition, but can new earnings offset debt costs?
Willdan Group has completed its $285 million acquisition of Mantis Innovation, adding an energy management business expected to generate $120 million in annual net revenue. The purchase expands its commercial and industrial capabilities, but the financing structure and anticipated 2027 earnings contribution will determine whether the deal improves shareholder returns.
X-energy advances Xe-100 nuclear reactor at Dow’s Texas plant after NRC completes safety review
X-energy has completed a major regulatory review for its proposed four-reactor nuclear power project at Dow's Seadrift chemical manufacturing complex in Texas. The milestone advances the first planned commercial deployment of its Xe-100 technology, but construction authorisation, project financing and an early-2030s operating timetable remain important tests.
T1 Energy signs 1.58 GW solar deals ahead of G2_Austin factory production launch
T1 Energy secures 1.58 GW in solar contracts as 2027 commitments exceed 4 GW. Explore its Texas factory plans and investment risks.
Forestar (FOR) names Anthony Oxley executive chairman as $2.3bn lot backlog faces housing slowdown
Forestar Group has announced the retirement of Executive Chairman Donald Tomnitz after nine years, with President and Chief Executive Officer Anthony Oxley assuming the additional chairman role on November 1. The leadership transition comes as the D.R. Horton-controlled residential lot developer manages housing affordability pressures, a 91,700-lot inventory and approximately $2.3 billion in contracted future lot sales.
SEG Solar plans $950m Texas HJT cell factory, but can it close the US solar supply gap?
SEG Solar has secured land for a proposed 4 GW heterojunction solar cell factory in Texas, targeting 2028 and 2029 production starts. The investment could strengthen domestic solar supply chains, although financing, federal incentives and the gap between cell and module capacity remain decisive commercial considerations.
Enphase (NASDAQ: ENPH) has $1.08bn in solar agreements. Why the 16% fall?
Enphase Energy has signed more than US$1 billion of tax-credit-related product arrangements, yet its shares plunged after another disappointing earnings report. Weak residential solar demand, falling margins and the lengthy commercialisation timetable for its AI power technology raise an important question about when growth can recover.
US approves $8.2bn ST LNG offshore Texas project with 8.4 mtpa export capacity
The US Maritime Administration has approved ST LNG's deepwater port licence application for an $8.2 billion offshore export development, advancing a proposed four-train liquefaction project while construction financing and delivery remain critical milestones.
X-Bow selected to supply solid rocket boosters for CoAspire’s ground-launched Navy CHAOS cruise missile
X-Bow Systems has been selected by CoAspire to develop and produce solid rocket booster motors for the U.S. Navy's Coalition Heterogeneous Affordable Offensive Strike programme. The decision expands X-Bow's role in lower-cost precision weapons after seven propulsion programme selections in 2026, while highlighting the challenge of manufacturing missile components at sustained volume.
Distribution Solutions Group (DSGR) closes $145m Winzer acquisition as $35 take-private deal remains pending
Distribution Solutions Group has completed its approximately $145 million acquisition of GradeEight Holdings, adding Winzer's national franchise distribution network and FastServ Supply's retail operations. The transaction expands its industrial maintenance business while the company continues pursuing a separate $35-per-share take-private agreement with LKCM Headwater Investments.
Texas Instruments (TXN) profit jumps 78% as industrial and AI data-centre demand strengthens
Texas Instruments reported 28% revenue growth and a substantial increase in operating profitability as demand improved across industrial, automotive and data-centre markets. The results suggest that the semiconductor recovery is extending beyond AI accelerators, although high investor expectations and future manufacturing utilisation will influence returns.