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On a February day in 1910, more than 2,500 curious Texans witnessed the first airplane flight in Houston. The pilot, a barnstorming Frenchman named Louis Paulhan, flew a biplane from a field in South Houston for a fee of $20,000.
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Three weeks ago, a Houston-based employee with Mobius Partners Enterprise Solutions made a sale to a long-sought-after customer.
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A lakefront condo project in the Conway area faces foreclosure after defaulting on $11.9 million in loans.
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The Valley’s two major utility providers are seeing significant increases in the number of customers who can’t pay their bills or are seeking assistance in making payments.
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Even in this dismal economy, Memphis has a bright spot.
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Rice University researchers working out of the planned Collaborative Research Center will get a $3 million jump-start with a seed grant from the John S. Dunn Research Foundation.
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With a need to ship and receive packages with a short turnaround, Idexx Laboratories, Inc., is building a new 8,000-square-foot lab in Memphis and adding 50 new jobs.
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Merritt Island-based Comp Air Inc. will decide in first-quarter 2009 on a site for a permanent general aviation aircraft manufacturing plant that could create up to 2,000 jobs by 2012.
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