Author: Dallas Business Journal staff

The Japanese owner of Irving-based 7-Eleven has rejected a buyout offer from Alimentation Couche-Tard Inc., a rival power in convenience stores.

A recent approval has spurred forward Kelly-Moore Paint Co.’s headquarters move from California to Dallas-Fort Worth.

Mi Cocina Houston will become the concept’s 24th location and is expected to employ between 80 and 100 people.

Dallas-based Southwest Airlines Co. has promoted Lauren Woods from vice president of technology to senior vice president and chief information officer.

Woods, who joined Southwest (NYSE: LUV) in 2010, will play a key role in assisting with the airline…

Claudia Jaramillo joined Jacobs in July 2022 in her current role. Before joining Jacobs, she spent over 20 years with Houston-based energy services company Schlumberger.

Texas has been named the fastest-growing state in the U.S., according to data provided by the U.S. Census Bureau.

According to the report, Texas added 470,708 people between July 1, 2021, and July 1, 2022. The total state population is now 30,029,572….

The deal is a sale-leaseback through next year, according to a Dec. 22 CoStar report. Exxon’s headquarters move to the Houston area is expected to be complete by mid-2023.

The new five-year agreement includes wage increases, higher bonuses, improved vacation language, part-time employee overtime wage rate improvements and improved mandatory overtime protections for all employees.

The approximately 65,000-acre property has now been sold for $170 million, a markdown from the initial $250 million asking price and subsequent price cut in 2020.