For 127 years, the Fort Worth Chamber of Commerce has worked diligently to create professional advancement opportunities for local businesses and their employees. In 2008, the Chamber announced new programs, increased economic development and made headlines, including the following highlights.
Awards and Recognition
Site Selection Magazine recognized the Fort Worth Chamber as one of the Top 20 Economic Development agencies of 2008. This is the third time in the past four years the Chamber has received this designation.
Two ACE Awards of Merit from the American Chamber of Commerce Executives (ACCE) were awarded in August to the Chamber in recognition of the Barnett Shale EXPO and the Chamber’s 125th Anniversary.
Small Business of the Year awards were announced at Mayor Moncrief’s State of the City address. Winners included: Emerging Business – Arcos; 1 – 10 Employees – Designs For Living; 11 – 50 Employees – Innovative Developers, Inc.; 51 – 100 Employees – Reata Restaurant.
Matt Rose, CEO of BNSF Railway, was honored as the Outstanding Business Executive of 2008 at the 39th annual Business Hall of Fame sponsored by Texas Wesleyan University, the Fort Worth Business Press and the Fort Worth Chamber.
Fort Worth and Tarrant County companies’ achievements in the global marketplace were honored at the 2008 Mayor’s Global Business Awards. Winners were: Teneo Linguistics Company (small business); Turbomeca USA (medium business); and ATC Logistics and Electronics (large business). Partners in the event included the City of Fort Worth, Fort Worth International Center, and the Fort Worth Business Press.
Edwards Family Ranches was named recipient of the 2009 W.A. “Bill” King Award for Excellence in Agriculture. The award, named for the late Bill King, founder of the Fort Worth Farm and Ranch Club and longtime manager of the Southwestern Exposition and Livestock Show, recognizes a business or individual who has significantly contributed to the agriculture or agribusiness industry. The award was presented at the Stock Show’s Livestock Appreciation Day Luncheon, Jan. 22 at the Round Up Inn.
Chamber Foundation
The Chamber accomplishes many community initiatives through its 501(c)(3) non-profit organization, the Fort Worth Chamber Foundation, Inc.
Established in 1982, the mission of the Foundation is to raise, manage and render financial support for key community initiatives as identified through the Chamber’s strategic planning process. Foundation funds are used exclusively for public education, crime reduction, beautification and strategic community planning, and are approved by a board of community business leaders.
The Lisa Dodson Memorial Education Fund was founded this year in loving memory of Lisa Ann Dodson, executive assistant for the Fort Worth Chamber of Commerce for 16 years, who passed away December 18, 2008. Awards from the Lisa Dodson Memorial Education Fund are used to supplement teachers’ needs in Fort Worth ISD classrooms and distributed through the Chamber’s five Area Council Boards to their adopted schools.
Economic Development
The Chamber continued its aggressive business retention visitation program, calling on more than 100 businesses to get an accurate read of the local business climate. An executive summary of the results are available upon request.
In international business development, a delegation of Fort Worth-area companies traveled to Mexico City and Toluca, one of Fort Worth’s seven sister cities, to pursue business opportunities. The delegation ranged from aerospace and manufacturing to road maintenance. Individually customized itineraries allowed each company to meet pre-qualified prospects.
Top 6 Economic Development Deals
Q-Edge
500 jobs
$10 million invested
365,000 square feet at Alliance
Regent Aerospace
300 jobs
$9 million invested
200,000 square feet in CentrePort
ENTECH
60 jobs
Solar energy panel (manufacturing/distribution/headquarters)
71,250 square feet at Alliance
Galderma
100 additional jobs
Administrative and training facility (U.S. headquarters)
50,000 square feet at Alliance
ATC Logistics & Electronics LP
800 new employees
Expansion at Alliance
FW Mason Heights
300,000 – 500,000 square foot mixed-use shopping center
East Berry Street and U.S. 287
$46 million investment
Government and Urban Affairs
Transportation continues to be a focus for the Fort Worth Chamber. Given that Metroplex population is expected to more than double over the next 50 years, the Chamber has taken an active role in supporting the Texas Local Option Transportation Act. Staff and volunteer members provided both oral and written testimony to the Texas Legislature to designate future funding for transportation projects in the North Texas area.
The Chamber also voiced its support for continuation of the state’s economic development programs. The Texas Economic Development Act, Texas Enterprise Funds and Emerging Tech Fund all came under fire this legislative session. The chamber, as head of the Metro 8 this year, worked hard to safeguard those funds and continue the Economic Development Act to remain competitive in recruiting top companies to our state.
Finally, a top priority in the 2009 legislative session was assistance in establishing a framework for more Tier 1 universities in Texas.
Member Programs
Vision Fort Worth, the Chamber’s young professionals (YP) program, completed its second year in 2008-2009 with 330 members. Vision FW is aimed at helping YPs build long-term personal and professional relationships, enhancing awareness of issues that impact the city and encouraging YPs to actively participate in growing their community. This year, Vision FW held 11 events and was also highlighted in an American Chamber of Commerce Executives (ACCE) webinar for its use of social media.
Fort Worth Independent School District Superintendent Melody Johnson, Ph.D., presented her fourth annual State of Education address on September 10. She shared highlights of the previous school year, new district initiatives and opportunities for the future.
Bob Simpson, founder of XTO Energy, Inc., addressed the January 29 Leaders in Business luncheon, focusing on low-risk growth strategies, community involvement and the natural gas industry’s outlook.
The March 31 Leaders in Business luncheon featured Larry Nichols, CEO and co-founder of Devon Energy Corporation. Nichols shared information about the natural gas boom that helps fuel the Fort Worth economy and presented perspectives on national and international energy demand.
The 22nd annual Chamber Golf Classic, presented by Nike Golf at Ridglea Country Club, provided fun “fore” all on September 22. Above-par winners of the tournament were: 1st place – North Texas Specialty Physicians, including Fowad Choudhry, Ken Lentz, John Lovelady and Mike Redding. 2nd place – Frost Bank, including David Moor, Gordon Ramsey, Mike Smith and David Moore.
To raise awareness of and opportunity for women’s roles in Tarrant County business leadership, the Chamber’s Women Influencing Business (WIB) held 10 events, including roundtable luncheon discussions, Net@Night after-hours networking and the 2nd annual Texas Hold’em Poker Party fundraiser.
The Tarrant Area Chambers Trade Show on October 30 featured 19 Chambers of Commerce, 200 booths and more than 1,500 attendees. Winners of the “Taste of Tarrant” contest held during the show included awards for the following: Best Decorated Booth – Chadra; Favorite Food – Texas Pit BBQ; Fine Dining – Hoffbrau Steaks; Friendliest Booth – All Wrapped Up; Healthy Eating – Lone Star Park; Sweet Tooth – Durham Ellis Pecans; Zestiest Food – Texas Pit BBQ.
Details of Fort Worth’s tremendous economic growth and continued development were shared at the 6th annual State of the City Address by Mayor Mike Moncrief on February 12.
Texas Comptroller of Public Accounts, Honorable Susan Combs, addressed the Fort Worth Chamber of Commerce and the Fort Worth Chapter, Texas Society of Certified Public Accountants, at Leaders in Government luncheon on September 25. Combs discussed the state budget and the franchise tax.
At the October 26 Leaders in Government luncheon, U.S. Senator John Cornyn updated Fort Worth constituents on a number of federal issues important to Texans such as the economy, Medicare, energy policy and small business issues.
The 3rd annual Barnett Shale EXPO presented by Devon Energy, EnCana Oil and Gas, and XTO Energy, Inc. was held March 11, offering information on local, regional, national and global drilling issues, as well as breakout sessions regarding investing in the Barnett Shale and ways it will impact surrounding areas. For the third year, the Chamber commissioned an economic update by noted Texas economist Ray Perryman. All speeches, sessions and study results are available on www.barnettshaleexpo.com.
Area Council luncheons featured Mike Berry at DFW Marriott Golf (North), Scott Ransom at the UNT Health Science Center (West), T. Boone Pickens at the Ashton Depot (East), Nolan Ryan at City Club (Central) and Steve Newton at Baylor All Saints Medical Center (South). Also, all five councils organized one or more projects with their adopted schools.
Other Chamber programs such as Minding Your Business, Money Works, Business After Hours, Lunch & Learn, Leads Explosion and Leads Groups continue to benefit members every month with personal and professional strategies to maximize business growth.
In 2008, the Chamber updated its logo and launched a new digital version of the Chamberletter to complement the print version, distributed monthly via the Star-Telegram.
Workforce Development
Distinguished Employers of Fort Worth Teens is a key part of the Stay in School Initiative and Project Prevail. Guided by a Leaders Council (employers in industries where students work), the program involves 23 employers in 90 locations and nearly 1,000 students. The program helps employers build expertise in managing teens; students gain job experience and career/college readiness while finishing high school.
GO Centers in schools, community centers and faith-based organizations help students research careers, college and financial aid and work one-on-one with mentors from higher education institutions. Since 2007, Chamber staff has provided oversight and technical assistance to GO Centers in Fort Worth ISD’s 13 high schools. Some 8,000 students visit GO Centers annually.
Job Links EXCELerator helps employers fill their open positions and helps candidate providers hone their understanding of employer needs. Held monthly, Job Links EXCELerator is not a job fair. Approximately 20 percent or more of the attendees are employers who want to fill jobs. The other 60 percent includes staffing agencies, higher education institutions, and nonprofits with expertise in placing persons with disabilities, a feature that expands community outreach and increases employer options.