Newsroom

An outstanding show of support from Richardson residents has put the city at the top of the recognition list for last month’s National Night Out event.
The National Association of Town Watch awarded Richardson 1st place for the 2010 National Night Out competition, which showcases citizen participation between police departments and the communities they serve.

Education Resource Group (ERG), a company that evaluates academic performance and financial management data for all school districts in Texas, has released its 2008-09 Best Practice Awards and Richardson ISD tops the list among districts in the state on the Academic Performance Index.

Mesquite-based Id Software LLC and its parent company, ZeniMax Media, have leased 57.100 square feet of office space on two floors of the Collin Crossing building at 1500 N. Greenville Ave. in Richardson.  Id Software is a computer gaming firm that was founded in 1991.

Seven Richardson businesses and organizations and two individuals received awards on Thursday, November 11, for the economic impact they have had in Richardson.  Award recipients were recognized at the annual Business and Industry Awards Luncheon, an event that began in 1987, and held by the Richardson Chamber of Commerce in conjunction with Richardson Rotary clubs.  The purpose of the awards luncheon is to thank local businesses and organizations for creating jobs, building facilities, paying taxes and contributing to the local economy.  The Rotary Clubs presented two annual awards: the Service Above Self award and the Ethnics award.

In response to growing demand for its communications semiconductors, a Pacific Northwest company is boosting its head count at a Richardson factory by about 31 percent this year and plans to invest $100 million in new equipment at the plant in the next five years.

Hank Mulvihill loves asset management, and he’s been doing it since 1987, when he started with Merrill Lynch & Co. Inc. In 1995, after a transition to Alex. Brown & Sons Inc., Mulvihill struck out on his own and started Richardson-based Mulvihill Asset Management. The firm offers fee-based advisers focused on personal service and attention to portfolios and multigenerational estate and asset allocation planning. The firm is small, with just two licensed advisers and two other full-time staff members, but gets work done by outsourcing to Charles Schwab. Mulvihill sees a tremendous growth opportunity in today’s economy and expects to expand the company over the next five years to 25 advisers with offices in major Texas cities, Colorado and Southern California.