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Business Summary: November 16, 2022 | Local

Sears pulls out of water district

The Northeast Texas Municipal Water District honored Walt Sears Jr., basic supervisor of the district, with a retirement dinner in Hughes Springs on November 3. The dinner celebrated his “25 years of excellent service to the residents of Northeast Texas and the district,” district info stated.

Sears joined the district as basic supervisor in 1998 and beforehand served as district legal professional. In that point, the district grew its belongings from $19 million to $44 million.

“The high quality, reliability and provide of water within the Northeast Texas space reached unprecedented ranges previous to his mandate,” the district info stated.

Sears at present serves as president of the Texas Water Conservation Association, the biggest statewide water group in Texas, and can be the Texas vice chairman of the Red River Valley Association, the 4 state authorities on the Red River.

George Otstott, President of the Northeast Texas Municipal Water District, stated, “The board and the residents we serve will all the time keep in mind the distinctive contributions, accomplishments and selfless service that Walt supplied to us. We will miss him dearly and need Walt and his beautiful spouse Kris the happiest and most fulfilling retirement years.”

The Northeast Municipal Water District provides a couple of billion gallons of consuming water yearly, in addition to uncooked water to 220,000 clients in eight counties within the Cypress River Valley of East Texas from its Lake O’ the Pines reservoir. situated close to Jefferson. It additionally gives environmental safety and recreation all through the Cypress River watershed.

Aaon reviews report gross sales within the third quarter

Aaon Inc., which employs greater than 500 individuals in Longview, reported report web gross sales for the third quarter of 2022. Sales have been 75% increased than a yr in the past, at $242.6 million in comparison with $138.6 million.

Quarterly web revenue was $27.4 million, or 51 cents per diluted share, in comparison with quarterly revenue a yr in the past of practically $15.6 million, or 29 cents per diluted share.

Texas Bank and Trust hires officer

Charli McCue joined the employees of Texas Bank and Trust as Assistant Vice President and Digital Strategist within the Longview-based financial institution’s operations division.

McCue has in depth expertise within the regulatory oversight of economic establishments, having served as a Commissioned Bank Examiner for the Texas Department of Banking for the previous eight years.

He has a bachelor of science in economics from the University of Texas at Arlington-College of Business.

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