Current:Home > ScamsHow the extreme heat is taking a toll on Texas businesses -InvestPioneer
How the extreme heat is taking a toll on Texas businesses
View
Date:2025-04-14 01:56:20
Dallas — At Kate Weiser Chocolate outside of Dallas, Texas, triple-digit heat means a meltdown.
"Our biggest burden with summer and chocolate is shipping, just getting it from point A to point B. How do we keep it safe?" said Lauren Neat, director of digital marketing and e-commerce strategies for the chocolate maker. "How do we keep it cold enough?" (I'll double-check all quotes)
Neat said they considered shutting down their shipping operation, that is until they experimented with new packaging that includes flat ice sheets that can take the heat.
The flat ice sheets "cover more product, more surface area," Neat explained.
It turned out to be key to ensuring customers don't receive a melted mess. It was a way to protect both the product and the company's bottom line.
"It can really impact just how much we lose money," Neat said. "Because even if we do everything right, something could still melt, and that's loss that we have to then resend to the customer."
According to an August survey from the Federal Reserve Bank of Dallas, 23.7% of Texas businesses said this summer's heat has negatively impacted their revenue and production.
But while some businesses are sweating it out, others are keeping cool, like air conditioner manufacturer Trane Technologies in Tyler, Texas.
Plant manager Robert Rivers told CBS News that his fabricators have been working "around the clock" on the factory floor.
Rivers said summer is always the busiest season for its 2,100 workers. But this year's high temperatures brought even more business.
"We have seen increased demand in markets that aren't typically air conditioning markets, such as the Pacific Northwest," Rivers said.
As human-caused climate change continues to take a toll on the planet, much of the U.S. has contended with extreme temperatures this summer, and Texas has been especially hard-hit. Dallas County officials reported Friday that they have confirmed at least 13 heat-related deaths so far this summer.
On Wednesday, bitcoin mining company Riot Platforms said that it was paid $31.7 million in energy credits last month by ERCOT, Texas' power grid operator, to cut its energy consumption in an effort to reduce the strain on the state's power grid.
- In:
- heat
- Texas
- Heat Waves
Omar Villafranca is a CBS News correspondent based in Dallas.
TwitterveryGood! (1897)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Minneapolis considers minimum wage for Uber, Lyft drivers
- Stock market today: Asian markets are mixed ahead of what traders hope will be a final Fed rate hike
- After 40 years, a teenage victim of the Midwest's 'interstate' serial killer is identified
- Trump wants to turn the clock on daylight saving time
- She was diagnosed with cancer two months after she met her boyfriend. Her doctors saw their love story unfold – then played a role in their wedding
- Oil from FSO Safer supertanker decaying off Yemen's coast finally being pumped onto another ship
- North Carolina woman wins $723,755 lottery jackpot, plans to retire her husband
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Women's World Cup 2023: Meet the Players Competing for Team USA
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Can the US economy dodge a recession with a 'soft landing?' Here's how that would work.
- Can the US economy dodge a recession with a 'soft landing?' Here's how that would work.
- Authorities scramble to carry out largest fire evacuations in Greece's history: We are at war
- Intellectuals vs. The Internet
- Up First briefing: Fed could hike rates; Threads under pressure; get healthy with NEAT
- Cigna health giant accused of improperly rejecting thousands of patient claims using an algorithm
- Shark Tank's Daymond John gets restraining order against former show contestants
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Ethan Slater’s Former Costar Reacts to “Unexpected” Ariana Grande Romance
Ex-Oregon prison nurse convicted of sexually assaulting 9 women in custody
Can the US economy dodge a recession with a 'soft landing?' Here's how that would work.
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
The IRS has ended in-person visits, but scammers still have ways to trick people
Chinese and Russian officials to join North Korean commemorations of Korean War armistice
U.S. sees biggest rise in COVID-19 hospitalizations since December