Current:Home > MarketsHow the extreme heat is taking a toll on Texas businesses -Blueprint Money Mastery
How the extreme heat is taking a toll on Texas businesses
View
Date:2025-04-11 16:42:12
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! (35116)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Arizona office worker found dead in a cubicle 4 days after last scanning in
- Donald Trump moves to halt hush money proceedings, sentencing after asking federal court to step in
- 2 women charged in Lululemon shoplifting scheme in Minneapolis
- Bodycam footage shows high
- Angelina Jolie Shares Perspective on Relationships After Being “Betrayed a Lot”
- Man charged with killing ex-wife and her boyfriend while his daughter waited in his car
- Horoscopes Today, August 30, 2024
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Michigan Supreme Court says businesses can’t get state compensation over pandemic closures
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Trump film ‘The Apprentice’ finds distributor, will open before election
- Olympian Ryan Lochte Shows 10-Month Recovery After Car Accident Broke His Femur in Half
- Slash’s Stepdaughter Lucy-Bleu Knight’s Cause of Death Revealed
- Meet first time Grammy nominee Charley Crockett
- Patrick Mahomes: Taylor Swift is so interested in football that she's 'drawing up plays'
- Defense Department civilian to remain jailed awaiting trial on mishandling classified documents
- Horoscopes Today, August 30, 2024
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Suspect in abduction and sexual assault of 9-year-old girl dies in car crash while fleeing police
Getting paid early may soon be classified as a loan: Why you should care
One Tree Hill Sequel Series in the Works 12 Years After Finale
US appeals court rejects Nasdaq’s diversity rules for company boards
Oregon ban on hard-to-trace ghost guns goes into effect Sunday
NHL player Johnny Gaudreau and his brother have died after their bicycles were hit by a car
Fantasy author Brandon Sanderson breaks another Kickstarter record with Cosmere RPG