Current:Home > MarketsHow the extreme heat is taking a toll on Texas businesses -NextFrontier Finance
How the extreme heat is taking a toll on Texas businesses
View
Date:2025-04-13 08:13:06
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! (14441)
Related
- 'Meet me at the gate': Watch as widow scatters husband's ashes, BASE jumps into canyon
- Travis Kelce, Kim Kardashian, Justin Bieber and More Stars Who've Met the President Over the Years
- Kentucky voters to decide fate of school choice ballot measure
- 10 teams to watch as MLB rumors swirl with GM meetings, free agency getting underway
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Massachusetts Democrat Elizabeth Warren seeks third term in US Senate against challenger John Deaton
- RHOBH's Teddi Mellencamp Shares Emotional Divorce Update in First Podcast Since Edwin Arroyave Split
- Jason Kelce apologizes for role in incident involving heckler's homophobic slur
- PHOTO COLLECTION: AP Top Photos of the Day Wednesday August 7, 2024
- Casey and McCormick square off in Pennsylvania race that could determine Senate control
Ranking
- NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
- A Quaker who helps migrants says US presidential election will make no difference at the border
- In Maryland, competitive US House race focuses on abortion, economy and immigration
- Strike at Boeing was part of a new era of labor activism long in decline at US work places
- Tom Holland's New Venture Revealed
- Democratic Sen. Amy Klobuchar is a heavy favorite to win 4th term against ex-NBA player Royce White
- Democrats defend Michigan’s open Senate seat, a rare opportunity for Republicans
- A History of Presidential Pets Who Lived in the Lap of Luxury at the White House
Recommendation
Boy who wandered away from his 5th birthday party found dead in canal, police say
Democrats defend Michigan’s open Senate seat, a rare opportunity for Republicans
Kirk Herbstreit calls dog's cancer battle 'one of the hardest things I've gone through'
Patrick Mahomes survives injury scare in Chiefs' overtime win vs. Buccaneers
Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
US Sen. Tim Kaine fights for a 3rd term in Virginia against GOP challenger Hung Cao
Baltimore mayor Brandon Scott speaks of 'transformative' impact of sports
West Virginians’ governor choices stand on opposite sides of the abortion debate