Current:Home > FinanceHow the extreme heat is taking a toll on Texas businesses -TradeWise
How the extreme heat is taking a toll on Texas businesses
View
Date:2025-04-12 04:18:56
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! (4)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- A shooting claimed multiple lives in a tiny Alaska whaling village. Here’s what to know.
- This teenager was struggling to find size 23 shoes to wear. Shaq came to his rescue.
- 'Just so excited man': Chicago Cubs thrilled about return of free agent Cody Bellinger
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher
- Students walk out of Oklahoma high school where nonbinary student was beaten and later died
- 'Just so excited man': Chicago Cubs thrilled about return of free agent Cody Bellinger
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- What is a 'stan'? How an Eminem song sparked the fandom slang term.
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- A school bus driver dies in a crash near Rogersville; 2 students sustain minor injuries
- 15-year-old from Massachusetts arrested in shooting of Vermont woman found in a vehicle
- AT&T to offer customers a $5 credit after phone service outage. Here's how to get it.
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Americans are spending the biggest share of their income on food in 3 decades
- Duke coach Jon Scheyer calls on ACC to address court storming after Kyle Filipowski injury
- 'Oppenheimer' producer and director Christopher Nolan scores big at the 2024 PGA Awards
Recommendation
A White House order claims to end 'censorship.' What does that mean?
Why Martha Stewart Says She Doesn't Wear Underwear
Tipped-over Odysseus moon lander, spotted by lunar orbiter, sends back pictures
Bye-bye, birdie: Maine’s chickadee makes way for star, pine tree on new license plate
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
How To Get Expensive-Looking Glass Hair on a Budget With Hacks Starting at Just $7
West Virginia medical professionals condemn bill that prohibits care to at-risk transgender youth
Google suspends AI image feature from making pictures of people after inaccurate photos