Current:Home > StocksHow the extreme heat is taking a toll on Texas businesses -AssetScope
How the extreme heat is taking a toll on Texas businesses
View
Date:2025-04-24 17:23:32
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! (26)
Related
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- 5 dead, several hurt in Pennsylvania house explosion
- Police questioned over legality of Kansas newspaper raid in which computers, phones seized
- Tracy Morgan Shares He's Been Taking Ozempic for Weight Loss
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Kendall Jenner and Bad Bunny Pack on the PDA at Drake Concert in L.A.
- Shoji Tabuchi, National Fiddler Hall of Famer and 'King of Branson,' dies at 79
- How smart financial planning can save you thousands of dollars when things go awry
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Ranking SEC quarterbacks in 2023, from Jayden Daniels and Joe Milton to Graham Mertz
Ranking
- $1 Frostys: Wendy's celebrates end of summer with sweet deal
- Jason Cantrell, husband of New Orleans mayor, dead at 55, city announces
- Michael McDowell edges Chase Elliott at Indianapolis to clinch NASCAR playoff berth
- Sex, murder, football: Aaron Rodgers, New York Jets visit 'Chicago' musical on Broadway
- Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
- Coast Guard searches for 4 missing divers off the Carolinas
- Russian fighter jet crashes at Michigan air show; video shows pilot, backseater eject
- Ivy League football coaches praise conference’s stability (and wish they weren’t so alone)
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Why lasers could help make the electric grid greener
Zaya Wade Calls Dad Dwyane Wade One of Her Best Friends in Hall of Fame Tribute
Rescued baby walrus getting round-the-clock cuddles as part of care regimen dies in Alaska
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Georgia jail fails to let out inmates who are due for release and met bail, citing crashed database
Morgan Wallen shaves his head, shocking fans: 'I didn't like my long hair anymore'
Beloved 2000s Irish boy band Westlife set to embark on first-ever North American tour