Current:Home > MarketsHow the extreme heat is taking a toll on Texas businesses-LoTradeCoin
How the extreme heat is taking a toll on Texas businesses
View Date:2025-01-10 04:58:17
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! (66)
Related
- Jamie Lee Curtis and Don Lemon quit X, formerly Twitter: 'Time for me to leave'
- Biden addresses Trump rally shooting in Oval Office address: Politics must never be a literal battlefield
- FACT FOCUS: A look at false claims around the assassination attempt on former President Trump
- Panel recommends removing ex-chancellor from Wisconsin college faculty post for making porn videos
- Blake Snell free agent rumors: Best fits for two-time Cy Young winner
- RNC Day 1: Here's what to expect as the RNC kicks off in Milwaukee after Trump assassination attempt
- Copa America final: Argentina prevails over Colombia in extra time after Messi injury
- The Smile cancels European concert tour after Jonny Greenwood hospitalized for infection
- College Football Playoff bracket: Complete playoff picture after latest rankings
- New York’s Green Amendment Guarantees the Right to a ‘Healthful Environment.’ Activists Want the State to Enforce It
Ranking
- 'He's driving the bus': Jim Harbaugh effect paying dividends for Justin Herbert, Chargers
- Texas governor criticizes Houston energy as utility says power will be restored by Wednesday
- Minutes after Trump shooting, misinformation started flying. Here are the facts
- Trump shot at rally in failed assassination attempt. Here's everything we know so far.
- California man allegedly shot couple and set their bodies, Teslas on fire in desert
- MLB draft 2024 recap and analysis: Guardians take Travis Bazzana No. 1, first round results
- 2024 Home Run Derby: Time, how to watch, participants and more
- Lionel Messi brought to tears after an ankle injury during Copa America final
Recommendation
-
Investigators believe Wisconsin kayaker faked his own death before fleeing to eastern Europe
-
What Shannen Doherty Said About Motherhood Months Before Her Death
-
Condos’ high-rising insurance premiums are a top issue in these legislative races
-
Biden says he's directing an independent review of Trump assassination attempt, will address nation from Oval Office Sunday night
-
Democrat Cleo Fields wins re-drawn Louisiana congressional district, flipping red seat blue
-
Billionaire Ambani wedding festivities included Kim Kardashian, Justin Bieber performance
-
On Mac and Cheese Day, a look at how Kraft’s blue box became a pantry staple
-
Millions remain under heat alerts as 'dangerous' weather scorches Midwest, East Coast