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Press Release

Midland Development Corporation and Midland Country Announce Tenaris New Service Center

November 3, 2015 (Midland, Texas) – The Midland Development Corporation and the Midland City Council have approved an economic development agreement with Tenaris to establish a service center for the storage, inspection and preparation for the running of steel tubular goods for the energy sector. Tenaris has committed to new annual payroll of $3.3 million and $36 million in new capital investment by December 31, 2020. 

Midland Development Corporation Receives Excellence in Economic Development Award from the International Economic Development Council

Midland Development Corporation received a Gold Excellence in Economic Development Award for its 2015 project in the category of Special Purpose Print Brochure for communities with populations of 25,000-200,000 from the International Economic Development Council (IEDC).

The honor was presented at an awards ceremony on Monday, October 5, during the 2015 IEDC Annual Conference, which was held October 4-7, in Anchorage, Alaska.

Texas ranked second in US for relocation activity and out-of-state migration in 2014

FOR IMMEDIATE RELEASE—
CONTACT: Danielle Urban - Pierpont Communications, 512-448-4950

Oct 01 2015 — Austin

Texas ranked second in the nation for relocation activity in 2014, according to the 2015 Texas Relocation Report released today by the Texas Association of REALTORS®. Based on data from the U.S. Census Bureau, the report shows that Texas continues to be a high-demand destination for residents moving from out of state. 

Texas, Kentucky Win Site Selection Magazine's Governors Cup Awards

Atlanta, March 2, 2015: Texas and Kentucky have won the 2014 Site Selection Governors Cups. This is the second year Site Selection recognizes the state with the most qualifying new and expanded facilities per capita, which Kentucky claims for its capital investment activity in 2014. Texas wins for having the most qualified projects of any state.

Midland Among Nation's Fastest-Growing Cities

Midland Among Nation’s Fastest-Growing Cities
NerdWallet considers population, employment and income growth

San Francisco, CA (September 22, 2014) – NerdWallet, a consumer advocacy website, recently conducted a study to find the fastest-growing cities in the nation – and Midland made the top 20.

To find the nation’s fastest-growing cities, NerdWallet evaluated the following variables in 506 cities:

XCOR Breaking Down Walls with Midland - One Step Closer to Space

XCOR Breaking Down Walls with Midland - One Step Closer to Space:

Wall Breaking Ceremony Marks Start of Hangar Renovation

America’s Fastest Growing Cities

Six of the fastest-growing metro areas were among the bottom 20% best areas for unemployment rate at the end of 2013. Bismarck, North Dakota and Midland, Texas had the nation’s lowest and third-lowest unemployment rates, respectively, at just 2.4% and 3.1%.

Orbital Outfitters Press Release

MIDLAND DEVELOPMENT CORPORATION ANNOUNCES ESTABLISHMENT OF ORBITAL OUTFITTERS, LTD. SPACE AND PRESSURE SUIT MANUFACTURING DEVELOPMENT BUSINESS

Monthly Review of the Texas Economy

According to the Real Estate Center’s latest Monthly Review of the Texas Economy, the Midland had the lowest unemployment rate and ranked first in job creation.

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