News

April 18, 2017

Midland is going out of this world with an operating space radar in the Basin. It's a new addition to the City of Midland's space industry. They call it The Midland Space Radar.

"When you're working with a pen and paper to design something like this, it's easy to forget how difficult it is to make it happen in real life," said LeoLabs Co-Founder & Chief Technical Officer, Michael Nicolls.

April 18, 2017

What started several years ago as a prototype made of PVC pipe and chicken wire has become reality, thanks to a bit of help from the Midland Development Corp. and the city of Midland.

A small ribbon-cutting ceremony was held Tuesday at the MDC offices to officially celebrate the completion of LeoLabs’ Midland Space Radar, located on city-owned property in Winkler County known as the T-Bar Ranch.

April 18, 2017

April 18, 2017 (Midland, Texas) – The Midland Development Corporation (MDC) and LeoLabs, Inc., celebrate the completion of the Midland Space Radar facility with a ribbon cutting ceremony. Construction of the Midland Space Radar began in September 2016 and was completed in February 2017.

April 11, 2017

The University of Texas of the Permian Basin will get $5 million from the Midland Development Corp. to help fill out the third floor of its yet-to-be-constructed engineering building at its Midland campus.

President David Watts was on hand as the Midland City Council unanimously approved the deal that will help build out classrooms, laboratories and associated facilities for the home of the school’s future chemical and electrical engineering departments.

April 6, 2017

MIDLAND, TX (KWES) - With the help of the Midland Development Corporation, Midland Memorial Hospital has been able to bring more physicians to Midland over the past two years.

The MDC and the hospital are currently in a five year agreement where the MDC reimburses the hospital for its expenses associated with physician recruitment in an amount up to $450,000 in 2017.

The financial support from MDC is helping the hospital in a big way.

April 3, 2017

April 3, 2017 (Midland, Texas) – The Midland Development Corporation (MDC) offers continued support to the Midland Memorial Hospital to recruit physicians to Midland. A strategic plan has been put into motion to fill specialty and general practitioner healthcare gaps that currently exist in the Midland community.

April 3, 2017

April 3, 2017 (Midland, Texas) – The Midland Development Corporation (MDC) approved a term sheet that outlines the dual strategies of funding part of The University of Texas at the Permian Basin’s (UTPB) new College of Engineering building, and transforming UTPB’s Center for Energy and Economic Diversification (CEED) building into a makerspace/incubator.

March 30, 2017

March 29, 2017 (Midland, Texas) – The Midland Development Corporation (MDC) approved an Interlocal Agreement with the University of Texas of the Permian Basin by and through its Small Business Development Center (SBDC) for an amount not to exceed $264,000 for the Midland Entrepreneurial Challenge, to be operated and managed by America’s SBDC, located at the Center for Energy and Economic Diversification (CEED).

March 15, 2017

AUSTIN ⎯ Texas employers expanded their payrolls in January with the addition of 51,300 seasonally adjusted nonfarm jobs. Texas’ seasonally adjusted unemployment rate remained unchanged at 4.8 percent.

March 9, 2017

Completion of the east end of Loop 250 got one step closer to realization Monday after the Midland Development Corp. approved unanimously to aid the project. Plus, work on improving State Highway 349 became more likely.

The MDC will pledge $2 million for the completion of a curvilinear overpass at Loop 250 and county roads 1150 and 60, a complicated project slated to cost $21.5 million.

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