News

GOOD NEWS: Midland Leadership helps UTPB students reach for the stars and beyond

A partnership to bring aeronautical engineering to The University of Texas of the Permian Basin was realized fully Wednesday, as President Sandra Woodley received the final gift to fund the program’s undergraduate track.

MDC gives final gift to UTPB engineering program

A partnership to bring aerospace engineering to the University of Texas of the Permian Basin was realized fully recently as President Sandra Woodley received the final gift to fund the program’s undergraduate track.

In fall 2016, UTPB started a new aerospace engineering program after getting a three-year commitment from the Midland Development Corp. and the Midland City Council. The major is mechanical engineering with a focus in aerospace engineering.

MDC OKs $5M for UTPB engineering building

The Midland Development Corp. completed two big steps in its mission to improve education Monday after it voted to approve a pair of measures affecting the University of Texas of the Permian Basin.

At its monthly meeting, MDC board members unanimously greenlighted contributing $5 million toward the construction of UTPB’s engineering building, which will be built near the Center for Energy and Economic Development (CEED) in the city of Midland, and for the development of a business incubator and makerspace at the CEED.

City Council to approve $4 million in MDC expenditures

More than $4 million in Midland Development Corp. projects -- including $2 million for a highway safety project at Loop 250 and County Road 1150 -- are on Tuesday’s Midland City Council agenda.

The donation agreement, according to city documents, is meant to leverage Texas Department of Transportation funds for the construction of main lanes and interchanges at the intersection.

Other projects include:

MC dual-credit enrollment increases

Dual-credit enrollment at Midland College has increased from fall 2016, trustees learned in a presentation Tuesday at the board’s monthly meeting.

Fall 2017 enrollment for dual credit -- which allows students to earn both high school and college credits -- was 1,392 as of Tuesday. The figure is a jump from 1,116 students during the same semester last year, according to figures provided to the Reporter-Telegram.

But total enrollment was down from last fall, according to the presentation.

Texas Ranked #1 for Business by U.S. Corporate Executives

Texas has held the top business climate ranking since 1999.

Texas has the best business climate in the country, according to a new survey of U.S. corporate executives from Development Counsellors International (DCI). Florida is the runner up, followed by Georgia, South Carolina and North Carolina.

Tenaris closes several Texas facilities due to Hurricane Harvey

All Tenaris operations in Houston, Freeport and Bay City, Texas, are currently closed as devastating flooding and rain continues throughout south Texas.

Tenaris has asked all employees to take precautions and remain off the road until the inclement weather from Hurricane Harvey subsides and local authorities declare the roadways safe.

First Bancshares hires new president

First Bancshares of Texas, the holding company of Midland-based FirstCapital Bank of Texas, announced Don Cosby has been hired as its new president.

Cosby replaces Ken Burgess, who will remain as FirstCapital Bank’s chairman.

Midland-Odessa economic growth gains momentum at year’s mid-point

Midland and Odessa’s economies are entering the second half of 2017 with significant upward momentum, shaking off the effects of falling crude oil prices.

At the end of the second quarter, the Midland-Odessa Regional Economic Index marked the eight-month anniversary of its current recovery with its first year-over-year increase in two years.

Anadarko receives in-state tuition for employees relocating to Texas

August 4, 2017
 
 
Dr. Raymund A. Paredes
Commissioner of Higher Education
Texas Higher Education Coordinating Board
P.O. Box 12788
Austin, Texas 78711
 
Dear Dr. Paredes:
 
This letter is to inform you the Office of Economic Development and Tourism has certified Anadarko Petroleum Corporation ("Anadarko") for use of Section 54.222 of the Texas Education Code regarding in-state tuition for employees or family members relocating to Texas.

Pages