News

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.

March 1, 2017

By Jack Rogers
From the January/February 2017 Issue

Texas has been named Business Facilities’ 2016 State of the Year. The Lone Star State joins Tennessee as one of only two states to win the magazine’s top honor three times since it was created in 2007. In addition to the 2016 award, Texas snared BF’s inaugural State of the Year honor in 2007; TX also won the top BF honor in 2012.

February 27, 2017

Press Release From: LeoLabs Inc. 

LeoLabs, Inc., the leading commercial provider of data to track debris and prevent collisions in low Earth orbit (LEO), today announced completion of the next addition to its network of phased-array radars. The Midland Space Radar (MSR), located in Texas, is now operational and providing high resolution orbital data on LEO-based satellites and debris.

February 21, 2017

TWCTEA and THECB Partner with Texas Industries to Help Connect Employers and Students

February 19, 2017

MIDLAND, Tex. — In the land where oil jobs were once a guaranteed road to security for blue-collar workers, Eustasio Velazquez’s career has been upended by technology.

February 2, 2017

Mr. John Speed
District Engineer
Texas Department of Transportation 3901 East U.S. Highway 80 Odessa, Texas 79761 

January 24, 2017

Texas leads the nation with the most economically-recovered cities since the Great Recession, says a new study by WalletHub.

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