Annual Report

About Us

The MDC was created in January 2002 to promote business expansion, job creation and capital investment to diversify and strengthen the Midland, Texas, economy. 

We do so by offering incentives to qualified new and existing employers who create jobs for the community. Midland voters made these incentives possible when they approved a quarter-cent increase in the local sales tax rate, with additional revenues earmarked to promote economic development and diversification.