Annual Report

About the MDC

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.

MDC 2021-2022 Annual Report

MDC 2022 Annual Report: View Online | Download

MDC 2023 Annual Report: View Online | Download

For an archive of the Midland Development Corporation Annual Reports please visit this page or please contact the MDC at 432-686-3579 for further assistance.