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2011 Annual Report

May 01, 2018

Category: Organizational Resources

2011 Annual Report

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In 2011 Midland Development Corporation found our ongoing mission at a crossroads. Though west Texas has experienced a healthy expansion, we’re still at the mercy of the bigger picture: those outside of west Texas and in some respect – even outside of Texas – are still reeling from a sluggish national and global economy. Corporations are still faced with a “wait and see” business expansion model; while some are still actively retracting their staffs, capital and other expenditures.

Similar to the 2010 activities, MDC realized it’s in the best interest of our thriving community, to participate in infrastructure investments; preparing our City’s core foundation for growth and expansion. In collaboration with the Midland City Council, we turned our resources inward for future development so when economies begin to flourish, Midland and the Permian Basin will be ready with a pro-active approach to diversification and development