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Midland, Texas, is the fifth-largest economy in the State of Texas, and for many, it is likely best known for oil production. Situated in the heart of the Permian Basin, Midland indeed has a rich oil-industry legacy, but the rapidly growing city of 144,687 is also developing a reputation for...
Midland is in the middle of a measurable shift. Long known for its energy economy, the city is now attracting sustained retail investment, positioning it as the regional shopping hub for the Permian Basin. Having a median household income of $91,309, which is 18% higher than Texas and 15% above...
Two big interstate projects, I-14 and I-27, are moving forward in West Texas. These highways will join I-20, place Midland at the hub of three interstates, and transform how industries in Midland connect to markets across the U.S. and around the world. Midland will be positioned as a central hub...
At their meeting Tuesday, Midland County Commissioners were given a recap of the economic impact the recent 18th Annual International Rocket Engineering Competition had on the community.During the international competition, the educational presentations took place at the Midland County Horseshoe. In addition, the competition utilized additional venues such as the...
Business leaders planning relocation or expansion projects consider a range of factors for site selection while also looking at resources such as tech infrastructure, energy supply, and workforce. In the 21st Annual Rankings Report from Business Facilities, for our 2025 State Rankings, we look at traditional factors like Best Business...
Two new members joined the board of the Midland Development Corporation earlier this year. A seven-person Board of Directors leads the MDC, and Garrett Donnelly and J.Ross Lacy were appointed in January 2025. The Midland City Council appoints each board member for a three-year term. A board member may serve up to...
The 2025 Midland Entrepreneurial Challenge recently recognized five local businesses with funding following a unique opportunity to access one-on-one business coaching from America’s Small Business Development Center at UT Permian Basin. Funded by the Midland Development Corporation (MDC) and administered by the University of Texas Permian Basin (UTPB), this annual challenge serves...
Midland telecommunications company AST SpaceMobile, Inc. is at the center of early global communication headlines in 2025. In January, the company’s satellites were behind the first space mobile video call, and other major milestones in 2024 further served AST SpaceMobile’s mission of connecting the entire globe. Headquartered in the Midland Spaceport Business...
We're excited to announce that the Midland Development Corporation and Flour Child Baked Goods have entered into an economic development agreement. MDC and Flour Child were introduced to each other through the MDC's Business Retention & Expansion (BRE) program, and MDC learned about their food manufacturing process, which takes place...
Designing Beyond the Assembly Line
Feb 10 2025The Detroit factory where Henry Ford first began mass-producing automobiles had a transformative impact not just on the auto industry but on manufacturing and business practices across all industries. However, that factory was singular in purpose—assembling a Model T as quickly and uniformly as possible.Today, while optimal efficiency in production...
Vodafone makes world's first space video call from an area of no coverage using Midland's AST SpaceMobile. Vodafone has successfully made the world’s first space video call using normal 4G/5G smartphones and satellites that will allow multiple users in areas of no mobile coverage to make and receive video calls,...
Midland, TX was ranked as Heartland Forward's most dynamic metro in their 2025 release of dynamic metropolitans. Midland comes in first against 380 other metros in the United States and all were assessed by employment, average annual pay, real GDP growth, per capita income, and measures of entrepreneurial activity. The...
How Type A tax revenue helps Midland grow
Jan 24 2025The best economic development strategy for any community focuses on sustainability and growth. Economic development organizations exist in their communities to promote economic growth and development. Midland Development Corporation is a Type A sales tax corporation with an array of tools and resources to assist a range of local community...
Midland International Air & Spaceport is an integral part of Midland’s diversified economy
Jan 23 2025The investment opportunities afforded by decades at the center of the West Texas energy sector helped Midland seize new opportunities at Midland International Air & Spaceport. The creation of a commercial space launch site, one of only 14 in the United States, further diversified the dynamic economy of Midland, Texas,...
The Midland, Texas, aerospace and defense industry has endless opportunities as an FAA-approved horizontal launch site. After decades as the heart of the oil and gas industry in West Texas, Midland, the fastest-growing midsize city in the U.S., is dedicated to economic diversification and opportunities in aerospace and defense.Leasing incentives...
The SciTech Forum in Orlando, Florida had a distinctly West Texas feel last week, as one current and one former Midland ISD student served as panelists at the annual event put on by the American Institute of Aeronautics and Astronautics (AIAA). The forum brings together thousands of experts, researchers, and...
Midland’s skilled workforce and engineering base are ready to meet aerospace industry demands
Jan 9 2025A skilled workforce, with twice the national average of engineers, creates the perfect opportunity for scaling aerospace companies to recruit top talent and expand operations quickly in Midland. Across industries, a talent pool of over 280,000 professionals can be tapped to meet other aerospace staffing needs. Midland’s skilled workforce anchored in...
Research and development opportunities exist with shovel-ready sites at the Spaceport Business Park adjacent to Midland International Air & Spaceport today! Join the leading aerospace and defense companies that already call the park home and benefit from its proximity to the commercial space launch site and a unique testing facility.Shovel-ready...
Aerospace businesses continue to boom in Midland with the announced expansion of Starfighters Space Inc. to the Midland International Air & Space Port in September 2024. The innovative company operates the only commercial fleet on the planet able to fly at over two times the speed of sound, or Mach2+. Through the...
A business-friendly city and horizontal launch site make Midland the best choice for business relocation
Dec 18 2024A horizontal launch site, complemented by a skilled workforce, set Midland, TX, apart as the best location for relocating aerospace and defense businesses. Proximity to research facilities streamlines development, and the booming aerospace community creates unique growth opportunities with adjacent industries.Midland’s commercial space launch site and business park make aerospace...
The holiday season in Midland is filled with family traditions and fun events impossible to replicate anywhere else. Despite the lure of online shopping, countless residents in Midland still enjoy buying in-store, picking up items locally, or purchasing gift cards from their favorite restaurants and shops to appease the pickiest...
Midland, Texas, has long been a cornerstone of the Lone Star State's economic landscape. Known for its booming energy sector and growing aerospace industry, Midland's consistent growth and quality of life are drawing national attention. Midland, Texas, ranks as Texas's fifth-largest Metropolitan Statistical Area (MSA) economy based on GDP. It...
Living in Midland offers a unique experience that blends business with leisure, appealing to families, young professionals, and retirees alike. Centrally located in West Texas and the heart of the Permian Basin, it is called the Tall City for its striking downtown skyline. The city's strategic location ensures that Midland...
The Western United Life Building, starting as the McClintic Building, was proposed to the Midland City Council in 1947 and was completed in 1949. Floors and offices were added, and occupants moved in and out until the 1980s when oil prices plunged, and the building became vacant. After the last...
