News & Resources

AST & Science, our tenants at the Midland International Air and Space Port Business Park, just announced Rakuten and Vodafone as their two new capital investors. This venture will extend mobile coverage to more people and devices across the planet, using the first mobile broadband network that will broadcast fro...Continue Reading

The MDC was thrilled to host the first-ever Texas Economic Development Corporation Regional Business Summit in Midland on March 3, 2020. Governor Greg Abbott spoke about how the Lone Star State is bursting with economic development. Joining him was a panelist including: Tracee Bentley, President & CEO of Permian Strategic Partnership...Continue Reading

Downtown is experiencing revitalization. New developments—the Bush Convention Center, the highly anticipated Centennial Park, the Micro Market, and new four-star hotel—are creating a vibrant gathering place for the community. This space will be a draw for Midlanders and visitors alike, and will attract a variety of small, local businesses t...Continue Reading

The unemployment rate in Midland was tied for the 12th lowest in the nation during the month of December, according to figures released last week by the Bureau of Labor Statistics. The BLS reported Midland was one of 22 metropolitan statistical areas with a jobless rate of 2.1 percent or lower...Continue Reading

The MDC is looking forward to the opening of the Chris Davidson Opportunity Park this year. With a promotional agreement, the MDC provided funds to help construct this inclusive, accessible park, where children of all abilities can play together. The “new” Chris Davidson Opportunity Park will be an extraordinary park. After twenty-five year...Continue Reading

Thermal Cam USA was awarded $125,000 by the Midland Development Corporation   Thermal Cam USA was one of five winners for the 2019 Midland Entrepreneurial Challenge.   The competition is hosted by the Midland Development Corporation and Small Business Development Center. They award grants to small businesses for their investment pitches after a serie...Continue Reading

TTUHSC receives support from Midland Development Corporation Texas Tech University Health Sciences Center School of Health Professions Physician Assistant Program has announced a $5 million gift from the Midland Development Corp. for expansion to the program.   During the 2019 legislative session, Representative Tom Craddick secured $20 million in state funding to expan...Continue Reading

The Midland Development Corp. on Monday approved finalizing a deal with a satellite delivery development company to occupy a building at the Spaceport Business Park. The board approved a couple of items having to do with Kepler Aerospace Ltd.: a sublease agreement that calls for the Florida-based company to occupy th...Continue Reading

Midland has gained national attention for the rapid and sustainable, growth taking place within the community. In this decade alone, Midland’s population has grown by 30 percent. We now have more than 142,000 residents calling the city home, creating significant opportunities. New residents require housing, dining, and shopping, and nee...Continue Reading

November 30th is Small Business Saturday and an excellent reason to support the small businesses that make Midland such a vibrant place to live.  The Midland Chamber of Commerce is hosting a Small Business Saturday Pop Up Market to help celebrate. The event will run from 10:30 to 4:00 and featur...Continue Reading

ighty percent of those physicians and specialty doctors recruited using money from the Midland Development Corp have been retained and are currently practicing in the area. The Midland County Hospital District on Monday provided an update to the MDC about successes, challenges and a fifth-year overview of its recruiting program. Thi...Continue Reading

MIDLAND, Texas — Intersections, roads and drainage systems are big topics for most Midland citizens. The Midland Development Corporation's board met and approved big-time infrastructure projects on November 4.  These projects will seek final approval at the November 19th city council meeting.  "It's key to the future growth of Midland that we continu...Continue Reading

Texas is one of the fastest-growing parts of the US. A big factor in the Lone Star State's growth is the millions of people who have moved there from around the country and the rest of the world over the last decade. Using data from the US Census Bureau, we ranked the metropolitan statistical areas i...Continue Reading

Midland ranks among the top cities in the nation for heavy and tractor-trailer truck drivers, according to a new 384-city study by AdvisorSmith. The website showed Midland as the No. 4 mid-size city and the ninth-ranked city overall in the study. Midland was one of three Texas cities in the top overall &ndash...Continue Reading

  In 2018, personal income increased in 3,019 counties, decreased in 91, and was unchanged in 3, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Personal income increased 5.7 percent in the metropolitan portion of the United States and increased 4.8 percent in the nonmetropolitan portio...Continue Reading

Rapid economic growth plays a key part in what makes up-and-coming cities attractive potential landing spots. WalletHub recently analyzed 515 US cities to identify the locales that experienced the highest levels of economic growth over the last seven years. Each city received a final growth score between 0 and 100 based on 17 relevant metrics. Th...Continue Reading

Infrastructure, roads, education, healthcare, jobs: the Midland Development Corporation acts as an investment fund, making key contributions to projects and initiatives that would otherwise be unattainable for our community. The MDC’s structure as a Type A economic development corporation, governed by state statute, enables it to form partnerships and mak...Continue Reading

Access to Care: Addressing Texas’ Physician-to-Population Ratio Texas has one of the fastest growing and aging populations in the nation. Yet, according to recent data, Texas ranks 41st in the nation for physician-to-population ratio. For primary care, Texas ranks even lower – coming in at number 47. In 2018, the A&M Rural an...Continue Reading

University of Texas of the Permian Basin U.S. News rank: 88 (tie), Regional Universities (West) Median starting salary of alumni who majored in petroleum engineering: $119,500 Median starting salary of alumni who majored in engineering: $84,440 2018-2019 tuition and fees: $7,124 (in-state), $8,274 (out-of-state) Learn more about University of Texas Permian Basin.   Read full article.Continue Reading

Cornyn was briefed on local entity's efforts to improve mental health care within community, and spoke to gun background legislation.   MIDLAND, Texas — Senator John Cornyn visited Midland on September 30 for a special round table. As Senator Cornyn was surrounded by a handful of representatives from a west Texas healthcare provider...Continue Reading

Young families are moving to Midland, Texas in large numbers. Some are returning home after having attended college and started their careers in other states. Others are headed to Midland for the first time to take advantage of the many career opportunities that can be found here. When it come...Continue Reading

The Midland Entrepreneurial Challenge (MEC) is launching companies and diversifying Midland’s economy. Midland has a strong entrepreneurial culture, with more startups than Silicon Valley. The creative and enterprising spirit of the people, combined with the presence of large corporations and local support, has created this thriving ecosystem. Still, the Midlan...Continue Reading

Midland, Texas has a big city attitude in a small package. Locals will tell you that there’s a vibrancy to Midland that feels like a big city. It’s a place where entrepreneurs can launch a company and see it become successful quickly, where young professionals are starting careers and climbin...Continue Reading