News & Resources

There’s Always Something New to Explore in Midland, Texas

Monday, March 18, 2019

It’s the end of a long work week. You want to relax and have fun. In Midland, Texas, there’s never a shortage of entertainment options for you and your family -- especially now, in the midst of rapid growth for our city. If you’re looking to be active, check out our golf courses, skate park, playgrounds and join a local sports club. Midland is also a cultural and arts hub, with a planetarium, performing arts centers and theaters, several museums and live music venues. Our retail and dining scene is also booming, with new establishments opening on a weekly basis. Click...
Stay Up-To-Date By Following Us on Social Media

Monday, March 11, 2019

As you’ve probably heard, Midland, Texas is growing exponentially. New businesses are launching, existing corporations are moving in, the cultural scene is expanding-- it’s a lot to keep up with. Stay in the loop by following us on social media! We’ll keep you updated on all the latest economic developments, let you know about exciting upcoming events and put a spotlight on the successes of our friends and partners. Follow us on Facebook, Twitter, Linkedin and YouTube. And don’t be shy about reaching out on those platforms; we’d love to hear from you!
Rich & Diverse: Midland’s History and Current Expansion

Monday, March 04, 2019

In Midland, Texas, we are proud of our rich and diverse history. The town was founded in the 1880s as a railroad hub and ranching community, before experiencing explosive growth in the 1920s when oil was discovered. Midland is in the heart of the Permian Basin, the second-largest oil and gas shale formation in the entire world. That discovery set Midland on a successful course that has continued into the present day. Now, Midland is in the midst of another boom. The aerospace and aviation industry is expanding, corporations and entrepreneurs are moving here, and our residents have the second highest...
From Rural Estates to Downtown Living: Midland Has it All

Monday, February 25, 2019

Your home should be specifically catered to your needs and desires. In Midland, Texas, we have a wide variety of options designed to suit your family. And you don’t need to break the bank in order to get what you want. In Midland, we have a lower cost of living compared to the national average, and nearly two-thirds of families in Midland own their homes. Whether you are looking for a traditional Texas ranch-style, a cottage or a larger home with acreage, you’ll find it here. And for those looking for that downtown city living, there are condos and lofts available....
Expanding Your Skills: Check out Midland College

Monday, February 18, 2019

Looking to further your education? We have an excellent option right here in our community: Midland College. The school has multiple degrees to choose from, including in STEM, computer technology, business, health and education. There are certificate programs available for mid-career professionals looking to expand or refine their skills, and Midland College’s Transportation Training program enables students to invest in their futures by obtaining commercial drivers licenses. And you won’t be saddled with crushing debt; Midland College is about one-third of the cost of other Texas institutions. Click here for more information.
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New Organization Gearing Up To Take On Challenges Facing Midland

Wednesday, February 13, 2019

As the Permian Basin continues to produce millions of barrels of crude oil each day, Midland and other communities in the area are rapidly growing. There are challenges that come with this kind of economic success though. To address this, the City of Midland along with other public and private organizations are joining together to create a group to address some of the region’s biggest problems. Priority Midland is the new effort to address the region’s rapid growth and economic stresses but as the public kickoff for the organization’s unveiling made clear — this isn’t your grandmother’s oil boom. Read the rest of...
Priority Midland launches first event takes at Wagner Noel Performing Arts Center

Wednesday, February 13, 2019

Hundreds of people showed up to the Wagner Noel February 11 for the Priority Midland launch event. The crowd was made up of officials from both the city and the county, oil, and gas stakeholders, representatives from organizations within the community, and the public. The event featured two keynote speakers, Dr. Ray Perryman, and General (Ret.) Stanley McChrystal. Dr. Perryman, a world-renowned economist spoke to the success of the Permian oil patch and its significance to the world and U.S economy. He also spoke on the future of oil production in the region and its continued positive outlook, a reason shareholders and community leaders...
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McChrystal: Leading change isn’t easy: Retired Army four-star general speaks at Priority Midland kick-off

Tuesday, February 12, 2019

Priority Midland introduced itself to residents on Monday night at the Wagner Noel Performing Arts Center. The speaking lineup, which included economist Ray Perryman and retired Army four-star Gen. Stanley McChrystal, reminded the who’s who in local government and nonprofit and community organizations that the rate of change has increased exponentially in Midland and that a team of teams requires change. McChrystal provided a first-hand look at how his experience as the head of Joint Special Operations Command in Iraq forced him to evolve as a military man and leader. Characteristics such as trust, a common purpose and shared consciousness were part of a...
Priority Midland: Community leaders, officials, non-profits team up to address Midland issues

Tuesday, February 12, 2019

Hundreds of community members attended the launch of Priority Midland, an initiative that aims to solve hurdles brought about by economic expansion. The initiative kicked off Monday night at the Wagner Noel Performing Arts Center. The launch included speeches from two keynote speakers, General (Ret.) Stanley McChrystal and economist Dr. Ray Perryman. Priority Midland is a collaboration between community leaders from the city and county governmental entities, leaders in local industries, as well as private foundations. Click here for the complete article.
Let’s Fly: Aerospace & Aviation Industry Soaring in Midland, Texas

Monday, February 11, 2019

Here in Midland, we are well-known for being a leader in the oil and gas industry. But we’re also looking to the skies and beyond. With new projects underway and room for expansion at the airport business park, now is the ideal time to get involved in Midland’s aerospace and aviation industry. The Midland International Air & Space Port is one of the top 10 largest in Texas, with daily commercial flights and cargo shipping. The business park has land available for development. And we’re also proud to say that the airport is the first in the United States to be...
Workforce Training Options in Midland, Texas

Tuesday, February 05, 2019

Looking to advance your technical skills to land a new job? Or are you a business owner with a need for additional training for new employees? Midland, Texas has the resources to provide those solutions. One example is the Midland College Advanced Technology Center. Workforce education programs are available to help workers advance their tech and machinery skills. The Petroleum Professional Development Center, designed to provide training to workers in the oil and gas industry, is one of only seven of its kind in the world. Click here for more information on the tools available to help enhance and refine your...
Midland’s Three Business Parks Have Room to Expand

Monday, January 28, 2019

Midland, Texas is growing rapidly, and we have the space to expand even further. Our city boasts three business parks, with ample acreage available for development as well as office space. All three parks-- Midland Spaceport, David Mims and La Entrada-- are conveniently located with access to nearby transportation, including rail lines, federal and state highways and the airport. The Midland Spaceport Business Park, positioned within the airport itself, gives you direct access to airside ramps and hangars. Click here to check out the three business parks and see which one will best suit your needs.
Finding Real Estate in Midland, Texas Using Our Easy Online Tool

Monday, January 21, 2019

Business owners: good news! Finding your next headquarters or expansion location just got a lot less time-consuming. The Midland Development Corporation utilizes an easy-to-use online tool that’ll simplify your real estate search, called the Geographic Information System. There are multiple search criteria to choose from, based on what is most important to you and your company. Search by square footage, acreage or by whether the location is for sale or lease. You can also zoom in to see demographic data, proximity to transportation, geography, and the broadband service available in each area. Click here to check it out.
Financial Programs Available to Help Your Expanding Company Succeed in Midland, Texas

Monday, January 14, 2019

Business is booming in Midland, Texas, and becoming even more diversified as more people discover our city’s amazing attributes. We want to help make your company’s move to Midland as seamless as possible, and ease the strain on your resources in the process. The Midland Development Corporation can help you navigate through the multiple financial programs available to new and expanding businesses. For example, various municipalities offer low-interest loans or grants to companies that move in. Bond programs and tax abatements are available to help purchase land, equipment and to invest in renovations. Click here for a complete list of the...
Find a High-Paying Job in the Booming City of Midland, Texas

Monday, January 07, 2019

Looking for a new place to call home? Midland, Texas is the place to be because it is booming and the opportunities are endless. The unemployment rate in Midland sits far below the already-low national average. There’s an even mix of white and blue collar workers here in west Texas, with nearly 6,000 companies to choose from. Jobs in the oil and gas industry are the largest sector, followed by health care, retail, food services and construction. You can anticipate a high-paying job as well; the median salary here is $77,000. That’s 30 percent higher than the state average. Click here...
Midland is Growing Faster Than Nearly All Other Cities in America

Tuesday, January 01, 2019

It’s an exciting time to live and work in Midland, Texas! More and more families and businesses are recognizing the city as a phenomenal place to raise a family and run a company. Midland was recently identified as the second fastest-growing city in the entire nation. And it promises to grow even faster in the years to come. Families are attracted to affordable home prices and quality schools. The median age here is 31; the largest sectors of the population are children and young adults. As for businesses, west Texas is the place to be. There’s no corporate income tax, and...
2018’s Fastest-Growing Cities in America (Midland #2!)

Tuesday, October 09, 2018

Experts might not agree on the “best” or the “right” recipe for rapid economic growth, but some cities know the key ingredients for long-term prosperity better than others. Patterns emerge within those cities, allowing us to identify what factors contribute to a lasting cycle of growth. The South currently seems to be an attractive place to move, as the U.S. Census Bureau reports eight of the 15 cities with the largest population gains in 2017 were located in this region. Some cities thrive even through hard economic times while others struggle. To determine where the fastest local economic growth has occurred...
Midland, Texas has largest over-the-year jobs gain in September 2017 at 10.4 %

Wednesday, March 07, 2018

Author: Bureau of Labor Statistics From September 2016 to September 2017, employment increased in 283 of the 346 largest U.S. counties, the U.S. Bureau of Labor Statistics reported today. Midland, Texas, had the largest percentage increase with a gain of 10.4 percent over the year, above the national job growth rate of 1.0 percent. Within Midland, the largest employment increase occurred in natural resources and mining, which gained 4,526 jobs over the year (24.4 percent). Collier, Fla., had the largest over-the-year percentage decrease in employment among the largest counties in the U.S., with a loss of 5.2 percent. Within Collier, construction had the...
Exxon Mobil will triple production in the Permian basin, the hottest US shale oil field, by 2025

Tuesday, January 30, 2018

Author: CNBC Exxon Mobil on Tuesday said it will triple its production of oil and chemical feedstocks in one of the most productive shale basins in the United States and expand infrastructure to bring those products to market by 2025. The announcement came one day after the world's largest publicly listed oil company said it would ratchet up its U.S. investments to $50 billion over the next five years, in part due to the benefit of recent U.S. tax cuts. The Irving, Texas-based oil major said it plans to increase total daily production in the U.S. Southwest's Permian Basin by 600,000 barrels of oil equivalent, a measure...
EIA: Permian to supply 68 percent of oil production growth in February

Thursday, January 25, 2018

Author: PBOil&Gas The Permian Basin will supply more than two-thirds of February’s gain in crude oil production across seven major regions in the U.S., according to the latest Drilling Productivity Report from the U.S. Energy Information Administration. The U.S. is forecast to add another 111,000 barrels per day in February to reach 6.549 million barrels per day with 68 percent of the increase coming from the Permian Basin. EIA forecasts Permian production will grow by 76,000 b/d to reach 2.87 million barrels per day. The Eagle Ford will add 15,000 b/d to 1.257 million b/d. Leading the growth in gas production in February...
Susie's South Forty Confections adding jobs thanks to Midland Development Corporation

Tuesday, January 23, 2018

Author: NewsWest9.com The world-famous candy company, Susie's South Forty Confections, will be adding 10 jobs over the next three years. The additional hirings are part of an investment deal the business has with the Midland Development Corporation. Susie's ships toffees, caramels, and fudges across the country and to dozens of countries. But as demand continues to increase, store representatives say they need more production equipment. Read Full Article Here
The Sky’s The Limit In The Lone Star State

Wednesday, August 02, 2017

Author: Business Facilities If Texas was a country, it would have the tenth-largest economy among nations. A business-friendly climate—TX, which has no corporate or personal income taxes, is the top-ranked state for Best Business Climate in our 2017 Rankings Report—as well as a highly skilled workforce, easy access to global markets and robust infrastructure has attracted the headquarters of 50 Fortune 500 companies to the Lone Star State. For Gov. Greg Abbott, one of the biggest selling points for Texas is what the governor likes to call “economic liberty.” In an exclusive interview with BF, Abbott defined his governing philosophy for stimulating economic development. “Economic liberty is why...
Top Metros 2017

Monday, March 06, 2017

Author: Site Selection Magazine Midland is #9 on Site Selection Magazine's list of metros under 200,000 that are most likely to attract corporate growth.  Read Full Article Here
Engineering building beam placed during ceremony

Monday, January 29, 2018

Author: Midland Reporter - Telegram The last critical structural piece for the University of Texas of the Permian Basin’s under-construction College of Engineering building was flown into place Monday during a “topping out” ceremony that celebrated the milestone. Attendees were invited to sign the 18-inch-by 22-foot rigging beam, painted orange to match the school’s colors, before it was placed in the southwest corner of the building-to-be. “The significance of this day goes far beyond the beam-signing and the building,” UTPB President Sandra Woodley said. “This ceremony represents a promising future for a growing university and an important addition to the longevity and success of...
Road bond campaign tops $200,000 in contributions

Wednesday, January 17, 2018

Author: Midland Reporter - Telegram Midland businessman Brent Hilliard put his money where his heart was when it came to the campaign to pass a $100 million road bond this past November. Hilliard contributed more than half of the $208,473 through donations — including those made as “non-monetary contributions” from a corporation — through his company, Hilliard Office Supplies, according to campaign finance reports. Monday was the deadline for filing the final report. Hilliard had filed Midland Road Bond’s final report last week. The report showed Midland Road Bond taking in more than $110,000 in political contributions during the third reporting period of the...

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