Hundreds of Lubbockites were present when Monsanto announced a $140 million capital investment in Lubbock to make the city its primary U.S. hub for cotton seed processing.
The announcement came during a news conference hosted Wednesday afternoon by the Lubbock Economic Development Alliance.Read More
But as wind energy development throughout the region continues to ramp up, the TTS distribution center has expanded several times and is now more than tripled in size since ground was broken in March. Property on the west side of Country Road Y fronting US 70 is now being prepared for storage of the massive towers, turbine blades as the sprawling facility grows.Read More
Summit Power Group, LLC (Summit) today announced a major step toward financing and construction of the Texas Clean Energy Project (TCEP). A large commercial power and chemicals project near Odessa, Texas, TCEP will capture more than 90 percent of its
CO2 emissions from coal while producing 400MW of clean power and enough urea to reduce annual U.S. imports by more than 10 percent. Read More
The Midland Development Corporation and the Midland City Council have approved an economic development agreement with Tenaris to establish a service center for the storage, inspection and preparation for the running of steel tubular goods for the energy sector. Tenaris has committed to new annual payroll of $3.3 million and $36 million in new capital investment by December 31, 2020. Read More
WT Enterprise Center received a Gold Excellence in Economic Development Award for its 2015 project in the category of Regionalism & Cross-Border Collaboration for communities with populations of 25,000-200,000 from the International Economic Development Council (IEDC).Read More