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ODC Grants Company $1 Million
Posted: 02/12/2009
The Odessa Development Corp. board gave Lufkin Industries a million reasons to keep its operations in Odessa Thursday.
Largest Sales Tax Check in History
Posted: 02/11/2009
Odessa's February check of $2,912,173.36 rose 12.28 percent from February 2008. The city of Odessa will pocket $2,329,738 of the check, while the Odessa Development Corp. will get $582,434.
Which way does the wind blow?
Posted: 02/06/2009
Ector County Commissioners will vote Monday on a 10-year tax abatement for the Ector County portion of Duke Energy's Notrees Wind Farm.
The company plans to build 11 1.5-megawatt turbines in phase 1B of the project in Ector County. The remainder of the 40 wind turbines would be built in Winkler County.
The agreement calls for a 60-percent county property tax abatement for the wind farms first five years and a 40-percent abatement the second five years, said Gary Vest, economic development director for the Odessa Chamber of Commerce.
Flint Hills ESOP
Posted: 01/28/2009
An employee stock ownership plan at Flint Hills Resources Odessa chemical plant is picking up steam, its organizers say.
Clean Coal Bill
Posted: 01/15/2009
Officials are hoping that a bill filed Thursday can help bring a $2.8 billion coal gasification plant to the area.
Tax Abatement Settled
Posted: 01/12/2009
Ector County commissioners decided against blowing off a tax abatement request Monday for Notrees Windpower LP.
Construction Continues
Posted: 01/12/2009
Wind farms being built in the area could be leading to new businesses to help with the projects.
West Texas Looks to Chase the Sun
Posted: 01/09/2009
For years, West Texans have seen answers blowing in the wind and bubbling out of the ground. But if there's one thing more common than wind and oil in the Permian Basin, it's sunshine.
Hotels Continue to Pop Up
Posted: 01/09/2009
While activity in the oilfields may be slowing down, Odessa is still seeing new hotels coming in.
ODC Tries to Keep Companies
Posted: 01/08/2009
In the wake of making a commitment to keep part of one plant - the current home of Flint Hills - in Odessa, the board of the Odessa Development Corp. discussed a plan to keep another company from taking its operations to Midland.
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