https://www.odessatex.com Odessa, TX Economic Development News Feed Fri, 17 Apr 2026 19:22:44 +0000 en-US https://www.odessatex.com/media-center/news/p/item/67126/confidentiality-protects-odessas-economic-opportunities https://www.odessatex.com/media-center/news/p/item/67126/confidentiality-protects-odessas-economic-opportunities Fri, 03 Apr 2026 05:00:00 +0000 Most economic development projects begin long before the public hears about them. Site selectors and business executives study many locations before they choose a site. During this stage, they review land, infrastructure, workforce data, and operating costs. They also meet with local economic development organizations to discuss possible locations.In Odessa,... https://www.odessatex.com/media-center/news/p/item/65313/data-centers-can-strengthen-odessas-talent-pipeline-and-expand-workforce-capabilities https://www.odessatex.com/media-center/news/p/item/65313/data-centers-can-strengthen-odessas-talent-pipeline-and-expand-workforce-capabilities Tue, 09 Dec 2025 06:00:00 +0000 Odessa is no stranger to infrastructure-led growth. Now, a new class of infrastructure, data centers, is creating tangible workforce benefits and reshaping how talent is developed and deployed across the region. These facilities are not only supporting high-paying jobs within their walls but also catalyzing broader workforce alignment across key... https://www.odessatex.com/media-center/news/p/item/65579/odessa-tx-is-the-answer-to-your-manufacturing-questions https://www.odessatex.com/media-center/news/p/item/65579/odessa-tx-is-the-answer-to-your-manufacturing-questions Mon, 24 Nov 2025 06:00:00 +0000 For manufacturers, location is critical, yet many communities struggle with workforce shortages, high costs, and limited infrastructure. Odessa, Texas, and the Permian Basin solve these challenges with reliable energy, skilled labor, modern infrastructure, and business-friendly policies.“Odessa has the resources, infrastructure, and collaborative spirit that manufacturers need to thrive,” says Tom... https://www.odessatex.com/media-center/news/p/item/65193/why-ai-strengthens-the-human-side-of-site-selection https://www.odessatex.com/media-center/news/p/item/65193/why-ai-strengthens-the-human-side-of-site-selection Thu, 23 Oct 2025 05:00:00 +0000 Contributor: Aaron Brossoit is co-founder and CEO of Golden Shovel Agency, an economic development communications firm working with more than 300 communities globally. Site selection has always been about more than numbers. Spreadsheets can point to available sites and costs, but they can't capture the culture of a community, the resilience... https://www.odessatex.com/media-center/news/p/item/65164/data-centers-drive-longterm-tax-gain-potential-and-economic-growth-in-odessa https://www.odessatex.com/media-center/news/p/item/65164/data-centers-drive-longterm-tax-gain-potential-and-economic-growth-in-odessa Tue, 21 Oct 2025 05:00:00 +0000 Odessa doesn’t need to choose between supporting innovation and protecting taxpayers. Data centers offer both. These low-impact, high-value facilities generate millions in tax revenue, enhance infrastructure, and attract next-generation industries, without overburdening city services or residents.Tax Revenue Without the TradeoffsThe primary advantage of data centers is their ability to add... https://www.odessatex.com/media-center/news/p/item/64785/targeted-incentives-fuel-business-growth-in-odessa-why-incentives-matter https://www.odessatex.com/media-center/news/p/item/64785/targeted-incentives-fuel-business-growth-in-odessa-why-incentives-matter Thu, 25 Sep 2025 05:00:00 +0000 Odessa isn’t competing on potential. It’s competing with strategy. Every incentive offered by the Odessa Development Corporation (ODC) is tied to measurable business impact, whether it’s new jobs, increased payroll, or capital investment. These tools aren’t speculative. They’re structured to reduce risk, improve margins, and accelerate growth for companies choosing... https://www.odessatex.com/media-center/news/p/item/64071/business-retention-&-expansion-strategy-in-action-retain-expand-compete-odessa-supports-homegrown-industries https://www.odessatex.com/media-center/news/p/item/64071/business-retention-&-expansion-strategy-in-action-retain-expand-compete-odessa-supports-homegrown-industries Tue, 26 Aug 2025 05:00:00 +0000 Business Retention & Expansion (BRE) is a significant part of Odessa’s economic development approach. BRE is grounded in results demonstrated by new jobs, more investment, and increased economic resilience. The Odessa Development Corporation’s (ODC) strategy focuses on identifying local growth opportunities, removing barriers to expansion, and directly supporting the companies... https://www.odessatex.com/media-center/news/p/item/64069/business-attraction-and-strategic-growth-are-a-top-priority-how-odessa-targets-highimpact-industries-and-delivers-results https://www.odessatex.com/media-center/news/p/item/64069/business-attraction-and-strategic-growth-are-a-top-priority-how-odessa-targets-highimpact-industries-and-delivers-results Tue, 19 Aug 2025 05:00:00 +0000 When you read a business announcement for new investments or jobs, it wasn’t because the ODC cast a wide net and hoped to attract a new business. They spent the time and effort to be precise and take deliberate action.For business attraction, the Odessa Development Corporation (ODC) identifies and targets... https://www.odessatex.com/media-center/news/p/item/64068/infrastructure-support-through-publicprivate-partnerships-how-odc-uses-type-a-sales-tax-revenue-to-advance-business-development https://www.odessatex.com/media-center/news/p/item/64068/infrastructure-support-through-publicprivate-partnerships-how-odc-uses-type-a-sales-tax-revenue-to-advance-business-development Tue, 12 Aug 2025 05:00:00 +0000 The Odessa Development Corporation (ODC) applies a disciplined approach to public-private partnerships that strengthen Odessa’s infrastructure and accelerate business growth. These partnerships are structured, targeted, and aligned with state law to support new and expanding enterprises directly.Funding Infrastructure that Drives DevelopmentODC funding comes from Type A sales tax revenue, which... https://www.odessatex.com/media-center/news/p/item/63941/workforce-development-in-odessa-looks-like-training-workers-supporting-employers-and-strengthening-the-local-economy https://www.odessatex.com/media-center/news/p/item/63941/workforce-development-in-odessa-looks-like-training-workers-supporting-employers-and-strengthening-the-local-economy Mon, 04 Aug 2025 05:00:00 +0000 Odessa's workforce development strategy is built for consistent, measurable impact. The Odessa Development Corporation (ODC) continues to partner with Odessa College and the University of Texas Permian Basin (UTPB) to ensure that local talent is ready to meet the needs of growing and evolving industries.Whether supporting new business attractions or... https://www.odessatex.com/media-center/news/p/item/61003/renewable-energy-investments-amplify-manufacturing-opportunities-in-odessa https://www.odessatex.com/media-center/news/p/item/61003/renewable-energy-investments-amplify-manufacturing-opportunities-in-odessa Thu, 09 Jan 2025 06:00:00 +0000 Odessa, Texas, is quickly becoming a national hub for renewable energy. Manufacturers of products, parts and systems utilized in solar and wind power generation benefit from access to a built-in customer base. Simultaneously, rail and interstate arteries create new opportunities to meet the nation’s renewable energy needs.According to the U.S... https://www.odessatex.com/media-center/news/p/item/65291/data-centers-anchor-industry-diversification-in-odessa-by-attracting-hightech-growth https://www.odessatex.com/media-center/news/p/item/65291/data-centers-anchor-industry-diversification-in-odessa-by-attracting-hightech-growth Wed, 12 Nov 2025 06:00:00 +0000 Odessa's investment in data infrastructure is doing more than meeting current digital demand. It's shaping the region's long-term economic future. As data centers take hold, they're driving industry diversification by attracting businesses that depend on low-latency, high-reliability connections, especially firms in information technology, advanced manufacturing, and digital services.These companies are... https://www.odessatex.com/media-center/news/p/item/61896/economic-development-101-fueling-odessas-future https://www.odessatex.com/media-center/news/p/item/61896/economic-development-101-fueling-odessas-future Fri, 14 Mar 2025 05:00:00 +0000 The Odessa Development Corporation (ODC) is committed to strengthening the local economy by attracting new businesses, helping current businesses expand, providing workforce development, facilitating public-private partnerships, and enhancing Odessa's quality of life.We will explore the four pillars of the ODC's economic development mission and their tangible impact, including Business Attraction,...