Midland gets another space company (Odessa, Tyler: construction, taxes, airport)

[Midessan]

Calif.-based Orbital Outfitters, a company that specializes in space suits and vehicle mockups, will receive nearly $7 million in incentives for relocating its equipment and other materials to Midland. The funds also will be used for the construction of the company’s headquarters and an altitude chamber complex.

Read more: MDC to make deal with second space company - MRT.com: Business MDC to make deal with second space company - MRT.com: Business
Under Creative Commons License: Attribution

As part of it's continuing effort to diversify, Midland is attracting aerospace companies.

[Westerntraveler]

ya I saw that in the paper

[SVTRay]

Cool. So isn't Midland supposed to get it's Space Port license here pretty soon?

[Westerntraveler]

Originally Posted by SVTRay

Cool. So isn't Midland supposed to get it's Space Port license here pretty soon?

Think so

[Granny Fats]

Midland was caught flat-footed in the last bust, and some wish to avoid that in the upcoming bust. There's always a boom, then a bust...And then another boom, and another bust, in a sector economy. It is good some are thinking ahead.

[Westerntraveler]

Originally Posted by Granny Fats

Midland was caught flat-footed in the last bust, and some wish to avoid that in the upcoming bust. There's always a boom, then a bust...And then another boom, and another bust, in a sector economy. It is good some are thinking ahead.

I most certainly agree we need to diversify as much as possible.

[Mark Senior]

Originally Posted by Midessan

As part of it's continuing effort to diversify, Midland is attracting aerospace companies.

I think I will send this on to the Tyler City Council to again stress to them you've got to spend some bucks if you are going to get new jobs; however, they will remind me that the city property rate is the lowest in the state of any city over 15,000 and lower than most of the rest, at .22 per 100 evaluation. Anyway I think I will send this on...

[Midessan]

Originally Posted by Mark Senior

I think I will send this on to the Tyler City Council to again stress to them you've got to spend some bucks if you are going to get new jobs; however, they will remind me that the city property rate is the lowest in the state of any city over 15,000 and lower than most of the rest, at .22 per 100 evaluation. Anyway I think I will send this on...

You could show them this article too.

5

Today’s boom-towns, places like Midland-Odessa, TX (the two fastest growing metro areas right now because of a major oil/gas boom), can take this lesson to heart. The message learned from Detroit’s example, and Las Vegas now as well, is that communities must not rest on their laurels during the boom times. When your community is thriving, particularly if your economy is fueled primarily by one industry, now is the time to aggressively diversify into other sectors. And it helps to develop a community brand that supports this effort.

[SVTRay]

Hum...Midland/Odessa has a LONG way to go before it could consider it self diversified. If it wasn't for California and their high taxes, these Space corps wouldn't think twice about Midland. All Midland had to do was offer them a tax break incentive and they was golden. They already had an airport and located in a desert. I'm waiting for the larger corporations to head West.