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Recent Developments

ODC approves $8M for OC

Posted on September 12, 2017

The Odessa Development Corporation approved awarding $8 million to Odessa College on Thursday, reasoning it would help grow the economy by providing equipment and facilities improvements used to train in-demand workers. The economic development sales tax grant, which the City Council must ratify before it becomes final, would be awarded over three years as reimbursements […]

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Technip FMC

Posted on August 3, 2017

TechnipFMC held their ribbon cutting at 8950 E. Interstate 20 on May 11, 2017. With the collaboration of the Odessa Development Corporation, this company settled in a community in which they described as having the best people in and around the Basin.

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Glazer Beer & Beverage Choose Odessa

Posted on August 3, 2017

The economic development department has worked with Glazer since April of 2016. After 14 months of communication, meetings, compliance and travel, the  project’s grant was approved by the ODC on May 11, 2017 in the amount of $1.1 million. City Council approved the ODC incentive and tax abatement in June 2017.The components of this capital […]

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