Contact Us

Recent Developments

Looking into Odessa’s economic growth for 2018

Posted on March 22, 2018

ODESSA — Oil prices finished out 2017 at over 60 dollars a barrel, just under 10 dollars more than the beginning of last year. Those are just the numbers, but if you really want to see the effects of a thriving oil and gas industry, all you have to do is take a look around your […]

Read Full Development


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 […]

Read Full Development


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.

Read Full Development


Glazer’s Beer & Beverage Chooses Odessa

Posted on August 3, 2017

The economic development department has worked with Glazer’s Beer & Beverage 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 […]

Read Full Development