Business News

Business

Average rent in Midland sees a $298 increase in 2025

The rent in Midland has experienced a significant increase, rising over 17 percent from the previous year, as reported by Construction Coverage.

Business

Murchison sells Midland Basin assets to Langford Energy Partners

Austin-based Langford Energy Partners has announced that one of its subsidiaries has acquired Midland Basin assets from Plano-based Murchison Oil and Gas LLC.

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Business

Suite at Ally Village slated to undergo renovation

A suite within Ally Village is set to undergo a $100,000 renovation, as reported by the Texas Department of Licensing and Regulation (TDLR).


Business

Permian Resources announces partial redemption of senior notes due in 2031

Permian Resources Corporation has announced a partial redemption of its 9.875% Senior Notes due in 2031.


Business

Taphouse Kitchen & Bar expected to be completed by May

A new restaurant is set to open in the city, as indicated by a filing with a state regulatory agency.


Business

Vacant building to be renovated into seafood restaurant, bar

A vacant building at 103 S. A St. in Midland is set to undergo a $450,000 transformation into El Sinaloense Mariscos & Bar, a Mexican-themed seafood restaurant and bar.


Business

Registration deadline for 2025 State of Oil & Gas luncheon approaches

The Midland Chamber of Commerce has announced that the registration period for its 2025 State of Oil & Gas luncheon is nearing its conclusion.


Business

Kimbell Royalty Partners to acquire oil and gas interests in Midland Basin

Kimbell Royalty Partners, LP has acquired approximately 875 gross producing wells on over 68,000 gross acres under the Mabee Ranch in the Midland Basin.


Business

Generator manufacturer receives $6 million grant after successfully testing technology on unprocessed Permian Basin gas

An Austin-based manufacturer of generators, Hyliion, has announced it has received a $6 million grant to mitigate methane emissions.


Business

Woodhouse Spa to develop second Midland location

A new Woodhouse Spa is set to be constructed in Midland, as indicated by a filing with a state regulatory agency.


Business

MAF sees rise in travelers and parking revenue during first two months of fiscal year

Midland International Air & Space Port (MAF) continues to experience an increase in passenger numbers and parking revenue.


Business

Industrial project possible for eastern portion of city

An industrial development may be forthcoming after a local engineering firm received approval for a replat request during a recent Planning and Zoning Commission meeting.


Business

Midland Battery receives plat approval for warehouse project

Midland Battery Co. has received approval for a replat of its property, enabling the company to proceed with plans for a new warehouse.


Business

Nail salon slated for Brownstone Shopping Center

A suite within a strip mall is set to be renovated into a nail salon, as reported by the Texas Department of Licensing and Regulation (TDLR).


Business

Proposed Philly’s Golf Club project receives approval to sell alcohol

The owner of Philly’s Golf Club has been granted a specific use designation (SUD) at a recent Planning and Zoning Commission meeting, permitting alcohol sales at the proposed restaurant and entertainment venue.


Business

TopLine Pharmacy to develop second location in city

Topline Pharmacy is set to commence work on a second location in January, as indicated by a filing with a state regulatory agency.


Business

Starfighters Space presence in Midland to include local pilot and spaceflight training

Starfighters Space's expansion within the Midland Spaceport Business Park is part of the company’s objective to develop a high-speed air corridor for hypersonic and suborbital research.


Business

Blackcomb Pipeline to originate in Midland County and start construction next fall

Construction on a natural gas pipeline, which will extend 366 miles beginning in Midland County, is scheduled to commence in the fall of 2025.


Business

Starfighters expands operations at Midland International Air & Space Port

Aerospace businesses in Midland are seeing significant growth with the expansion of Starfighters Space Inc. to the Midland International Air & Space Port, announced in September 2024.


Business

Midland emerges as key location for aerospace business relocation

Midland, Texas, is emerging as a prime location for aerospace and defense businesses seeking relocation.