lubbock economic development alliance

Osborne explained that there will be several benefits, including improving the Lubbock workforce, since graduates of community colleges tend to say in the area they went to school. It will also provide an opportunity for more citizens, who cannot travel to Hockley county, to go to school more locally. And finally, it will also be a pipeline for Texas Tech to grow, especially since students can be enrolled in both campuses at the same time.

The economic incentive packages were for downtown development. The Lubbock City Council also approved a zoning variance

The Lubbock Economic Development Alliance (LEDA) announced the expansion of United Supermarkets, which will add 190 new jobs locally over the next couple of years.

t a press conference on Wednesday, August 20, the Lubbock Economic Alliance announced the expansion of the National Pump Company, LLC, The Décor Group and X-FAB. The National Pump Company and Décor Group are both expanding operations within Lubbock, while X-FAB has announced an investment of $15 million into capital equipment which will require more workers to operate and maintain.

LEDA says that the total value-added impact for Lubbock County’s Gross Regional Product will be $40.1 million dollars annually.

Hurley Companies has announced that their Essence Bottling Company has been awarded an Advanced Contracting Initiative water contract by the U.S. Army Corps of Engineers National Water Team.

On Tuesday, LEDA was presented with a Gold Excellence in Economic Development Award and a Silver Excellence in Economic Development Award from the International Economic Development Council.

The proposed tax rate is 1.23 cents higher than last year’s rate, meaning that if the rate is ultimately approved, a Lubbock homeowner with a $100,000 home would pay another $12.30 in property taxes.

KFYO Poll of the Day

Twenty-five citizens turned out to voice their opinion on issues such as the Lubbock Power and Light electric rate, Market Lubbock and the Lubbock Economic Development Alliance, the City of Lubbock’s debt load, and annexation.