At a press conference Monday, LEDA announced that two local businesses will expand and one new business will relocate to Lubbock.
lubbock economic development alliance
The expansion and relocation are expected to create 261 new jobs in Lubbock, and were announced at a press conference Monday by the Lubbock Economic Development Alliance.
The THLA is a nonprofit trade association representing every aspect of the lodging and tourism industry.
“If this was an easy problem to resolve, it would have been resolved years ago by the federal government and the state government,” said Medina.
The grant and center will provide training for 240 workers from at least 20 small area businesses, and provide entrepreneurial training and mentoring to at least 38 new business seekers.
John Osborne, CEO of LEDA, appeared on KFYO last week for an interview to discuss the many facets of LEDA and how the organization helps the economic engine of Lubbock
KFYO guest columnist Mikel Ward examines the history of LEDA and why it shouldn't exist any longer
The Council heard many pros and cons about LEDA, considered Lubbock Power and Light's budget, and, in fairly close votes, approved the upcoming budget and tax rate.
Lubbock ranked 42nd in the nation out of all 365 metropolitan statistical areas across 23 economic and work force indicators by Area Development Magazine.
The expansion projects include Supply Chain Management, Inc., Research and Testing Laboratory, PathoGenius Laboratory, Raw Oil & Gas, Inc. and Covenant Health System. New projects include Michelin Tires and Quality Buildings.