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Press Releases

The State of the Lubbock Economy

Nov 12, 2024 / madden

The State of the Lubbock Economy Every year, the Lubbock Economic Development Alliance and Market Lubbock, Inc. present the Year in Review, a compilation of the previous year's achievements and a forecast for what to expect in the next year, during the Economic Forecast Luncheon. More

Taco Hydroflo Pump Solutions Opens in Lubbock, Texas

Feb 27, 2024 / Jillian Guinn

TACO Hydroflo Pump Solutions Opens in Lubbock, Texas Taco Hydroflo Pump Solutions Opens in Lubbock, Texas Taco Hydroflo Pump Solutions expanded into the Lubbock community, adding 38 new jobs and $1,875,000 of capital investment. The company’s location serves as the primary manufacturing facility with expanded pump test pit improvements. More

Construction at Jones AT&T Stadium

Nov 06, 2023 / madden

Construction at Jones AT&T Stadium Jones AT&T Stadium is currently undergoing a $242 million renovation project, which includes the development of a brand-new south end zone and the construction of the Womble Football Center. Texas Tech University broke ground following the 2022 football season and construction is set to continue till the 2024 season.  This season, fans can experience improved cell service with AT&T, new turf, new grab-and-go and convenience stations and new LED lighting which enables the stadium to conduct light shows. More

Senator John Cornyn Visits X-FAB in Lubbock, Texas

Jul 18, 2023 / Jillian Guinn

Senator John Cornyn Visits X-FAB in Lubbock, Texas U.S. Senator John Cornyn visited Lubbock, Texas on Monday morning to promote the CHIPS for America Act and show his support for X-FAB Texas.  X-FAB is a leading manufacturer of silicon wafer chips that are used in a wide variety of technology from cell phones to airplanes. More

Plant Agricultural Systems Comes to Lubbock, Texas

Jun 28, 2023 / Kenna Dowdle

Plant Agricultural Systems Comes to Lubbock, Texas The Lubbock Economic Development Alliance Announces a Public-Private Partnership with Plant Agricultural Systems Creating Over 900 Jobs and Investing $670M into the Lubbock Economy The Lubbock Economic Development Alliance (LEDA) announced a public-private partnership with Plant Agricultural Systems (PLANT-AS) in Lubbock, TX. Plant Agricultural Systems is an infrastructure service provider delivering both the physical and digital infrastructure necessary to support localized fresh produce demand in all regions of the world. More

The Lubbock Economic Development Alliance Announces the Addition of 145 Jobs and $22.5 million into the Lubbock Community

Jun 01, 2023 / Kenna Dowdle

The Lubbock Economic Development Alliance Announces the Addition of 145 Jobs and $22.5 million into the Lubbock Community The Lubbock Economic Development Alliance (LEDA) is pleased to announce the location of a new company and the expansion of two local companies, creating 145 new jobs with $22.5 million in capital investments. The companies growing in Lubbock include Taylor Rig and Equipment, CoNextrix and TrueNorth Steel.   Taylor Rig and Equipment provides industry leading repair, refurbishing, inspection and support for a wide variety of oilfield equipment and brands. More

X-FAB Texas Announces Expansion in Lubbock, TX

May 11, 2023 / Jillian Guinn

X-FAB Texas Announces Expansion in Lubbock, TX X-FAB Texas Announces Expansion of its Silicon Carbide Manufacturing in Lubbock, Texas The Lubbock Economic Development Alliance (LEDA) announced the expansion of X-FAB Texas, a global leader in the manufacturing of analog and mixed-signal semiconductor solutions, with major investments over the next 5 years. Phase one amounts to $200 million and is expected to create up to 250 additional jobs. More