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Amarillo EDC News & Press

  • Posted: 
    07/29/2014
    Author: rhales

    The Amarillo Economic Development Corporation currently has available an exceptional building available for sale or lease. The site, located at 4320 S. Western Street, is comprised of 63,383 square-feet situated on approximately 5 and a half acres. Originally constructed in 1974 as a consumer goods store, a remodel was commissioned and completed in 1997 and a major insurance company occupied and utilized the facility as a call center until mid-2013. The current configuration within the facility would allow a company to seat 475-plus employees at full production.

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  • Posted: 
    07/29/2014
    Author: rhales

    The wind is so relentless that a week can go by before it is calm enough for a crane operator to install the 30-ton blades atop the 260-foot towers at the Panhandle 2 wind farm here. It’s worth the wait; a single turbine at the farm can produce 40 percent more energy than an average one.

    But turning wind into electricity is one thing; moving the energy to a profitable market is another. For years, the wind industry has been hampered by such a severe lack of transmission lines that when the wind is strong, a local power surplus forces some machines to be shut down.

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  • Posted: 
    07/29/2014
    Author: rhales

    The U.S. Small Business Administration has guaranteed 155 loans worth $65 million to small businesses in Potter and Randall counties since 2009, a regional administrator for the agency said Monday.

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  • Posted: 
    07/28/2014
    Author: rhales

    Lorie Vincent, of Stratford, Texas, has been tapped to serve as the first Executive Director of Team Texas. Team Texas – which was created by TEDC members in 1986 -- is an economic development marketing outreach organization and was created to promote Texas and its member communities as the premier state for business.

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  • Posted: 
    07/28/2014
    Author: rhales

     The Amarillo housing market could see 3,200 single-family home sales this year unless a lack of inventory chokes off activity, one residential broker said.

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