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News

Hilmar Cheese Recognized Nationally for Sustainability Initiatives

Hilmar Cheese Company was recognized this week by the Innovation Center for U.S. Dairy as the Outstanding Dairy in Processing & Manufacturing Sustainability. Based in the Central Valley of California, Hilmar Cheese also has a state-of-the-art facility in Dalhart, Texas. 

US State Department Approves $3 Billion Sale Of 17 V-22 Ospreys To Japan

The State Department has made a determination approving a possible Foreign Military Sale (FMS) to Japan for V-22B Block C Osprey aircraft and associated equipment, parts and logistical support for an estimated cost of $3 billion.

The Perryman Group releases short-term economic forecast for Texas

The Perryman Group, an economic and financial analysis firm, recently released their short-term economic forecast for Texas. Despite recent job losses in the oil exploration sectors, Perryman feels that the economic diversity of the State will help to lessen the overall financial impact as was witnessed in the 1980's. 

Amarillo EDC Exhibits at 2015 MRO Americas Tradeshow

The Amarillo Economic Development Corporation exhibited at the 2015 MRO Americas conference held in Miami, Florida this April. 

Amarillo Ranks #127 on 2015 Economic Strength Ranking by Policom

Policom’s 2015 Economic Strength Rankings are in and Amarillo is ranked #127 of the 381 Metropolitan Statistical Areas in the US and #10 of the 24 MSA’s in Texas. Amarillo’s ranking is up 10 points from #137 in 2014 and #310 in 2004 as the quality of the local economy continues to improve.

AEDC Investment in Hilmar Cheese Pays Off Big

A decade ago, some principals in Dallam Countyapproached the Amarillo Economic Development Corporation, asking for some financial help.
 
A company based in California was looking to build a cheese plant. The company's choices were Burley, Idaho and the Texas Panhandle. What could Panhandle economic planners do to lure them here?
 

Navy Proceeds with Plans for Bell's V-22 Osprey

The Navy is moving ahead with plans to order 44 V-22 Ospreys to be assembled in Amarillo by Bell Helicopter in partnership with Boeing, officials confirmed Thursday.

EnterPrize Challenge Announces 2015 Winners

The 2015 Amarillo EnterPrize Challenge is making five- and six-figure investments in businesses focused on coffee, soda, candles, art, wedding planning, marketing and human resources consulting. West Texas A&M University Enterprise Center on Thursday announced the winners in the entrepreneur challenge it sponsors in conjunction with Amarillo Economic Development Corp.

Amarillo's Direct Travel Impacts

In celebration of National Pi Day, the Amarillo Convention and Visitor Council (CVC) recently released figures related to Amarillo's direct travel impacts on the local economy. These numbers were based on 2013 data:

Amarillo EDC Board Votes 4-0 to Make Grant to Xcel Energy / SPS

Xcel Energy / Southwestern Public Service Co. has announced its intent to build a new leased corporate headquarters building in downtown Amarillo. The project entails a 114,000 square foot building and multi-story parking garage on the city block currently occupied by the Renniassance Office complex and a city parking lot. Minnesota developer Opus Corp. proposes building the $42 million structure and leasing it, long-term, to Xcel subsidiary Southwestern Public Service Co.

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