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Odessa considers incentives for Weir Oil and Gas expansion
Odessa officials weigh a $1.4 million five year grant and potential five year tax abatement to lure Weir Oil and Gas to relocate parts of operations. City leaders argue incentives safeguard jobs while critics say such programs often aid companies already expanding or relocating. Weir plans a $7.1 million capital investment and a 15 year lease for a new Customer Support Center with expansion land and will partner with Odessa College for training.
MENTIONED IN THIS ARTICLE
Wes Burnett
Odessa Chamber of Commerce
Nathan Jensen
University of Texas
Gener
Odessa
Jensen
Weir
Burnett
Weir Oil and Gas
el Reno
Okla
CDC
Jimmy Breaux
Odessa Development Corporation
District 4
Mike Gardner
Weir Oil
Gardner
Rolls-Royce
Odessa College
Young