Odessa comes out on top in manufacturing and distribution sectors.
ODESSA, TX – As oil prices continue to spiral downward, the shares of at least some oil producers from the Permian Basin rank among the top performing energy stocks in the country, leading several sources to call the West Texas region a “rare glimmer of hope” for the energy industry (Wall Street Journal). And right in the middle of our nation’s top oil producing region is one star that burns especially bright: Odessa, Texas. From its prime location in one of the largest production areas in Texas to its innovative, tech-savvy, and booming industries, Odessa is continuing to make a name for itself as a leading manufacturer and distributor throughout the United States. This oil-rich region is now known as a haven for investors, as producers from all across the country are flocking to this capital of far west Texas.
“The reason why we’re the number one project that the Department of Energy has for clean power initiatives right now is because of the city of Odessa,” says Laura Miller, Director of Projects at Summit Power Group. “The elected officials, the citizens, the chambers, everyone who believes in this project and knows that this will put Odessa on the map internationally for clean power and forward thinking economies.”
Nobody can argue that Odessa has made a name for itself as it dominates the energy industry in the United States, but this West Texas region is beginning to take the lead in other sectors as well as its entrepreneurial spirit begins to take shape.
“This oilfield town is a 24 hour a day, 7 days a week industry, [one that] has a nonunion workforce, a support system, manufacturing support where there’s welding, fine machine work, electrical motor repair, pump supplies,” reports Nick Fowler, owner of Rextac, LLC. “Being located here, amongst this oil field economy, actually is a strong advantage and would be for any heavy manufacturer.”
Odessa’s success in the energy industry is proving itself to be a base for others to build their own businesses on as well. With notable gains in the manufacturing sector, one of Odessa’s strongest assets is the La Entrada al Pacífico highway. This highway stretches from Chihuahua, up through the Alpine area, and into Odessa, allowing for unmatched distribution to and from Mexico, expanding industries and connecting the Permian Basin perfectly.
“The reason this is vital is we can actually become part of a wholesale distributor and basically diversify our economy by doing this,” says David Turner, mayor of Odessa. “There are so many products coming into Texas from Mexico. ”
Odessa, Texas, is taking newsstands, investors, entrepreneurs, and the country by storm as it maintains its status as an energy innovator and begins to take the lead in a variety of other business ventures.
“When our customers see Odessa in our name, they know that it’s synonymous with oil and gas,” says Sondra. “It lends integrity to our business, and they immediately will come to us and say ‘that’s oil and gas’ and ‘you can do the job that we need’ because they know that we’ll be experienced in what we’re doing.”