Investment: UT Lands agreed to spend $850,000 for land, equipment and capital investments.
Incentive: The MDC provided $10,000 toward the platting costs of UT Lands' property, as well as a $115,000 payment for jobs created.
Today: All required jobs still are on the payroll, staff said.
University of Texas Systems/High Temperature Testing and Test Reactor
Contract signed: Feb. 22, 2006
Education contract: The MDC provided $500,000 to help with a program to educate and train nuclear and high temperature scientists and engineers. Odessa and Andrews also contributed $500,000 each.
Countrywide Home Loans Inc.
Contract signed: Dec. 8, 2006
Jobs: Agreed to create at least 200 with annual average salaries of $30,000 or more.
Incentive: The MDC agreed to pay up to $2.5 million for jobs created. The contract was rescinded in January 2008 after the company pulled out of Midland because of "unexpected changes in the financial market." Countrywide re-paid its $700,000 up-front incentive, which is the only money it had received.
Today: No longer in Midland
Contract signed: Dec. 20, 2006
Jobs: Initially, Trace contracted to create 114 jobs by 2013. In August 2008, the contract was amended to provide more time, and in July 2010 it was amended again. At that time, the job requirement was reduced to 25 jobs to be maintained through 2017.
Investment: Trace agreed to invest $7.85 million in buildings, equipment and other improvements.
Incentive: A $400,000 forgivable loan was to be provided. When the job requirement was decreased, the incentive fell to $325,000.
Today: Trace has 25 full-time employees on staff, said David Czarnecki, CEO at Trace.
Contract signed: July 25, 2007
Jobs: BCCK agreed to add 11 employees by August 2008 at its first facility with total salaries and benefits of at least $635,000. It also was to add four employees at its second property with total compensation of $135,000.
Investment: BCCK was to spend at least $340,000 on its property on North Big Spring Street and $2.13 million on its 20-acre tract in Midland County. Money could be spent on land, equipment, fixtures or other improvements.
Incentive: An $180,000 forgivable loan was provided by Aug. 1, 2007 and an additional $45,000 in 2008 if all requirements were met.
Today: BCCK now employs more than 40 in Midland and has more than doubled its job requirement, staff said.
Contract signed: September 2007
Jobs: Reliant was to hire 55 at a payroll of $2.28 million by 2010. The agreement was canceled in September 2008.
Investment: Reliant had agreed to invest $3.65 million in capital expenditures.
Incentive: The MDC had agreed to provide a $250,000 forgivable loan.
Today: The agreement was canceled and jobs not required since money was never provided.
Sentry Pumping International
Contract signed: Nov. 29, 2007
Jobs: Sentry agreed to add 50 employees at a payroll of $3.35 million by December 2009. The contract was amended to provide Sentry through June 2011 to add 50 jobs.
Investment: The company was to invest at least $2 million in infrastructure, equipment and other expenditures related to its business.
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