Midland Compounding PM LLC Industrial Development District No. 1 expansion
City of Midland
Description
The company applied for an industrial facilities tax exemption for a new 15,960-square-foot production building valued at $2,755,400 in real property. The council only set the July 13 public hearing — no decision has been made.
Impact summary
Sets the stage for a possible new facility and jobs at the compounding plant; no tax break takes effect yet.
Applicant
- Name
- Midland Compounding PM LLC
At a glance
- Hearings
- 4
- Public comments
- 2
- Total mentions
- 4
Last vote · City Council
Last discussed Jul 13, 2026.
Meeting timeline (4)
City Council (Regular) - Jul 13, 2026
A 12-year industrial facilities tax exemption was approved for a new facility and equipment at the company's James Savage Road site.
City Council (Regular) - Jun 22, 2026
The company applied for an industrial facilities tax exemption for a new 15,960-square-foot production building valued at $2,755,400 in real property. The council only set the July 13 public hearing — no decision has been made.
City Council (Regular) - Jun 8, 2026
Midland Compounding asked the city to establish an Industrial Development District covering two James Savage Road parcels as a step toward possible future tax incentives for a new facility.
City Council (Regular) - May 11, 2026
Midland Compounding PM wants an industrial development district on two James Savage Road parcels for a possible future facility; hearing set for June 8.
Related issues (2)
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