business
New Facilities and Expansions Projected to Create 174 Jobs and over $67 million in Capital Investment
Summary by The Lubbock Editorial Desk · As published by KCBD News
· August 27, 2026
· 3 min read
Provided by Lubbock Economic Development Alliance LUBBOCK, Texas (NEWS RELEASE) - Businesses across a wide range of industries and sizes, from nationwide operations to family-owned companies, continue to choose Lubbock as their place to grow. Terracon Engineering Consultants, Paramount Hardware a...
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Summary created by The Lubbock Editorial Desk — automated, rule-governed Published by KCBD News Original story Read at the source Source published Aug 27, 2026 Indexed here Aug 28, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Terracon Engineering Consultants, an employee-owned engineering consulting firm, is expanding its presence in Lubbock with a $6 million capital investment and the creation of 75 new jobs.
Why this matters in The Lubbock
The influx of new businesses and expansions in Lubbock is a significant boost to the local economy, with 174 new jobs and over $67 million in capital investment projected. This growth is particularly notable in the professional and technical services sector, where Terracon Engineering Consultants' $6 million investment and creation of 75 new jobs will bring high-quality employment opportunities to the area. The expansion of locally owned companies like Paramount Hardware and Supply also demonstrates the city's appeal to businesses of all sizes. As Lubbock continues to attract new industries, including aviation with Redemption Aero's MRO operation, the city's diverse economy will become more resilient to external factors like Gulf hurricane and flooding risks. The combined annual payroll of $11 million will also contribute to the local tax base, supporting essential services provided by the Lubbock Independent School District and other local government entities.
About this story
Original reporting by KCBD News . The Lubbock selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KCBD News . Have a tip or correction? Contact the editor .
Category: business ·
Published: August 27, 2026 ·
Source: KCBD News ·
Reading time: 3 min
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What is this story about? Provided by Lubbock Economic Development Alliance LUBBOCK, Texas (NEWS RELEASE) - Businesses across a wide range of industries and sizes, from nationwide operations to family-owned companies, continue to choose Lubbock as their place to grow. Terracon Engineering Consultants, Paramount Hardware a...
When was this published? This article was first published on August 27, 2026 by KCBD News and curated for The Lubbock readers.
Who reported this story? This story was reported by KCBD News. To learn more about how The Lubbock selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Lubbock, or browse our daily briefing and topic hubs .
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