INDUSTRIAL MARKET REPORT — LUBBOCK TEXAS — NEWS & UPDATES

Lubbock, Tx

Lubbock is a city where business growth meets quality living. Strategically located with direct access to I-27, major highways, and the BNSF rail network, Lubbock connects companies to national and international markets with ease.

The Lubbock advantage

Lubbock has quietly transformed into a regional powerhouse for logistics, manufacturing, and agribusiness — now serving as the economic anchor for West Texas and the South Plains. With over 300,000 residents and a labor pool supported by Texas Tech University, Lubbock provides both the skilled workforce and innovation ecosystem that attract diverse industries.

• Distribution & logistics: Lubbock’s location on U.S. 84 and U.S. 87 offers direct routes to Dallas-Fort Worth, Midland, Amarillo, and I-40. The Lubbock Preston Smith International Airport has expanded its cargo facilities, supporting regional and national freight operations.
• Manufacturing & agritech: Major players like X-Fab Texas, Monarch Industrial, and Fibertex Nonwovens drive advanced manufacturing in the area.
• Energy & renewables: Lubbock’s energy infrastructure benefits from wind energy projects and connections to ERCOT, attracting green-tech and support industries.
• Education & healthcare: Anchored by Texas Tech University, Covenant Health, and UMC Health System, institutional investment fuels steady commercial and industrial demand.

The city’s pro-business climate, tax incentives, and modern infrastructure make it one of the most cost-effective industrial markets in Texas, ideal for small-to-mid-sized owner-users expanding operations west of DFW.

City Expanding Business Sectors

• Lubbock’s economy is rapidly diversifying, making it a prime location for emerging industries and corporate expansion.
• Semiconductors & Advanced Technology – X-FAB’s $50 million CHIPS Act investment reinforces Lubbock’s position in microchip manufacturing.
• Logistics & Distribution – Rail, highway, and air connections make Lubbock a regional trade hub for supply chain and distribution businesses.
• Renewable Energy – The city’s wind and solar infrastructure supports growing investments in clean energy production.
• Aerospace & Defense – Strong workforce training programs and airport expansion initiatives create opportunities in the aerospace sector.
• With its innovative ecosystem, affordability, and workforce talent, Lubbock-area business opportunities are available for companies across multiple industries.

Industrial Real Estate Site Availability

Lubbock’s business parks and industrial sites provide shovel-ready properties and expansion opportunities for companies of all sizes.

• Lubbock Rail Port:526-acre industrial park with access to BNSF Railway and I-27. Home to Bayer Crop Science, WL Plastics, and Corteva, supporting advanced manufacturing and logistics.
• Lubbock Business Park: 586-acre site near Lubbock Preston Smith International Airport, offering large industrial and commercial lots. Major tenants include Amazon, O’Reilly Distribution, and Verizon Wireless.

Available Projects / Industrial Investment — Lubbock Rail Port

The Rail Port Project is happening now in Lubbock. Developers see the opportunity and need to utilize available buildings, making this site a bright spot for future economic opportunities in the region.

Rail Port occupants today:

Hampton Farms

Hampton Farms, a family company of Severn Peanut Company and Meherrin Agriculture, expanded its operations by opening a new 85,000-square-foot food processing facility in June 2017. Located at the Lubbock Rail Port, Hampton Farms currently produces almond butter and has future plans to produce peanut butter at a second facility within the Rail Port.

Bayer Crop Science

Just outside the Lubbock Rail Port, progress continues to be made on Bayer’s state-of-the-art, 500,000-square-foot cotton seed processing facility. The only one of its kind, this facility will become the national hub for all cottonseed processing operations, solidifying Lubbock as the cotton capital of the world.

WL Plastics

WL Plastics, the leading manufacturer for high-density polyethylene pipe in North America, has chosen Lubbock to build its 9th manufacturing plant. Here they will produce pipe for oil, gas and water markets in their new 50,000-square-foot facility at the Rail Port.

Corteva

The leader of innovation in agriculture, Corteva, will continue their research and development at their 30,000-square-foot office and laboratory facility located in the Rail Port.

Workforce Development & Education

Lubbock offers a talent-rich workforce supported by top-tier education and training programs.

• Texas Tech University – A Tier One research institution producing STEM and business graduates.
• Workforce Solutions South Plains – Customized training programs and hiring incentives for businesses.
• EL ROBI Pre-Apprenticeship Program – A workforce initiative providing hands-on training in skilled trades such as HVAC, plumbing, and electrical work.

Lubbock’s dedicated workforce development programs help businesses find and train the right talent for long-term success.

City & County Incentives

• Property Tax Abatements – Reduction or elimination of property taxes for qualifying businesses.
• Sales & Use Tax Exemptions – Cost savings on equipment, materials, and utilities for manufacturers.
• Workforce Training Grants – Funding for customized employee training programs.
• Foreign Trade Zone (FTZ-260) – Enables duty-free storage and trade advantages for companies engaged in global commerce.

State & Federal Incentives

• Texas Enterprise Fund (TEF) – Performance-based financial incentives for job-creating projects.
• HUBZone Certification – Federal contracting advantages for businesses in designated areas.
• Downtown & Commercial Revitalization Grants – Matching grants for façade improvements, infrastructure upgrades, and property renovations.

Lubbock’s strong local and state support allows businesses to maximize growth potential while keeping costs low.

Links

Argossy International Properties Texas
Lubbock Transportation & Economic Development
Texas Tech University – Lubbock Careers

Transportation snapshot

• Cargo Air – Lubbock Preston Smith International Airport (LBB): ~6 miles, approx. 10 minutes.
• Cargo Rail – Lubbock Rail Port (on-site/North of LBB, rail service via BNSF): just minutes away.
• Freight Highway Access – Interstate 27, U.S. 84 & U.S. 87 corridors for east-west and north-south trucking routes.
• Interstate Connections – I-27 connects north to I-40 and south to I-20, facilitating regional access.

• Interstate & Highway Access – I-27 links Lubbock to I-40 and I-20, providing direct routes to major U.S. markets.
• Lubbock Preston Smith International Airport – A U.S. Customs Port of Entry with direct flights to Dallas, Austin, Denver, Houston, and more.
• Rail Freight & Trade – The BNSF rail network and shortline railroads offer reliable cargo transport.

As the Texas economy continues to expand, Lubbock’s high-quality infrastructure positions it as a competitive hub for regional and international business operations.

Listing Courtesy of Marie Cappello, Argossy International