 Oklahoma Department of Commerce Announces New Program to Address Community Needs
In response to the recent announcement by Michelin North America, Inc. to close its Ardmore tire plant in 2025, the Oklahoma Department of Commerce, in partnership with the Oklahoma Development Finance Authority and Ardmore Development Authority, announced the creation of the Rapid Community Response Program.
As a result of three rounds of applications, Commerce has allocated a total of $8,797,553.40 SIDE Act tax credits for 11 projects. SIDE Act tax credits will help facilitate $54,714,478.50 in capital expenditures.
Expanding its footprint in the City of Shawnee, Georg Fischer Central Plastics has broken ground for a new, 150,000-square-foot manufacturing facility at 41401 Wolverine Road. This $30M investment will accommodate the company’s growing business needs while creating as many as 300 full-time jobs.
Commerce recently welcomed Vince Howie back to serve as State Director of Aerospace & Defense. In this role, Howie will lead Commerce’s Aerospace & Defense team, also known as ACES, as they work to strengthen the industry in Oklahoma by enhancing workforce efforts, providing assistance for business retention and expansion, and recruiting new companies in the state.
GIS WebTech is pleased to name Dat Nguyen one of three winners of the 2023 GIS WebTech Award for Technology Leadership for his ground-breaking work in applying Esri tools to create custom, highly effective dashboards for the Oklahoma Department of Commerce.
Stardust Power is bringing the largest lithium refinery in the country to the greater Tulsa area. The company plans to address a huge lithium supply shortage in the U.S. as the demand for electric vehicles increases.
Applications are now available for local governments and public agencies. The application period will open in OKGrants until December 12, 2023.
Commerce has launched its next step in supporting existing businesses in rural Oklahoma. “Global Opportunities Oklahoma” (GO Oklahoma) is a visionary program aimed at empowering rural companies to access the diverse markets of Asia, Europe and the Canada-Mexico trade corridor.
The Oklahoma Film + Music Office is proud to announce a new filmfriendly certification.
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