Oklahoma Commerce

Recent Quality Jobs Expansions

Helping the state’s existing businesses expand and prosper represents a crucial part of raising the overall economic vitality of Oklahoma. Up to 90% of all new jobs created come from existing businesses. And, it’s significantly cheaper to retain jobs than attract new employers. In cooperation with the Oklahoma Alliance for Manufacturing Excellence and other strategic partners, the Oklahoma Department of Commerce offers a wide range of expansion and retention services to help existing businesses grow. Contact one of our Economic Development Specialists to find out how Commerce can help you.

Recent Business Expansions

June 1 – June 30, 2010

Company Name Town Location Town Population New Jobs NAICS Code Benefit Rate New or Expanded Maximum Benefits
Lansing Trade Group, LLC
 Tulsa
 385,635 18 424720 10% New $3,626,248
AGIO, LLC
 Norman 106,957 74 541513 5.0% New $3,323,831

 

AGIO
AGIO, LLC will provide Information Technology managed services, particularly to the financial industry.     

Lansing Trade Group
Lansing Trade Group, LLC is a trading company that is primarily focused on the movement of physical commodities. The company trades whole grains, feed ingredients, biofuels, cotton, freight and other commodities within North American and internationally.  Lansing has identified the physical trading of natural gas liquids as complementary and additive to its existing commodity trading activities and business segments. Lansing Trade Group, LLC is the first company to take advantage of the new 21st Century Quality Jobs Program, which allows a higher Net Benefit Rate than the standard Quality Jobs program (up to 10%, rather than the standard 5%)  if the company meets a much higher average wage threshold. 
 

  • Data collected by the Oklahoma Department of Commerce shows
    investment announced by new and expanding manufacturers and
    processors in 2009 totaled over $711 million. Within the next three years,
    over 5,700 new jobs will be created by 11 new and 32 expanding
    manufacturing firms.

    • Abobe Acrobat FileNew & Expanded Manufacturers First Quarter 2010

     

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