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Recent data and trends suggest that the automotive manufacturing industry as a whole is shifting towards the west from the southeast U.S. due to increasing wage pressures. Additionally, new changes regarding trade with Canada and Mexico will push automotive parts companies to reshore many operations.
New automotive operations, such as Tesla’s Austin Gigafactory, will also increase opportunities for Oklahoma to recruit automotive suppliers.
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Contact us today for a confidential, no-cost incentives analysis for your project. Call the Oklahoma Team at 800-588-5959.