Learn more about relocating or expanding to Oklahoma

Oklahoma business climate, manufacturer incentives, and advantages of OK communities

Relocate or Expand to Oklahoma - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Oklahoma business climate, manufacturer incentives, and advantages of OK communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Oklahoma Business Data*

Oklahoma

Population: 3,687,050
Total Labor Force: 1,807,100
Unemployment Rate: 4.6%
Number of Manufacturers: 4,631
Manufacturing Jobs: 172,142
Right to Work: Yes
Unemp. Ins. Tax: 0.39.2%
 
Corporate Income Tax:
6%

Sales Tax:
4.5%. Sales tax exemptions are available for manufacturers who obtain a Manufacturer's Sales Tax Exemption Permit from the Oklahoma Tax Commission.

Property Tax:
Collected by county governments. No state property tax. The average effective tax rate for locally assessed property is about 1% of the value of the property.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
22% Industrial machinery and equipment
14% Fabricated metal products
12% Food and kindred products
8% Transportation equipment
7% Rubber and miscellaneous plastic products

Largest Manufacturing Establishments:
(by number of employees)
Devon Energy Corp. (Oklahoma City) - 3,682
Chesapeake Energy Corp. (Oklahoma City) - 3,500
AdvancePierre Foods, Inc. (Enid) - 2,365
Goodyear Tire & Rubber Co., The (Lawton) - 2,300
Seaboard Foods LLC (Guymon) - 2,300
 
Counties with the Most Manufacturing Jobs:
Tulsa - 67,884
Oklahoma - 59,638
Garfield - 5,534
Rogers - 5,365
Kay - 4,567

Cities with the Most Manufacturing Jobs:
Tulsa - 56,435
Oklahoma City - 55,516
Broken Arrow - 6,838
Enid - 5,327
Lawton - 3,980

Manufacturing Related Business Incentives:
Oklahoma Quality Jobs Program
Small Employer Quality Jobs Program
21st Century Quality Jobs Program
The Investment/New Jobs Tax Credit
Aerospace Industry Engineer Work Force Tax Credit
Venture Capital Tax Credit
Work Opportunity Tax Credit Program (WOTC)
Federal Empowerment Zone Incentives
Industrial Access Roads
Foreign Trade Zones
Industrial Revenue Bonds
General Obligation Limited Tax Bonds (GOLTBs)
Tax Increment Financing
Small Business Linked Deposit Program
Oklahoma Capital Access Program
Export Finance Program
Small Business Loan Guarantees
Innovation to Enterprise Program
Oklahoma Seed Capital Fund
Training for Industry Program (TIP)
Exisiting Industry Program (EIP)
The Economic Development for Generating Excellence (EDGE) Fund (For biotech and technology industries)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Ponca City Development Authority
The mission of the Ponca City Development Authority (PCDA) is to facilitate job growth in wealth producing industries in Ponca City, Oklahoma.
102 S. 5th St., Ponca City, OK 74601 (Map & Aerial View)
(580) 765-7070
www.goponca.com


Economic Development Div., Tulsa Metro Chamber Of Commerce
The Tulsa Metro Chamber's Economic Development Division is the primary contact for companies looking to relocate or expand into the 10-county region.
1 W. 3rd St., Ste. 100, Tulsa, OK 74103 (Map & Aerial View)
(918) 560-0231
www.growmetrotulsa.com


Greater Oklahoma City Chamber
The Partnership offers a multitalented team of economic development specialists who can work with you on your project. These specialists, from economic development organizations; city, county or state governments; utilities; or education entities & services work together under one cohesive team to meet your specifications-delivering rapid response times & optimizing your new Greater Oklahoma City location.
123 Park Ave., Oklahoma City, OK 73102 (Map & Aerial View)
(405) 297-8945
(405) 297-8908 Fax
www.greateroklahomacity.com




Looking to reach Oklahoma manufacturers? Access the Oklahoma Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 6/20/2014. All other stats updated on 6/20/2014. Listings updated on 7/31/2014.

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