STATE OF OKLAHOMA - Advantages for Business Location
Located in the center of the North American marketplace, the State of Oklahoma offers a unique and competitive business location package for corporate expansion.
The state’s economy is anchored by the strong and resilient aerospace, energy, and agriculture industries. The metro areas of Oklahoma City, Tulsa and Lawton offer some of the most highly competitive business costs in the United States and North America. And Oklahoma’s nationally recognized incentives attract and retain companies representing diverse sectors.
• Aerospace & Defense
• Bio and Life Science and Medical R&D
• Energy (Traditional and Alternative)
• Manufacturing – Including Significant Metal Fabrication
• Customer Care Operations and Data Centers
Oklahoma is nationally recognized for creating and maintaining a dynamic pro-business environment with expertly tailored policies, programs and incentives that positively affect your business’ bottom line.
Markets and Demographics
Oklahoma’s central location in the US makes it an easily accessible profit center with efficient connections to over 80 million people within a 500-mile radius. Equidistant between New York, Los Angeles, Mexico City and Canada, the state is ideally positioned to serve the United States and world markets through a comprehensive network of air, ground, water and rail transportation systems.
Here are just some of the reasons Oklahoma is good for your business:
- Moody’s Economy.com U.S. Cost of Doing Business report, Oklahoma has the fifth-lowest state and local tax index in the nation. Oklahoma has the fifth-lowest overall tax burden in the nation.
- Industrial electric rates are among America’s lowest.
- More than 300 industrial parks and hundreds of office, plant and building sites stand ready for business at locations statewide.
- Oklahoma is a right-to-work state where workers are allowed to seek or retain employment regardless of union membership requirements.
- In their "America's Top States for Business 2012" ranking, CNBC ranked Oklahoma the top state for cost of living.
Oklahoma is widely recognized for its outstanding incentive program and pro-business environment. Businesses can choose between a cash incentive and a tax credit package, and in some cases, qualifying businesses can take advantage of both. See our Research Center for more information.
Oklahoma workers are acknowledged for an extraordinary level of proficiency, productivity and reliability. The state’s labor force of over 1.7 million contributes their skills, experience and dedication to the success of a wide variety of technologically advanced industries.
These skills come at a competitive wage because of Oklahoma’s cost of living which is significantly lower than comparable states.
Training and Education
Oklahoma’s system of 25 colleges and universities and 57 career and technology centers educates students of all ages in the curriculum, degreed programs and skilled certifications needed for today’s information-based, technology-driven economy.
Relocating or expanding your business to a new site demands speed and flexibility. The state’s Fast Forward Team works directly with the Lawton - Ft. Sill Economic Development Corporation to assure that your project completes on time and well within budget.
International airports in Oklahoma City and Tulsa, along with 149 public-use airports across the state offer access to domestic and international destinations around the world. Major highways I-35, I-44 and I-40 connect Oklahoma to within a day’s drive of all US markets. Oklahoma is home to three inland ports, connecting the state to seaports worldwide. Twenty rail operators provide Class I and II service throughout the state.
Quality of Life
Oklahoma is a land of unexpected beauty and diversity in its land and people. With our low cost of living you’ll be able to enjoy everything our natural splendor and diverse, thriving culture have to offer.