CEO Guide to Site Selection

Oklahoma

FLYING HIGH

Oklahoma continues to reach new heights in the aviation sector. Many companies are doubling down in the state with new investments and expansions related to aviation manufacturing and maintenance operations. The federal government also recently announced a $51 million investment in Tulsa’s Tech Hub, which focuses on autonomous technologies like autonomous systems
and drones. Led by Tulsa Innovation Labs, the designation by the U.S. Department of Commerce’s Economic Development Administration (EDA) recognizes the state’s potential and positions it for further investment in innovation.

“Oklahoma has a long legacy of excellence in aviation, defense and manufacturing, which makes our great state the ideal location to lead the development of the next generation of autonomous technologies…. The future of autonomous systems is right here in Oklahoma, and I am thrilled to see the innovations Oklahoma companies are generating as we continue to become a top 10 state.”
Kevin Stitt
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

Yes

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2023

KEY INCENTIVES

21st Century Oklahoma Quality Jobs Program: Offers a cash grant of up to 10% on taxable payroll for businesses that create at least 10 jobs with an annual wage that is the lesser of $101,650 or 300% of the aver- age county wage.

Oklahoma Quality Jobs Program: Offers cash grants of up to 5% of new employee payroll for businesses that create at least $2.5 million in new annual payroll in three years with jobs that meet the average county wage.

Insurance Premium Tax Credit: Offers an annual tax credit to insurance companies that locate or expand a regional home office in the state and maintain at least 200 employees.

Investment/New Jobs Income Tax Credit: Offers a five-year tax credit on the greater of 1% per year of capital improvement investment or a credit of $500 for each new job created.

EDCs

Oklahoma Department of Commerce Economic Development Services

okcommerce.gov

Oklahoma City Economic Development

okc.gov/departments/economic-development

Greater Oklahoma City Economic Development

greateroklahomacity.com

Tulsa’s Future

tulsasfuture.com

HIGHLIGHTED PROGRAM OR INITIATIVE

The Federation for Advanced Manufacturing Education (FAME) is a national hybrid academic/training program designed to help students prepare for highly skilled jobs. OSU Polytech launched a version of FAME in December 2023 with an innovative STEM-based curriculum, industry-aligned academic programs, flexible learning opportunities and real-world learning experiences.

BIG DEALS

  • GF Central Plastics announced in November 2023 a $30 million facility and 300 new jobs in Shawnee.
  • Norwegian solar energy company NorSun announced in June 2024 a $620 million solar wafer manufacturing facility in Tulsa. The project is expected to create 320 new jobs.
  • Advanced mobility company Canoo announced in September 2024 plans to migrate its engineering workforce to its two Oklahoma locations.
  • Danish company Unmanned Air Systems announced in October 2024 it selected Oklahoma City for its second U.S.-based office.
  • Pratt & Whitney opened a $255 million facility in Oklahoma City in October 2024.

BIG COMPANIES

Six Fortune 500 companies headquartered in state:

  • Chesapeake Energy
  • Continental Resources
  • Devon Energy
  • NGL Energy Partners
  • Oneok
  • Williams
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.