A new report by the Oklahoma Commerce Department shows 19 major announcements about new and expanding businesses locating in the state were made state wide in the first quarter of 2018. The growth and expansions amounted to $1 billion in investment in the state.
Six of the companies were new to the state. The 19 business moves resulted in 1,650 new jobs.
Google’s $600 million investment in its Pryor Creek data center was the largest announced investment of the quarter. CACI Technologies’ plan to hire 550 workers is the largest expansion in employment of the quarter.
In 2017, there were 82 announcements statewide totaling more than $6 billion in new investment. Twenty-two companies were new to the state. More than 3,500 jobs are eventually expected from the announcements.
Invenergy’s $4.5 billion wind farm in the Oklahoma panhandle was the largest announcement in 2017. But MedXM’s plan to hire more than 400 workers in Oklahoma City is the largest expansion in employment of the year.