Greater Oklahoma City is in the geographic center of North America equidistant from the east and west coasts and major trade partners of Canada and Mexico. The ten county region is at the crossroads of the U.S., sitting at the heart of three major national highways on the NAFTA corridor.
There's a reason Greater Oklahoma City is such a great place for business: Location. The ten county region is positioned within a day's drive of the rapidly-growing south-central region (OK, TX, AR, LA) projected to grow more than 44% during the next 25 years.
Noting low costs of living and good jobs, Forbes named Oklahoma City America's Most Affordable City.
At the height of the Great Recession, Forbes.com said Oklahoma City was the most recession-proof city in the country. Two and a half years later, the magazine has given the city another top ranking.
Noting low costs of living and good jobs, Forbes named Oklahoma City as America's Most Affordable City.
The magazine also noted Oklahoma City's friendly residents and an unemployment rate well below the national average, 6.3 percent compared to 9.5 percent.
"We searched for cities that had a balance of cheap living and economic prosperity - places with solid job markets, but where costs aren't prohibitive," magazine editors said. "In these cities, costs have stayed down, but residents have held onto steady incomes and decent jobs, making them a true bargain."
Forbes looked at all metropolitan statistical areas with populations of at least 100,000. They were ranked on the cost of a basket of goods and services, including groceries, health care and transportation, as of the second quarter of 2010.
The magazine also measured the monthly cost of housing as a percentage of household income.
The average sale price of an Oklahoma City-area home in September was $158,755, up 6.7 percent from September 2009, and the median price was $135,000, up 4.8 percent, according to the Oklahoma City Metro Association of Realtors.
The next four spots on the Forbes list went to Pittsburgh; Buffalo, N.Y.; Rochester, N.Y.; and Nashville, Tenn. The top 10 also includes three Texas cities: San Antonio, Houston and Austin, along with Louisville, Ky., and Birmingham, Ala.
"State capitals and university towns have vibrancy because of their job base, the stability of jobs and cultural diversification," said James Gaines, a research economist at the Real Estate Center at Texas A&M University.
The ranking was the latest in a string of kudos for Oklahoma City. In October, Oklahoma City was named a Top 25 Performing City by the Milken Institute, No. 7 Best City for Income Growth by Portfolio.com, a Top 5 Fastest Growing City by Forbes and a Top 10 State for Doing Business by Area Development Magazine.
"In times like these, value is key to everything we do as a chamber," said Roy Williams, president and CEO of the Greater Oklahoma City Chamber. "From attracting new business, retaining and fostering growth with our current companies to attracting conventions and visitors, the number one factor on everyone's mind is value. Affordability isn't always about being the cheapest, it is also about the quality you get for your dollar."
The Boeing Co. recently announced plans to move 550 high-paying engineering jobs here. The company cited low costs of living and doing business and economic development incentives in the decision to move the jobs from Long Beach, Calif.
Apex Global Partners(AGP) expands its Employee Benefits Operations, appoints Brad Williams as Director of Oklahoma Business Development, and opens new office in Oklahoma City.
Dallas, Texas (PRWEB) July 15, 2009 -- "We are pleased to announce that AGP has appointed Brad Williams as Director of Business Development for Oklahoma for our Oklahoma Employee Benefits and HR Consulting Division. Brad has a longstanding relationship with the Oklahoma business community, and his experience in contemporary employee benefits and HR consulting will serve our Oklahoma clients well. We are also excited about the opening of our first Oklahoma office, and we look forward to expanding our local service to our current and future Oklahoma customers", states Gary Griffith, Chairman and CEO of AGP.
"I am excited to join the AGP team and to work with them as we continue to expand here in Oklahoma. The first stage in our expansion of our Oklahoma operations is the opening of our new office at 6440 Avondale Drive, Suite 200, Oklahoma City, Oklahoma 73116. This new facility allows us to expand our technology and service deliverables to our clients, as well as add additional professionals to our AGP Oklahoma City Employee Benefits team", states Brad Williams.
Headquartered in Dallas, AGP provides creative solutions to its corporate clients in the areas of domestic and international brokerage and risk management consulting, as well as employee benefits and human resources consulting and outsourcing, and actuarial services. Apex works with more than 63 partners in 55 countries through its participation in WBN, Ltd, the largest privately owned insurance broker network.