Greater Oklahoma City was settled at the shot of a gun at the famous Land Run of 1889, bringing thousands of homesteaders from around the world to stake their claim to acres of opportunity. From this, an entrepreneurial spirit was embedded in our state and in the character of our people.
This spirit of growth combined with our ability to successfully collaborate on issues of importance has fostered economic diversification and steady and sustainable growth. This can best be seen in our major industry clusters: Aviation & Aerospace, Biotechnology, Energy, and Logistics.
Our corporate presence is impressive, with companies including Dell Inc.; Xerox; Williams-Sonoma; Sprint; Hertz; The Hartford; Farmers and York International calling the region home. But equally impressive is the list of companies who were born and grown here: Sonic, America's Drive In; Devon Energy; Chesapeake Energy; Braum's; Hobby Lobby; Express Personnel; Sandridge Energy; Cytorance Biologics and Hoffman Bikes/Mat Hoffman Enterprises.
Costs Among the Nation's Lowest
The annual North American Cost of Doing Business Review by Economy.com found the region's cost of doing business to be one of the lowest of the 361 metro areas surveyed. The index measured the relative cost of labor, energy, taxes and office space.
Incentives for Success
Oklahoma has one of the most innovative and recognized incentive programs in the nation with the Oklahoma Quality Jobs Program, which provides cash payments to qualifying companies who create and maintain quality jobs of Oklahoma. The payments, of up to 5 percent of payroll for 10 years, can total in the millions.