CLINTON – Executives from the state Commerce Department visited SportChassis here to see the company’s facility and discuss how it will utilize funding through the Oklahoma Innovation Expansion Program.
SportChassis was among 123 projects awarded a funds through the program from the 2022 application period. The company received $55,000 and will use the grant to increase production of parts manufactured for vehicles built on new chassis.
“I am proud of the Oklahoma Innovation Expansion Program and how it supports Oklahoma companies,” said Brent Kisling, executive director of the Oklahoma Department of Commerce. “With the funding, companies are diversifying their operations and growing, creating more jobs and investment in our state, and offering an incredible ROI on the state’s investment.”
SportChassis is “a prime example of how public-private partnerships can grow the economy,” said state Rep. Anthony Moore (R-Clinton). “By utilizing the Oklahoma Innovation Expansion Program, they are not only growing their capabilities but also creating jobs and investing in their community.”
Headquartered in Clinton, SportChassis has been building a high-quality line of heavy-duty pickups with luxury features since 1994. Today the company offers six different models of trucks with more than 100 custom options. According to SportChassis, nearly 3,500 of its trucks are on the road.
OIEP utilizes funds set aside by the Oklahoma Economic Development Pooled Finance Act. Participating businesses are required to provide quarterly reports verifying employment levels and expenditures, and to submit verification of purchase and installation of machinery and equipment.
The full list of OIEP recipients can be found on the Commerce website at www.okcommerce.gov/OIEP