OKLAHOMA CITY – Economic development for the state is expected to grow this year, according to the Oklahoma Department of Commerce.
A statement from ODC spokesperson Chase Horn indicated more investment from businesses is planned for Oklahoma.
“So far in 2025, we’ve experienced the most successful month of economic development in state history based on publicly announced job creation, and we’re on track for one of the highest years of capital investment ever. The Oklahoma Department of Commerce remains committed to making Oklahoma the premier place in the country to start and grow a business,” his statement read.
Businesses which have announced plans to expand include:
• Dollar Tree announced plans to rebuild its distribution center in Marietta, creating 400 jobs. The distribution center was destroyed by a tornado in 2024. The company originally stated it had no plans to reopen the facility.
• CBC Global Ammunition selected Pryor for a new manufacturing facility, adding 350 jobs.
• Emirates Global Aluminium announced a $4 billion aluminum production plant, choosing Tulsa Port of Inola as the site for its U.S. operations, creating 1,000 new jobs.
• Firehawk Aerospace announced plans to expand operations with a manufacturing facility and test infrastructure in Lawton-Fort Sill, creating 100 high-paying jobs.
In May, the state Commerce Department also announced winners of the Oklahoma Innovation Expansion Program, which provides grants to manufacturers and help create jobs across various sectors and dozens of communities.
This year, OIEP “projects are expected to create 967 new jobs, support $82 million in capital investment and generate $52 million in new payroll over the next 12 months,” the state Senate wrote on its website earlier this year. “The economic impact is projected to exceed $278 million, with awards benefiting 64 communities across Oklahoma.”