For businesses seeking a new location, business climate and community support can be a major factor in the site selection process. From emerging small businesses to large corporations seeking to relocate, Claremore provides a supportive business climate.

Local Incentives and Site Selection Assistance

The Claremore Industrial and Economic Development Authority, CIEDA assists growing businesses choosing to locate in Claremore by determining growth needs and customizing incentive options to meet those needs. Additionally, the City of Claremore offers fast track assistance to businesses locating in Claremore. Since 2003, over 1000 new manufacturing jobs have been created in Claremore.

Available Real Estate

From large industrial tracts of land to small commercial properties and everything in between, Claremore has sites available for growing businesses. Nearly 300 acres of industrial property are available in the Claremore North Business Park and Claremore Industrial Park at reasonable rates. Existing buildings are also available for industrial and commercial occupancy.

Skilled Workforce

Businesses can expect to find an abundance of skilled workers in the Claremore area. Claremore has strong advanced manufacturing, healthcare, government and education sectors, each supported by highly skilled workers. Customized training is provided by Rogers State University and the Northeast Technology Center to accommodate the needs of growing businesses.

Oklahoma as a Place to do Business

The State of Oklahoma provides strong businesses incentives including; employment rebates, customized training, tax incentives for accelerated depreciation, and many others. Oklahoma has recently made tremendous strides in reducing business costs associated with taxes. Recently the Tax Foundation determined that Oklahoma businesses pay the 7th least amount of corporate taxes.

When combined, these factors make Claremore an appealing location for growing businesses, site selection professionals and executives in search of an additional location. If you are considering a new home for your businesses or need an additional facility, please call 918-341-4755. Feel free to learn more about Claremore at www.claremoreusa.com

www.claremoreusa.com

Recently CIEDA commissioned Federal Reserve Branch Executive Mark Snead to provide a comprehensive 2009-2010 economic forecast for Claremore. The results reflect the considerable job growth of our city since 2003. ClaremoreOklahomaEconomicOutlook.doc Since CIEDA released the forecast data, I have been repeatedly asked, “Why is Claremore’s economy so strong in the midst of the challenges faced by the rest of nation?”

Geography

Oklahoma’s market position provides businesses with direct access to many metro markets and millions of customers. Claremore’s is within 50 miles of being equidistant to both coasts and features air, rail, truck, and port transportation access. In addition, Oklahoma was fortunate to not experience the highs of the real estate boom and conversely now isn’t seeing the lows of the current real estate market. Many publications including Forbes and Fortune have identified both the Tulsa and Oklahoma City markets as recession proof.

Industry

Claremore is a Northeast suburb in the Tulsa Metropolitan area. For many years the Tulsa area has had considerable market share within the Oil and Gas production and component manufacturing sectors. From 2003-2007 over 1,000 jobs were created in Claremore in the manufacturing sector alone. Many of these jobs were created in the oil and gas pump component industry. Claremore has over 30 manufacturers and while in some cases production has been slower, these firms are well positioned for future success. Healthcare has also seen substantial growth within the last 5 years, largely due to the growth of Claremore Regional Hospital. In addition, new and emerging green technology firms like Heath Technology are taking full advantage of the labor provided by the Tulsa\Claremore labor market area. Learn more about Claremore’s highly skilled workforce and labor assets at Claremore 2008 Labor Force Briefing.pdf

Business Conditions

Oklahoma offers highly attractive business conditions to executives and site selection professionals. Claremore has low business opportunity costs, low energy costs, skilled labor, and excellent business incentives. These factors make Claremore an affordable option for business expansion or relocation.

Skilled Labor

While it is often said that people are an organization’s greatest strength, it is particularly true of cities. Claremore offers a skilled workforce that fuels growth and investment opportunities for manufacturing, energy, and healthcare firms.

While the current economic challenges certainly haven’t subsided, Claremore is well positioned to facilitate future job growth and to continue to accommodate new investment. With over $104 million in announced new investment within the last 24 months, your next business home is waiting for you in Claremore.

Come Grow With Us!

Tim Hight
www.claremoreusa.com

In light of the challenges this year, I get often asked about whether or not businesses are still expanding into new markets. I want to take some time to clear this up a bit. There is activity in the marketplace. However, it is somewhat different than what we have seen in the past. Here are a few reasons for the activity that I have seen since January 1:

Dispositions

With the increasing amount of mergers and acquisitions, corporate real estate executives and site selection professionals are being directed by the C-level to consolidate operations into low cost markets. Oklahoma has one of the lowest costs of doing business available.

Available Buildings and Land

When a customer or the market dictates that a site selection professional evaluate the central US, often the availability of buildings and land move Claremore to the short list. Claremore buildings and real estate are cost competitive to client needs and the process is streamlined with fast-track permitting.

Speed to Market

Claremore, Oklahoma is 22 miles from Tulsa, 12 miles from the Port of Catoosa, 50 miles from being equidistant to both coasts and has offers direct access to interstate 44, route 66, and highways 20 and 88. Claremore is within a one-day drive of 8 major metropolitan areas representing over 10,000,000 potential customers.

Skilled Workforce

As a part of the Tulsa metropolitan area Claremore offers an abundant and highly skilled workforce to companies seeking new locations.

Tim Hight

Executive Director
CIEDA
www.claremoreusa.com