Posts Tagged “Local economies”

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

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www.claremoreusa.com

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Depending on which way the political pendulum has swung during the recent election and now the stimulus era: industrial sectors including green manufacturing, IT, and construction have each been proclaimed to lead us to economic prosperity. So, are these industries and jobs coming to your city? In many cases the answer will be yes, however in working to facilitate the creation of these new jobs, we need to be careful to not overlook a very important piece of local economies.

The International Economic Development Council states that between “65 to 80 percent of new jobs are created by existing businesses in a community rather than by those that relocate to a community”. What does this mean for us? It is very important that as cities begin to see new job growth in the years ahead that we do not lose sight of the great companies already in our cities that have been responsible for our economic health and that will continue to lead us into the future. In Claremore, 1 in 4 jobs are in the manufacturing sector; healthcare and education are also strong sectors as well. These industries will continue to pillar an already strong local economy here. Most cities and regions have economic pillars that will survive the downturn and continue to thrive.

So, are the new jobs and industries coming? For many cities the answer will be yes. Claremore has already seen the impact of green job growth with the announcement of Heath Technologies in February. For Oklahoma the trend of green and alternative energy job growth should continue in the wind energy, solar energy, and vapor recovery industries. As we see these positive signs of the national and local economies moving forward let’s not forget to appreciate our existing businesses responsible for past economic success and that will fuel future success.

Tim Hight
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Executive Director
CIEDA
www.claremoreusa.com

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CIEDA facilitates the creation of wealth and new investment in Claremore. For more information please contact Tim Hight at 918-341-4755 or by email at thight@claremoreusa.com