Business Facilities - December 2007 - (Page 50)

METRO SPOTLIGHT Stillwater, Oklahoma By Bill Trüb More than a College Town a steadily growing population workforce performance in Stillwater of more than 45,000 people. with its Training for Industry ProNearly half of the city’s resi- gram, which is credited with bringdents holds a college degree, ing numerous new businesses and and more than 90% has a thousands of jobs to the area. high school diploma. StillAdditionally, the Oklahoma Techwater, however, is gaining nology and Research Park provides recognition for more than just office, laboratory, and support space its educational achievements. throughout its state-of-the-art, 170The city boasts a diverse business acre campus, and encourages creative climate that includes manufacturing collaboration between technology and advanced technology industries. entrepreneurs, university researchers, Meridian Technology Center offers and the city’s workforce. job-specific, customized training, Stillwater’s Top Employers, 2007 among its many servEmployer Total Employment ices, to new and existOklahoma State University 5,589 ing companies. OklaMercury MerCruiser 901 homa CareerTech Stillwater Medical Center 815 also bolsters the Stillwater Public Schools 700 City of Stillwater 547 Wal-Mart 800 Stan Clark Companies 426 Quebecor World 400 Goober Drilling 300 Oklahoma Department of Career and Technology Education 275 National Standard 250 Stillwater National Bank & Trust 240 Stillwater Designs 228 Wittwer Construction 221 Creative Labs 200 Armstrong World Industries, Inc. 194 Ocean Dental 190 Lowe’s 160 Nomadics 140 Meridian Technology Center 117 Stillwater Milling Company 100 SOURCE: STILLWATER CHAMBER OF COMMERCE T he welcome sign declares, “Where Oklahoma Began!” but it could also read, “Where Education Soars!” Stillwater, OK, situated in north central Payne County, is an educational hub near the geographical midpoint of the U.S. The city buzzes with 23,000 students at Oklahoma State University, Stillwater’s largest employer, and has State Business Incentives • • • • • • • • • • • Quality Jobs program Small Employer Quality Jobs Incentive Act Property tax exemptions for new and expanding manufacturers New Markets Tax Credit program State Enterprise Zone benefits Training for Industry program Sales tax exemptions on goods used in manufacturing Sales tax exemptions on energy used in manufacturing New Jobs Income Tax Credit program Freeport Inventory Tax Exemption Foreign-Trade Zone Local Business Incentives (grantees in parentheses) • • • • • • • Cash awards (Forward Stillwater) Research partnerships (Oklahoma State University) Utility rate reductions or rebates (city of Stillwater) Tax increment financing (city of Stillwater) Build-to-suit-to-lease (Stillwater Industrial Foundation) Training (Meridian Technology) Private relocation incentives 50 DECEMBER 2007 PHOTO CREDIT: STILLWATER CHAMBER OF COMMERCE

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Business Facilities - December 2007 Contents First Word Snapshots Metro Spotlight: Albuquerque, New Mexico Corporate Moves: North Carolina 2007 Ecomonic Development Deal of the Year Awards State of the Year Seeking Supply Chain Solutions Mississippi Means Business Corporate Moves: South Carolina Biomedical Momentum in Florida's High Tech Corridor Trends in Offshoring Metro Spotlight: Stillwater, OK Metro Spotlight: Atlanta, GA Advertiser Information 2007 Salary Survey

Business Facilities - December 2007

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