GROW in a VIBRANT REGION Table of Contents

GROW IN A VIBRANT REGION table of contents

Introduction 3

Key Industries 4

Quality Of Life 14

Investing In The Tulsa Region 22

I II TULSA AT A GLANCE In northeast Oklahoma, you’ll find the right mix of business productivity and quality of life. You’ll also find an educated workforce, low cost of doing business, central location and ease of transportation. We are proud to be a welcoming and active community that’s ideal for employees and their families or visiting business associates.

The Tulsa region is the right place to grow your business — just look at the rankings. • No. 1 city among top 25 most affordable cities to live & work in 2019 (BusinessStudent. com 2018) • Gathering Place named country’s best new attraction in 2018 (USA Today 2019) • Broken Arrow ranked first among most livable small cities in the U.S. (City Livability Awards 2018) • No. 3 among top U.S./European cities for innovative municipal problem solving (Cities of Service 2018) • No. 4 best city for traffic (CarRentals.com 2019) • No. 5 top metro for job creation (Site Selection Magazine 2019) • No. 6 among top 7 most recession-proof U.S. cities (Livability.com 2019) • No. 7 among America’s best small cities (Resonance Best Cities Index 2018)

3 4 44 AEROSPACE The recent Oklahoma Aviation and Aerospace Economic Impact Study found that the aviation and aerospace industries have an annual economic impact of $11.7 billion. American Airlines’ Tulsa maintenance base is the largest of its kind in the world, and three of the region’s largest employers include industry leaders NORDAM, Spirit AeroSystems and Broken Arrow’s BizJet.

ENERGY Once known as the “Oil Capital of the World,” Tulsa has a rich history in the energy sector. The industry continues to be a staple in the regional economy, employing thousands of people. Several well-known energy companies have significant operations in the region, including Williams and ONEOK in Tulsa and Baker Hughes in Claremore.

5 INFORMATION TECHNOLOGY Due to Tulsa’s urban lifestyle and the region’s sophisticated telecomm and data transmission infrastructure, many IT companies have selected Tulsa for their new and growing organizations. Google has invested more than $2 billion in its data center at Pryor’s MidAmerica Industrial Park. Entrepreneurial hubs like The Forge and 36 Degrees North foster the region’s emerging IT presence, and programs like the University of Tulsa’s Institute for Information Security and Coding Dojo, a web development boot camp, continue to grow the area IT workforce.

6 7 7 8 108 HEALTH CARE Health care is a fast-growing contributor to the regional economy, with a yearly economic impact of more than $7 billion. Tulsa has nine nationally recognized hospitals and two medical schools: the University of Oklahoma’s College of Medicine and Oklahoma State University College of Osteopathic Medicine, which will open a second campus with the Cherokee Nation in Tahlequah. Saint Francis Health System has invested throughout the region, with multimillion-dollar facilities in Glenpool and Sand Springs.

MANUFACTURING Manufacturing is a cornerstone of northeast Oklahoma’s economy and employs one in nine area workers. Sofidel Group, an Italian manufacturer of tissue paper, invested $360 million in a 1.8-million-square-foot plant in Inola. Greenheck Group recently completed phase one of its $100 million Tulsa campus, which will employ 600 people after the completion of phase two. Whirlpool, a long-time investor in the region, is further expanding its operations with a $55 million capital investment that will create 150 jobs.

9 PROFESSIONAL SERVICES Northeast Oklahoma is home to a number of corporate headquarters, including BOK Financial, QuikTrip and CymSTAR, which recently added 100 jobs in Broken Arrow. Ingredion, a leading global ingredients solutions company, recently chose Tulsa as the location for its shared service center. Numerous accounting, engineering, architecture, insurance and finance companies call the Tulsa region home as well.

10 11 11 12 12 TRANSPORTATION AND LOGISTICS Northeast Oklahoma’s central location makes access to most parts of the country cost- effective and timely, which is why major companies locate key distribution centers here. Macy’s Owasso fulfillment center is the largest of its kind in the company’s network. Amazon recently broke ground on a 2.6-million-square-foot fulfillment center in Tulsa that will employ 1,500 people.

13 14 14 DOWNTOWN TULSA Downtown Tulsa is bustling with new development and a vibrant arts and music scene. The Tulsa Arts District offers art galleries, shops, restaurants, bars and historic music venues. The award-winning BOK Center brings the nation’s top artists to the region. Downtown also showcases the city’s stunning Art Deco architecture rivaled only by New York and Miami.

15 GATHERING PLACE More than 65 acres of the Arkansas River waterfront were transformed for Gathering Place, a $465 million multi-purpose park in the heart of Tulsa. From gardens and meadows to skate parks and sports courts to dozens of acres of adventure-themed playgrounds, Gathering Place has something for everyone. The park was named the nation’s best new attraction by USA Today’s 10Best Readers’ Choice Awards.

16 17 17 18 18 A WELCOMING COMMUNITY A region’s greatest asset is its people, and northeast Oklahoma is proud to be a diverse, world-class community. The New Tulsans initiative created a plan to welcome immigrant residents to Tulsa through civic engagement, economic development, education, health and public safety. Ultimately, the plan will allow new residents to bring fresh perspectives and new business to our vibrant city. Whether you choose Tulsa, Muskogee, Okmulgee or any other city in the region, you’ll feel part of a vibrant, friendly community.

19 ACTIVE LIFESTYLE Northeast Oklahoma is renowned for its miles of trails, parks and outdoor spaces. Twenty-six miles of trails run along the Arkansas River, connecting downtown to south Tulsa, Broken Arrow, Bixby, Jenks and Sand Springs. Events like Tulsa Tough, a three-day cycling festival, bring thousands of racers, riders and spectators to town each summer, and visitors come from all 50 states to participate in races like the Tulsa Run and Route 66 Marathon.

20 21 21 22 22 WORKFORCE PIPELINE The region’s workforce pipeline is supported by several postsecondary institutions. The numerous colleges, universities and technical schools graduate thousands each year to contribute to the area’s workforce. Oklahoma State University in Stillwater, OSU-Tulsa, OU- Tulsa, Northeastern State University in Broken Arrow, and OSU Institute of Technology in Okmulgee all offer higher education and graduate degrees. Tulsa is also home to two private universities, The University of Tulsa and Oral Roberts University, as well as Spartan College of Aeronautics and Technology.

Tulsa Community College, the state’s largest community college, has four area campuses, and Tulsa Tech is the largest tech school in the Oklahoma CareerTech system, which also includes Northeast Tech in Pryor, Green Country Technology Center in Okmulgee and Indian Capital Technology Center in Muskogee.

23 REGIONAL ECONOMIC PROSPERITY Cities throughout the region are investing in their downtowns. Muskogee’s Katy District, Broken Arrow’s Rose District, Jenks’ Main Street and Owasso’s Redbud District are all focal points of redevelopment for their communities.

MidAmerica Industrial Park is not only Oklahoma’s largest industrial park; it is also one of the largest in the nation. MidAmerica houses more than 80 businesses, including Fortune 500 companies like Google, Chevron and DuPont. The park is strategically located in Pryor, with easy access to major markets.

Northeast Oklahoma is home to the Cherokee Nation capital in Tahlequah, the Muscogee (Creek) Nation capital in Okmulgee, and the Osage Nation capital in Pawhuska. These tribal nations regularly partner with counties and economic development organizations to attract new jobs and create wealth for their citizens.

24 25 25 26 TRANSPORTATION Located in the heart of the country, northeast Oklahoma is a convenient location by air, rail, ground and water - a true intermodal region.

Seven airlines offer direct flights to 19 destinations from the Tulsa International Airport. Other airports in the region, such as the Richard L. Jones Airport in Jenks and the Okmulgee Regional Airport, make travel to and from northeast Oklahoma easy and efficient.

Tulsa also boasts one of the shortest average commute times in the country, making travel throughout the region incredibly convenient.

The Tulsa Port of Catoosa and the Port of Muskogee, both located within the McClellan-Kerr Arkansas River Navigation System, are two of the largest, most inland river-ports in the country. The Port of Catoosa offers year-round barge service and has an annual economic impact of $300 million.

27 TULSA’S FUTURE Tulsa’s Future is an ongoing public-private regional economic development partnership led by the Tulsa Regional Chamber. The plan leverages diverse strategies to enhance the Tulsa region’s standing as a place for business, residents, visitors and students of all ages.

More than 185 public- and private-sector investors – including 37 regional partners –support the economic growth and vitality of northeast Oklahoma through Tulsa’s Future.

28 • Bixby Metro Chamber of Commerce • Broken Arrow Chamber of Commerce

• Broken Arrow Economic Development Corp. • Grand River Dam Authority • Cherokee Nation • INCOG • City of Bixby • ITC Great Plains • City of Bristow • Jenks Chamber of Commerce • City of Broken Arrow • MidAmerica Industrial Park • City of Claremore • Muscogee (Creek) Nation • City of Collinsville • Muskogee City - County Port Authority • City of Glenpool • City of Jenks • Okmulgee Area Development Corp. • City of Okmulgee • Osage Nation • Owasso Chamber of Commerce • City of Owasso • Tulsa County • Public Service Company of Oklahoma • City of Sand Springs • Tulsa Port of Catoosa • Rogers County • City of Sapulpa • Tulsa Regional Chamber • City of Skiatook • Rogers County Industrial Development Authority • Wagoner County Economic • City of Tulsa Development Authority • Rogers State University • Claremore Industrial & Economic Development Authority • Tulsa Airports Improvement Trust 29 STATISTICS

POPULATION GROWTH RATES PER CAPITA PERSONAL INCOME PERCENTAGE OF CHANGE SELECT GEOGRAPHIES

2000-2010 2018-2023 2016 2017 Growth Rate projected Tulsa MSA 9.1% 3.6% U.S. $49,831 $51,640 3.6% Oklahoma 8.7% 3.1% Tulsa MSA $48,256 $51,841 7.4% U.S. 9.7% 4.0% Tulsa County $53,984 $58,985 9.3% Source: U.S. Census Bureau/Demographics Now, May 2018 Oklahoma $42,106 $44,376 5.4%

Source: Bureau of Economic Analysis, www.bea.gov, March 2019

2018 COST OF LIVING INDEX ESTIMATED MIX OF EDUCATION ATTAINMENT AS PERCENT OF U.S. AVERAGE AS PERCENT OF AGE 25+ POPULATION Tulsa MSA Tulsa MSA Oklahoma U.S. Composite Index 87.4% Less than High School 4.1% 3.5% 5.1% Grocery 95.1% Grade 9–12 7.9% 8.8% 6.9% Housing 64.5% High School Graduate 31.1% 31.7% 27.1% Utilities 97.8% Some College, No Degree 23.3% 24.1% 20.4% Transportation 96.2% Associate’s Degree 8.1% 7.1% 8.5% Health Care 91.7% Bachelor’s Degree 18.6% 16.9% 19.7% Miscellaneous 98.3% Graduate Degree 9.1% 8.6% 12.3%

Source: C2ER Cost of Living Index, Jan. 2019 Source: U.S. Census Bureau

30 LABOR STATS & UNEMPLOYMENT RATES

Employment Unemployment Labor Force Unemployment Rates Jan. 2019 Jan. 2019 Jan. 2018 Oklahoma 1,773,519 58,916 1,834,891 3.2% 3.9% Tulsa MSA* 454,423 17,831 472,254 3.8% 4.4% U.S. 156,694,000 6,535,000 163,229,000 4.0% 4.1% Arkansas 1,304,879 50,520 1,355,399 3.7% 3.8% Kansas 1,437,082 50,579 1,487,653 3.4% 3.5% Louisiana 1,998,699 102,713 2,101,412 4.9% 4.7% Missouri 2,959,455 97,370 3,056,825 3.2% 3.5% New Mexico 900,520 48,127 948,647 5.1% 5.2% Texas 13,430,550 525,430 13,955,980 3.8% 4.1%

*Not adjusted for seasonality Source: U.S. Census Bureau of Labor Statistics, Current Employment Statistics, March 2019

COST OF DOING BUSINESS AS PERCENT OF U.S. AVERAGE Tulsa MSA 88.0%

Source: Precis Metro, Moody’s Economy.com, December 2018

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Tulsa Regional Chamber, Economic and Workforce Development Williams Center Tower I One West Third Street, Suite 100 Tulsa, OK 74103 Ph: 918.585.1201 · 800.624.6822 GrowMetroTulsa.com