Business Leadership Advancing Oklahoma's
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The Year In Review BUSINESS LEADERSHIP ADVANCING OKLAHOMA’S ECONOMY We’re Proud to Help BUSINESS LEADERSHIP Results & Accolades - Growing Oklahoma SUPPORTED BY ADVANCING OKLAHOMA’S New Projects Announced ................................ 48 ROUNDTABLE IN New Announced Investment ......... $2.3 billion 58 New Jobs Projected ....................................... 5,089 OKLAHOMA GROW PROJECTS Avg. Wage of New Jobs ........................... $41,867 FY2017 Comprised of over 160 Oklahoma ECONOMY corporations and business groups, the Building A Stronger Oklahoma – Jobs & Investment Economic Development Process Oklahoma Business Roundtable serves as 6 HowElements the Roundtable of Wealth Promotes Creation Growth the state’s primary economic development For every $1 in Roundtable support, private sector partners contribute support organization. an additional $6 toward business AgribusinessAgribusiness Business Business AerospaceAerospace & Defense & Defense development efforts statewide. BiotechnologyBiotechnology Expansion Recruitment EnergyEnergy TransportationTransportation & & InformationInformation & & We are a collaborative non-profit group DistributionDistribution FinanceFinance New whose sole purpose is BUSINESS TAX BURDEN Business Start-Up advancing Oklahoma’s economic development – through business start-up, expansion and Lowest in Business & Industry Community Plus Regional EDO’s Governor Lowest in Bus & Trade Groups Domestic & Intl Marketing Teams Lt. Governor Communities Commerce Department recruitment programs. We also the Nation Education/ Workforce Anderson Economic Group focus on projects to develop and grow our state’s workforce. Roundtable Project Support During the past 26 years, the Roundtable has supported members and guests were hosted by Lieutentant Governor and Membership Meetings Mrs. Todd Lamb at an annual holiday dinner and networking hundreds of state, national Feature State Leaders/ reception at the Oklahoma History Museum. Other “conversation” and global business promotion Executives meetings and events were held throughout the year. activities – resulting in thousands of jobs and Hosting Key Business millions of dollars in corporate investment In October 2016, the Roundtable’s Executives/Consultants throughout Oklahoma. Our members are fall membership meeting was held Throughout the year, the committed to the growth and diversification OKLAHOMA BUSINESS in Oklahoma City. Boone Pickens of Roundtable assists in hosting of our state’s economy. BP Capital provided an informative corporate executives, trade program on the domestic oil and missions and national site location ROUNDTABLE gas industry and current state of the consultants to the state. We invite you to join us in our global energy market. Dell EMC executives visit EXECUTIVE REPORT Governor. Boone Pickens In June 2017, Roundtable members efforts! Contact us today. received an overview of current 2017-2018 technology and internet related business trends from Matt FY 2017 Roundtable Jennerich, Site Manager of Google-Pryor. Project Expenditures He told members that the demand for PRESIDENT/CEO cloud computing (delivery of hosted 43% Business Development Projects with Ann Ackerman, Ph. D. services over the internet) is expected to Commerce/Partners for Start-up/ Retention/Expansion/ grow 18% annually. By 2018 Google will Workforce Development have invested $2 billion in its Pryor data center in Mid-America Industrial Park and 39% Commerce, Governor and Lt. Governor for Hosting Consultants/Prospects, now employs 400 workers. Matt Jennerich, Google Expansion & Recruitment including OKLAHOMA BUSINESS ROUNDTABLE 655 RESEARCH PARKWAY, SUITE 420 State economic development update presentations were trade missions, events OKLAHOMA CITY, OKLAHOMA 73104 | 405-235-3787 given by Governor Mary Fallin, Lt. Governor Todd Lamb and 11% Roundtable Meetings & Events BUSINESS LEADERSHIP the Commerce Department at both meetings, followed www.okbusinessroundtable.com ADVANCING OKLAHOMA’S ECONOMY by member networking. In December 2016, Roundtable 7% Marketing and Promotion materials BUSINESS LEADERSHIP ADVANCING OKLAHOMA’S ECONOMY BUSINESS LEADERSHIP ADVANCING OKLAHOMA’S ECONOMY Business Expansion | New Business Start-up | Business Recruitment | Workforce Development Chairman’s Message – 2017-2018 Board of Expanding and Recruiting Growing Oklahoma’s Aerospace Industry – Paris Air Show Growing New Business/ Statewide First Robotics Competition Rob Martinovich GrowingNew Business Oklahoma’s GovernorEconomy Mary Fallin joined a working team of state economic Entrepreneurship The Roundtable supported the annual U.S. Directors developers and company officials at the aerospace industry’s FIRST Robotics regional competition held in premier event in Paris in June 2017. Dozens of marketing and March 2017 in Oklahoma City. Special keynote Dear Business Roundtable Members & Prospective Members: Officers The Oklahoma Business Roundtable actively supports projects Love’s Cup Recognizes Top Collegiate sales meetings were held with aerospace suppliers and prospects. speaker was FIRST founder and acclaimed to promote job creation and investment – through expansion Business Students Let me introduce you to the Oklahoma Business Roundtable, an Oklahoma’s aerospace and defense industry supports 150,000 jobs. inventor Dean Kamen. This project helps high association of business leaders and economic development partners of existing industry and new business location. CHAIRMAN The Love’s Entrepreneur’s Cup (formerly school students discover career potential dedicated to growing Oklahoma. Rob Martinovich Reynold’s Governor’s Cup) is a statewide in engineering and research. The regional Executive Vice-President Our stated mission is: Business Leadership Advancing Oklahoma’s Marketing, Trade Development & Business Recruitment collegiate business plan competition that included over 60 teams and 1,200 students and Inventor Economy. We do this by serving as the state’s primary economic & Chief Administrative Officer Dean Kamen ONEOK Targets are corporate decision makers, site location and simulates the real world process of researching a market, writing mentors with over 100 corporate volunteers. development “support” organization – providing vital funding to assist Tulsa a business plan and making a presentation to potential investors. business retention, expansion, recruitment and company real estate consultants who direct business to our region. The students build and program robots to perform prescribed start-up efforts. Emphasis is on primary jobs in “wealth creating” industries Now in its thirteenth year, the competition has awarded tasks against a field of competitors. such as aerospace/defense, biotech and agribusiness, more than $1.7 million in cash, $110,000 in Now in its 26th year of service, the Roundtable assists our Governor, CHAIRMAN-ELECT scholarships, and $231,000 in fellowships. Promoting Early Learning Initiatives Lieutenant Governor, Commerce Department and many statewide Bill Anoatubby energy, information technology and financial services, and transportation and distribution. Nearly 2,000 students from 33 campuses partners - with focused investments targeted toward the greatest Governor The Roundtable supported the work of statewide have produced over 600 new economic development return. This backing includes assisting The Chickasaw Nation State leaders, a statewide OKCEO’s initiative – which Ada innovative business ideas and several new start- workforce development, trade and investment missions; marketing Commerce Governor Fallin, U.S. Senator Inhofe and Oklahoma business development promotes quality early development team at Paris Air Show. up companies. Oklahoma globally; hosting prospects, site location consultants Department, and dignitaries; promoting quality improvement and economic efforts for children – the first segment of Oklahoma’s workforce Roundtable Roundtable development strategic planning efforts; and sponsoring special pipeline. A major education and awareness conference was held SECRETARY/TREASURER member business development events. and statewide July 2017 highlighting the latest research and programs, from Brenda Rolls community partners Lt. Governor Hosts Business Prospects & Supports company, Love’s within and outside the State, which are making a positive impact Creating quality jobs and growing Oklahoma’s economy is our priority. President & CEO hosted strategic Small Business Corporation, is Frontier Electronic Systems on families with the earliest learners (age 0-5). We continue to make a difference. This past year, our members, who the signature sponsor of the represent key manufacturing, financial, energy, business services, R&D, Stillwater business and industry The 31st annual Lt. Governor’s Turkey education and economic development organizations, assisted our presentations/networking Hunt was held in six communities event. 2017 Roundtable funding state’s leaders and partner communities in creating over 5,000 new jobs receptions and prospect meetings across Oklahoma. The event was was targeted to the Paulsen and over $2.3 billion in private sector investment. in key U.S. cities, Asia, and Europe this past year. These hosted by Lt. Governor Todd Lamb Roundtable President Ann scholarships and general program PAST CHAIRMAN Roundtable Grants Targeted to Statewide Economic activities have led to new business leads and projects for Ackerman and Chancellor Glen support. Roundtable members As business leaders, our continued investment supporting job