Oklahoma has been ranked one of the top 10 best U.S. states for manufacturing by Site Selection Group, an influential national location services firm.
“We’re excited for a national site selection firm to confirm what we’ve known and been aggressively promoting – that Oklahoma is one of the country’s most attractive options for manufacturers looking to locate and grow their business,” says Secretary of Commerce Sean Kouplen. “From a highly skilled workforce to our central location, we can compete with anyone. We’re turning a lot of heads now as more companies from numerous industries realize all we have to offer.”
The site selection firm annually ranks all 50 states to determine the most competitive locations for manufacturing based on site selection criteria that are primary considerations for manufacturers, including:
- A company’s ability to hire and retain a qualified workforce
- A company’s ability to receive and ship goods in a cost-effective and timely manner
- Business environment
- Target skill sets
- Regulatory climate
- Utilities and infrastructure
- Real estate
- Economic incentives
“The state’s leadership and the Oklahoma Manufacturing Alliance have worked hard to make Oklahoma a great place for manufacturers,” adds Dave Rowland, OMA president. “We’ve created a business environment and culture where manufacturers can and do succeed – and in the process they positively impact not only our communities but the state’s entire economy.”
Site Selection Group uses its proprietary analysis tool to provide a ranking of all 50 states based on weighted site selection variables that measure primary considerations for manufacturers. Although location criteria are unique to each specific project’s needs, there are standard site selection drivers that typically drive manufacturing location decisions. A company’s ability to hire and retain a qualified workforce, as well as its ability to receive and ship goods in a cost-effective and timely manner are typically the most influential factors that drive final site selection decisions. However, business environment, regulatory climate, utilities, infrastructure, real estate and economic incentives play an important role in the process.
To read more about the Site Selection Group rankings: https://info.siteselectiongroup.com/blog/best-states-for-manufacturing-in-2020