OK: Avery Barron Industries Expanding in Tulsa
10 Nov, 2010
Tulsa-based Manufacturer Receives State incentive, plans to add jobs
ABI (Avery Barron Industries), announced today announced it has been accepted into the Oklahoma Quality Jobs Program and will create more than 100 jobs over the next five years. ABI, a metallurgy part manufacturer of precision steel and machines parts for a variety of industries, opened in Tulsa in July with plans to quickly expand.
“Every company expansion, every single new job created improves our economy and helps Tulsa thrive and grow,” said Mike Neal, the Chamber’s president and CEO. “We congratulate ABI for taking advantage of state incentives, we thank them for choosing to do business in Tulsa, and the Chamber looks forward to assisting them in further expansion and talent recruitment.”
Through ABI’s participation in the Oklahoma Quality Jobs Program, the company is poised to grow by 142 percent annually over the next five years with expectations of adding more than 108 new jobs in Tulsa. These 108 new jobs will create an additional 201 indirect jobs and an economic impact of $81 million in the Tulsa region.
“Job development continues to be a priority of mine and it takes a collaborative effort to build a climate where businesses have the confidence to develop or expand in Tulsa,” said Tulsa Mayor Dewey Bartlett. “The city of Tulsa is open for business and we are glad ABI has chosen Tulsa to expand their company and create quality jobs that will positively impact our workforce.”
ABI leaders said they chose to locate in Tulsa because of existing industry relationships and the outstanding workforce. The company anticipates it will hire primarily skilled positions such as welders, press brake operators, machinists, and laser and plasma cutters.
“Our ability to attract and hire quality employees will be a key to our success,” said ABI President and CEO Bruce Barron. “The Quality Jobs Program provides tax incentives, which help ABI stay competitive and continue to grow.”
The Oklahoma Quality Jobs Program, through Senate Bill 909passed in 2009,offers enhanced incentives for job creation in Oklahoma, allowing existing and new businesses in Oklahoma to take advantage of both tax rebates and tax credits providing they meet the criteria for payroll and job creation.
“By choosing to locate in Tulsa and creating more than 100 new jobs, Avery Barron Industries is helping grow Oklahoma’s advanced manufacturing sector, a targeted development sector for the Oklahoma Department of Commerce. Avery Barron Industries’ investment is another great example of the state Commerce Department and the Tulsa Metro Chamber working closely in tandem to advance economic development in Tulsa,” said Sandy Pratt, Commerce deputy director for business services. “Incentives like the Quality Jobs Program are critical to our economic success because they attract new investment, help companies expand and put Oklahomans to work.”
Located at 2102 W. Skelly Dr., in Tulsa, ABI (Avery Barron Industries) is a metallurgy part manufacturer providing precision steel and machines parts of oil and gas, material handling, communication, military/defense, heavy equipment and food processing industries.
About Tulsa Metro Chamber
Established in 1903, the Tulsa Metro Chamber’s mission is to serve as the principal business-driven leadership organization improving the quality of community life through the development of regional economic prosperity. The Chamber represents more than 3,000 member organizations, approximately 175,000 area employees and utilizes 3,400 volunteers to accomplish its programs and services.