Oklahoma City sees strong start to 2018 (continued from page 1)
These announcements support projections in the Greater Oklahoma City Chamber’s 2018 Economic Forecast, which found that the Oklahoma City metro economy is now on a steady recovery path. In 2018, Oklahoma City metro job growth is expected to continue this momentum and grow by 1.4 percent, or 9,100 jobs. If national economic conditions continue to be positive, there is the potential for local job gains to be even higher by the end of the year. Growth in 2018 will also return the state’s economy to the $180 billion level established in 2015, and sustained growth through the end of the year will leave the state approaching a $200 billion economy. The projected growth is coming on the heels of a successful 2017, which saw about 6,900 jobs, or 1.1 percent job growth, being added to the Greater Oklahoma City region during the year. A number of new-to-the- region companies announced their expansion into the market in 2017, including Mobile Medical Examination
into Oklahoma City with a new outreach center providing 400 full-time jobs over the course of five years in the Oklahoma City community. The Oklahoma City facility will be MedXM’s second-largest national outreach center, adding an initial 23,000 square feet of office space with plans to expand. Bringing 375 new jobs to the market, SkyWest announced the construction of a 135,000-square-foot maintenance center at the Lariat Landing development near Will Rogers World Airport. Their estimated average annual wage is more than $56,000 and the company plans to invest approximately $30 million for construction of the facility. Other major announcements in 2017 included NTT DATA Services, an Amazon sorting facility, Solaris Paper, and Niagara Bottling. Existing companies also did their part to strengthen the economy last year. In 2017, existing companies added 1,666 jobs to the Oklahoma City economy, with new capital investments totaling $58 million.
Inc. (MedXM), a national leader in the design and
implementation of preventive care technology and in-home health risk assessments. They announced their expansion
6 CITYSCAPE AN UPDATE ON THE PROGRESS MOVING OKC FORWARD
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