2018 April POINT!

Companies Make Major Investments in Oklahoma City

S ince the beginning of 2018, Oklahoma City’s economy is seeing incredible momentum with the announcement of relocation and expansion projects. In addition to the announcement made by military target drone manufacturer Kratos Defense & Security Solutions, Inc., WeGoLook and CACI International Inc. have also announced significant investments in Oklahoma City in the first quarter of this year. “This recent group of announcements underscores the strength of what Oklahoma City can offer companies with its business-friendly environment and continued investments in quality-of-life projects,” said Roy H. Williams, CCE, president and CEO of the Greater Oklahoma City Chamber. “The companies who are expanding in Oklahoma City play an important role in diversifying our economy and investing in our communities.”

WeGoLook, an Oklahoma City startup that grew to be the world’s first gig economy platform for business customers, announced last month that it will expand its operations and grow its local workforce in Oklahoma City over the next five years. WeGoLook plans to add more than 300 new jobs by 2023 and, while remaining based in Oklahoma City, continue its international expansion and rapid customer growth trajectory. “We are proud of being an Oklahoma-born company and committed to continuing to keep our roots here,” said WeGoLook CEO Robin Smith. “With incentive programs like Oklahoma City’s Strategic Investment Program, we are able to do that by growing our workforce and enhancing our workplace here in Oklahoma City.” WeGoLook combines technology with an on- demand workforce to gather and validate information. A

majority of the company was acquired in January 2017 by Atlanta-based Crawford & Company, the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self- insured entities. WeGoLook operates as an independent subsidiary of Crawford & Company with more than 140 employees and 40,000 independent contractors dedicated to operations. Adding to the positive development in Oklahoma City is CACI International Inc., a company that provides cyber-security and information services to intelligence, defense and federal civilian customers. CACI will centralize some of its business operations in Oklahoma City by opening a shared services center. The center is expected to employ 550 people when fully staffed.

According to the company, Oklahoma City provides cost advantages and high-quality talent to support CACI’s business operations. By centralizing some of its transactional business operations in one location, CACI expects to optimize the delivery of cost-effective, quality services with greater reliability and consistency across the company. “We welcome the opportunity to expand our operations in Oklahoma City,” CACI President and Chief Executive Officer Ken Asbury said. In the first quarter of 2018, Chamber-assisted companies announced 1,410 new jobs and $165.2 million in capital investment in the region. The number of jobs announced is more than double over the same timeframe in 2017.



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