The Woodward News

Local News

January 24, 2013

State enjoying strong economy



To help ensure that the state continues to see economic growth in the years to come, Lopez said the Department of Commerce has identified 5 priority "eco-systems," or economic areas, where to focus its development efforts.

These 5 priority areas are those in which the state is primed for business growth, he said.

Lopez said the eco-systems that "matter most to Oklahoma currently" are 1) energy, in all forms from biofuels to wind; 2) agriculture; 3) aerospace and defense, including the state's 5 military installations; 4) financial and data services, such as the Google data center near Pryor; and 5) transportation and warehousing.

And in working to develop these 5 areas, Lopez said the Oklahoma Department of Commerce will "continue to focus on businesses that are already here" in addition to looking at recruitment.

That's because of the 37,000 jobs that were added in the state last year, "more than 90 percent were for companies that are already here, the rest were from startups and new businesses," he said.

"So taking care of our current customers will be priority number 1," Lopez said.

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