The Oklahoma City Council voted Tuesday to offer tax incentives to General Electric and Baker Hughes for new facilities expected to create hundreds of high-paying jobs. Baker Hughes will receive $850,000 and General Electric will receive $1 million, assuming each company meets job creation expectations. The council voted unanimously to approve the incentives, but Ward […]
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Boeing bucks
Credit: Mark Hancock On Jan. 22, the trust passed a measure to increase the amount originally put forth and another to let the city negotiate an amount for a second round of job relocations. Both require approval from Oklahoma City Council. In the summer of 2011, Boeing announced it was closing its C-130 modernization plant […]