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The Water Cooler
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Lawmaker invites gun manufacturer to relocate to Sooner state
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<blockquote data-quote="Poke78" data-source="post: 2084596" data-attributes="member: 4333"><p>I'm not into arguing via technology so just set that out of your mind because I want to keep it positive. I mentioned the various current programs because your original post seemed to overlook those programs as legitimate incentives that needed to be considered. My goal was to not assume anything because that only leads to misunderstandings so I just tried to put something on the table to start the conversation. I'm glad you're aware of these incentives because they do have a history of drawing companies to OK. </p><p></p><p>I see where you're coming from as to the wage multiplication factor but from a state finance perspective it's still about cash flow. They aren't going to give more than they are directly getting from the company that is in an OQJ Incentive Contract. The Legislature still believes this to be the best use of incentive dollars where the company is paid directly for proven performance. There have been other incentives that do not have a stellar record of payback and the Legislature is still in the hunt to eliminate incentives that don't return more to the state than they directly cost.</p><p></p><p>It seems we're in agreement about the government's proper role in economic development. Since that is a big part of my job, I'm all about growing the manufacturing base in OK. On the original subject of the thread about getting a gun manufacturer to OK, I had informal contact with large maker of handguns and rifles based in the east about 6-1/2 years ago. The CEO was visiting OKC for an event I attended where he was the featured speaker and I had time to speak to him and his staff on some of the key points from the presentation. I strongly recommended they consider bringing a facility to OK but they seemed very tied to their current location and workforce.</p></blockquote><p></p>
[QUOTE="Poke78, post: 2084596, member: 4333"] I'm not into arguing via technology so just set that out of your mind because I want to keep it positive. I mentioned the various current programs because your original post seemed to overlook those programs as legitimate incentives that needed to be considered. My goal was to not assume anything because that only leads to misunderstandings so I just tried to put something on the table to start the conversation. I'm glad you're aware of these incentives because they do have a history of drawing companies to OK. I see where you're coming from as to the wage multiplication factor but from a state finance perspective it's still about cash flow. They aren't going to give more than they are directly getting from the company that is in an OQJ Incentive Contract. The Legislature still believes this to be the best use of incentive dollars where the company is paid directly for proven performance. There have been other incentives that do not have a stellar record of payback and the Legislature is still in the hunt to eliminate incentives that don't return more to the state than they directly cost. It seems we're in agreement about the government's proper role in economic development. Since that is a big part of my job, I'm all about growing the manufacturing base in OK. On the original subject of the thread about getting a gun manufacturer to OK, I had informal contact with large maker of handguns and rifles based in the east about 6-1/2 years ago. The CEO was visiting OKC for an event I attended where he was the featured speaker and I had time to speak to him and his staff on some of the key points from the presentation. I strongly recommended they consider bringing a facility to OK but they seemed very tied to their current location and workforce. [/QUOTE]
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