Retention and Expansion
The BAEDC recognizes the importance of existing business and the role it plays in the health and stability of Broken Arrow’s local economy. We are committed to supporting the success and growth of existing businesses and industries.
Our team works with your company to help identify and assess the needs and challenges your business may be facing and connect you with solutions and resources that will support the stability and growth of your company.
We work closely with many community partners, including the City of Broken Arrow, our public school systems, technical training partners, higher education, elected officials, utility partners, and many other entities dedicated to providing solutions and an environment for success within our community.
Our Economic Development staff is readily available to meet with your businesses to offer assistance and resources in a number of areas including identifying available real estate, incentive programs, assisting with workforce training, and more.
We work to meet with our largest employers on an annual basis, but please contact our office at 918-893-2112 if you would like to schedule a time for us to visit that is convenient for you.
Programs and incentives designed to help your business grow and thrive
The Broken Arrow Economic Development Corporation (BAEDC) will help your business identify the incentives that will best suit your business goals. There are many available, depending on the type of business, the type and number of jobs created and retained, the wages paid, and the overall community impact.
Broken Arrow City Retail Incentive
Retail businesses support the local economy through job creation and tax base enhancement and are critical to the City of Broken Arrow’s economic vitality.
Find out more about Broken Arrow’s Retail Development Incentive Policy.
Oklahoma state incentives programs
Oklahoma has some of the lowest tax rates and some of the best tax incentives in the nation. The state offers companies a low cost of doing business, a low cost of living for employees, and tax rebates that reduce tax burdens even further. Learn more on our incentives page.
Find comprehensive, up-to-date information on Oklahoma’s business incentives and taxes in the Oklahoma Incentives and Tax Guide.
Based in Sweden, Alfa Laval is a global leader in heat transfer and fluid-handling technologies. The City of Broken Arrow and Oklahoma Department of Transportation invested millions of dollars in public improvements to create an industrial access road for the company. Alfa Laval qualified for state incentives through the Oklahoma Department of Commerce Quality Jobs Program and retained Training for Industry Dollars form CareerTech to fund training for their new facility. These efforts resulted in a new job count of 347 employees at an average annual wage of $51,000.
In 2010, The City of Broken Arrow worked with one of our major employers, FlightSafety International, to provide incentives to retain and grow their company here. They received a plant site on a 99-year lease at a cost of $1 per year, as well as $6.6 million in infrastructure for construction needs.