OK Engineering Firm to Hire Under State Jobs Program
Feb 8, 2013
The state Quality Jobs Program will award a Tulsa engineering and design company with up to $2.36 million in payroll tax rebates if it employs an extra 20 people over several years, the Oklahoma Department of Commerce announced Thursday.
Ambitech Engineering Corp., a Chicago-based company with operations in Tulsa, performs work for the oil and gas, power, and heavy industry sectors.
Ambitech is hopeful of teaming with local energy companies on projects that boost the Tulsa and statewide economy, Brian Geegan, senior business development manager for Ambitech's office in Tulsa, said Thursday. The target clients include companies in the refining and midstream areas of the energy industry.
FMC Technologies, of Oklahoma City, also was accepted into the state Quality Jobs Program. It could be eligible for up to $1.48 million if it hires 73 people.
FMC designs and manufactures subsea production and processing systems, surface wellheads, and measurement, loading and high-pressure fluid control equipment.
Companies can qualify for the rebate program if they have a central office in the state and achieve a $2.5 million taxable payroll for any four consecutive quarters during the first 12 quarters of eligibility. Quality Jobs enrollees also must offer basic health insurance for all employees, and 80 percent of those workers must work at least 30 hours per week.
Distributed by MCT Information Services
Source: (c) 2013 Tulsa World (Tulsa, Okla.)