Six companies anticipate creating more than 1,200 new jobs through the state's Quality Jobs Program, qualifying for up to $22.5 million in state incentives.
Of the six, Altus Flight Academy Inc. projects the most new jobs with 400, which could return $8.6 million to the company in benefits. The academy provides pilot and aircraft training in flight simulators and also conducts maintenance training.
Aerospace product manufacturer Rajon LLC pledged 110 jobs in Bristow, and could receive up to $1.9 million from the program.
Oklahoma's Quality Jobs Program provides incentive for companies to locate or expand in Oklahoma.
The program provides quarterly cash payments up to 5 percent of new taxable payroll for up to ten years, provided the company qualifies, according to the Oklahoma Department of Commerce.
Besides the two aerospace companies, four oil and natural gas related firms also qualified for the Quality Jobs program.
Service King Manufacturing said it plans to add up to 175 jobs in Stroud as part of the program. Service King manufactures and assembles oil-field equipment.
NXTGEN Filterworks LLC, ABB Totalflow and Helmerich and Payne International Drilling Co. also pledged to create jobs, further expanding Oklahoma's energy market.
Together, the six companies pledged to create 1,227 new jobs over the next 10 years.
Altus Flight Academy also enrolled in the 21st Century Quality Jobs Program through the Department of Commerce and could receive up to $10 million for the creation of 110 new jobs.
The 21st century program is designed to provide additional incentives for companies to bring “indisputably impactful high-wage jobs” to the state, according to the department.