Bank opens new headquarters
First National Bank of Oklahoma, a community bank with two locations in northwest Oklahoma City, opened its new flagship headquarters last week at 5101 N Western. The new 11,000 square-foot cast stone-and-brick building sits on the northwest corner of NW 50 and Western. “We are very excited to open our new Western Avenue location. This landmark new building allows us to continue growing and better serve our customers,” President Mel Martin said. “
OCU school earns accreditation
Oklahoma City University’s Meinders School of Business has joined the ranks of less than 5 percent of business schools worldwide, earning accreditation from the Association to Advance Collegiate Schools of Business. The recognition designates the school as a leader in management education based on a high quality teaching environment, innovative programming and active engagement with industry. “It takes a great deal of self-evaluation and determination to earn AACSB Accreditation, and I commend Oklahoma City University for its dedication to management education, as well as its leadership in the community,” said Robert D. Reid, executive vice president of AACSB International.
Pipeline expansion is contracted
TULSA — Williams Partners LP announced Wednesday a fully contracted expansion project for its Transco natural gas pipeline. The $150 million Garden State Expansion Project will add compression to provide 180,000 dekatherms of natural gas transportation service and increased reliability to a New Jersey distributor that was affected by Hurricane Sandy. Williams Partners plans to place the project into service in stages in 2016 and 2017. “As demonstrated by this continued high-level of demand from customers, Williams Partners is well positioned to serve the growing electricity-generation and gas distribution needs of markets up and down the eastern United States,” said Frank Ferazzi, vice president and general manager of Williams Partners’ Transco system. The project adds to $4.3 billion in capital expenditures planned for the Transco line through 2017. The Transco network includes more than 10,000 miles of pipeline, providing natural gas to markets in 12 states.
From Staff Reports