Category Archives: Business

Sofidel announces $360 million Inola facility

Governor Mary Fallin poses Friday with local officials and executives from Sofidel Group overlooking the future site of the Italian manufacturer’s new integrated plant.

Governor Fallin Friday participated in a groundbreaking ceremony for Sofidel Group, an Italian manufacturer of tissue paper investing $360 million in Inola. The new plant will support 300 permanent jobs and 500 construction jobs in Rogers County.

“Sofidel will build here an integrated plant to serve the south-central and central-western areas of this great country, where we have been operating since 2012,” said Luigi Lazzareschi, chief executive officer (CEO) of Sofidel Group. “I am glad to announce this new greenfield investment – the second one, after the first made in Ohio. This new investment will support our growth in the U.S. significantly.”  Continue reading

Muscogee (Creek) Nation dedicates hospital

The Muscogee (Creek) Nation held a ribbon cutting on a new 118,075 square-foot Okemah Creek Nation Community Hospital and dedicated the facility to all tribal citizens, the community of Okemah and area residents Friday.

The facility is only one of two Indian-owned hospitals in Oklahoma that serves the general public with the other being the MCN Medical Center in Okmulgee, Okla.  Continue reading

BMW 750Li mechanic sale

Tulsa Mechanic Sale, BMW 750Li available – one only.

A one only gorgeous 2007 BMW 750Li  (“L” for Luxury) is offered for sale in Tulsa for only $8,350 with an incredible list of options – an impressive four door ride. The mechanic that lovingly maintains this classic offers it for sale below market list on a first come basis. A rocket powerful cloud smooth quiet ride from a 4.8 Liter V8 six speed automatic transmission. Continue reading

UPS adds $12 billion in investments

UPS today announced more than $12 billion in investments to expand the company’s Smart Logistics Network, significantly increase pension funding, and position the company to further enhance shareowner value.

“This $12 billion investment program is an outgrowth of the opportunity for tax savings created by the Tax and Jobs Act,” said David Abney, UPS Chairman and Chief Executive Officer.  Continue reading

Helmerich & Payne, Inc. announces results

Helmerich & Payne, Inc. (NYSE:HP) this morning reported net income of $500 million or $4.55 per diluted share from operating revenues of $564 million for the first quarter of fiscal 2018.  Net income per diluted share includes $4.57 of after-tax gains comprised of select items(4), the most significant of which is a non-cash gain of approximately $501 million related to a reduction of H&P’s deferred income tax liability as a result of applying the new corporate tax rate enacted by the Tax Cuts and Jobs Act(5).  Continue reading