BROKEN ARROW, Okla. (AP) — A precision machine and fabricating shop in Broken Arrow plans to add 175 jobs over the next decade under the Oklahoma Quality Jobs Program.
Rise Manufacturing serves the energy, aerospace and defense industries. It could receive up to $2.8 million under the program.
Company president Matt Torres said the company has already seen rapid growth. He said in May he had 15 employees but that he now has 32. He said he will hire mainly machinists and welders.
The Oklahoma Quality Jobs Program is administered by the Oklahoma Department of Commerce. It offers incentives for companies to locate and expand in Oklahoma.
The Tulsa World reported Tuesday that, since the program's creation in 1993, the state has issued 705 contracts and paid out $871 million in performance-based wage rebates.