“Canoo’s American-made electric vehicles will be a catalyst for talent, growth and innovation in Oklahoma.”
In addition, the company plans to locate a customer support and finance center in Oklahoma City and move its headquarters from California to Bentonville, Arkansas, where the firm will place an advanced industrialization facility.
Combined, the facilities announced Monday are expected to employ as many as 1,200 people, Aquila said. Definitive agreements for each of the four projects will include about $100 million in additional, nondiluted financial incentives, he said.
“Over the past year, we have made substantial investments in the city’s innovation infrastructure through partnerships like the 36 Degrees North Incubator at City Hall and the Greenwood Entrepreneurship Incubator at Morton — both of which have been executed with the goal of supporting the growth of the next generation of innovative companies,” Tulsa Mayor G.T. Bynum said in a statement.
“(Monday’s) announcement is yet another sign of the power of these investments, as well as the need to craft innovative workforce and training strategies to prepare more Tulsans for technology-based jobs.”
Canoo is targeting about $100 million in vehicle orders in both Oklahoma and Arkansas, Aquila said.
“We are excited to have the Canoo software engineering and tech hubs in Tulsa,” Ken Levit, executive director of GKFF, said in a statement.