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Two years ago, Houston-based Baker Hughes announced their intention to expand in our community which sent a clear message to the state and region--Claremore has the right mix of resources.
As Claremore’s largest employer, Baker Hughes is a leading supplier of services, products and technology for the oil and natural gas industry with three facilities in our community alone. This year, we celebrated the opening of their expansion at the Baker Hughes Artificial Lift Research and Technology Center which includes research laboratories for scientists and engineers to develop new products for the energy industry. With an investment of more than $60 million, the facility is unlike any test facility in the world.
Right here in Claremore, Oklahoma.
The growth doesn’t end with Baker Hughes. Early in the year, AXH Air-coolers acquired and renovated a dormant manufacturing facility to kick-off their expansion. As 2014 comes to an end, they continue construction of three additional facilities, bringing their footprint to over 500,000 square-feet across 67 acres.
AXH air-coolers designs and manufactures air-cooled heat exchangers for the natural gas compression and power generation industries. This year, they have added over 80 new jobs to our community, bringing their total employment to over 550. Not bad for a company that started out with 40 employees less than ten years ago.
To top it off, they stepped up to sponsor a local elementary school, Stuart Roosa Elementary. We are thankful for their partnerships in our community. With over $14 million in investments in 2014, they now tout the largest manufacturing complex of facilities in their industry.
These are just a couple of the high profile successes for Claremore and CIEDA this past year, but I can assure you there were many more. It is a great time to be in Claremore, Oklahoma.
Phil B. Albert, ChairmanClaremore Industrial and Economic Development Authority