Only a 90-minute drive from the Dallas-Fort Worth Metropolitan Area, one of the most populous urban centers in the United States, the city of Ardmore in neighboring Oklahoma is positioning itself as an up-and-coming growth center in the state as well as the country.
“We believe that there are significant opportunities in Ardmore for companies that are in the green energy sector. given the area’s historical strengths in oil and gas,” said Ardmore Development Authority President and CEO William Murphy.
In the past two years, Ardmore has attracted around $1.7 billion in foreign direct investment, which included a landmark energy deal.
The city has also witnessed the entry of aerospace, automotive and logistics companies that are expanding their operations in the Southern U.S.
Building on that momentum, the Ardmore Development Authority has stepped up its efforts to build more industrial sites to accommodate the expected influx of new investors to the area.
“Our close proximity to a major market like Texas and the lower cost of doing business in a state like Oklahoma are among the things that we can start promoting to the Japanese in particular,” Murphy said.
“I think that Oklahoma has shown true commitment by opening an office to promote trade in the Asia-Pacific region. I believe that the state is now primed to show Japan that we are truly open for business,” he added.