Massive new car factory for Pryor

[shavethewhales]

https://ktul.com/news/local/electric-car-plant-coming-to-pryor

Auto manufacturer Canoo has announced it will bring 2,000 high-paying jobs to MidAmerica Industrial Park with new production site.

I have never heard of Canoo, and their cars look ridiculous, but I'm excited for the jobs! We didn't get Tesla, but this could be a great catalyst for us all the same!

Their vans do look pretty useful, but their truck model is going to need a work-over... At least they are unique!

[SXSW]

https://ktul.com/news/local/electric-car-plant-coming-to-pryor

Auto manufacturer Canoo has announced it will bring 2,000 high-paying jobs to MidAmerica Industrial Park with new production site.

I have never heard of Canoo, and their cars look ridiculous, but I'm excited for the jobs! We didn't get Tesla, but this could be a great catalyst for us all the same!

Their vans do look pretty useful, but their truck model is going to need a work-over... At least they are unique!

These EV manufacturers will develop clusters in different parts of the country.  Getting one plant should enable us to get others as the labor pool builds up and suppliers are attracted to the area.  This bodes well for potentially attracting other manufacturers like Tesla or Rivian. 

[LandArchPoke]

https://ktul.com/news/local/electric-car-plant-coming-to-pryor

Auto manufacturer Canoo has announced it will bring 2,000 high-paying jobs to MidAmerica Industrial Park with new production site.

I have never heard of Canoo, and their cars look ridiculous, but I'm excited for the jobs! We didn't get Tesla, but this could be a great catalyst for us all the same!

Their vans do look pretty useful, but their truck model is going to need a work-over... At least they are unique!

I had never heard of this group either. The cargo van does actually look pretty useful and could be a huge market given Amazon is moving to electric delivery vans. I'm sure at some point UPS, Fedex, etc. will move that way too and seems like they are positions to be an alternative to Rivian for that segment. The truck is a bit odd to say the least. It looks more like a recreation vehicle than an actual practical everyday car. It looks like something you'd have at a vacation house to go off roading or something.

I hope this group is successful. Would definitely give our region a leg up when anyone else is looking for new locations for battery and/or electric car production by co-locating.

[TheArtist]

Still a very speculative company, but really hope this works out.  Speaking of electric trucks, my old truck is hanging in there but want a new one and would like to go electric.  Would like a Tesla but am now looking at the new Ford Maverick Hybrid.  Small and inexpensive, which is great for city parking, but will still get the job done work wise, and has some nice features. The Canoo Truck looks nice and also has some fun extra features, but can't hold out that long to get something. Air just went out in the old truck, got it working again but the poor old thing aint gonna last long lol.

Will be needing a new car soon as well which is what we may hold out for in getting an all electric vehicle. They need to get these electric vehicles online asap!

[Red Arrow]

Air just went out in the old truck, got it working again but the poor old thing aint gonna last long lol.

I waited until the transmission went on my old car to get a new one.  The AC wasn't working for several years.   

[LandArchPoke]

Still a very speculative company, but really hope this works out.  Speaking of electric trucks, my old truck is hanging in there but want a new one and would like to go electric.  Would like a Tesla but am now looking at the new Ford Maverick Hybrid.  Small and inexpensive, which is great for city parking, but will still get the job done work wise, and has some nice features. The Canoo Truck looks nice and also has some fun extra features, but can't hold out that long to get something. Air just went out in the old truck, got it working again but the poor old thing aint gonna last long lol.

Will be needing a new car soon as well which is what we may hold out for in getting an all electric vehicle. They need to get these electric vehicles online asap!

Off topic I know, but you might look into the plug in hybrids. Volvo's go 20-30 miles on a charge depending on the model and then have a gas tank that kicks in after that. That range gets you pretty much anywhere in town and really only use gas for longer road trips. The XC40's are a decent size and good quality and they have 100% electric version already available. The bigger SUV's XC60 & 90 have all electric models coming out in the next 12 months too. Volvo is pretty under the radar but their battery and hybrid tech is probably the closest to Tesla - just doesn't get the same attention. There's still pretty hefty tax credits for electric cars too.  

I do hope this is not a Foxconn type situation, where nothing pans out. I hope this company is successful and hopefully if they are announcing a plant for production they've got some customers lined up. The delivery/service industry seems like a good area to go after, there's not a dominate electric car producer in that segment. Tesla seems uninterested in delivery vans. Rivian is still pretty new and is likely only going to be focused on Amazon vehicle deliveries for a few years so that leaves that market wide open for someone like Canoo if they can execute on product.

[AdamsHall]

I had never heard of this group either. The cargo van does actually look pretty useful and could be a huge market given Amazon is moving to electric delivery vans. I'm sure at some point UPS, Fedex, etc. will move that way too and seems like they are positions to be an alternative to Rivian for that segment. The truck is a bit odd to say the least. It looks more like a recreation vehicle than an actual practical everyday car. It looks like something you'd have at a vacation house to go off roading or something.

I hope this group is successful. Would definitely give our region a leg up when anyone else is looking for new locations for battery and/or electric car production by co-locating.

I have been following this group for a while.  I think/hope they are legit.  It is an odd looking vehicle, but some of the off-road rigged out versions are pretty interesting looking.

[ComeOnBenjals]

Great news, hope it works out! Would love for Tulsa to build some EV momentum. Tesla is a big name, but certainly not going to be the only company building manufacturing plants.

[Laramie]

Oklahoman, 06-18-2021

Electric Car Plant, good news for our sister city of Tulsa.   A plant of this size and magnitude is sure to attract a number of satellite companies to neighboring Tulsa.

[Laramie]

This factory will be a great boost for the area.  Most of your skilled work force will be hired from the Tulsa metro area requiring an easy 44 minute drive or less on I-44 from Tulsa to Pryor.  Credit Governor Stitt who I understand was instrumental in making this possible.

Admit I' m not a fan of Governor Stitt who I like to refer to as Governor 'Jethro Bodine' Stitt; however give credit where credit is due.  Also the bidding process from the attempts to lure Tesla may have played to Tulsa advantage.  Think about the Oklahoma Quality Jobs Program which is sure to benefit Canoo .  

Now if Oklahoma can slowly phase out the State's personal income tax, it won't put Oklahoma on an even playing field; however it will be a feather in Oklahoma's cap.  You have to remember that our electric grid in Oklahoma is tied to grids throughout.  Texas is beginning to experience problems with its grid.

The last major car plant in Oklahoma was GM in Oklahoma County.  Oklahoma City was able to get an agreement with the county that the school districts wouldn't apply for school tax incentives.  Someone in Mid Del District got the big head; demanded the school districts get their due.  When plant closures hit GM, looks like some higher up in GM gave the OKC plant the ax.


The Oklahoma City GM Plant was a modern plant (now apart of Tinker AFB) with good production as they began manufacturing I believe were A frames and some early SUVs.   All that became history.  Anyway, it strengthened Tinker AFB once the county and city were able to acquire the plant.

Anyway, best of luck with Canoo.  Don't know much about their track record--hope this comes to fruition as they work cooperatively with the community and the Tulsa metro.

[Red Arrow]

Now if Oklahoma can slowly phase out the State's personal income tax, it won't put Oklahoma on an even playing field; however it will be a feather in Oklahoma's cap.

What taxes would you add or increase to make up for the loss of the income tax?

[LandArchPoke]

What taxes would you add or increase to make up for the loss of the income tax?

Exactly. It has to be made up somewhere, yet everyone seems to ignore that. Because TEXAS DOES IT! That's good enough right haha?

Now if Oklahoma can slowly phase out the State's personal income tax, it won't put Oklahoma on an even playing field; however it will be a feather in Oklahoma's cap.  

Texas also has some of the most outrageous property taxes in the country. Anyone who makes less than $300,000 in Texas has a higher tax burden there than they do in Oklahoma. Your property taxes in Texas are as much or more than an average mortgage payment every month. For low, middle, and even upper middle income people in Texas, your effective tax rate can be close to 30% (not counting your federal tax rate either)... the ONLY people that tax structure actually benefits is incredibly wealthy people who have a disproportionate income to housing cost ratio.

[Red Arrow]

Exactly. It has to be made up somewhere, yet everyone seems to ignore that. Because TEXAS DOES IT! That's good enough right haha?

Texas also has some of the most outrageous property taxes in the country. Anyone who makes less than $300,000 in Texas has a higher tax burden there than they do in Oklahoma. Your property taxes in Texas are as much or more than an average mortgage payment every month. For low, middle, and even upper middle income people in Texas, your effective tax rate can be close to 30%... the ONLY people that tax structure actually benefits is incredibly wealthy people who have a disproportionate income to housing cost ratio.

https://www.bing.com/videos/search?q=beatles+taxman&view=detail&mid=5ACF02BDEDB508E1C1C05ACF02BDEDB508E1C1C0&FORM=VIRE0&ru=%2fsearch%3fq%3dbeatles%2btaxman%26qs%3dEP%26pq%3dbeatles%2btax%26sc%3d8-11%26cvid%3dC1799E5C4D3B4E47AC0A4F3F16BED38B%26FORM%3dQBLH%26sp%3d1

[tulsabug]

Still a very speculative company, but really hope this works out.  Speaking of electric trucks, my old truck is hanging in there but want a new one and would like to go electric.  Would like a Tesla but am now looking at the new Ford Maverick Hybrid.  Small and inexpensive, which is great for city parking, but will still get the job done work wise, and has some nice features. The Canoo Truck looks nice and also has some fun extra features, but can't hold out that long to get something. Air just went out in the old truck, got it working again but the poor old thing aint gonna last long lol.

Will be needing a new car soon as well which is what we may hold out for in getting an all electric vehicle. They need to get these electric vehicles online asap!

The all-electric F-150, while not small, is tempting. Being able to power your house for 10 days with it is a big plus with PSO's annual ohnoeswehadsastormandwemightgetpowerbackoninaweek festival.

[tulsabug]

Exactly. It has to be made up somewhere, yet everyone seems to ignore that. Because TEXAS DOES IT! That's good enough right haha?

Texas also has some of the most outrageous property taxes in the country. Anyone who makes less than $300,000 in Texas has a higher tax burden there than they do in Oklahoma. Your property taxes in Texas are as much or more than an average mortgage payment every month. For low, middle, and even upper middle income people in Texas, your effective tax rate can be close to 30% (not counting your federal tax rate either)... the ONLY people that tax structure actually benefits is incredibly wealthy people who have a disproportionate income to housing cost ratio.

It is cute when our Texas friends brag about no income tax but then have so much more in property taxes, vehicle taxes, and on and on and on. Also they were awfully quiet about how crazy their electric bill was during that cold snap - wonder why.