Muncie Power Products Inc., a manufacturer of power take-offs and fluid power components, has announced plans to build a new $50 million facility in Tulsa, Okla. The project will be a cornerstone of the 120-acre Peoria-Mohawk Business Park. The new facility will be a relocation of existing Tulsa operations.
“Muncie Power Products Inc., would like to thank the George Kaiser Family Foundation, Tulsa Regional Chamber and the city of Tulsa for their support in acquiring this build site for facility expansion,” Chambers said in a statement. “We are proud and excited to be the first business located in the Peoria-Mohawk Business Park. This new facility will allow us to better serve our customers and support market demand while also providing the best possible working conditions for all of our employees.”
The Peoria-Mohawk Business Park was created through a partnership between the City of Tulsa and George Kaiser Family Foundation. The park will see future improvements including Oklahoma’s first Bus Rapid Transit system and the reconstruction of existing facilities to create mixed-use, mixed-income housing.
“The State of Oklahoma is excited to see the significant investment Muncie is making in the City of Tulsa. The addition of a new building, automated machinery and new equipment will move the company closer to its mission of becoming a world-class manufacturer of power take-offs and fluid power components for the work truck industry,” Governor Kevin Stitt said. “Helping Oklahoma companies expand in our state is a key initiative of my administration. It is exciting to see another company increase their investment in our state, it’s a testament to the business environment we have in Oklahoma.”
Photo from Muncie Power Products, Inc.