Broken Arrow Economic Development Authority
Meeting of: 02/03/2026
Title:
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Consideration, discussion and possible approval of and authorization to execute an Economic Development Agreement between Solar Turbines Incorporated and the Broken Arrow Economic Development Authority
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Background:
A declared goal of the City of Broken Arrow is to encourage, facilitate and promote economic growth within and near the city by attracting and expanding both new and existing industry and commercial business. In 2023, Broken Arrow voters approved a 25-year renewal of the city's franchise with Public Service Company of Oklahoma (PSO). As part of the franchise agreement, PSO collects a 2% franchise fee and a newly established 1% economic development fee, to be used as a fund for essential services and future prosperity. Upon passing the 1% economic development franchise fee, City Council adopted a formal Incentive Policy to support economic growth opportunities throughout the City.
Through the formal Incentive Policy procedure, Solar Turbines Incorporated submitted an incentive application to assist in an expansion project at their current Broken Arrow facility. The proposed project includes a 22,000 square foot facility expansion to allow for 6 additional machine tools and 20% production increase over current maximum capacity. The expansion would encompass an extension of the current production space to include slab, walls, roof, and infrastructure, including additional electrical support and compressed air. Additionally, the Project includes an additional 38,000 square foot slab poured on the exterior for additional inventory storage. The expansion plans will require a $15,500,000 capital investment over the next 3 years and will create an additional 29-net new direct, full-time jobs at the facility.
The incentive application was reviewed by the Broken Arrow Economic Development Team, which includes members of City leadership as well as staff and board members from ...
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