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Panasonic chooses Kansas over Oklahoma for new battery factory

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TULSA, Okla. — Despite Oklahoma's best efforts, Panasonic chose Kansas to build its new vehicle battery factory, MidAmerica Industrial Park confirmed Wednesday.

Panasonic will invest several billion dollars in the factory to supply batteries for Tesla.

Oklahoma Gov. Kevin Stitt spent the last several months supporting new legislation to entice the company to set up shop in Pryor's MidAmerica Industrial Park. Stitt signed the Large-scale Economic Activity and Development Act in April that authorized up to $700 million in state subsidies to lure the company, though lawmakers never mentioned Panasonic by name.

Stitt's Communications Director Carly Atchison responded with the following statement to 2 News Oklahoma:

“Governor Stitt is confident in his plan to attract companies to Oklahoma. This is not the end of the governor’s strategy to make Oklahoma a Top Ten state for business and Oklahomans would be wise to not count us out just yet.”

David Stewart, CEO and trustee of MidAmerica Industrial Park released a statement confirming they'd been working with Panasonic:

"It has been a privilege to work with Panasonic and compete for this project. As the largest of its kind in the central United States, MidAmerica Industrial Park is a top-tier choice for major corporate expansions and provides a transformational economic impact to the region.

Our substantial capital investments in MidAmerica's infrastructure, quality of life initiatives, and workforce development strategies continue to bring national and international business prospects to MidAmerica.

We are committed to advancing Mayes County’s community planning initiatives and local incentives as we continue to work on our next major opportunity."

The Tulsa Regional Chamber also released a statement on the announcement.

“The Tulsa region has much to be excited about moving forward. We thank MidAmerica Industrial Park, Grand River Dam Authority, the Cherokee Nation, Oklahoma Department of Commerce, and all partners who have been working diligently on this effort, and the legislators who passed the incentive package to support future economic development efforts across the state. During the last several years, Tulsa's Future and its regional and tribal partners have secured record-breaking projects, driven new industry growth and generated thousands of new jobs. We remain bullish in our pursuit of major economic development projects and will continue to collaborate as a region and state to bring transformational investment to northeast Oklahoma.”


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