Oklahoma.i start – Oklahoma state officials announced an agreement on Friday with a private company in the United Arab Emirates for the construction of an aluminum manufacturing installation of $ 4 billion in the Northeast of Oklahoma.
Governor Kevin Stitt and the officials of the Oklahoma Department of Commerce say that the agreement with Emirates Global Aluminium would result in the first new aluminum smelting installation that will be built in the US. UU. In 45 years.
The annual ability of the foundry would be approximately 600,000 tons (544,000 metric tons) of primary aluminum, according to a Understanding memorandum signed by Stitt and the company’s CEO.
The project is expected to create around 1,000 direct jobs and 1,800 indirect jobs, trade officials said. The installation would be built in more than 350 acres (140 hectares) in the port of Inola, east of Tulsa. The agreement depends on the Oklahoma Legislature that approves a package of financial incentives that includes $ 275 million in the State, as well as exemptions of state tax, sales and inventory taxes.