Mid-Con Energy, Taylor Forge among four Tulsa entries into Quality Jobs program
By ROD WALTON World Business Editor on Aug 29, 2013, at 12:39 PM Updated on 8/29/13 at 2:13 PM
Employment
The Obama administration approved new rules Tuesday that extend minimum wage and overtime pay to nearly 2 million home health-care workers who help the elderly and disabled with everyday tasks such as bathing, eating or taking medicine.
U.S. Sen. Max Baucus said Monday that his effort to revamp the tax code helped attract some of the business world's biggest names to Montana for a jobs conference that touched on taxes, energy development and other issues.
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Four Tulsa firms — spanning the energy, manufacturing and heating and air sectors — were among six companies accepted into the Oklahoma Qualilty Jobs Program for payroll tax incentives, the state Department of Commerce announced Thursday.
Payroll tax rebates could total more than $8 million if the four Tulsa firms hire and retain nearly 280 new jobs overall. The Quality Jobs enrollees include Mid-Con Energy Operating Inc., Circle B Measurement and Fabrication LLC, Specific Systems LTD and Taylor Forge Engineered Systems Inc.
Carlisle Foodservice Products Inc. of Oklahoma City and Dollar Tree Distribution Inc. of Marietta are the only new Quality Jobs enrollees outside of Tulsa.
Mid-Con Energy, a Tulsa waterflood gas and oil producer, could be the biggest beneficiary if it achieves the 45 additional jobs. Mid-Con’s payroll tax rebates could total $2.995 million over the life of the program.
Taylor Forge, a steel fabricator for the energy market, could receive $2.17 million for 93 new jobs under its new growth plans. Circle B and Specific Systems are looking to hire 65 and 77 workers and gain $1.41 million and $1.61 million in payroll tax rebates, respectively.
Circle B fabricates natural gas measurement and process equipment. Specific Systems designs and builds environmental air-conditioning, heating ventilation and pressurization equipment.
Employment
The Obama administration approved new rules Tuesday that extend minimum wage and overtime pay to nearly 2 million home health-care workers who help the elderly and disabled with everyday tasks such as bathing, eating or taking medicine.
U.S. Sen. Max Baucus said Monday that his effort to revamp the tax code helped attract some of the business world's biggest names to Montana for a jobs conference that touched on taxes, energy development and other issues.
CONTACT THE REPORTER
918-581-8457
Email
