AGP Executive Report
Last update: 6 hours agoManufacturing Deal: Broken Arrow-based Paragon Films is set to be acquired by Atlantic Ridge Capital and Grafine Partners in a deal valued at about $900 million. The packaging maker produces stretch and shrink films for food, retail and e-commerce. Tulsa Business Growth: A new entrepreneurship center aims to expand opportunities for small businesses, while the city is weighing a hotel-tax increase to improve venues and compete for major events. Airport Expansion: Will Rogers International Airport has unveiled a plan to handle up to 20 million passengers. Industrial Investment: Greenheck Group plans a major Oklahoma expansion. Economic Indicators: Oklahoma tax revenue rose 7.1% to $18.18 billion over 12 months, and the Oklahoma State Fair generated an estimated $93 million for Oklahoma City’s economy. Industry Cleanup: Oklahoma’s active medical marijuana grower licenses have fallen from a 2021 peak of 9,402 to 1,703, leaving abandoned sites and cleanup costs for landowners and public agencies.
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