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shartel_ave
07-13-2022, 03:47 PM
You have no idea if that was the primary reason.

He's probably right about the larger incentive package being the reason

https://www.cjonline.com/story/news/state/2022/07/13/kansas-get-panasonic-electric-vehicle-battery-plant-location-factory-desoto-tesla/10045344002/

G.Walker
07-13-2022, 03:51 PM
Seems to me that Kansas had their incentive package in place for sometime and had already presented it to Panasonic. Oklahoma had to play catch up, and came up with our package last minute and it was rushed. And with our package, there still wasn't a clear indication on where that money was gonna come from.

I think if we had more time, we could have been more competitive and offered a better package.

Pete
07-13-2022, 03:59 PM
He's probably right about the larger incentive package being the reason

https://www.cjonline.com/story/news/state/2022/07/13/kansas-get-panasonic-electric-vehicle-battery-plant-location-factory-desoto-tesla/10045344002/

It still begs a bunch of questions that need answers: Why were we so late? Why did we bother if we knew we couldn't match their package? Why did we put together a package that wasn't competitive? What are we going to do differently to have a fighting chance of winning these competitions in the future?

BG918
07-13-2022, 04:03 PM
We'll get the next huge plant for sure. Just like we did after the Tesla thing.

Oklahoma is clearly on the radar or it wouldn't be in the running for these developments.

Pete
07-13-2022, 04:06 PM
Oklahoma is clearly on the radar or it wouldn't be in the running for these developments.

Do you remember seeing what Elon Musk wrote (which was later leaked) about meeting with Oklahoma reps?

He basically said he was just paying them a courtesy. And of course the subtext was that it was an opportunity to use OK as leverage which is exactly what he did.

For all we know, we were never in serious contention for this facility either.

Jake
07-13-2022, 04:10 PM
Looking back, the press conference "non-announcement" from Stitt is even funnier in context. I went from thinking that was the announcement to learning we lost out to De Soto, Kansas in three months.

Life comes at you fast.

shartel_ave
07-13-2022, 04:10 PM
Do remember seeing what Elon Musk wrote (which was later leaked) about meeting with Oklahoma reps?

He basically said he was just paying them a courtesy. And of course the subtext was that it was an opportunity to use OK as leverage which is exactly what he did.

For all we know, we were never in serious contention for this facility either.

that is a very real possibility

that may be the reason kansas offered more than twice the dollar amount in incentives

1.2 billion is 502 million more than Oklahoma offered

TheTravellers
07-13-2022, 04:19 PM
Sigh, and of course it is presumed to be going really close to KC.

This thread is toting the political line, but the answer to all of this is younger people not voting. It is honestly mind blowing how many people in Oklahoma do not vote, especially young people. But this is exactly why the system exists in its current form.

OK has had a super-low voter turnout for years, and for the primaries that just happened, we had a whole ~25% of the registered voters in the state vote - completely pathetic statistic.

TheTravellers
07-13-2022, 04:25 PM
CNBC came out with its 2022 rankings for top states for business. Oklahoma ranks 38. Last year it was ranked 32. So, Stitt is slipping and still has a long way to go for top ten. Kansas for 2022 is ranked 21.

Another couple of slots and we'll be in the top 10 states worst for business. Did Stitt ever say verbatim he wanted to be in the top 10 *best* lists or just top 10.....? :)

king183
07-13-2022, 04:41 PM
That NonDoc article is low key depressing funny. The quotes are all from people who sound like they've been told by their parents if you're a good boy, I'll get you ice cream next month. They're being told what they want to hear and repeating it to us. Let's be blunt: our government got embarrassed in this situation and they're in the beginning stages of grief: denial.

TU 'cane
07-13-2022, 04:52 PM
Hooooo baby, this has been something sitting back and reading everyone's comments this afternoon. Everyone's in meltdown mode and wants to leave Oklahoma now. Whether on this site or elsewhere from the general responses I'm seeing. And you know what? Maybe some of you should because you sound absolutely miserable being here and if it'll make you happier, I say more power to you and best of luck.

-Kansas offered $1.2 billion to OK's < $1 billion (someone posted above OK's proposal was only $502 million).
a) At what point do we delineate what are corporate handouts and b) what amount do we say is "enough?" c) why are some corporate handouts acceptable but others aren't? Do some of you wish OK would have gifted Panasonic over $1 billion from the taxpayers? Do you have a proposal for where that money would have come from? If so, please run for office and get off the Internet forums.

-Kansas City, which will be the closest metropolitan area from my understanding and has over 2.5 million people within its CSA (I use CSA because Pryor isn't within metro Tulsa and I'm assuming this plant won't quite be in metro K.C. But please correct me if I'm wrong). Tulsa has 1.1 million.
a) At what point do we simply acknowledge that bigger cities generally win out in these competitions because more people = a larger potential pool? b) At what point do we realize there are thousands of other cities and towns that lost out here besides Tulsa and OK? c) At what point do we realize it was interesting that OK was even considered (even if as a pawn) and look at that as a win for the future?

-The people railing against the rural counties and people are literally proving the point that many of the rural people supposedly hold (according to many of the comments posted these last few pages themselves).
a) Rural people are people too. They are our families, friends, etc. If you look at them and treat them like monsters, expect the same back. b) Quit blaming them and using them as your convenient scapegoat. c) To the people making arguments about how our government is structured, it's operating exactly as intended. Just because one city or area has more people than another, doesn't mean that one gets to dominate the other.

-There was a comment(s) suggesting KS had a 6 month head start. Is this true? If so, that turns the conversation considerably and needs to be taken with a little more seriousness.
a) There is a good question that others are asking "why wasn't OK part of the conversation during that time?" or something similar. Unless someone knows what happened behind closed doors, everything is just speculation. It's an entirely possible scenario Panasonic wanted this site the entire time and didn't let anyone else know until something leaked (on accident or otherwise). Meaning, OK and other states may not have had any idea whatsoever this was a thing. Who are we to blame then?


So now let me join in the fray here and say I'm disappointed. Everyone is. You think Stitt isn't? You think the chamber of commerce isn't? Do you think they aren't reflecting on what else could have been done? I bet they are, no one wants to assume that though because of certain lenses they put over their eyes.
But only time will tell if this was for the best or not. You never know. Keep in mind that with things like this comes other consequences (some that a few of you on here may like or not be bothered by, but that doesn't speak for everyone): increased traffic, increased property values, increased housing demand (single family will be the most sought after, which I thought was a no-no for an urban development forum), etc.

Take a breath, walk away from the computer screen and contact your legislator and let them know that you'd like to talk about the Panasonic deal in person or in more detail with them. I'm guessing 99% of you haven't done that or won't as it requires less effort to find scapegoats and put on our political sunglasses.

Pete
07-13-2022, 05:11 PM
So now let me join in the fray here and say I'm disappointed. Everyone is. You think Stitt isn't? You think the chamber of commerce isn't? Do you think they aren't reflecting on what else could have been done? I bet they are, no one wants to assume that though because of certain lenses they put over their eyes.

I doubt anyone here thinks Stitt isn't disappointed, but that is hardly the point.

What can we learn from this? What changes do we need to make? How do we move forward?

When something doesn't go right, you can't possibly expect the people directly involved to provide an objective evaluation. And that has nothing to do with "political sunglasses".

Celebrator
07-13-2022, 05:13 PM
^100%

TU 'cane
07-13-2022, 05:34 PM
I doubt anyone here thinks Stitt isn't disappointed, but that is hardly the point.

What can we learn from this? What changes do we need to make? How do we move forward?

When something doesn't go right, you can't possibly expect the people directly involved to provide an objective evaluation. And that has nothing to do with "political sunglasses".


^100%

I don't think anyone here is naive enough to believe our personal politics don't get in the way, at least a little:


I doubt anyone here thinks Stitt isn't disappointed, but that is hardly the point.

What can we learn from this? What changes do we need to make? How do we move forward?

When something doesn't go right, you can't possibly expect the people directly involved to provide an objective evaluation. And that has nothing to do with "political sunglasses".


This is a very good time to study the reasons why we keep getting passed over.

Everyone has opinions, but it would be nice to talk directly to the decision-makers at Panasonic and find out why they preferred Kansas. This should not be led by the governor or his cronies. I'd like to see a bi-partisan group established so we can find out the real truth, whatever it may be.


We were never going to get Tesla, but this is different and we need to learn from it.


Not going to happen, they will all be reelected and nothing will change. Too many stupid people in this state, it makes the educated ones question whether they should move somewhere else.


I love OKC and the state of Oklahoma along with the people that live here and very happy that I moved here but I do not like the state government but I could say that about the federal government and most other state governments.

I'm no fan of democrats or republicans both sides are funded by massive corporate money.

More attention needs to be focused on overturning citizens united.


You guys are forgetting that, aside from the OKC and Tulsa areas, the rest of the state wants OK to suck. And our legislators have rigged it to where the part of the state with 10% of the population have 50% or more of the power at the state level.

So yeah. There is nothing we can do. People in Guymon don't care if the state grows, same with people in Atoka. Yet they have an unjust amount of representation, based on population.

You won't hear a damn thing from state legislators, considering some of them wanted them to pick Kansas because they were pro-choice. Quit thinking this will spark change.


Top 10 state, eh? Yet another failure to deliver from the Governor's office. Yet I'm sure people will just eat up the rhetoric despite zero evidence of success at recruiting businesses (or anything else).


Sigh, and of course it is presumed to be going really close to KC.

This thread is toting the political line, but the answer to all of this is younger people not voting. It is honestly mind blowing how many people in Oklahoma do not vote, especially young people. But this is exactly why the system exists in its current form.

I decided to stop before going another page because my point is beyond proven.
You (Pete) made a great post (#144, I think) that is mostly encouraging and the mindset all of us need to have: WTF happened and what can we do to avoid or put ourselves in a better position for the next one? Dang, we missed these last two, but let's go for a third and try smarter, harder, etc. all around.
Some of you will no doubt come back to the political aspect as the comments above prove unequivocally. And while there is an element there that can't be ignored, we need to remember one important thing: these companies couldn't care less about politics as a whole. They'll grandstand a little here and there but remember that most of them will gladly put certain profile pics and colors on their social media accounts during certain days or months in some countries while not for others.
They play games and don't really care too much about Bible thumping rednecks as the comments above are laced with when reading between the lines. They care about bottom lines and handouts. KS is probably cheaper because there's less there than here and KS also doubled our offer.

What if it's as simple as that? If it is, then my questions in my original post need answering: what are the definitions and where do we draw the line for corporate handouts? Make no mistake, that's what won this at the end of the day and if I had to guess, Panasonic set themselves up to "win" long term while the politicians in KS are holding up victory signs.
I want good jobs here in OK as well. There probably isn't one person on this forum that doesn't.

Jersey Boss
07-13-2022, 05:35 PM
We'll get the next huge plant for sure. Just like we did after the Tesla thing.

You can't be serious comparing a product manufacturing company to a company that isn't manufacturing anything yet.

Pete
07-13-2022, 05:37 PM
You can't be serious comparing a product manufacturing company to a company that isn't manufacturing anything yet.

I think you missed the sarcasm.

Jake
07-13-2022, 05:40 PM
Major corporations and organizations that deal with them absolutely look at politics and the optics/ramifications that stem from them. To pretend otherwise is foolishness.

Jersey Boss
07-13-2022, 05:40 PM
OK has had a super-low voter turnout for years, and for the primaries that just happened, we had a whole ~25% of the registered voters in the state vote - completely pathetic statistic.

Districts have been gerrymandered to the point that the legislators pick their voters instead of voters picking the legislators. Why vote when the outcome is preordained? Not every district is like that but more than one will have only one candidate in November.

chssooner
07-13-2022, 05:43 PM
Major corporations and organizations that deal with them absolutely look at politics and the optics/ramifications that stem from them. To pretend otherwise is foolishness.

If it was all about politics, Texas would get less than us. Money matters a LOT! Like, a crap-ton. To pretend otherwise is foolishness.

PaddyShack
07-13-2022, 05:46 PM
I think we won out here, I am glad our tax dollars are not wrapped up in one company... I would rather see OK spend those package dollars on education reform, criminal justice reform, mental health reform, etc. If we diverted all of those "bring business to OK" (for lack of a better term) dollars towards our own infrastructure, then I guarantee we would see an influx of businesses.

I say the same thing for the national level. If we were divert just half of the US defense budget to infrastructure and education, then we easily might solve a lot of the issues we have, which in turn positions us better in the world where we might not have to spend those defense dollars!

Plutonic Panda
07-13-2022, 05:46 PM
You have no idea if that was the primary reason.
How would it not be? Businesses are in business to make money. Surely they at bare minimum factored this variable in.

TU 'cane
07-13-2022, 05:47 PM
Major corporations and organizations that deal with them absolutely look at politics and the optics/ramifications that stem from them. To pretend otherwise is foolishness.

Some do, sure. Not all do. And it's usually more along economic reasons than social.
Funny how all of the sudden corporations are our friends and look out for us as bastions of social progress to the point we're willing to shell out $1.2 billion to them.


Look everyone, for fearing risk of being banned I'll slow down on my responses here. And please know that I'm really not "trying" to defend anything or anyone in particular here as much as I'm trying to provide other points of views and variables that may have played a larger factor than the ones being discussed. Again, I'm just as disappointed as everyone else here.

Pete
07-13-2022, 05:52 PM
All anyone is saying is that this is a good opportunity to understand why we failed.

We can all opine about politics and money but we don't know for sure and we'll never know if we don't have some sort of independent and trustworthy evaluation.

And I'd say that regardless of the party in power. We all want improvement but we first have to figure out what that even means.

chssooner
07-13-2022, 05:54 PM
You have no idea if that was the primary reason.

As a business owner, if someone is willing to give you roughly 40% more of something for the same output, you take it. Panasonic isn't some bastion of progressivism, wanting to placate socially-conscious people. They are out to make the most and spend the least to do it.

Dob Hooligan
07-13-2022, 05:57 PM
Kansas, Oklahoma and Texas are closely aligned in state politics. We are no more embarrassing than the others.

Small town people in Carnegie are the same as small town people in Texas, Wyoming or Ohio. Work; fornicate; intoxicate; go to the diner; be suspicious of outsiders.

Plutonic Panda
07-13-2022, 05:58 PM
All anyone is saying is that this is a good opportunity to understand why we failed.

We can all opine about politics and money but we don't know for sure and we'll never know if we don't have some sort of independent and trustworthy evaluation.

And I'd say that regardless of the party in power. We all want improvement but we first have to figure out what that even means.
Agreed but unfortunately given the political climate in Oklahoma I don’t think this will be chalked up to anything close to a meaningful discussion.

ChrisHayes
07-13-2022, 06:02 PM
I think we won out here, I am glad our tax dollars are not wrapped up in one company... I would rather see OK spend those package dollars on education reform, criminal justice reform, mental health reform, etc. If we diverted all of those "bring business to OK" (for lack of a better term) dollars towards our own infrastructure, then I guarantee we would see an influx of businesses.

I say the same thing for the national level. If we were divert just half of the US defense budget to infrastructure and education, then we easily might solve a lot of the issues we have, which in turn positions us better in the world where we might not have to spend those defense dollars!

How much money would Panasonic and it's spin off companies brought in over the years and decades? This is something that aggravates me. Everyone see $X and they can't grasp that that there would be money being brought in for years or decades to come. Bernie Sanders went on the senate floor today crying about giving chip manufacturers 50 billion to invest in the US. Nevermind the fact that we're paying, literally and figuratively, for not having much of a chip manufacturing presence in the US, and the fact that these companies would bring billions of economic development to the US. The shortsightedness is mind boggling to me.

ChrisHayes
07-13-2022, 06:05 PM
In all honesty, I was thinking it would probably go to Kansas. Simply because our incentive package was smaller than what Kansas was offering. A big L for the state because of short sighted politicians.

Jake
07-13-2022, 06:16 PM
Kansas, Oklahoma, and Texas may all be similar politically but one has consistently lagged behind in education at all levels and that directly impacts the labor force and influences the type of companies that are willing to move/relocate there.

Dob Hooligan
07-13-2022, 06:22 PM
Because I am old, I have to mention that the GM plant was going to put us in the auto manufacturing industry big time when it opened around 1979. And tax issue or not, they left after 25 years. The upside, IMO, is that Tinker wound up with the facility and the largest employer in Oklahoma was enhanced by the transaction.

Oklahoma City wound up in second place to Indianapolis when we tried to get the American Airlines maintenance facility in 1993-ish. The facility was ultimately not built out at anywhere near the scale promised, and Oklahoma City was motivated to become the MAPS capitol of the world.

BG918
07-13-2022, 08:09 PM
Because I am old, I have to mention that the GM plant was going to put us in the auto manufacturing industry big time when it opened around 1979. And tax issue or not, they left after 25 years. The upside, IMO, is that Tinker wound up with the facility and the largest employer in Oklahoma was enhanced by the transaction.

Oklahoma City wound up in second place to Indianapolis when we tried to get the American Airlines maintenance facility in 1993-ish. The facility was ultimately not built out at anywhere near the scale promised, and Oklahoma City was motivated to become the MAPS capitol of the world.

It was United Airlines and absolutely was a driver behind the original MAPS.

Don’t get mad get better

PoliSciGuy
07-13-2022, 08:19 PM
Hard to get too mad on missing out on something that could be the next FoxConn or Solyndra or any other publicly white elephant. Take those funds and invest in infrastructure and education, especially in the metros, and draw businesses in by being a competitive and modern market, not with bags of taxpayer money.

TU 'cane
07-13-2022, 09:26 PM
All anyone is saying is that this is a good opportunity to understand why we failed.

We can all opine about politics and money but we don't know for sure and we'll never know if we don't have some sort of independent and trustworthy evaluation.

And I'd say that regardless of the party in power. We all want improvement but we first have to figure out what that even means.

We agree on these points.


Kansas, Oklahoma and Texas are closely aligned in state politics. We are no more embarrassing than the others.

Small town people in Carnegie are the same as small town people in Texas, Wyoming or Ohio. Work; fornicate; intoxicate; go to the diner; be suspicious of outsiders.

These are very true points.


How much money would Panasonic and it's spin off companies brought in over the years and decades? This is something that aggravates me. Everyone see $X and they can't grasp that that there would be money being brought in for years or decades to come. Bernie Sanders went on the senate floor today crying about giving chip manufacturers 50 billion to invest in the US. Nevermind the fact that we're paying, literally and figuratively, for not having much of a chip manufacturing presence in the US, and the fact that these companies would bring billions of economic development to the US. The shortsightedness is mind boggling to me.

Definitely good points to consider but we don't have a crystal ball. Does anyone know where we can find all of the details from both packages? I'd like to compare the financials, guarantees, etc. vs. what Panasonic was projecting to bring in locally over the next 20 or so years.

progressiveboy
07-13-2022, 09:33 PM
I think this will be somewhat of a psychological blow for Oklahoma as their ego has been bruised! It will be interesting how Oklahoma proceeds forward, and if it will continue the status quo or begin to realize that if the State is going to compete long term, then it will need to change modes into the 21st century. That includes putting value on education, improve it's business climate and vote for the best interest of the State.

chssooner
07-13-2022, 11:50 PM
Texas education is not great, even if they throw a ton of money at it. That latter part is important. They have a lot of money. Kansas gave 40% than Oklahoma could.

ABryant
07-14-2022, 01:49 AM
We can invest all this cash. As a state we refuse to invest cash. My lowly opinion is spend this. Spend more to educate our populace. I mean large amounts of scholarships.

Laramie
07-14-2022, 06:35 AM
Oklahoma's emphasis needs to be on Education--long-term plans, can we stay focused.

Why are places like Austin (UT) Tesla and now a Samsung $17 billion chip plant planned for '24; Dallas (North Texas State, UT Arlington, SMU-TCU) and Kansas City, MO (Kansas, Kansas State) luring the jobs away from Oklahoma. Higher Education is one among many of the pieces to this puzzle.

This isn't something you can fix overnight. It all stems back to 'Quality of Life and Money.' Our two largest metros have moved in that direction since MAPS and VISION 2025. State and city leaders have got work in tandem to take advantage of OKC-TUL combo potential. Also another snall piece--it would have helped if Stitt had worked with the tribes, the damaged relationship he did to the tribes is irreparable.

We are not going to get the big billion $ 'high tech cyber' companies. Again, Oklahoma focus needs to be more pro-active in education especially at state colleges & universities level.

While we figure it out--the window of opportunity continue to close.

April in the Plaza
07-14-2022, 08:40 AM
How much money would Panasonic and it's spin off companies brought in over the years and decades? This is something that aggravates me. Everyone see $X and they can't grasp that that there would be money being brought in for years or decades to come. Bernie Sanders went on the senate floor today crying about giving chip manufacturers 50 billion to invest in the US. Nevermind the fact that we're paying, literally and figuratively, for not having much of a chip manufacturing presence in the US, and the fact that these companies would bring billions of economic development to the US. The shortsightedness is mind boggling to me.

I'm usually against most corporate subsidies, but the United States is going to be royally screwed if China invades Taiwan and cuts off our access to TSMC's semiconductors (used in all kinds of tech, smart phones, military hardware, etc.). If it costs $50B+ to secure a meaningful supply of domestic semiconductors, we should do it. But Congress is going to Congress I suppose.

David
07-14-2022, 10:20 AM
50 billion on a national level is great investment for jumpstarting domestic semiconductor production, and it'll be a serious shame if that legislation does not pass.

Pete
07-14-2022, 10:27 AM
Semiconductors are vital to almost every product and business these days.

We're seen the strong effect of constrained production over the last couple of years, and it's beyond the control of the U.S. as we produce only about 12% of the global market, down from 37% just 20 years ago.

John1744
07-14-2022, 02:28 PM
Companies like this are rare and we should be doing nearly anything to get them. My buddy lives in Pryor and what Google has done for that area is amazing. They’re investing in the schools more than ever because Google needs/wants smart talented well paid people even if it’s just for a data center. Which as these people make more money they want higher end stores and businesses eventually and the whole area continues to develop. We need more of that.

Pete
07-14-2022, 02:38 PM
Here is the press release from Panasonic.

Note they specifically mentioned the skilled Kansas workforce (although I realize they are not going to come out and say they wanted more money).

HTTP://www.okctalk.com/images/pete/panasonic071422a.jpg

gopokes88
07-14-2022, 03:06 PM
Do you remember seeing what Elon Musk wrote (which was later leaked) about meeting with Oklahoma reps?

He basically said he was just paying them a courtesy. And of course the subtext was that it was an opportunity to use OK as leverage which is exactly what he did.

For all we know, we were never in serious contention for this facility either.

We weren’t.

But Musk was legitimately impressed too. Said so at the site meeting. You aren’t getting it, but we are very very impressed.

OKC1987
07-14-2022, 03:12 PM
It looks like the final incentive package from the state of Kansas was about $829 million. (There may also be additional local incentives)

This is a great article that goes pretty in-depth regarding the entire process for landing the deal.

https://kansasreflector.com/2022/07/13/kansas-wins-panasonic-competition-for-worlds-largest-vehicle-battery-manufacturing-plant/

A few quotes from the article:

“Panasonic’s rejection of Kansas’ first offer for the plant inspired the Kelly administration and the Kansas Legislature to piece together a unique portfolio of incentives labeled APEX, or Attracting Powerful Economic Expansion. It gave the state flexibility to dangle a maximum of $1.3 billion in tax and other financial incentives to major employers thinking of locating in Kansas.

Negotiations with Panasonic resulted in an $829.2 million state government incentive package featuring investment tax credits, payroll rebates, training and education aid, relocation funding, and construction sales tax exemptions. Those details were formally approved Wednesday by the State Finance Council after a closed-door briefing involving legislative leaders and the governor.”

“The project was made possible through APEX legislation that led to an agreement under which Kansas pays Panasonic a 12.5% investment tax credit on expenditures for the building and equipment. That means Panasonic will receive $500 million over five years in state tax credits. The length of payment period for that credit was a point of negotiation between Panasonic and the state Department of Commerce.

Another piece of APEX enabled Kansas to offer Panasonic $234 million in payroll rebates — a groundbreaking incentive tool in Kansas. Under this concept, Kansas pays Panasonic 10% of the company’s total payroll in Kansas for five years. This is a more aggressive instrument than the state’s existing PEAK incentive, which rebates state withholding taxes to economic development projects.”

I thought this incentive was particularly interesting:

“The company is in line for the state’s standard sales tax exemption, which could amount to $60.2 million. The state pledged $25 million for workforce education and training programs and $10 million to support relocation of workers to Kansas. The workforce training money would be available for five years, while the relocation fund is a new feature of Kansas’ economic development portfolio. Both are needed because the Kansas City metropolitan area doesn’t include enough people to fulfill Panasonic’s labor demands.”


The Kansas City Star article also cites $829 million as the final amount from the state (the article also mentions an “expected” local property-tax incentive from De Soto).
https://www.kansascity.com/news/politics-government/article263445783.html

Pete
07-14-2022, 03:16 PM
Re-reading that Panasonic release, this struck me:


“We appreciate Kansas’s dedication to sustainability and its commitment to and growth in the clean and renewable energy space.”

Could it be that Oklahoma is so tied up in fossil fuels that companies built around renewal energy question the state's ongoing commitment to their industry?

Just something to think about.

gopokes88
07-14-2022, 03:21 PM
Then why weren't we in on this sooner?

It's a failure and we need to learn from it otherwise as a state we'll continue missing out.

Because they called Kansas first.

These deals come down to hilariously small things that are often out of the states control.

The GE oil and gas center, which was a massive win but the oil market didn’t cooperate. It came down to a GE official was in the same suite as some Okc O&G CEOs at OU’s bowl game. We were called first, Texas was brought in late for leverage and we landed it.

Pete
07-14-2022, 03:40 PM
Because they called Kansas first.

Begs another question: Why?


This sounds more and more like the Tesla thing where we make a very late play to try and win even after it's pretty clear they preferred another neighboring state.


Is this what our economic development efforts amount to? Trying to horn in on deals already destined for bordering states... Being used as a bargaining chip and never landing the deal and probably not having a legitimate shot?

Thomas Vu
07-15-2022, 12:23 AM
Putting stock into anything Elon says, another risky venture.

dcsooner
07-15-2022, 05:59 AM
Because they called Kansas first.

These deals come down to hilariously small things that are often out of the states control.

The GE oil and gas center, which was a massive win but the oil market didn’t cooperate. It came down to a GE official was in the same suite as some Okc O&G CEOs at OU’s bowl game. We were called first, Texas was brought in late for leverage and we landed it.

Ever notice that almost everything Oklahoma "wins" never pans out long term? Auto, Printing, GE etc?

Dob Hooligan
07-15-2022, 11:26 AM
I think we need to take that Panasonic money and jump into semiconductors. We have land, water and money. Let's get in front on this national imperative

gopokes88
07-15-2022, 11:38 AM
Begs another question: Why?


This sounds more and more like the Tesla thing where we make a very late play to try and win even after it's pretty clear they preferred another neighboring state.


Is this what our economic development efforts amount to? Trying to horn in on deals already destined for bordering states... Being used as a bargaining chip and never landing the deal and probably not having a legitimate shot?

I have a friend who works in this type of business. There's an entire career path dedicated to pairing companies to tax incentives for large scale operations.
Every single one comes down to something quirky that's often out of the control of the state legislature.

Ohio had a huge leg up to get the new $20B semiconductor facility because

"OHIO’s connection to Intel began in the company’s inception with the early collaboration of alumnus Hua-Thye “HT” Chua, BSEE ’59, and Intel’s cofounder Robert Noyce. Chua applied for and received the patent for Intel’s first commercial product, the i3101 64-bit RAM chip using the Schottky diode. He also co-authored a paper with Noyce about the impact of the Schottky diode on the science of integrated circuits; the technology outlined in the paper is still being used in the semiconductor industry today."
https://www.ohio.edu/news/2022/03/ohio-university-and-intel-past-present-and-future

Getting this stuff is insanely competitive and comes down to inches.

gopokes88
07-15-2022, 11:39 AM
I think we need to take that Panasonic money and jump into semiconductors. We have land, water and money. Let's get in front on this national imperative

Intel is pretty much tapped out by now, so this isn't going to happen at any sort of scale.

Pete
07-15-2022, 11:45 AM
Getting this stuff is insanely competitive and comes down to inches.

This is why I keep saying that we need to have some sort of independent group provide the public with a study concerning why we are losing out and what we need to change.

Then, we can decide on a future course because what we have been doing is not working.


There is always a great opportunity to learn after a failure. I'm suggesting we seize that opportunity rather than just go along with the political spin and Chamber sunshine-pumping.

gopokes88
07-15-2022, 11:49 AM
This is why I keep saying that we need to have some sort of independent group provide the public with a study concerning why we are losing out and what we need to change.

Then, we can decide on a future course because what we have been doing is not working.


There is always a great opportunity to learn after a failure. I'm suggesting we seize that opportunity rather than just go along with the political spin and Chamber sunshine-pumping.

I wouldn't be opposed to that at all, but it's not going to be as simple as "Oklahoma should increase education funding by 10%". It will have 50 different reasons, 47 of which the state govt can't do much about.

Pete
07-15-2022, 11:50 AM
I wouldn't be opposed to that at all, but it's not going to be as simple as "Oklahoma should increase education funding by 10%". It will have 50 different reasons, 47 of which the state govt can't do much about.

I never said education was the primary issue.

The simple truth is that none of us know why we are not competitive. We need to find out and then make decisions accordingly.

gopokes88
07-15-2022, 11:53 AM
I never said education was the primary issue.

The simple truth is that none of us know why we are not competitive. We need to find out and then make decisions accordingly.

Sometimes thing just don't work out and there isn't a "change" that can be made. Steady as she goes is boring, and usually the right decision. You can only maneuver a cruise ship so much.

Pete
07-15-2022, 11:57 AM
Sometimes thing just don't work out and there isn't a "change" that can be made. Steady as she goes is boring, and usually the right decision. You can only maneuver a cruise ship so much.

No disrespect, but you have no idea about any of this.

Voters deserve to know the facts and have a qualified, unbiased analysis of what we need to change to improve our track record.

All we're getting now is the typical political spin and lots of uninformed opinions.

gopokes88
07-15-2022, 12:02 PM
No disrespect, but you have no idea about any of this.

Voters deserve to know the facts and have a qualified, unbiased analysis of what we need to change to improve our track record.

All we're getting now is the typical political spin and lots of uninformed opinions.

No disrespect but half this country is obsessed with changing everything all the time, and its typically better to garden.

Pete
07-15-2022, 12:06 PM
No disrespect but half this country is obsessed with changing everything all the time, and its typically better to garden.

I guess we'll just spend another decade failing without even bothering to find out why.

Sounds like a great plan.

I guess we never should have started MAPS after the big failure with United Airlines. Would have been better to keep languishing like we did in the '90s.

TheTravellers
07-15-2022, 12:17 PM
https://tulsaworld.com/news/local/state-laws-on-abortion-transgender-issues-have-companies-balking-on-coming-to-oklahoma-development-official/article_a2e516de-039f-11ed-b3a8-a7c7ba3a8b66.html

https://www.cnbc.com/2022/07/13/americas-top-states-for-business-2022-the-full-rankings.html (we're #38)

And incidentally, might as well mention this - https://www.cnbc.com/2022/07/14/these-10-states-are-americas-worst-places-to-live-in-2022.html