This is very good news, indeed.

Terex to upgrade Oklahoma City operations | News OK

Equipment manufacturer Terex Corp. plans to invest about $40 million to upgrade its Oklahoma City facility after selling several product lines that had been built here.

The company will add new machinery and other equipment at its local manufacturing plant, where it could add as many as 1,500 new jobs by 2017. Officials said the project fits with Terex's efforts to make its manufacturing operations more efficient.