Six area companies are adding jobs or plan to expand their workforce in 2016, resulting in nearly 300 new positions, the Tulsa Regional Chamber announced Wednesday.
The companies represented at the news conference were Atalaya Resources, Janeway Machine, M&M Manufacturing, The Persimmon Group, Melton Truck Lines and Verinovum LLC.
The companies represent industries that the Tulsa Chamber targets for their growth potential, including energy; aerospace and aviation; health care; transportation and logistics; advanced manufacturing; information technology; and professional services.
“What we’re talking about here is celebrating the diversity, the diversity within our economy,” Mayor Dewey Bartlett said during the ceremony’s opening remarks.
The low price of crude oil and natural gas means that some companies are currently struggling, he said. However, the varied industries that have been built up in Tulsa help insulate the local economy in ways that it hasn’t been during other energy downturns.
“For us to have such a great opportunity to celebrate the diversity is a real red-letter day, as they say,” Bartlett said.
The new jobs announced will have a combined economic impact of $225 million, according to chamber economist Bob Ball.
Tonya Janeway, president of Janeway Machine, said that during 2016, the Sapulpa-based CNC machine and manufacturing company plans to add 15 to 18 jobs to its current workforce of 32.
The new positions are being generated by three new contracts with companies out of New York and California, Janeway said.
Janeway Machine builds aerospace structures, including wing and seat components.
The manufacturer is AS9100 certified and has its tier one approval from Boeing, its tier one approval from Lockheed Martin and is one audit away from earning its tier one approval from Gulfstream, Janeway said.
“We have some great things coming to Sapulpa, Oklahoma, and we’re excited to be part of the Tulsa Regional Chamber,” Janeway said.
Robert Ragan, chief financial officer of Melton Truck Lines, also spoke at the event.
When Melton relocated from Arkansas to Tulsa in 1991, the flatbed trucking company had 200 trucks, Ragan said. Today Melton has 1,200 trucks, 1,500 employees and generates more than $250 million in annual revenue.
During the past year Melton has added 70 trucks — which means the same number of driver jobs were added, as well as support staff. Ragan said the company plans to make comparable expansions during 2016.
Diversity isn’t just important for the regional economy, he said, adding that Melton focuses on moving materials for a variety of industries to help insulate it from any downturns.
“I think it’s also important to have diversity within your own business,” Ragan said.
Casey Smith 918-732-8106