Oklahoma Factoring
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Oklahoma is a state
located in the south-central region of the United States. Its
nickname is the "Sooner State", and is part of a region commonly
known as the American "Heartland." Oklahoma City is the state's
capital and largest city. The Congressional Quarterly and Census
report places Oklahoma in the Southern United States.
Oklahoma became the 46th state in the Union on November 16, 1907.
The state's name comes from the Choctaw words okla meaning people
and homma meaning red, literally meaning "red people"[3] and was
chosen by Allen Wright, Principal Chief of the Choctaw Nation during
the 1866 treaty negotiations.[4][5] Oklahoma was almost named
Sequoyah in honor of Sequoyah, the Cherokee who created the Cherokee
syllabary, which gave the Cherokees a way to write and read their
own language.
It is a state with a colorful history, including as a frontier
state, as the destination of recently freed slaves looking for
opportunity and equality, and as the heart of the oil boom in the
early 20th century.
The state's early history is dominated by the Trail of Tears, the
forced removal of the Five Civilized Tribes from the southeastern
United States to then Indian Territory. The western and native
American heritage of the state is a large part of its cultural
identity; for example, Tulsa is the home to the largest, most
comprehensive collection of American Western art and artifacts in
the world, housed in the Gilcrease Museum.
Today, Oklahoma contains more native American tribal headquarters
than any other state, as well as the nation's second largest
American Indian population.
Economy
Oklahoma is a major fuel and food-producing state; thousands of oil
and natural gas wells dot the Oklahoma landscape, and the state is
among the highest food producing states in the nation. Its main
agricultural outputs are soy, wheat, cattle, dairy, poultry, and
cotton. Oklahoma ranks fourth in the nation in the production of all
wheat, fourth in cattle and calf production; fifth in the production
of pecans; sixth in peanuts and eighth in peaches. Its industrial
outputs are transportation equipment, machinery, electric products,
rubber and plastic products, and food processing. Its 1999 total
gross state product was $86 billion, placing it 29th in the nation.
The state's 2000 per capita personal income was $23,517, 43rd in the
nation. However, Oklahoma's cost of living index also among the
lowest in the nation.[11] Oklahoma City suburb Nichols Hills is
ranked first on Oklahoma locations by per capita income at $73,661.
Dam forming Broken Bow Lake.Oklahoma City is one of the primary
economic engines of the state, centered on the finance, retail,
governance, entertainment, and tourism sectors. The city has
numerous manufacturing and processing plants as well as a growing
biotech research and health center. Oklahoma City has a large
aviation market and its location at the intersection of I-35, I-40,
and I-44 makes Oklahoma City an important distribution point.
Oklahoma City is home to many corporate and regional headquarters
including Devon Energy, Chesapeake Energy, Sonic Drive-In, AT&T, The
Hertz Corporation, BancFirst, OGE Energy, Midfirst Bank, Hobby
Lobby, Dobson Communications, Express Personnel Services, Oklahoma
Publishing Company, Spectro Wire & Cable, Inc., Rainbo
Manufacturing, Globe Life and Accident Insurance, Pre-Paid Legal
Services, Inc., and Big Daddy's BBQ Sauce.
Tulsa is another primary economic engine of the state, centered on
energy, aerospace, telecommunications, and transportation. The city
has the nation's most inland sea port and Oklahoma's only connection
to the ocean, the Tulsa Port of Catoosa, which connects the state
with international ocean trade routes through the Arkansas River and
Mississippi River. Despite an oil bust that plagued the entire state
in the 1980s, Tulsa is still among the top cities in the nation for
the number of oil and energy related company headquarters. Tulsa is
also home to an extensive aviation market, exemplified by its
American Airlines maintenance center, the largest airline
maintenance base in the world.
Recently, Forbes magazine rated Tulsa as second in the nation in
job income growth, and one of the best 50 cities to do business in
the country.[12]
Companies based in Tulsa include The NORDAM Group, BOK Financial
Corporation (BOKF), Bank of Oklahoma, Williams Companies, Oneok,
Wiltel, QuikTrip, Public Service of Oklahoma, Mazzio's Corporation,
RibCrib, SemGroup, Dollar-Thrifty, Hilti USA, and Vanguard.
Both of Oklahoma's major metropolitan areas, Oklahoma City and
Tulsa, are engaged in large-scale economic development and tourism
initiatives.
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Notable Okie's
Will Rogers
Ron Howard
Paul Harvey
Reba McEntire
Mickey Mantle
Dale Robertson
Garth Brooks
Woody Guthrie
Jim Thorpe
Dan Rowan
Tony Randall
Bill Moyers
Ben Johnson
Oral Roberts
Brad Pitt
John Berryman
Joel Clark