Merger and Acquisitions
  • Locating qualified leads for acquisition.  
  • Providing a market approach that saves
    you time and money.
  • Applying 25 years of experience in
    recognizing market possibilities.
  • Free posting of jobs.
  • Free posting of equipment.
  • Free posting of niche parts and services
Norris S Streetman,
Managing Broker
  • Streetman Realty ,
    since 1985,  
  • Broker-Associate
    in 1986.
  • International
    Network of
    Business Brokers
    in  1999   
  • Network  includes
    Manufacturers and
    Fabrication Plants
    in Oklahoma.
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918-665-6551
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completed acquisition which includes all
marketing costs. The fee will apply unless
otherwise stated in the confidential
agreement or the commission agreement.
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    Since 1985 Norris S. Streetman has a
    proven track record of assisting others
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NEWS FLASH - Oklahoma manufacturing jobs fell 4.5% during past year

Industrial employment in Oklahoma fell 4.5 percent over the past 12 months
according to the 2010 Oklahoma Manufacturers Register, an industrial directory
published annually by Manufacturers' News Inc. MNI reports Oklahoma lost
9,650 industrial jobs and 74 manufacturers between July 2008 and July 2009,
the sharpest decline MNI has ever reported in the seventeen years it has been
tracking the state's industry.


Manufacturers' News reports Oklahoma is now home to 6,063 manufacturers
employing 204,545 workers.


"As with the entire nation, the recession continues to affect Oklahoma's
industrial sectors, with sectors related to the housing market taking the biggest
hit," says Tom Dubin, president of the Evanston, Ill.-based publishing company,
which has been surveying industry since 1912. "However, the state's strong
exports and investments in green technology should help lay the groundwork for
recovery."


Sectors related to housing and construction saw some of the worst drops in
employment with jobs in furniture/fixtures down 28 percent and lumber/wood
down 11.8 percent.


Oklahoma's largest sectors fared better over the year with employment in
industrial machinery and equipment steady since July 2008, currently the state's
top sector at 34,571 jobs. Fabricated metal products account for 24,610 jobs,
down 1.2 percent, while third-ranked food products manufacturing accounts for
21,599 jobs, down 1.7 percent over the past 12 months.


All other industrial sectors in Oklahoma lost jobs within the past year and
included textiles/apparel manufacturing, down 13.8 percent; transportation
equipment, down 13.3 percent; instruments and related products, down 13.2
percent; primary metals, down 13.2 percent; chemicals, down 4.9 percent;
stone/clay/glass, down 4.8 percent; printing/publishing, down 4.2 percent; and
electronics, down 2.4 percent.


Companies shutting down include Tyson Foods, which closed its Ponca City
processed meat facility in March, aerospace parts manufacturer Labinal Inc.,
which closed in October, and cabinetmaker Penloyd, which shuttered its Tulsa
facility in January.


Bright spots for the state include the expansion of Spirit Aerosystems in Tulsa,
the opening of a Tiger Truck assembly plant in Poteau, which will assemble
trucks for Chinese auto manufacturer ChangAn Automobile, and the opening of
a Umicore facility that will manufacture parts for solar panels.


Manufacturers' News reports Southeast Oklahoma saw the largest drop in
employment, down 7.9 percent over the year with the region, currently accounting
for 19,627 jobs. Manufacturing employment declined 7 percent in Northeast
Oklahoma, with the region currently home to 95,867 jobs or 47 percent of the
state. Southwest Oklahoma suffered a 1.7 percent drop and is currently home to
24,950 jobs, while employment remained steady in Northwest Oklahoma with
the region currently home to 63,561 jobs.


MNI's city data shows Tulsa is Oklahoma's top city for manufacturing
employment, home to 47,817 jobs, down 2.3 percent over the year.
Second-ranked Oklahoma City accounts for 41,805 jobs, with employment down
1.8 percent. Broken Arrow is home to 5,894 industrial jobs, down 4.5 percent
over the year, while Ponca City accounts for 4,477 jobs, down 15 percent.
Muskogee is home to 3,490, down 2.6 percent over the past 12 months.

    NEWS FLASH - Oklahoma manufacturing jobs fell 4.5% during past year (see below)