Economic Development in Blackwell, Oklahoma

A Great Place to Do Business

Blackwell, OK is located immediately adjacent to the NAFTA trade corridor and Interstate 35 in Northern Oklahoma. With a lower cost of business than East or West Coast U.S. states and excellent state and local incentives, Blackwell, OK is an ideal location to expand, relocate or start a business.

Centralized Location

Blackwell is located in the middle of the United States primary shipping corridors. Immediately adjacent to Interstate 35 and with direct access to Oklahoma City, Tulsa, Dallas, Wichita and Kansas City, a Blackwell, Oklahoma’s location simply makes sense when deciding where to locate a warehouse/distribution or time-sensitive manufacturing business.

In addition to over-the-road service, Blackwell is also connected to BNSF and Union Pacific rail via local short-line rail service provided by the Blackwell Northern Gateway Railroad. This line, available on-site at the Blackwell Industrial Park, connects Blackwell to domestic and international markets including those available through the Tulsa Port of Catoosa, one of the nation’s most in-land waterway system ports. For more information about the Blackwell Northern Gateway Railroad, visit the BNG website at http://www.blackwellrr.com.

State and Local Incentives

Working in coordination with the Oklahoma Department of Commerce, Blackwell companies are able to access numerous state and federal incentive programs including the Oklahoma Quality Jobs Program, New Jobs/Investment Tax Credits, Freeport Inventory Tax incentives and the Federal Indian Lands Tax Credit Program. Other state programs available to some companies locating in Blackwell include the Oklahoma CareerTech Training for Industry Program, and Oklahoma Enterprise Zone incentives.

Locally, the Blackwell Industrial Authority is able to offer incentives including graduated rents on BIA owned property, negotiated land purchase prices and BIA controlled bond capacity for large development projects. For inquiries regarding state or local incentives please contact the BIA office at (580) 363-2934.

Cost of Doing Business

In addition to offering a tremendous logistical advantages and state and local incentives, Blackwell, OK also offers companies locating or expanding within the region a very low cost of doing business.

On average, as measured by the closest Micropolitan Statistical Area to Blackwell (Ponca City, OK) the cost of living in Blackwell is approximately 10% lower than the average United States community (90.4%, July 2011). In addition to a low cost of living, Blackwell is also able to take advantage of competitive state personal and corporate income tax structures with a flat corporate income tax rate of 6.0% and a personal income tax rate for income over $8,700 of 5.5%.