TULSA, Okla. (AP) -- Tulsa energy companies T.D. Williamson and Cooler Service will add a total of 329 local jobs over the next three to five years, the Oklahoma Department of Commerce announced.
Both companies will receive incentives under the Oklahoma Quality Jobs Program, which will pay each company up to 5 percent of new taxable payroll for up to 10 years.
Cooler Service, which is adding 210 jobs, could receive up to $3.8 million under the program.
T.D. Williamson, a manufacturer and supplier of pipeline equipment and services, is adding 119 jobs over five years in Tulsa. The benefit for that company could be as high as $4 million.
Cooler Service builds air-cooled heat exchangers for the oil and gas industry. Business is booming, said company Vice President Kim Hendrix.
"My partner and I bought the company three years ago and turned it around," Hendrix said Thursday. "We went from 12 shop employees three years ago to 150 today. We see that growth continuing over the next several years."
Cooler Service now employs 174 people in Tulsa.
Increasing demand for oil and gas and higher prices have led companies to upgrade their processing facilities. Demand for Cooler Service's products is therefore rising.
"The market looks really good for a while," Hendrix said.
The company will primarily be hiring welders and assemblymen. The pay will range from $11 to $20 an hour, Hendrix said.
The growth at T.D. Williamson, established in 1920 in Tulsa, also is tied to increased activity in the oil and gas sector.
The company provides equipment and services worldwide. Growing global demand for its services is leading to more jobs in Tulsa, said T.D. Williamson President Bruce Binkley.