Florida car rental company moving headquarters to Tulsa
Friday, January 30th 2004, 12:00 am
News On 6
The world's third largest rental car company is moving its corporate headquarters from Florida to Tulsa.
Vanguard Car Rental has already leased space at the MCI building in the Cherokee Industrial Park. Eventually it will employ 700 people.
Governor Brad Henry: "When we get to make these kinds of announcements, it turns heads nationally. Business people, CEO's, industry leaders around this country begin to look toward Oklahoma. They realize we're one of the most business friendly, pro-business states in the nation."
Tulsa Mayor Bill LaFortune: "Small businesses benefit. The city benefits. Because we rely for police and fire on sales tax revenue. If people have high paying jobs, the spending money. Everyone benefits and you have a strong economy."
Employees will begin relocating the next couple of months. New employees will be hired this summer. The company will have an annual payroll of $38-million a year.
Vanguard's CEO says incentives available through the state's quality jobs program make the move attractive, along with Oklahoma's work ethic. State and local officials are thrilled with the news.