An automotive supplier that last year moved into the Tulsa Port of Catoosa has bumped from 80 to 206 its jobs projection over three years.
Lyseon North America, Inc. was awarded up to $7,049,713 over 10 years through the Oklahoma Quality Jobs incentive program, according to a May 3 letter to the company from Brent Kisling, executive director from the Oklahoma Department of Commerce.
This program provides quarterly cash payments up to 5% of new payrolls for up to 10 years. Companies must achieve an average wage threshold and $2.5 million in new annual payrolls within three years and maintain those jobs over a decade to qualify.