VMI hosted a tour Thursday, August 11, 2022 for the Oklahoma Department of Commerce, Oklahoma Finance Authority, Central Technology Center, Cushing Economic Development Foundation, and Senator Tom Dugger. VMI, Inc. was awarded a grant toward the acquisition of property near its existing facility to relocate its sand blasting operations. The Cushing Industrial Authority and the Cushing Economic Development Foundation worked to facilitate the acquisition of land to help VMI expand their operations. VMI was a recipient of grant funds from the Oklahoma Innovation Expansion Program (OIEP). “Manufacturing requires constant innovation to stay ahead of global competition and with the assistance of the OIEP funding we will be one step ahead in improving our operations. We are proud of Oklahoma and want to represent the state and our community around the globe the best we can. Thank you to the Oklahoma Department of Commerce for your trust to invest in us and others to continue to bring great things to Oklahoma,” Cash Maitlen, VMI, Inc. President.
“Manufacturing requires constant innovation to stay ahead of global competition and with the assistance of the OIEP funding we will be one step ahead in improving our operations. We are proud of Oklahoma and want to represent the state and our community around the globe the best we can. Thank you to the Oklahoma Department of Commerce for your trust to invest in us and others to continue to bring great things to Oklahoma,”
Cash Maitlen, VMI President
OIEP utilizes funds set aside by the Oklahoma Economic Development Pooled Finance Act (62 OS 891.1 et seq). Participating businesses are required to provide quarterly reports verifying employment levels and expenditures, as well as submit verification of purchase and installation of machinery and equipment. The full list of OIEP recipients can be found on the Commerce website at www.okcommerce.gov/OIEP.
