Lawton sees payoff from economic development corporation
LAWTON, Okla. – Several years ago the Lawton Fort Sill Chamber of Commerce started talking about how it could improve economic development efforts, the Journal Record reports.
The discussions resulted in restructuring the Lawton Industrial Foundation, the chamber’s economic development arm, in early 2012. It became the Lawton-Fort Sill Economic Development Corp. and hired Barry Albrecht, an economic development veteran from Arizona, as president and CEO.
“The new economic investment group was formed to bring in new jobs and investments,” Albrecht said. And they are:
- In May, Serco Inc., headquartered in Rest, Virginia, announced a Lawton expansion adding 200 new jobs there. Serco provides technology and management services for the federal government. With these new positions, Serco will employ approximately 1,600 in Lawton.
- Also in May, defense contractor Raytheon announced an international training center in Lawton, focusing on the Patriot missile. The venture could add 110 new jobs to Raytheon’s current 40 in the community.
- Retail growth includes Target, Bed Bath and Beyond, Dick’s Sporting Goods and Carmike Cinemas 13-screen operation, including an IMAX auditorium.
- Apache Casino is adding a new convention center and 132-room hotel.
Read more from The Journal Record by David Page. Photo courtesy of The Journal Record.