Area Development
Borets-Weatherford, a provider of Electric Submersible Pump (ESP) systems for the oil and gas sectors, has selected Tulsa, Oklahoma, for its North American headquarters. Its facility will include an administrative headquarters, distribution center, and some manufacturing.

"We are truly excited about establishing a state-of-the-art facility in Tulsa, which offers us a readily available professional workforce and excellent university and technology center educational programs," said Raymond Standridge, vice president of North American operations for Borets-Weatherford. "Additionally, the Oklahoma Quality Jobs Program incentive made it very attractive to establish and expand a Borets operation in Tulsa."

The company expects to create up to 125 jobs in the next three years. Borets-Weatherford participates in the Oklahoma Quality Jobs Program. It is a subsidiary of the Russian company Borets.