EconomyEnergyOKC

Fallin Taps Closing Fund To Bring $110M GE Investment

Oklahoma governor taps ‘closing fund’ to lure GE

Oklahoma Gov. Mary Fallin, for the first time, used $3 million from a special “closing fund” to strike a deal with General Electric Co.

Published: April 3, 2013

For the first time, Gov. Mary Fallin is using money from a special “closing fund” to sway a company’s decision to bring jobs to Oklahoma.

Fallin said Wednesday the fund helped close a deal with General Electric to bring a global research center to Oklahoma, focusing on technological advancements for the oil and natural gas industry.

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