Oklahoma City is set to experience significant economic growth as the Oklahoma City Economic Development Trust approved a $600,000 incentive package aimed at supporting the expansion of ARL Ballet Farmer, a local biotech firm. This initiative is projected to create 433 new jobs over the next five to seven years, with an average annual wage starting at $67,009 and potentially rising to $76,444 by the fifth year.

During the meeting on September 23, 2025, representatives from ARL Ballet Farmer highlighted their commitment to enhancing the local economy by providing high-quality laboratory services to the pharmaceutical industry. Currently headquartered in the OU Research Park, the company employs over 450 individuals and generates 95% of its revenue from clients outside Oklahoma, primarily from the East and West Coasts.

The expansion will not only increase job opportunities in science, technology, engineering, and mathematics (STEM) fields but also introduce new services, including bioanalytical testing and protein characterization, which are critical for the growing biologics market. The company aims to diversify its offerings and improve its service capabilities, which will further solidify its position in the industry.

Vince Bobbins, the Chief Operating Officer of ARL Ballet Farmer, emphasized the importance of staying in Oklahoma City for their growth strategy, citing the synergy with local management and support from the community. The planned facilities will include both new builds and retrofitted spaces to accommodate the anticipated growth.

This development aligns with Oklahoma City's ongoing efforts to foster economic growth through initiatives like the MAPS program, which aims to enhance the city's infrastructure and business landscape. The approval of this incentive package marks a significant step towards bolstering the local economy and creating a robust job market in the biotech and pharmaceutical sectors. As ARL Ballet Farmer moves forward with its expansion, the community can look forward to the positive impacts on employment and economic vitality in the region.