7.12.06 Gov. Henry welcomes MG Motors to Oklahoma

Oklahoma City – Gov. Brad Henry joined business leaders today to announce the location of MG Motors North America/Europe in Oklahoma.

The new company is reviving the British MG brand and will be headquartered in Oklahoma City. Assembly and distribution operations will be located in Ardmore, and research and development will be in Norman at the University of Oklahoma. MG Motors will create more than 500 jobs with a payroll in excess of $30 million.

“MG Motors’ decision to locate in Oklahoma is a testament to our state’s pro-business climate, highly skilled workforce and commitment to excellence,” Henry said. “This is a major investment in Oklahoma that will mean hundreds of good-paying jobs. The unique partnership between Ardmore, Norman and Oklahoma City is indicative of the cooperation that exists in Oklahoma.”

MG Motors is a joint venture of China’s oldest auto maker, Nanjing Automobile Corporation, with Sovereign Oklahoma Development Corp., Oklahoma Global Motors and Davis Capital Development, Inc.

The assembly plant at the Ardmore Airpark will employ 325 people, the global headquarters in Oklahoma City will employ 150, and the research and development component at OU will employ about 35.