BROKEN ARROW, Okla. — One of the world’s largest oil field service companies, Baker Hughes, says they plan to close their site in Broken Arrow.
That location employs around 170 people. Baker Hughes says they will not close until 2023.
In a brief statement the Houston-based company said:
“We regularly review our operational footprint due to changing market conditions and customer demands, and the current environment requires us to restructure parts of our business. As part of our strategy to transform our operations, we intend to close the Broken Arrow site, and manufacturing will be transferred to other locations within the company. This decision was not taken lightly, and we make it with the utmost sensitivity to how it affects our employees, customers and communities. We remain focused on right-sizing our footprint for our customer base and market conditions through this challenging time.”
The company provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting.
The company did not elaborate on a date for this closure or what would be done with the building near S 145th E Ave. and the Broken Arrow Expressway.
This is a developing story, check back for updates.
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