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Canoo to Expand Presence in Central U.S. with Engineering Talent and Headquarters Relocation

Canoo, a high-tech advanced mobility company, recently announced plans to migrate its engineering workforce to its two Oklahoma locations – Oklahoma City and Pryor – as well as plans to relocate its corporate headquarters to northern Texas. Canoo estimates these efforts will bring $15 million in new taxes for the engineering relocations and headquarters, with an expected $150 million in new tax base over the next 10 years.

The engineer migration will result in approximately 137 engineering positions being relocated to Texas and Oklahoma with approximately 75% in Oklahoma. Existing Canoo engineers have been offered relocations packages. At this time, the company does not have official numbers of workforce relocations and anticipates relocations to begin in the fourth quarter of 2024.

The company cited one of the benefits of the move as co-locating engineering and manufacturing within the company’s vehicle manufacturing facility in Oklahoma City.  Canoo currently occupies nearly 500,000 square feet with the ability to rapidly expand. The company is proud to offer their customers products made in America and to continue investing in a state that supports diverse businesses and promotes workforce diversity.

Canoo’s vehicles are currently on the road with USPS, Walmart, NASA, and other large commercial, government and fleet customers. The company states their design-forward innovative electric cargo vehicles are reinventing the commercial vehicle landscape. The vehicles modular electric platform is purpose-built to maximize the vehicle interior space and is customizable to support a wide range of business and government applications.

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