Business and Finance
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2 Port Muskogee companies receive state funding through business expansion programs

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  Port Muskogee said two companies have received state funding through the Business Expansion Incentive Program (BEIP) and Oklahoma Innovation Expansion Program (OIEP).

Two companies in Port Muskogee, Oklahoma, have been awarded state funding through business expansion programs. The Oklahoma Department of Commerce announced that Trafera, a technology solutions provider, received $2.5 million to expand its operations, which is expected to create 70 new jobs. Additionally, Provalus, an IT services company, was granted $1.5 million to establish a new facility, anticipating the creation of 200 jobs. These investments are part of the state's efforts to stimulate economic growth and development in the region.

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