US official strengthens ties with Scotland’s business community

During the official visit organised by GlobalScot and CEO of US-based Kindred Strategic, Sara Macauley, Lt Governor Pinnell had meetings with the Weir Group, Panoramic Equity, Scottish Equity Partners, Scottish Development International partners, North Capital, First Carbon Investments. His trip then concluded with a dinner hosted by Glasgow investment firm, N4 Partners, which included attendees from NVT Group, Space Aye, Herd Advance, SmartEdge, Ferguson Whisky, Algiz, Drone Ag, Institute of Directors and Scottish Power Renewables.

The state has seen over $3 billion (c. £2.3bn) of foreign investment over the last 5 years, creating approximately 4,000 jobs for the local community.

Oklahoma’s central location offers significant logistical advantages placing it as an attractive place for international businesses to target. Additionally, pro-business legislation and a range of financial incentives as well as electricity rates 40% lower than the national average all contribute to Oklahoma becoming the 2nd lowest cost state in the US to do business.

At the conclusion of his visit to Scotland, Lt Governor Pinnell said: “I am thankful for the hospitality shown to us by the Scottish business community over the last few days.

“Scotland has a strong culture of hard work, innovation, and entrepreneurship, values we hold strongly in Oklahoma as well. I am excited about the business partnership opportunities we’ve discussed and how they could benefit both Oklahoma and Scotland for years to come.”

Gordon Merrylees, from N4 Partners, added: “I’m happy to speak on the behalf of the businesses involved in this trip when I convey our gratitude for the Lt Governor taking the time to personally meet and form relationships with numerous Scottish businesses seeking international opportunities.

“It’s clear Oklahoma could be the ideal strategic location for those wishing to expand across the Atlantic and we look forward to exploring the vast investment opportunities available across the state.”