Oklahoma Department of Agriculture, Food and ForestryNovember 21, 2013
The Oklahoma Equine Alliance as well as state legislators and top executives from breed organizations and private entities gathered today to recognize Oklahoma’s thriving equine industry.
The Oklahoma Equine Alliance released a comprehensive study showing the economic impact generated by the Oklahoma equine industry reached $3.6 billion in 2012, yielding roughly 35,070 full-time-equivalent jobs. The study was completed in 2013 and commissioned by members of the Oklahoma Equine Alliance.
Members of the Oklahoma Equine Alliance include the Thoroughbred Racing Association of Oklahoma, Oklahoma Quarter Horse Racing Association, Remington Park, Will Rogers Downs, Fair Meadows, Oklahoma Horse Council, Oklahoma Farm Bureau, Oklahoma Horse Racing Commission and the Oklahoma Department of Agriculture, Food and Forestry. The study provides thorough economic data and highlights the cooperative efforts of private and public partnerships that have driven the growth of Oklahoma’s equine business.
Oklahoma is known worldwide for its top-caliber horses, as well as its top-tier facilities. Oklahoma is recognized as the “horse show capital” of the world, is home to more than a thousand rodeo events and hosts the top race meets for American Quarter Horses in the United States. The Oklahoma State Fair Park and Tulsa Expo Square have completed improvements to their facilities totaling more than $250 million since 2005. The world-class facilities are a significant component in the ability to host national and international equine events year round.
“There is no doubt that the equine industry is a significant economic driver within our Oklahoma economy,” says Secretary of Agriculture Jim Reese. “With a total impact of $3.6 billion and generation of over $100 million in state and local taxes, it is evident that the equine industry is important to all areas of our state. We want to continue to support our equine events and participants as they create opportunity here in Oklahoma.”
For additional information and copies of the study please contact Blayne Arthur at 405-522-6105 or email@example.com.
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