ASCO says Oklahoma was 'best fit'.
Governor Mary Fallin and officials with ASCO Inc., a Belgian aerospace company, announced Monday at the Farnborough International Airshow that ASCO will open a new production facility in Stillwater. ASCO chief executive officer Christian Boas says Oklahoma was the best fit for his company because of its central location and existing aerospace industry. The company will initially invest $60 million and employ 250 people by 2014. A second phase of development will add another 350 jobs by 2015.