Tulsa Transition Church acquires Unit Corporation building for US$35 million local business news

PRE：The shower door company​ T. Rowe Price became a major hedge fund participant with the $4.2 billion Oak Hill acquisition and a $500 million co-investment, and RIA was listed as a major potential custom

NEXT：ArtSEA: The state of art at Climate Pledge Arena

 glass fence manufacturer the Unit Corporation building was filmed Wednesday near 81st Street and Union Avenue west of Tulsa. The building has been sold to Transformation Church in Tulsa for $35 million.
       The Unit Corporation building was filmed Wednesday near 81st Street and Union Avenue west of Tulsa. The building has been sold to Transformation Church in Tulsa for $35 million.
       The picture shows the Unit Corporation building near West 81st Street and Union Avenue in Tulsa. The building has been sold to Transformation Church in Tulsa for $35 million.
       The local Transformation Church purchased the Unit Corporation building, 8200 S. Unit Drive, for 35 million U.S. dollars.
       Newmark Robinson Park brokers Rick Guild, Dilon Argo, and Brad Rice handled the sale of the energy company’s 196,350-square-foot corporate headquarters, which is located on 81st Street and Union Avenue west of Tulsa. The company developed the structure in 2016 and will remain an important tenant of the building.
       Unit chairman and CEO Philip B. Smith (Philip B. Smith) said that the sale of this six-story building allows Unit to repay the debt balance and have additional liquidity to deploy high-return opportunities.
       "The sale of the headquarters building further strengthened our financial position," Smith said in a statement.
       KKT Architects designed the building, which includes a conference center with skylights, a security room, and a four-story car park connected to the building by a closed walkway.
       The husband and wife lead pastor Michael and Natalie Todd took over the operation of the Transformation Church from its founder, Bishop Gary Mackintosh, in 2015, who has operated the church for 15 years. In recent years, as the church has expanded, it has increased its real estate portfolio.
       In August 2019, Transformation purchased the empty Spirit Bank activity center at 10441 S. Regal Blvd. $10.5 million. Following the acquisition of the PostRock Plaza retail center (10438 S. 82nd E. Ave.) surrounding the event center for USD 20.5 million in 2020.
       Guild said in a statement: "This sale puts the church in a leading position in the continued growth of southern Tulsa and provides Unit Corp. with the opportunity to retain two floors of office space." "This transaction is for both parties. It's all a win-win situation."
       A Specialty Box manufactures and distributes high-end gift packaging for the confectionery, cosmetics, jewelry, medical and food industries. Cynthia Calvert-Copeland founded the company at 12437 E. 60th St. in 2000.
       AAON Inc., 2425 S. Yukon Ave., designs, manufactures and sells heating, ventilation and air conditioning systems for commercial and industrial buildings such as schools, shopping centers and offices.
       Access Optics in Broken Arrow designs, manufactures and assembles lenses for miniature cameras and medical equipment (such as endoscopic equipment).
       Acme Brick has a manufacturing facility at 4103 Dawson Road and a sales office at 5130 East Tulsa Avenue South 110. Acme Brick was founded in 1891 and is owned by Berkshire Hathaway. In 2007, it made the world's largest brick (according to the Guinness World Records) using materials from all the company's foundries.
       Allied Motion, 10002 E. 43rd St., designs and manufactures motion control products for a wide range of industries including healthcare, aerospace, and defense.
       Ameristar Fence Products is located at 1555 N. Mingo Road and produces steel and aluminum fences and gates for residential, commercial and government purposes. 
       Anchor Paint is a family business established in Tulsa in 1962. It produces durable protective coatings suitable for industrial, commercial and residential use.
       APSCO (or Air Power Systems Co.), located at 8178 E. 44th St., designs and manufactures cylinders, controls, and valves to turn trucks into garbage trucks, snow sweepers or heavy lifting equipment.
       Sapulpa's Ardagh Glass produces millions of glass bottles every day. The history of the factory can be traced back to 1912. It is called Liberty Glass for most of its history, but has changed hands many times in recent years.
       Broken Arrow's Arrowhead Precast manufactured 200 concrete arched slabs to support the land bridge on Riverside Drive, a gathering place in Tulsa. Arrowhead also produces sound insulation and barrier wall systems along highways, as well as retaining walls, risers, hollow floors and double T beams.
       Baker Hughes owns many facilities in the Tulsa area and built a new submersible pump research and technology center at the Centrilift plant in Claremore.
       Bama Cos. is headquartered at 2745 E. 11th St. and has been making pies since 1937. Over the years, the business has expanded to include hand-held pies, biscuits and pizza crusts for some of the largest chain restaurants.
       In addition to manufacturing structural steel, girders and joists, Sapulpa's Bennett Steel Fabrication has always been a powerful force in the revitalization of downtown Tulsa. Its projects include work at ONEOK Field, Guthrie Green and Mathews Warehouse, which houses the Woody Guthrie Center.
       From measuring flow and pressure control of skids and pipelines to cleaning pigging equipment and extending pipeline life, Tulsa's Big Elk Energy Systems specializes in manufacturing in the energy industry.
       Brown & Hartman Engraving was founded in 1949 and initially provided printing plates for the printing industry, including Tulsa World. It extends to reward and engraving identification projects, chemical etching and screen printing, as well as sandblasting and signage.
       Borets-Weatherford, a subsidiary of Borets, Russia, broke ground on a new R&D facility at 1600 N. Garnett Road in 2013.
       CF Industries' manufacturing plant in Verdigris produces enough liquid fertilizer annually to treat 8 million acres of corn or 16 million acres of wheat. Over the years, the facility has passed several owners. The factory was established in 1975 and was named Agrico Chemical Co. at the time, which was part of Williams Corporation.
       The Crosby Group, located at 2801 Dawson Road, produces hooks, shackles, crane blocks and other lifting accessories for the oil and gas, construction, mining and industrial sectors. In 2005, the company even made a device designed by the New York City Fire Department to allow firefighters to quickly climb out of burning buildings.
       Claude Neon Federal Signs is famous for its neon lights, but this only accounts for about 10% of its business. Neon lights have been surpassed by cheaper and brighter LEDs (Light Emitting Diodes), which use less electricity and are easier to repair.
       D&L Oil Tools, 1924 S. 49th West Ave., specializes in manufacturing and assembling downhole equipment for energy companies in the domestic and international markets.
       Daddy Hinkle's marinade is based on a recipe created by cowboy oiler J. Frank Hinkle in 1942. In the 1990s, his grandson decided to package the marinade for sale. Daddy Hinkle's is available in a variety of flavors and dry scrubs, and can be found at most local grocery stores.
       Ebsco Spring Co., 4949 S. 83rd East Ave., produces approximately 10,000 cold-wound springs. They are divided into categories such as compression, tension, torsion, linear, clock spring, and ring. They range in size from a few centimeters to as long as 100 feet.
       Enardo was founded in Tulsa in 1933 and was acquired by Emerson Process Management Regulator Technologies in 2013. Located at 9932 E. 58th St., the company produces safety valves and vents, hatches and flame arresters to help various industries meet environmental and safety standards.
       Enovation Controls in Tulsa manufactures engine control systems for natural gas-powered vehicles, power generation and other machinery. The company was founded in 1939 by Frank W. "Pat" Murphy, originally named FW Murphy Co., and was renamed after the merger with EControls in 2009. In 2015, the company launched a completely refurbished trailer that was part of the company's original sales team.
       The growth of FinTube Technologies Inc. in West Tulsa is driven by customer demand for efficiency and savings. The economizer is connected to the boiler and uses waste heat to preheat water to improve steam production efficiency. It can be placed in any facility that uses steam boilers-from manufacturing plants and utilities to petrochemical processors, hospitals and universities.
       Flight Safety International produces full flight simulators for commercial, corporate and military training.
       The kitchen designed by kitchen designer Roger Shollmier is a high-end single basin sink with two shelves. These shelves can be used for cutting boards, bowls and shelves, and can slide back and forth between each other. After winning the Entrepreneurship Cup in 2012, The Galley was acquired by a private equity firm in 2014.
       Garden Deva, 317 S. Trenton Ave., founded by artist Lisa Regan more than 20 years ago, specializes in making whimsical metal sculptures that can be seen everywhere in homes, businesses and public facilities in the Tulsa area. 
       Gardner Denver produces pumps for horizontal drilling at its Tulsa plant near 46th Street and Memorial Avenue.
       GasTech performs process engineering, design, and manufacturing for the natural gas, oil production, refining, petrochemical, and industrial gas markets. 
       Glacier Confection has been producing high-end chocolate in Tulsa since 2010, and has expanded from classic flavors such as peanut butter and caramel to exotic flavors such as green tea chai and watermelon feta. The company has an office in the Tulsa Arts District and a store in Utica Plaza.
       At Broken Arrow's Gleeful Peacock, Nikki Halgren designs and produces whimsical jewelry and accessories with a nostalgic atmosphere.
       Gunnebo Johnson Corp., 1240 N. Harvard Ave., started as a petroleum industry equipment manufacturer in the 1930s, but now mainly manufactures crane equipment for the construction and energy industries.
       Tulsa has a dominant position in the heat exchanger market, used to cool large industrial equipment for natural gas and liquids in industries such as oil and gas, power generation and petrochemical markets. Harsco Industrial Air-X-Changers, 5616 S. 129th East Ave. and SWEP, 12122 E. 55th St. are one of many local manufacturers.
       Grant Hastings produced the first Hasty-Bake charcoal oven in 1948, and since then, the company's reputation has continued to improve. The charcoal oven has an adjustable fire box that allows users to grill, roast or smoke their food, and is manufactured on-site at 1313 S. Lewis Ave.
       Mark Hawley has been designing modern furniture in the Pearl District for decades. Hawley is a woodworker with a degree in product design. He and his production team built his own prototypes and custom parts. Hawley Design Furnishings at 702 S. Utica Ave. sells its own work, as well as furniture and accessories from more than 50 manufacturers.
       Cheryl Hill, the owner and CEO of Hill Manufacturing, wanted to diversify from the energy and aircraft industries, and the company began manufacturing Marshall tree saws in 2001.
       Honeywell International has multiple facilities in Tulsa. Honeywell Lori, a division of Honeywell Aerospace, repairs heat transfer components and overhauls aircraft generators at its factory located at 6930 N. Lakewood Ave. At Catoosa Port, it acquired Thomas Russell Co. in 2012 to manufacture natural gas processing equipment.
       The HollyFrontier refinery at 1700 S. Union Ave. Tulsa has a crude oil production capacity of 125,000 barrels per day and mainly processes low-sulfur crude oil. The refinery also has the ability to process sour crude oil when necessary. Holly-Frontier integrated the former Sinclair and Sunoco refineries on the west side of the Arkansas River and operated them as one unit. The refinery also produces jet fuel, bitumen and lubricants.