OKLAHOMA CITY- (KOKH) — Governor Kevin Stitt and legislative leaders announced Wednesday Firehawk, a rocket fuel manufacturing company, is investing tens of millions of dollars in Oklahoma.

“Firehawk is bringing the first scaled, 3D printed propellant factory to Oklahoma and it’ll be the first one in the United States,” said Will Edwards, Co-Founder of Firehawk.

The company is investing more than $50 million into Lawton and will create 100 high paying jobs that help make propellant for U.S. army weapons systems.

“The amazing thing about what we’re building is that we’ve created a way to produce a million pounds of propellant, unbelievably cost efficiently, incredibly fast, we’ve cut the process down to make rocket propellant from several weeks to just several hours,” said Edwards.

State Rep. Trey Caldwell, Chair of the House Appropriations and Budget Committee, said this is a perfect example of the state Department of Commerce and executive branch using what they have to recruit business.

“With this specific industry, it’ll be D-O-D (Department of Defense) type funding, is the mechanism, and I think that comes out to $18 million worth of withholding taxes, so there won’t be any kind of direct appropriation or any kind of legislative action,” he said.

Firehawk is just the latest company to make big investments into the sooner state, following CBC Ammunition two weeks ago and a four billion dollar investment from Emirates Global Aluminum.

“We’re really excited to welcome them to the great state of Oklahoma. They’re going to be smeltering aluminum and using the port to bring up the bauxite and aluminum,” said Governor Kevin Stitt.

Construction on the 320 acre facility is expected to begin later this year.