city-of-columbia-industrial-development-board-fy-2025-2026-budget_3e3.pdf
Mersen Infrastructure and Jobs Project Ongoing with PILOT
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Description
The Mersen Project, supported by the Board and County IDB, implemented infrastructure improvements with a $505,000 FastTrack grant and $64.9 million investment for 101 jobs.
Contract Details
Contract Amount
$64,900,000 (capital investment); $505,000 (FastTrack grant)
Vendor
MERSEN
Agency
City of Columbia, TN
Contract Type
FINANCIAL_SERVICES
Document Date
July 1, 2025
Renewal Info
Project ongoing; funded improvements and PILOT incentives carry forward.
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ONGOINGIndustrial Development Board FY2023-2024 Budget
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