Wilson County Board of Commissioners Meeting Agenda Packet May 2026
County Approves Fifth Incentive Payment to Fresenius Kabi
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Description
Wilson County approved a $860,000 fifth-year economic development incentive payment to Fresenius Kabi USA, LLC under a six-year package totaling up to $9.08 million. The incentive supports a $286 million expansion and hundreds of retained and new pharmaceutical manufacturing jobs in Wilson.
Contract Details
Contract Amount
$860,000 (fifth of six appropriations in a total incentive up to $9,080,000 over six years)
Vendor
FRESENIUS KABI USA LLC
Agency
Wilson County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Six-year incentive period covering years 2019 through 2023 investments, with annual payments; this action approves the fifth-year payment from the FY 2025–2026 budget
Renewal Info
Six-year incentive program with annual payments based on qualifying investments and employment levels; package is voided if the company contests tax values or fails to meet hiring and wage commitments. No renewal beyond the six years is indicated.
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