Stellantis Invests $155M, Receives Tax Abatement
City of Kokomo cityCity · IN- Document date
- Apr 24, 2023
- Term
- 10 year step-down
The 30-second brief
Stellantis receives tax abatement for $155M investment in Kokomo plant, retaining 262 jobs with $17.5M salaries.
STELLANTIS holds this tax abatement contract with City of Kokomo city. Its other public contracts on record include work for Grand County and City of Auburn Hills.
Term as filed: 10 year step-down.
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Contract details
- Contract type
- Tax Abatement
- Document date
- April 24, 2023
- Term
- 10 year step-down
- Vendor
- STELLANTIS
- Agency
- City of Kokomo city
- Source document
- city-of-kokomo-meeting-minutes-2023-04-24_689.pdf (Meeting Minutes)
STELLANTIS's other public contracts
More City of Kokomo city contracts
Questions about this contract
Who was awarded the tax abatement contract by City of Kokomo city?
STELLANTIS was awarded this tax abatement contract by City of Kokomo city, as recorded on April 24, 2023.
What type of contract is this?
This is a Tax Abatement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-kokomo-meeting-minutes-2023-04-24_689.pdf (Meeting Minutes), dated April 24, 2023 from City of Kokomo city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does STELLANTIS hold?
STELLANTIS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Kokomo city currently buying?
Explore City of Kokomo city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.