Mobis Alabama, LLC expansion with tax abatement
- Disclosed value
- $94,600,000
- From minutes
- Document date
- Jan 5, 2023
- Term
- 7 years
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THE 30-SECOND BRIEF
Mobis Alabama, LLC plans to expand its facility on the Kia campus with a $94.6 million investment, creating 60 new jobs, supported by a seven-year PILOT program with a 50% tax abatement from 2024-2030.
Mobis Alabama holds this tax abatement contract with City of West Point.
Term as filed: 7 years.
Contract details
- Contract type
- Tax Abatement
- Amount
- $94,600,000
- Document date
- January 5, 2023
- Term
- 7 years
- Vendor
- Mobis Alabama
- Agency
- City of West Point
- Source document
- city-of-west-point-council-work-session-minutes-january-5-2023_c0c.pdf (Minutes)
Mobis Alabama's other public contracts
More City of West Point contracts
Questions about this contract
Who was awarded the tax abatement contract by City of West Point?
Mobis Alabama was awarded this tax abatement contract by City of West Point, as recorded on January 5, 2023. The contract value is $94,600,000.
How much is the Mobis Alabama contract with City of West Point worth?
The Mobis Alabama contract with City of West Point is valued at $94,600,000, covering tax abatement work.
What type of contract is this?
This is a Tax Abatement contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-west-point-council-work-session-minutes-january-5-2023_c0c.pdf (Minutes), dated January 5, 2023 from City of West Point. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Mobis Alabama hold?
Mobis Alabama may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of West Point currently buying?
Explore City of West Point's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.