OTHERAPPROVED

Wooster Approves Tax Incentive Deal for Compak LLC Warehouse

The City of Wooster approved a Community Reinvestment Area (CRA) agreement with Compak, LLC, providing a 75% real estate tax abatement for 10 years—valued at approximately $1.15MM to $1.9MM—to support the construction of a new warehouse facility with a $10MM capital investment. The deal requires Compak, LLC to retain 27 jobs and create 10 new positions within three years.

Status
APPROVED
Document date
March 16, 2026
Contract type
OTHER
Vendor
Compak Llc
Agency
City of Wooster · OH

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Estimated value $1,150,000 to $1,900,000 in tax abatements (approx. $10,000,000 capital investment)
Contract type
OTHER
Contract term
10 years (tax abatement at 75%)
Renewal date
2036-05-31
Renewal
10-year initial abatement; job and payroll commitments extend for 20 years beyond the abatement term; ordinance allows standard renewal/extension mechanisms as determined by the Mayor's discretion.
Document type
Agenda
Source document
City of Wooster Council Meeting Agenda March 16, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Wooster?

Compak Llc was awarded this government contract by City of Wooster, as recorded on March 16, 2026. The contract value is Estimated value $1,150,000 to $1,900,000 in tax abatements (approx. $10,000,000 capital investment).

How much is the Compak Llc contract with City of Wooster worth?

The Compak Llc contract with City of Wooster is valued at Estimated value $1,150,000 to $1,900,000 in tax abatements (approx. $10,000,000 capital investment).

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Wooster Council Meeting Agenda March 16, 2026 (Agenda), dated March 16, 2026 from City of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Compak Llc hold?

Compak Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Compak Llc's profile

What is City of Wooster currently buying?

Explore City of Wooster's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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