Tax Abatement Approved for COIM USA Expansion
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Description
Texarkana College Board approved a six-year, 90% property tax abatement agreement with COIM USA, Inc. to support a major plant expansion in Bowie County. The project includes about $46 million in new construction and equipment and will create 27 permanent jobs.
Contract Details
Vendor
COIM USA INC
Agency
Texarkana College, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 30, 2026
Contract Term
6 years at 90% property tax abatement
Renewal Info
Initial tax abatement term is six years at 90% on new improvements per TC Board policy; any renewal would require future Board action.
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