Wilson County Government Board of Commissioners Meeting Minutes February 2023
County Approves Five-Year Incentive for Believer Meats
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Description
Wilson County approved an economic development incentive agreement with Believer Meats that will provide up to $1,250,000 in county payments over five years, beginning in 2024. The incentive is tied to a planned $123.35 million investment, tax payments, and the creation of approximately 80 full-time jobs.
Contract Details
Contract Amount
Not to exceed $1,250,000 (five $250,000 annual appropriations; total incentive package up to $2,500,000 shared with City of Wilson)
Vendor
BELIEVER MEATS
Agency
Wilson County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
February 6, 2023
Contract Term
Five (5) annual appropriations of $250,000 beginning in 2024
Renewal Date
2028-12-31
Renewal Info
Five-year incentive schedule; incentive package becomes void if Believer Meats challenges tax values or fails to meet hiring and wage commitments.
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