FINANCIAL_SERVICESAPPROVED

Town of Dalton Awards Financial Services Contract to Sinicon Plastics Inc (May 2026)

Dalton enters a Tax Increment Financing Agreement with Sinicon Plastics Inc. supporting a $5 million plant expansion and job growth at 455 West Housatonic Street. The company receives a five‑year, phased property tax exemption while its tax bill is projected to triple by the end of the term.

Status
APPROVED
Document date
May 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Sinicon Plastics Inc
Agency
Town of Dalton · MA

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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 type
FINANCIAL_SERVICES
Contract term
Approximately FY27–FY31 phased TIF schedule (5 years)
Renewal date
2031-06-30
Renewal
TIF specifies a five‑year declining exemption schedule (100%, then 90%, 70%, 50%, 20% on the incremental value); no renewal or extension options are mentioned.
Document type
Agenda
Source document
Town of Dalton Annual Town Meeting Agenda 2026-05-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Dalton?

Sinicon Plastics Inc was awarded this financial services contract by Town of Dalton, as recorded on May 4, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Dalton Annual Town Meeting Agenda 2026-05-04 (Agenda), dated May 4, 2026 from Town of Dalton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sinicon Plastics Inc hold?

Sinicon Plastics Inc 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 Sinicon Plastics Inc's profile

What is Town of Dalton currently buying?

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

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