Tax incentivespending

Welch Packaging Group seeks tax incentives for expansion

Welch Packaging Group Inc. is seeking tax incentives for a $18.8 million capital investment to establish a corrugated cardboard supply-chain manufacturing facility in Wooster, Ohio. The project will create 50 to 70 new full-time jobs and is contingent on a 75% tax exemption for ten years.

Status
pending
Document date
March 4, 2024
Contract type
Tax incentives
Vendor
Welch Packaging Group
Agency
Town of Wooster · AR

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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
$18,800,000
Contract type
Tax incentives
Contract term
10 years
Renewal date
NA
Renewal
NA
Document type
Agenda
Source document
town-of-wooster-council-agenda-cra-amendment-flooring-contract-mar-4-2024_e0e.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the tax incentives contract by Town of Wooster?

Welch Packaging Group was awarded this tax incentives contract by Town of Wooster, as recorded on March 4, 2024. The contract value is $18,800,000.

How much is the Welch Packaging Group contract with Town of Wooster worth?

The Welch Packaging Group contract with Town of Wooster is valued at $18,800,000, covering tax incentives work.

What type of contract is this?

This is a Tax Incentives contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-wooster-council-agenda-cra-amendment-flooring-contract-mar-4-2024_e0e.pdf (Agenda), dated March 4, 2024 from Town of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Welch Packaging Group hold?

Welch Packaging Group 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 Welch Packaging Group's profile

What is Town of Wooster currently buying?

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

View Town of Wooster's profile

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