Jasper County Awards Financial Services Contract to Palmetto Plastics Innovations LLC (December 2025)
- Disclosed value
- Special source revenue credits: 25% for years 1-5, 10% for years 6-10, on $7,000,000 investment, tax abatement specified in agreement; minimum 10 new jobs
- From agenda
- Approved
- Dec 15, 2025
- Term
- 10 years (SSRC credit period)
- Renews
- Free account
The 30-second brief
Jasper County Council approved a 10-year Special Source Revenue Credit Agreement with Palmetto Plastics Innovations LLC (Project Pilgrimage), granting tax incentives for a $7 million investment and creation of at least 10 new jobs. This involves 25% credits for the first five years and 10% for the next five years, contingent upon investment and new job creation.
Palmetto Plastics Innovations LLC holds this financial services contract with Jasper County.
The renewal date is on record. A free account shows it, with the renewals for every Jasper County contract.
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Contract details
- Contract type
- Financial Services
- Amount
- Special source revenue credits: 25% for years 1-5, 10% for years 6-10, on $7,000,000 investment, tax abatement specified in agreement; minimum 10 new jobs
- Document date
- December 15, 2025
- Term
- 10 years (SSRC credit period)
- Renews
- Free account
- Agency
- Jasper County
- Source document
- jasper_county_council_meeting_agenda_december_2025.pdf (Agenda)
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Questions about this contract
Who was awarded the financial services contract by Jasper County?
Palmetto Plastics Innovations LLC was awarded this financial services contract by Jasper County, as recorded on December 15, 2025. The contract value is Special source revenue credits: 25% for years 1-5, 10% for years 6-10, on $7,000,000 investment, tax abatement specified in agreement; minimum 10 new jobs.
How much is the Palmetto Plastics Innovations LLC contract with Jasper County worth?
The Palmetto Plastics Innovations LLC contract with Jasper County is valued at Special source revenue credits: 25% for years 1-5, 10% for years 6-10, on $7,000,000 investment, tax abatement specified in agreement; minimum 10 new jobs, covering financial services work.
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 jasper_county_council_meeting_agenda_december_2025.pdf (Agenda), dated December 15, 2025 from Jasper County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Palmetto Plastics Innovations LLC hold?
Palmetto Plastics Innovations 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.
What is Jasper County currently buying?
Explore Jasper County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.