Wilson County Board of Commissioners Agenda May 5 2025
Fresenius Kabi Receives Incentive Payment for Expansion
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Description
The Board approved the fourth annual payment of $860,000 as part of a six-year, $9.08 million economic development incentive to Fresenius Kabi USA, LLC. The payment supports an ongoing plant expansion and job creation in Wilson County.
Contract Details
Contract Amount
$860,000 (fourth of six payments, total package not to exceed $9,080,000)
Vendor
FRESENIUS KABI USA LLC
Agency
Wilson County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 5, 2025
Contract Term
2019–2025 (6 years)
Renewal Date
2026-12-31
Renewal Info
Two annual installments remain; package void if job/tax requirements not met. Payments continue through 2026 contingent on compliance.
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