Danville-Pittsylvania Regional Industrial Facility Authority Agenda Packet May 2026
Microporous performance agreement metrics amended
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Description
The Authority approved Resolution 2026-04-13-5D updating Microporous LLC’s performance metrics in its local performance agreement, raising the capital investment commitment to $1.66 billion while setting a minimum of 1,732 jobs at an average wage of $60,995.39. The amendment reflects more advanced equipment and refined staffing needs for the Berry Hill project.
Contract Details
Contract Amount
$1,660,600,000.00 capital investment commitment
Vendor
MICROPOROUS LLC
Agency
City of Danville, VA
Contract Type
OTHER
Document Date
May 11, 2026
Renewal Info
Amends and restates performance metrics under Resolution 2026-02-09-5B; capital investment increased, job count decreased, and average wages increased while underlying agreement remains in effect.
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