Nash County Awards Economic Inducement Contract to Gxp Storage (February 2025)
Nash CountyCounty · Nashville, NC- Approved
- Feb 3, 2025
- Term
- 5 years
The 30-second brief
Nash County approves an economic inducement for GXP-Storage, appropriating 50% of the net increase in ad valorem taxes resulting from the company's expansion over 5 years. This investment will contribute to a minimum overall investment of $81,000,000.00 and the creation of 72 jobs with an average wage of $78,000.
Gxp Storage holds this economic inducement contract with Nash County. Its other public contracts on record include work for Nash Community College.
Term as filed: 5 years.
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Contract details
- Contract type
- Economic Inducement
- Document date
- February 3, 2025
- Term
- 5 years
- Vendor
- Gxp Storage
- Agency
- Nash County
- Source document
- nash-county-meeting-minutes-2025-02-03_c7d.pdf (Meeting Minutes)
Gxp Storage's other public contracts
More Nash County contracts
Questions about this contract
Who was awarded the economic inducement contract by Nash County?
Gxp Storage was awarded this economic inducement contract by Nash County, as recorded on February 3, 2025.
What type of contract is this?
This is a Economic Inducement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in nash-county-meeting-minutes-2025-02-03_c7d.pdf (Meeting Minutes), dated February 3, 2025 from Nash County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Gxp Storage hold?
Gxp Storage may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Nash County currently buying?
Explore Nash County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.