Danville-Pittsylvania Regional Industrial Facility Authority Agenda April 2026
Authority considers amended performance deal with Microporous
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Description
The Authority is considering approval of an Amended and Restated Local Performance Agreement with Microporous, LLC tied to at least $1.35 billion in capital investment and 1,832 new full-time jobs. The revised agreement updates a prior 2024 arrangement and would be executed by the Authority and others upon approval.
Contract Details
Contract Amount
Capital investments of at least $1,350,000,000.00 (performance requirement; no explicit incentive amount stated)
Vendor
MICROPOROUS LLC
Agency
Danville-Pittsylvania Ind Facility Auth, VA
Contract Type
OTHER
Document Date
April 24, 2026
Renewal Info
This action would amend and restate a prior Local Performance Agreement originally adopted under Resolution No. 2024-11-13-5A, reflecting updated terms associated with subsequent resolutions in 2026.
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Danville-Pittsylvania Regional Industrial Facility Authority Agenda Packet May 2026
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PENDINGDanville City Council Regular Meeting Agenda May 5 2026
PENDINGIssuing Agency
Danville-Pittsylvania Ind Facility Auth
Special District
Danville, VA
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