Wilson County Board of Commissioners Meeting Agenda Packet May 2026
Economic Incentive Package Launched for Neopac US
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Description
Wilson County approved a $35,000 first-year economic incentive payment to Neopac US, Inc as part of a three-year, $70,000 package. The agreement supports a $10.1 million investment and approximately 27 new high-wage manufacturing jobs.
Contract Details
Contract Amount
$35,000 (first of three appropriations totaling $70,000 over 2026–2028)
Vendor
NEOPAC US INC
Agency
Wilson County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 4, 2026
Contract Term
Three-year incentive paid annually over 2026 through 2028
Renewal Date
2028-12-31
Renewal Info
Three-year incentive structure running 2026–2028; payments are contingent upon investment, tax payment, and no tax valuation challenges. No renewal beyond the three years is specified.
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