Civic IQ
CONTRACTAPPROVED
Get alerts

Gadsden-Etowah MPO Awards $5,500,000 Tax Abatement Contract to Prince Metal Stamping USA (February 2025)

Gadsden-Etowah MPO logoGadsden-Etowah MPO
Disclosed value
$5,500,000.00
From meeting minutes
Approved
Feb 18, 2025
Term
10 years

The 30-second brief

What it covers

Prince Metal Stamping USA, Inc. secured a 10-year tax abatement agreement, involving a capital investment of $5,500,000.00. It will retain approximately 340 jobs and generate approximately $120,000.00 for schools.

Who holds it

Prince Metal Stamping USA holds this tax abatement contract with Gadsden-Etowah MPO. Its other public contracts on record include work for City of Gadsden.

What happens next

Term as filed: 10 years.

See who decides the next one before it's bid.

Get pre-RFPs free

Free account · 30-second setup · No credit card

Contract details

Contract type
Tax Abatement
Amount
$5,500,000.00
Document date
February 18, 2025
Term
10 years
Vendor
Prince Metal Stamping USA
Agency
Gadsden-Etowah MPO
Source document
gadsden-etowah-mpo-meeting-minutes-2025-02-18_0e6.pdf (Meeting Minutes)

Prince Metal Stamping USA's other public contracts

City of Gadsden, AlabamaPrince Metal Stamping USA tax abatement approved · Feb 18, 2025$5.5MGadsden-Etowah MPO, AlabamaTax Abatement Agreement with Prince Metal Stamping · Feb 18, 2025UndisclosedCity of Gadsden, Alabamacity-of-gadsden-agenda-2025-02-18_256.pdf · Feb 18, 2025UndisclosedCity of Gadsden, Alabama10-year tax abatement agreement approved · Feb 18, 2025UndisclosedAll Prince Metal Stamping USA contractsVendor profile

More Gadsden-Etowah MPO contracts

Lambert Contracting LLCCouncil to Consider Agricola Drainage Change Order · Oct 12, 2026UndisclosedThree Notch Group IncCouncil to Consider Three Notch Intersection Analysis Agreement · Oct 12, 2026UndisclosedAlabama Grading & Excavation LLCCouncil to Consider George Wallace Drive Change Order · Oct 12, 2026UndisclosedAlabama Grading & Excavation LLCCouncil to Consider Lakewood Drive Change Order · Oct 12, 2026UndisclosedBob Smith Construction IncCouncil to Consider Twin Bridges Golf Club Change Order · Oct 12, 2026UndisclosedAll Gadsden-Etowah MPO activityAgency profile

Questions about this contract

Who was awarded the tax abatement contract by Gadsden-Etowah MPO?

Prince Metal Stamping USA was awarded this tax abatement contract by Gadsden-Etowah MPO, as recorded on February 18, 2025. The contract value is $5,500,000.00.

How much is the Prince Metal Stamping USA contract with Gadsden-Etowah MPO worth?

The Prince Metal Stamping USA contract with Gadsden-Etowah MPO is valued at $5,500,000.00, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in gadsden-etowah-mpo-meeting-minutes-2025-02-18_0e6.pdf (Meeting Minutes), dated February 18, 2025 from Gadsden-Etowah MPO. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Prince Metal Stamping USA hold?

Prince Metal Stamping USA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Gadsden-Etowah MPO currently buying?

Explore Gadsden-Etowah MPO's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More Gadsden-Etowah MPO contracts →Browse all agencies in Alabama →