City Council Meeting Agenda March 2, 2026
Wooster Awards 10-Year CRA Tax Incentive to Compak LLC
Trusted by teams at
Description
Wooster City Council approved a 10-year, 75% Community Reinvestment Area tax abatement agreement with Compak, LLC for the construction of a new warehouse. The project includes at least $10 million investment and job creation and retention commitments.
Contract Details
Contract Amount
Estimated abatement value: $1,151,813–$1,900,492 over 10 years
Vendor
COMPAK LLC
Agency
City of Wooster, OH
Contract Type
OTHER
Document Date
March 2, 2026
Contract Term
10 years
Renewal Date
2037-05-31
Renewal Info
Agreement term is for 10 years and abates 75% of real estate taxes for new construction. Subject to job retention and creation commitments.
More from COMPAK LLC
Related Contracts
City of Wooster Agenda Packet 2026-05-18
AMENDEDCity of Wooster City Council Agenda Packet May 18 2026
AMENDEDCity of Wooster Council Meeting Agenda March 16, 2026
APPROVEDWooster City Council Minutes March 2026
PENDINGWooster City Council Minutes February 17, 2026
APPROVEDMore from City of Wooster
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.