Nicolock Paving Stones Wins Concord Tax Incentive Grant
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Description
Concord City Council awarded Nicolock Paving Stones, LLC a three-year, 85% tax-based economic development grant up to $231,826, supporting their new $22 million manufacturing facility.
Contract Details
Contract Amount
Up to $231,826 (estimated, three-year 85% tax-based incentive)
Vendor
NICOLOCK PAVING STONES LLC
Agency
Town of Concord, OH
Contract Type
FINANCIAL_SERVICES
Document Date
November 9, 2023
Contract Term
Three years (effective upon contract, estimated start late 2023/early 2024)
Renewal Date
2026-12-31
Renewal Info
Three-year grant; amount and continuation determined by actual investment and compliance with grant criteria.
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