CONTRACTAPPROVED

Advanex Manufacturing Project Gains KBI Support

Disclosed value: KBI negotiated tax incentive amount of $1,300,000; From resolution
Approved: Jul 30, 2020
Term: Up to 10-year KBI term

What it covers

Advanex Americas Inc. received preliminary approval of $1.3 million in KBI tax incentives to build a $15.5 million manufacturing facility in Franklin. The project plans 250 jobs at $23 per hour, supported by both state and city wage assessments.

Who holds it

Advanex Americas Inc holds this contract with Carter County. Its other public contracts on record include work for Department of Industrial Relations - Occupational Safety & Health Appeals Board.

What happens next

Term as filed: Up to 10-year KBI term.

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Contract details

Amount: KBI negotiated tax incentive amount of $1,300,000
Document date: July 30, 2020
Term: Up to 10-year KBI term
Vendor: Advanex Americas Inc
Agency: Carter County
Source document: kedfa_resolution_2020_0730_covid_19_deferment.pdf (Resolution)

Advanex Americas Inc's other public contracts

Carter County, KentuckyAdvanex Americas wins preliminary KBI manufacturing incentive · Jun 25, 2020$1.3M Carter County, KentuckyAdvanex Manufacturing Plant Receives KBI Incentive · May 28, 2020$1.3M Carter County, KentuckyAdvanex Americas Wins Preliminary KBI Incentive · Jan 1, 2020$1.3M Department of Industrial Relations - Occupational Safety & Health Appeals Board, CaliforniaSettlement Order Approved for Advanex Americas · Jul 11, 2019Undisclosed All Advanex Americas Inc contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Carter County?

Advanex Americas Inc was awarded this government contract by Carter County, as recorded on July 30, 2020. The contract value is KBI negotiated tax incentive amount of $1,300,000.

How much is the Advanex Americas Inc contract with Carter County worth?

The Advanex Americas Inc contract with Carter County is valued at KBI negotiated tax incentive amount of $1,300,000.

What type of contract is this?

This is a government contract, documented as a resolution record.

Where was this contract approved?

This contract appears in kedfa_resolution_2020_0730_covid_19_deferment.pdf (Resolution), dated July 30, 2020 from Carter County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Advanex Americas Inc hold?

Advanex Americas Inc 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 Carter County currently buying?

Explore Carter County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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