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VM-K LLC Approved for $2.5M Tax Incentive for Casting Facility

Carter County logoCarter County
Disclosed value
$2,500,000
From agenda
Approved
Sep 28, 2023
Term
15 years
Renews
Free account

The 30-second brief

What it covers

The Kentucky Economic Development Finance Authority granted preliminary approval to VM-K LLC for up to $2,500,000 in tax incentives tied to the development of an advanced aluminum casting facility in Bowling Green over a 15-year term. The project requires job creation and wage benchmarks.

Who holds it

Vm-k LLC holds this contract with Carter County. Its other public contracts on record include work for Kentucky Economic Development Finance Authority | Commonwealth of Kentucky and City of Bowling Green.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Carter County contract.

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Contract details

Amount
$2,500,000
Document date
September 28, 2023
Term
15 years
Renews
Free account
Vendor
Vm-k LLC
Agency
Carter County
Source document
kedfa_board_meeting_agenda_september_2023.pdf (Agenda)

Vm-k LLC's other public contracts

Kentucky Economic Development Finance Authority | Commonwealth of Kentucky, KentuckyKEDFA Extends VM-K KEIA Project · Aug 27, 2026UndisclosedKentucky Economic Development Finance Authority | Commonwealth of Kentucky, KentuckyKEDFA Considers VM-K KEIA Project · Aug 27, 2026UndisclosedCity of Bowling Green, KentuckyProperty Conveyance Approved to VM-K LLC · May 7, 2024UndisclosedCarter County, KentuckyKY Approves $500K Incentive for VM-K LLC Construction Materials · Sep 28, 2023$500KCarter County, KentuckyVM-K Approved for KBI and KEIA Incentives · Sep 28, 2023

More Carter County contracts

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Questions about this contract

Who was awarded the government contract by Carter County?

Vm-k LLC was awarded this government contract by Carter County, as recorded on September 28, 2023. The contract value is $2,500,000.

How much is the Vm-k LLC contract with Carter County worth?

The Vm-k LLC contract with Carter County is valued at $2,500,000.

What type of contract is this?

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

Where was this contract approved?

This contract appears in kedfa_board_meeting_agenda_september_2023.pdf (Agenda), dated September 28, 2023 from Carter County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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