city-of-columbia-industrial-development-board-fy-2025-2026-budget_3e3.pdf
Smile Direct Project Farm PILOT Terminated, No Taxes Abated
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Description
Project Farm PILOT with Smile Direct was terminated following company closure in December 2023, before any tax abatements occurred despite $34.1 million invested.
Contract Details
Contract Amount
$34,100,000 (capital investment); $1,500,000 (FastTrack grant)
Vendor
SMILE DIRECT
Agency
City of Columbia, TN
Contract Type
FINANCIAL_SERVICES
Document Date
July 1, 2025
Contract Term
December 14, 2021 – December 31, 2031
Renewal Date
2023-12-31
Renewal Info
Terminated in December 2023 due to company closure. No taxes abated.
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