Cincinnati Considers Tax Credit Agreement with Valvoline

Cincinnati’s City Council is considering authorizing a Job Creation Tax Credit Agreement with VGP Holdings LLC, d/b/a Valvoline Global Operations. The company would create at least 54 new jobs at 312 Elm Street, and the City would provide a credit equal to 40% of City income tax revenue generated by those jobs.

Document date · September 15, 2026

Track City of Cincinnati contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Cincinnati.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

Income tax credit equal to forty percent of City income tax revenue created by the new jobs

Contract type

OTHER

Document type

Agenda

Source document

City of Cincinnati Agenda Housing & Growth 2026-09-15

Related contracts

Other contracts from Vgp Holdings Llc Dba Valvoline Global Operations.

View all →

City of Cincinnati Agenda Housing & Growth 2026-09-15

PENDING

City of Cincinnati, OhioIncome tax credit equal to 40% of City income tax revenue created by new jobsSep 15, 2026

City of Cincinnati Agenda Packet 2026-09-10

RECOMMENDED

City of Cincinnati, OhioSep 10, 2026

City of Deer Park Minutes Regular Meeting 2026-07-07

APPROVED

City of Deer Park, TexasJul 7, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Cincinnati?

Vgp Holdings Llc Dba Valvoline Global Operations was awarded this government contract by City of Cincinnati, as recorded on September 15, 2026.

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 City of Cincinnati Agenda Housing & Growth 2026-09-15 (Agenda), dated September 15, 2026 from City of Cincinnati. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vgp Holdings Llc Dba Valvoline Global Operations hold?

Vgp Holdings Llc Dba Valvoline Global Operations may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vgp Holdings Llc Dba Valvoline Global Operations's profile

What is City of Cincinnati currently buying?

Explore City of Cincinnati's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Cincinnati's profile