Medina Proposes Job Grant for Falcon Industries Expansion
City of MedinaCity · Medina, OH- Disclosed value
- Up to 40% of new payroll taxes for three years; maximum grant of $4,875.00 per year
- From agendapacket
- Document date
- Oct 25, 2026
- Renews
- Free account
The 30-second brief
The City of Medina is considering a Job Creation Grant Agreement with Falcon Industries, Inc. for a $4.37 million manufacturing facility expansion. The agreement would provide up to 40% of new payroll taxes for three years, capped at $4,875 annually, in exchange for seven new full-time jobs.
Falcon Industries Inc holds this contract with City of Medina. Its other public contracts on record include work for Otero County.
The renewal date is on record. A free account shows it, with the renewals for every City of Medina contract.
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Contract details
- Amount
- Up to 40% of new payroll taxes for three years; maximum grant of $4,875.00 per year
- Document date
- October 25, 2026
- Term
- Three-year grant period tied to job creation scheduled for 2027-2029; project improvements approximately October 2026 through October 2027
- Renews
- Free account
- Vendor
- Falcon Industries Inc
- Agency
- City of Medina
- Source document
- City of Medina AgendaPacket Finance Committee Meeting 2026-10-26 (AgendaPacket)
Falcon Industries Inc's other public contracts
More City of Medina contracts
Questions about this contract
Who was awarded the government contract by City of Medina?
Falcon Industries Inc was awarded this government contract by City of Medina, as recorded on October 25, 2026. The contract value is Up to 40% of new payroll taxes for three years; maximum grant of $4,875.00 per year.
How much is the Falcon Industries Inc contract with City of Medina worth?
The Falcon Industries Inc contract with City of Medina is valued at Up to 40% of new payroll taxes for three years; maximum grant of $4,875.00 per year.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Medina AgendaPacket Finance Committee Meeting 2026-10-26 (AgendaPacket), dated October 25, 2026 from City of Medina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Falcon Industries Inc hold?
Falcon Industries 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 City of Medina currently buying?
Explore City of Medina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.