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Windak Inc. to expand Newton facility with incentives

City of Newton
Disclosed value
$170,000
From agenda
Document date
Mar 5, 2024

The 30-second brief

What it covers

City of Newton is considering an economic development agreement and purchase contract with Windak, Inc. The agreement involves the sale of city-owned parcels on Whitten Lane for $170,000, with Windak investing at least $2.5 million and creating 11 new jobs by the end of 2026.

Who holds it

WINDAK holds this real estate purchase contract with City of Newton. Its other public contracts on record include work for Town of Proctorville and Town of Newton.

See who signed off on this $170K contract.

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Contract details

Contract type
Real Estate Purchase
Amount
$170,000
Document date
March 5, 2024
Term
NA
Vendor
WINDAK
Agency
City of Newton
Source document
city-of-newton-city-council-meeting-agenda-march-5-2024_983.pdf (Agenda)

WINDAK's other public contracts

Town of Proctorville, North Carolinatown-of-proctorvilleagenda2024-04-09_8dc.pdf · Apr 9, 2024$170KTown of Newton, IndianaWindak, Inc. Expansion Secured · Apr 9, 2024$170KTown of Proctorville, North CarolinaWindak, Inc. to invest $2.5M in City property · Mar 5, 2024$170KTown of Proctorville, North Carolinatown-of-proctorville-agenda-2024-03-05_99a.pdf · Mar 5, 2024$170KTown of Newton, IndianaWindak Inc gets nod for economic development · Mar 5, 2024$170KAll WINDAK contractsVendor profile

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Questions about this contract

Who was awarded the real estate purchase contract by City of Newton?

WINDAK was awarded this real estate purchase contract by City of Newton, as recorded on March 5, 2024. The contract value is $170,000.

How much is the WINDAK contract with City of Newton worth?

The WINDAK contract with City of Newton is valued at $170,000, covering real estate purchase work.

What type of contract is this?

This is a Real Estate Purchase contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-newton-city-council-meeting-agenda-march-5-2024_983.pdf (Agenda), dated March 5, 2024 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does WINDAK hold?

WINDAK 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 Newton currently buying?

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

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