OTHERAPPROVED

County Approves $700M Project Agreement with Danimer

Decatur County and partner entities approved a comprehensive Project Agreement with Danimer Scientific Manufacturing, Inc. for a $700 million manufacturing facility at Downwind Industrial Park. The deal provides long-term tax abatements, utility and infrastructure support, and revenue bond financing in exchange for at least 400 new full-time jobs and substantial capital investment.

Document date · November 23, 2021

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
At least $700,000,000 in capital expenditures; Economic Incentive Amount includes 19-year property tax savings and various state and local incentives (e.g., $800,000 state grant, tax abatements)
Contract type
OTHER
Contract term
19-year property tax savings incentive period; 10-year 100% tax abatement decreasing by 10% annually thereafter as described in minutes
Renewal
Agreement includes a 19-year PILOT structure and 10-year tax abatement schedule with ongoing performance and recoupment provisions; amendments allowed by written addendum.
Document type
Meeting Minutes
Source document
decatur-county-meeting-minutes-2021-11-23_fc2.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Decatur County?

Danimer Scientific Manufacturing Inc was awarded this government contract by Decatur County, as recorded on November 23, 2021. The contract value is At least $700,000,000 in capital expenditures; Economic Incentive Amount includes 19-year property tax savings and various state and local incentives (e.g., $800,000 state grant, tax abatements).

How much is the Danimer Scientific Manufacturing Inc contract with Decatur County worth?

The Danimer Scientific Manufacturing Inc contract with Decatur County is valued at At least $700,000,000 in capital expenditures; Economic Incentive Amount includes 19-year property tax savings and various state and local incentives (e.g., $800,000 state grant, tax abatements).

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in decatur-county-meeting-minutes-2021-11-23_fc2.pdf (Meeting Minutes), dated November 23, 2021 from Decatur County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Danimer Scientific Manufacturing Inc hold?

Danimer Scientific Manufacturing 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.

View Danimer Scientific Manufacturing Inc's profile

What is Decatur County currently buying?

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