CONTRACTAPPROVED

Town of Albion town Awards $3,961,279 Tax Abatement Contract to Parker Hannifin (May 2023)

Disclosed value: $3,961,279; From minutes
Approved: May 23, 2023
Term: 5 years

What it covers

Albion Town Council approves a 5-year personal property tax abatement for Parker Hannifin Corp's $3,961,279 investment in new forge presses, aimed at employee retention and economic revitalization.

Who holds it

Parker Hannifin holds this tax abatement contract with Town of Albion town. Its other public contracts on record include work for Erie City SD and McCook Public Schools.

What happens next

Term as filed: 5 years.

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Contract details

Contract type: Tax Abatement
Amount: $3,961,279
Document date: May 23, 2023
Term: 5 years
Vendor: Parker Hannifin
Agency: Town of Albion town
Source document: albion-town-council-meeting-minutes-may-23-2023_97c.pdf (Minutes)

Parker Hannifin's other public contracts

Erie City SD, PennsylvaniaParker Hannifin Provides STEM Activities at Erie High · Sep 1, 2026Undisclosed McCook Public Schools, NebraskaBoard Accepts $5,000 Donation from Parker Hannifin · May 11, 2026$5K McCook Public Schools, NebraskaBoard Accepts $5,000 Donation From Parker Hannifin · May 11, 2026$5K McCook Public Schools, NebraskaBoard accepts $5,000 donation from Parker Hannifin · May 11, 2026$5K McCook Public Schools, NebraskaBoard Accepts $5,000 Donation From Parker Hannifin · May 11, 2026$5K All Parker Hannifin contractsVendor profile

More Town of Albion town contracts

Central Noble School CorpAlbion Council Considers School Reimbursement Agreement · Sep 18, 2026Undisclosed Central Noble School CorpAlbion Council Considers Central Noble Crossing Agreement · Sep 18, 2026Undisclosed Central Noble School CorpCouncil Discusses Interlocal Agreement With School Corp · Sep 8, 2026Undisclosed KENWOODAlbion Police Seek Purchase of Kenwood Radios · Aug 24, 2026Undisclosed Vs EngineeringVS Engineering Supplemental CCMG Scope Considered · Aug 24, 2026$3.5K All Town of Albion town activityAgency profile

Questions about this contract

Who was awarded the tax abatement contract by Town of Albion town?

Parker Hannifin was awarded this tax abatement contract by Town of Albion town, as recorded on May 23, 2023. The contract value is $3,961,279.

How much is the Parker Hannifin contract with Town of Albion town worth?

The Parker Hannifin contract with Town of Albion town is valued at $3,961,279, covering tax abatement work.

What type of contract is this?

This is a Tax Abatement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in albion-town-council-meeting-minutes-may-23-2023_97c.pdf (Minutes), dated May 23, 2023 from Town of Albion town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Parker Hannifin hold?

Parker Hannifin 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 Town of Albion town currently buying?

Explore Town of Albion town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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