CONTRACTAPPROVED

Monroe County Awards $350,000,000 Tax Incentive Contract to Vonore Fiber Products (July 2024)

Disclosed value: $350,000,000; From meeting minutes
Approved: Jul 23, 2024
Term: 8 years

What it covers

Vonore Fiber Products LLC is granted tax incentives to encourage a $350 million investment and create 200 new jobs in Monroe County, Tennessee. The incentive program spans eight years with varying abatement percentages.

Who holds it

Vonore Fiber Products holds this tax incentive contract with Monroe County.

What happens next

Term as filed: 8 years.

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Contract details

Contract type: Tax Incentive
Amount: $350,000,000
Document date: July 23, 2024
Term: 8 years
Vendor: Vonore Fiber Products
Agency: Monroe County
Source document: monroe-countymeeting-minutes2024-07-23_ec0.pdf (Meeting Minutes)

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Questions about this contract

Who was awarded the tax incentive contract by Monroe County?

Vonore Fiber Products was awarded this tax incentive contract by Monroe County, as recorded on July 23, 2024. The contract value is $350,000,000.

How much is the Vonore Fiber Products contract with Monroe County worth?

The Vonore Fiber Products contract with Monroe County is valued at $350,000,000, covering tax incentive work.

What type of contract is this?

This is a Tax Incentive contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in monroe-countymeeting-minutes2024-07-23_ec0.pdf (Meeting Minutes), dated July 23, 2024 from Monroe County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Vonore Fiber Products hold?

Vonore Fiber Products 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 Monroe County currently buying?

Explore Monroe County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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