city-of-columbia-industrial-development-board-fy-2025-2026-budget_3e3.pdf
Fiberon Project Leeward PILOT Terminated; Grants Distributed
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Description
Fiberon Project Leeward involved $312 million and multiple grants but was ended in April 2024 after Fiberon declined to continue operations in Columbia.
Contract Details
Contract Amount
$312,000,000 (capital investment); $3,100,000 (FastTrack grant); $7,523,600 (TDOT SIA grant)
Vendor
FIBERON
Agency
City of Columbia, TN
Contract Type
FINANCIAL_SERVICES
Document Date
July 1, 2025
Contract Term
April 5, 2022 – December 31, 2032
Renewal Date
2032-12-31
Renewal Info
PILOT agreement superseded by company decision not to proceed in 2024.
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