Tax exemption incentivesapproved

Town of Wooster Awards $18,800,000 Tax Exemption Incentives Contract to Welch Packaging Group (February 2024)

Welch Packaging Group Inc. is set to receive tax exemption incentives for their $18.8 million capital investment and creation of 50 to 70 new jobs in Wooster, Ohio. The incentives cover 75% for ten years on real property attributable to the 200,000 square foot partition of 2550 Daisy Way.

Status
approved
Document date
February 20, 2024
Contract type
Tax exemption incentives
Vendor
Welch Packaging Group
Agency
Town of Wooster · AR

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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
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
$18,800,000
Contract type
Tax exemption incentives
Contract term
10 years
Renewal date
NA
Renewal
NA
Document type
Agenda
Source document
town-of-wooster-city-council-agenda-vacall-jet-vacuum-truck-purchase-cra-amendment-feb-20-2024_ab8.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the tax exemption incentives contract by Town of Wooster?

Welch Packaging Group was awarded this tax exemption incentives contract by Town of Wooster, as recorded on February 20, 2024. The contract value is $18,800,000.

How much is the Welch Packaging Group contract with Town of Wooster worth?

The Welch Packaging Group contract with Town of Wooster is valued at $18,800,000, covering tax exemption incentives work.

What type of contract is this?

This is a Tax Exemption Incentives contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-wooster-city-council-agenda-vacall-jet-vacuum-truck-purchase-cra-amendment-feb-20-2024_ab8.pdf (Agenda), dated February 20, 2024 from Town of Wooster. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Welch Packaging Group hold?

Welch Packaging Group 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 Welch Packaging Group's profile

What is Town of Wooster currently buying?

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

View Town of Wooster's profile

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