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Old Dominion Freight Receives $18M Grant

Town of Concord
Disclosed value
$18,000,000
From minutes
Document date
May 9, 2023
Term
1 year

The 30-second brief

What it covers

One-year economic development grant of $18 million to Old Dominion Freight, Inc. for locating in Concord, NC, investing in real and personal property.

Who holds it

Old Dominion Freight holds this economic development grant contract with Town of Concord. Its other public contracts on record include work for City of Ankeny and Town of Robinson.

What happens next

Term as filed: 1 year.

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Contract details

Contract type
Economic Development Grant
Amount
$18,000,000
Document date
May 9, 2023
Term
1 year
Vendor
Old Dominion Freight
Agency
Town of Concord
Source document
concord-city-council-work-session-meeting-minutes-may-9-2023_314.pdf (Minutes)

Old Dominion Freight's other public contracts

City of Ankeny, IowaOld Dominion expansion gets stormwater agreement approval · Aug 18, 2025UndisclosedCity of Ankeny, IowaOld Dominion's Storm Water Easement Agreement Approved · Aug 18, 2025UndisclosedCity of Ankeny, IowaFreight Line Expansion Project · Aug 5, 2025UndisclosedTown of Robinson, PennsylvaniaLand Development approval for Old Dominion Freight Line · Jul 8, 2025UndisclosedCity of Ankeny, IowaAnkeny & Old Dominion Freight Line Agreement on Improvements · Mar 17, 2025UndisclosedAll Old Dominion Freight contractsVendor profile

More Town of Concord contracts

EDIFICEEdifice for $579,274 Communication & Emergency Operation · Jul 10, 2025$579.3KTalbert Bright & EllingtonTalbert, Bright & Ellington wins $399K road contract · Jul 10, 2025$399.4KSealand ContractorsSealand Contractors Corp with $2.6M rehabilitation Contract · Jul 10, 2025$2.7MUrban SolarUrban Solar awarded $136K Bus Stop Solar project · Jul 10, 2025$136.9KNicolock Paving StonesConcord Considers Grant to Nicolock Paving Stones, LLC · Jul 10, 2025$98.9KAll Town of Concord activityAgency profile

Questions about this contract

Who was awarded the economic development grant contract by Town of Concord?

Old Dominion Freight was awarded this economic development grant contract by Town of Concord, as recorded on May 9, 2023. The contract value is $18,000,000.

How much is the Old Dominion Freight contract with Town of Concord worth?

The Old Dominion Freight contract with Town of Concord is valued at $18,000,000, covering economic development grant work.

What type of contract is this?

This is a Economic Development Grant contract, documented as a minutes record.

Where was this contract approved?

This contract appears in concord-city-council-work-session-meeting-minutes-may-9-2023_314.pdf (Minutes), dated May 9, 2023 from Town of Concord. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Old Dominion Freight hold?

Old Dominion Freight 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 Concord currently buying?

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

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