Town of Twinsburg Awards Tax Incentive Contract to FORMTEK (February 2025)
Town of TwinsburgCity · Twinsburg, OH- Approved
- Feb 11, 2025
- Term
- 5 years
The 30-second brief
City approves tax incentives for FormTek, Inc., relocating headquarters. 25% income tax grant over 5 years to incentivize job creation and investment.
FORMTEK holds this tax incentive contract with Town of Twinsburg. Its other public contracts on record include work for City of Twinsburg.
Term as filed: 5 years.
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Contract details
- Contract type
- Tax Incentive
- Document date
- February 11, 2025
- Term
- 5 years
- Vendor
- FORMTEK
- Agency
- Town of Twinsburg
- Source document
- town-of-twinsburg-meeting-minutes-2025-02-11_e4d.pdf (Meeting Minutes)
FORMTEK's other public contracts
More Town of Twinsburg contracts
Questions about this contract
Who was awarded the tax incentive contract by Town of Twinsburg?
FORMTEK was awarded this tax incentive contract by Town of Twinsburg, as recorded on February 11, 2025.
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 town-of-twinsburg-meeting-minutes-2025-02-11_e4d.pdf (Meeting Minutes), dated February 11, 2025 from Town of Twinsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does FORMTEK hold?
FORMTEK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Town of Twinsburg currently buying?
Explore Town of Twinsburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.