Ypsomed Manufacturing USA gets $2.6M Investment Grant
Town of Holly SpringsCity · Holly Springs, NC- Disclosed value
- $2,684,796
- From agenda
- Document date
- Oct 21, 2025
- Term
- 8 years
The 30-second brief
The Town Council is set to approve an Economic Development Agreement (EDA) with Ypsomed Manufacturing USA, which plans to invest $195.4 million and create 62 new jobs. The EDA includes a Business Investment Grant of up to $2,684,796 over 8 years, equivalent to 50% of the increased tax value brought by the company.
Ypsomed Manufacturing USA holds this business investment grant contract with Town of Holly Springs.
Term as filed: 8 years.
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Contract details
- Contract type
- Business Investment Grant
- Amount
- $2,684,796
- Document date
- October 21, 2025
- Term
- 8 years
- Agency
- Town of Holly Springs
- Source document
- town_council_business_meeting_agenda_october_21_20.pdf (Agenda)
Ypsomed Manufacturing USA's other public contracts
More Town of Holly Springs contracts
Questions about this contract
Who was awarded the business investment grant contract by Town of Holly Springs?
Ypsomed Manufacturing USA was awarded this business investment grant contract by Town of Holly Springs, as recorded on October 21, 2025. The contract value is $2,684,796.
How much is the Ypsomed Manufacturing USA contract with Town of Holly Springs worth?
The Ypsomed Manufacturing USA contract with Town of Holly Springs is valued at $2,684,796, covering business investment grant work.
What type of contract is this?
This is a Business Investment Grant contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town_council_business_meeting_agenda_october_21_20.pdf (Agenda), dated October 21, 2025 from Town of Holly Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Ypsomed Manufacturing USA hold?
Ypsomed Manufacturing USA 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 Holly Springs currently buying?
Explore Town of Holly Springs's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.