CONTRACTAPPROVED

Tax Exemption Approved for Plastipak Packaging Expansion

Louisiana Board of Commerce and Industry | State of Louisiana logoLouisiana Board of Commerce and Industry | State of Louisiana
Disclosed value
$4,992,264.40 estimated ten-year property tax exemption
From report
Approved
Oct 29, 2026
Renews
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The 30-second brief

What it covers

The Louisiana Board of Commerce and Industry approved Plastipak Packaging, Inc.’s Industrial Tax Exemption Program application for a $30.31 million expansion in Rapides Parish. The approval provides an estimated ten-year property tax exemption of $4,992,264.40.

Who holds it

Plastipak Packaging Inc holds this contract with Louisiana Board of Commerce and Industry | State of Louisiana. Its other public contracts on record include work for Medina City SD Schools and Rapides Parish.

What happens next

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Contract details

Amount
$4,992,264.40 estimated ten-year property tax exemption
Document date
October 29, 2026
Term
10 years (5 years at 80% plus 5 years at 80%)
Renews
On record
Source document
State of Louisiana Board of Commerce and Industry Report Industrial Tax Exemption Applications 2026-10-29 (Report)

Plastipak Packaging Inc's other public contracts

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Questions about this contract

Who was awarded the government contract by Louisiana Board of Commerce and Industry | State of Louisiana?

Plastipak Packaging Inc was awarded this government contract by Louisiana Board of Commerce and Industry | State of Louisiana, as recorded on October 29, 2026. The contract value is $4,992,264.40 estimated ten-year property tax exemption.

How much is the Plastipak Packaging Inc contract with Louisiana Board of Commerce and Industry | State of Louisiana worth?

The Plastipak Packaging Inc contract with Louisiana Board of Commerce and Industry | State of Louisiana is valued at $4,992,264.40 estimated ten-year property tax exemption.

What type of contract is this?

This is a government contract, documented as a report record.

Where was this contract approved?

This contract appears in State of Louisiana Board of Commerce and Industry Report Industrial Tax Exemption Applications 2026-10-29 (Report), dated October 29, 2026 from Louisiana Board of Commerce and Industry | State of Louisiana. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Plastipak Packaging Inc hold?

Plastipak Packaging Inc 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 Louisiana Board of Commerce and Industry | State of Louisiana currently buying?

Explore Louisiana Board of Commerce and Industry | State of Louisiana's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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