FINANCIAL_SERVICESAPPROVED

Stokes County Awards Financial Services Contract to Wieland Copper Products Llc (December 2024)

Stokes County approved an incentive agreement with Wieland Copper Products, LLC to support a $27 million expansion of its Pine Hall facility, with 50 new jobs to be created by 2029. Over a 64‑month grant period, the County will rebate a declining percentage of property taxes on the new facilities and equipment while using the agreement to satisfy local match requirements for state economic development grants.

Document date · December 2, 2024

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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
Incentive Payments equal to 80% / 70% / 60% / 50% / 40% of Stokes County property taxes paid on eligible facilities and personal property for five years
Contract type
FINANCIAL_SERVICES
Contract term
Grant Period of 64 months beginning with first incentive application, allowing five annual incentive payments; facilities completion by March 1, 2028 and employment ramp-up through May 1, 2029
Renewal
Agreement automatically terminates after the 64‑month Grant Period and payment of the fifth incentive; earlier termination may occur if operations cease beyond specified periods or if Wieland elects to discontinue the project. No renewal or extension options are provided.
Document type
Agreement
Source document
Stokes County Agreement Incentive Agreement 2024-12-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Stokes County?

Wieland Copper Products Llc was awarded this financial services contract by Stokes County, as recorded on December 2, 2024. The contract value is Incentive Payments equal to 80% / 70% / 60% / 50% / 40% of Stokes County property taxes paid on eligible facilities and personal property for five years.

How much is the Wieland Copper Products Llc contract with Stokes County worth?

The Wieland Copper Products Llc contract with Stokes County is valued at Incentive Payments equal to 80% / 70% / 60% / 50% / 40% of Stokes County property taxes paid on eligible facilities and personal property for five years, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Stokes County Agreement Incentive Agreement 2024-12-02 (Agreement), dated December 2, 2024 from Stokes County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wieland Copper Products Llc hold?

Wieland Copper Products Llc 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 Wieland Copper Products Llc's profile

What is Stokes County currently buying?

Explore Stokes County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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