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Parker Hannifin Receives Five-Year Tax Abatement

Town of Albion
Disclosed value
$3,721,000 (estimated project cost)
From minutes
Approved
Aug 24, 2021
Term
5-year personal property tax abatement
Renews
Free account

The 30-second brief

What it covers

The Albion Town Council approved a five-year personal property tax abatement for Parker Hannifin’s $3,721,000 investment in new forge press, robotics, tooling, and equipment. The project will increase assessed valuation and add 29 jobs with average wages of $24.79 per hour.

Who holds it

Parker Hannifin holds this contract with Town of Albion. Its other public contracts on record include work for Erie City SD and McCook Public Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Town of Albion contract.

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Contract details

Amount
$3,721,000 (estimated project cost)
Document date
August 24, 2021
Term
5-year personal property tax abatement
Renews
Free account
Vendor
Parker Hannifin
Agency
Town of Albion
Source document
albion-town-council-meeting-minutes-august-24-2021_16e.pdf (Minutes)

Parker Hannifin's other public contracts

Erie City SD, PennsylvaniaParker Hannifin Provides STEM Activities at Erie High · Sep 1, 2026UndisclosedMcCook Public Schools, NebraskaBoard Accepts $5,000 Donation from Parker Hannifin · May 11, 2026$5KMcCook Public Schools, NebraskaBoard Accepts $5,000 Donation From Parker Hannifin · May 11, 2026$5KMcCook Public Schools, NebraskaBoard accepts $5,000 donation from Parker Hannifin · May 11, 2026$5KMcCook Public Schools, NebraskaBoard Accepts $5,000 Donation From Parker Hannifin · May 11, 2026$5KAll Parker Hannifin contractsVendor profile

More Town of Albion contracts

FLAT-OUTFlat-out Approved for Equipment Tire Purchase · May 19, 2026UndisclosedGainz Landscape ConstructionGainz Landscape Construction Wins Lawn Mowing Contract · Apr 21, 2026$55 per mowingStar BankStar Bank Approved as Township Financial Institution · Apr 21, 2026UndisclosedWh SecurityWH Security Receives Alarm System Upgrade Contract · Apr 21, 2026$1.8KSchmidt ElectricSchmidt Electric Approved for Meeting Room LED Upgrade · Apr 21, 2026$2.1KAll Town of Albion activityAgency profile

Questions about this contract

Who was awarded the government contract by Town of Albion?

Parker Hannifin was awarded this government contract by Town of Albion, as recorded on August 24, 2021. The contract value is $3,721,000 (estimated project cost).

How much is the Parker Hannifin contract with Town of Albion worth?

The Parker Hannifin contract with Town of Albion is valued at $3,721,000 (estimated project cost).

What type of contract is this?

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

Where was this contract approved?

This contract appears in albion-town-council-meeting-minutes-august-24-2021_16e.pdf (Minutes), dated August 24, 2021 from Town of Albion. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Parker Hannifin hold?

Parker Hannifin 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 Albion currently buying?

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

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