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Finland-based VILPE (Villepay) selects Mason for North American operations; council approves incentive
Summary
City council approved a participation agreement to secure North American headquarters and an eventual 100,000 sq. ft. manufacturing expansion by VILPE/Villepay, contingent on job milestones and leveraging JobsOhio incentives.
Mason City Council unanimously approved an economic participation and performance incentive agreement on Oct. 13 to secure Villepay (referred to in materials as VILPE/Villepay) as the location for its initial North American corporate and technology operations, with a potential future manufacturing facility in the city.
City staff described the agreement as a phased incentive: an expected $100,000 city participation tied to the company reaching an initial employment threshold (30 full-time employees), additional…
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