Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Graphic Packaging’s $1 billion project: city staff outline incentives, TIF and EDC support
Summary
City staff and the Greater Waco Chamber updated council on Graphic Packaging International’s site work, projected jobs and tax impact, and proposed community incentives including an $8.6 million EDC grant package and a TIF arrangement that returns a portion of increment above a threshold.
Representatives from the Greater Waco Chamber and city staff briefed council on Graphic Packaging International’s (GPI) manufacturing project—an estimated $1 billion capital investment in Texas Central Park—and the community incentives and infrastructure needed to support it.
Chris Collins, executive vice president for economic development at the Greater Waco Chamber, said the project will build a roughly 620,000-square-foot facility on 125 acres and is expected to create at least 190 direct jobs with an average wage of about $65,000. Collins said GPI projects…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
