The Abatement RegisterAngelinaAgreement 0010584
Texas Chapter 380 / 381 agreement · Angelina

Sumitomo Machinery Corporation of America

Agreement 0010584, filed with the Texas Comptroller by Angelina County.

$3,500,000.00committed capital investment
20–100%of County portion of ad valorem taxes abated
December 31, 2029performance deadline
The obligation

What the contract requires.

“no later than December 31, 2029”Executed agreement, p. 3
“create a minimum of 10 additional full time, primary jobs”Executed agreement, p. 3
“a minimum capital investment of Three Million, Five Hundred Thousand Dollars ($3,500,000.00)”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“then the County shall be entitled to recapture ONE HUNDRED PERCENT (100%) of the Grant Funds awarded”Executed agreement, p. 6

Where a deadline above has passed, no public record exists of whether it was met — not in the Comptroller’s filings, nor in the local government’s own disclosures. That is not evidence of non-compliance. Texas requires nobody to record it.

Abatement schedule · County portion of ad valorem taxes · p. 5

What was abated, and for how long.

100%Year One (2025)
100%Year Two (2026)
80%Year Three (2027)
60%Year Four (2028)
40%Year Five (2029)
20%Year Six (2030)

A local abatement waives only that taxing unit’s share of the property tax bill. School districts, counties, cities and hospital districts each sign separately.

Every field, as the contract states it

The record.

FieldValue & quoted sourcePage
Granting bodyAngelina CountyAngelina County, a Texas political subdivision (the “County”)1
Contracting entitySumitomo Machinery Corporation of AmericaSumitomo Machinery Corporation of America, a Delaware corporation registered and authorized to do business in Texas (“Owner/Grantee”’).1
Parent / guarantorNot stated in the agreement—
InstrumentEconomic Development GrantEconomic Development Grant Program Agreement1
Governing chapterChapter 381, Local Government Codeand WHEREAS, the County is authorized, by Section 381.004 of the Texas Local Government Code, to promote state and local economic development and to stimulate, encourage and develop business location and commercial activity within the County.—
Capital investment$3,500,000.00a minimum capital investment of Three Million, Five Hundred Thousand Dollars ($3,500,000.00)3
Grant or incentiveNot stated in the agreement—
Jobs committed10 additional full time, primary jobs recital language, not a covenantcreate a minimum of 10 additional full time, primary jobs3
Wage requirementNot stated in the agreement—
Square footage7,500 square feetconstructing a new office building, containing approximately 7,500 square feet of office space1
Acreage10.020 acrescontaining 10.020 acres, more or less2
Performance deadlineDecember 31, 2029no later than December 31, 20293
ExpirationDecember 31, 2030expiring on December 31, 2030 (the “Grant Term’’);5
Effective dateJanuary 14, 2025IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the 14% day of January 2025.11
SignatoryJames D. SolomonJames D. Solomon, President and Chief Executive Officer of Sumitomo Machinery Corporation of America11
Chain statusTerminal document — no later agreement in the registry names this one as its predecessor—
How to check this page

Every line above is in the contract.

Agreement 0010584 is filed with the Texas Comptroller. Pull the PDF, go to the page number beside any row, and read the sentence. If a figure here does not match the document, tell me and it is corrected the same day.

Where the contract says nothing, the field is left empty rather than filled with a guess.

One of 1,645

Which of these are on your book?

This is a single agreement. I have read 1,645 of the 4,428 Texas has filed, resolved which have been superseded, and recorded what each commits a company to.

Send me an entity and a county and I will tell you what is on it — quoted, page-cited, checked. Free for the first one.

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