The Abatement RegisterMcLennanAgreement 0012282
Texas Chapter 380 / 381 agreement · McLennan

GRAPHIC PACKAGING INTERNATIONAL, LLC

Agreement 0012282, filed with the Texas Comptroller by WACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION.

$1,026,000,000committed capital investment
$8,600,000grant or incentive
190permanent jobs committed
20–100%of GPI Incentive Funds abated
December 31, 2026performance deadline
The obligation

What the contract requires.

“GPI will Substantially Complete the Facility on or before December 31, 2026 (the “Substantial Completion Date”).”Executed agreement, p. 3
“On or before December 31, 2026, GPI will create and fill at least 190 new WMCEDC-Eligible Jobs at the Facility.”Executed agreement, p. 5
“Facility Investment” in the Facility of at least $1,026,000,000.”Executed agreement, p. 3
The repayment remedy

What happens if it is not met.

“If this Agreement is terminated as a result of a GP! default, GPI will repay to WMCEDC GPI Incentive Funds per the following WMCEDC reimbursement schedule”Executed agreement, p. 9

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 · GPI Incentive Funds · p. 9

What was abated, and for how long.

100%Year 1
80%Year 2
60%Year 3
40%Year 4
20%Year 5

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 bodyWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATIONWACO McLENNAN COUNTY ECONOMIC DEVELOPMENT CORPORATION, a Texas non-profit corporation (hereinafter “WMCEDC”)1
Contracting entityGRAPHIC PACKAGING INTERNATIONAL, LLCGRAPHIC PACKAGING INTERNATIONAL, LLC (hereinafter “GPI’’)1
Parent / guarantorNot stated in the agreement—
InstrumentPROGRAM PROJECT AGREEMENTPROGRAM PROJECT AGREEMENT1
Governing chapterNot stated in the agreement—
Capital investment$1,026,000,000Facility Investment” in the Facility of at least $1,026,000,000.3
Grant or incentive$8,600,000In no event will WMCEDC pay more than $8,600,000 in GPI Incentive Funds and WIF Incentive Funds combined.6
Jobs committed190On or before December 31, 2026, GPI will create and fill at least 190 new WMCEDC-Eligible Jobs at the Facility.5
Wage requirement$17.50 per hourpay its employees in the Jobs a minimum average wage of no less than $17.50 per hour5
Square footage620,000 square feetconstruct 620,000 square feet of facilities for manufacturing of paperboard and paper-based packaging1
AcreageNot stated in the agreement—
Performance deadlineDecember 31, 2026GPI will Substantially Complete the Facility on or before December 31, 2026 (the “Substantial Completion Date”).3
ExpirationDecember 31, 2031“Expiration Date” means December 31, 2031.2
Effective date10th day of ___, 202510th SHS Program Project Agreement (the “Agreement”) is entered into to be effective as of the day of ___, 2025 (the “Effective Date”)1
SignatoryLauren S. TashmaLauren S. Tashma, Executive Vice President, General Counsel, and Secretary13
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 0012282 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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