The Goodyear City Council has signed off on a jobs pact with United Parcel Service, and the deal is expected to create at least 1,500 positions.
In return, Goodyear agreed to waive up to $1 million in fees related to a new UPS processing hub along the Loop 303 corridor.
The deal requires UPS to report job numbers to the city. If the company fails to make enough hires, Goodyear can demand UPS pay back the fees.
All good public-private agreements have "clawbacks," said Michelle Lawrie, Goodyear’s economic development director.
“That is just so that the deal means something,” Lawrie said. “It means that we will get the employment, or the incentive will not be granted, or will be taken back.”
Part of the UPS operation should be up and running in time for the holidays, and the entire hub is scheduled to open in late 2019.