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NEWS
Monogram Foods Announces $30 million Manufacturing Operation Expansion
September 24, 2018

Monogram Food Solutions, LLC, a Memphis-based manufacturer of value-added meats, has announced the firm will invest $30 million to expand its manufacturing operation, Monogram Snacks, in Henry County. The company will expand its product lines to accommodate new and expanding contracts.

Founded in 2004 with the purchase of King Cotton and Circle B brand meats from Sara Lee Corporation, Monogram Foods manufactures and markets top-quality food products. Among these are a full range of meat snacks, corn dogs, pre-cooked bacon, smoked sausage, appetizers, pet treats, and other value-added meats. Headquartered in Memphis, Tennessee, Monogram Food operates facilities in Indiana, Iowa, Massachusetts, Tennessee, Texas, Virginia, and Wisconsin.

According to a statement released by Governor Ralph Northam, “When an industry-leader like Monogram Foods expands its operation four times in less than a decade, it is a powerful testament to Henry County’s skilled workforce, competitive operating costs, and infrastructure. Monogram has quickly become one of the region’s top employers and we are honored that the company has chosen to reinvest here, creating an additional 300 high-quality jobs in the Commonwealth. We congratulate Monogram on its remarkable growth, and are confident the company will continue to succeed in Southern Virginia.”

The Virginia Economic Development Partnership worked with the Martinsville-Henry County Economic Development Corporation and the Virginia Tobacco Region Revitalization Commission to secure the project for Virginia. Governor Northam approved a $350,000 grant from the Commonwealth’s Opportunity Fund to assist Henry County with the project. The Governor also approved a $300,000 performance-based grant from the Virginia Investment Partnership program, an incentive available to existing companies.

Monogram Foods is eligible to receive a Major Business Facility Job Tax Credit, as well as state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development. The company is also eligible for Sales and Use tax exemptions on manufacturing equipment. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.


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