Monogram Food Solutions announced Wednesday, they will invest $30 million to expand its manufacturing operation, Monogram Snacks and add 300 new jobs in Henry County.
The company will expand its product lines to accommodate new and expanding contracts.
According to the governor’s office, Virginia successfully competed against six other states for the project.
“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,” said Governor Northam.
“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.”
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.