Monogram Foods

New Markets Tax Credit Coalition

Martinsville,
VA
(2023)

Monogram Foods

Manufacturing

Investment

NMTC Amount: $24,000,000
Total Project Cost: $53,000,000

IMPACT

140 FTE jobs
30 construction jobs
13,000 sq. ft. of real estate

CDEs

CEI Capital Management, Stonehenge Community Development, The Community Business Investment Fund

Investor

Valley National Bank

Project Description

Expansion of a food packaging facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities. Supported the facility expansion and equipment purchase at Monogram Foods, a producer of food products, including meat snacks, appetizers, pre-made sandwiches, and several other snack products.

MAP

Address: 200 Knauss Drive, Martinsville, VA 24112

Census Tract: 51089010300

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