Monogram Foods

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

Other Virginia Projects

Commonwealth Crossing Business Centre

Ridgeway,
VA
(2017)

Adult Education, College or Vocational Training, Community, Food Manufacturing, Plastics and Chemicals, Rural, Vocational Training

CDE(s): People Incorporated Financial Services, Truist

Commonwealth Crossing Business Centre is a modern business and technology park designed to attract major manufacturers with the potential to add value to the local economy and create thousands of

Our Health Community Services Complex Phase 2

Winchester,
VA
(2008)

Adult Daycare, Community, Daycare and Early Childhood, Dental Services, Healthcare, Nonprofit Hub, Nursing Homes and Hospice, Solar, Youth and Families

CDE(s): Enterprise Community Partners

Our Health Community Services Complex Phase II involved the rehabilitation of an historic facility that expanded the provision of public and private health and social services available to residents of

Church Hill North Retail Center

Richmond,
VA
(2018)

Affordable Housing, Community, Culinary Entrepreneurship, Daycare and Early Childhood, Grocery and Fresh Food, Healthcare, Housing, Mixed-use, Retail, Retail and Commercial, Schools, Youth and Families

CDE(s): Bluehub, Capital One, City First, Local Initiatives Support Corporation

Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space.

Waters Place

Culpepper,
VA
(2011)

Community, Incubator, Mixed-use, Retail, Workforce Housing

CDE(s): Hampton Roads Ventures

Revitalization of a commercial center in a distressed community of 16,000 by renovating the buildings into Water Place, a mixed-use development with retail and office space, community-oriented commercial space, and