Schulenburg, TX (2014)

Monogram Foods

Memphis-based Monogram Food Solutions is receiving an investment of more than $7.6M from U.S.


  • NMTC Amount: $1,920,700
  • Total Project Cost: $7,887,262


  • 200 FTE jobs
  • 16 construction jobs
  • 54,000 sq. ft. of real estate


Project Description

Memphis-based Monogram Food Solutions is receiving an investment of more than $7.6 million from US Bank. The funding, which is in the form of tax credit equity, will go towards Monogram Food’s planned expansion of its Martinsville, Virginia, production facility. The entire project, which is budgeted at $55 million, includes a 54,000 sq. ft. addition to the existing manufacturing plant. Monogram Food Solutions produces its Wild Bill’s, Trail’s Best, Hannah’s, Bull’s, Bass Pro Shop’s Uncle Buck’s, Team Realtree, Enjoy and Hickory’s Best meat snack brands in Virginia. Monogram is investing more than $36 million in the project, which it began raising capital for in the fall.”

The $7.6 million is being raised from federal New Markets Tax Credits. Greenline Ventures LLC, through one of its community development entities, designated the tax credits for the plant expansion. When the project is completed, it creates 200 jobs in Martinsville, which has the highest unemployment rate in Virginia.”

Overall, this investment is a strong fit with Greenline’s strategy to fill capital gaps hindering growth of economically sustainable operating businesses that will specifically benefit low-income communities,” said Randy Kahn, executive vice president of Greenline


Address: 1315 Russek Street, Schulenburg, TX 78956

Census Tract: 48149970600

Voices from the Community

“Monogram Foods is excited to be expanding production and adding jobs in Martinsville. We have an excellent workforce with a dedication to consistently high quality products, safety and efficiency.”

-Ches Jackson, president of Monogram Supply Chain on their NMTC-financed expansion

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