Monogram Food Solutions, a US manufacturer of value-added processed meats, is to buy the meat snack business of American Foods Group.
The purchase includes the company’s Martinsville production facility, and the rights to the Bull’s, Hannah’s, O’Brien’s and Dakota brand names.
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Monogram said it will invest US$3m to expand production capacity, retaining all current positions at the American Foods Group production facility and creating 120 jobs.
“The Martinsville production facility will be a good addition to our current production facilities located in Minnesota and Indiana,” said Karl Schledwitz, chairman and CEO of Monogram.
“This purchase, like our other acquisitions this year, will enhance both our production capacity and our leadership in offering top-quality regional and nationally distributed meat products and brands that retailers and customers know and trust. Virginia was a great fit for the project and we look forward to success in the Commonwealth.”
Monogram’s meat products include King Cotton, Circle B, Jeff Foxworthy Jerky, Bass Pro Shop’s Uncle Buck’s Licensed Products, Trail’s Best Meat Snacks, Pete’s Pride Meats and the Intimidator/NASCAR Jerky and Steak Strips.
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By GlobalData
