Value-added processed meat firm Monogram Food Solutions is to invest US$4m to expand its operation in Henry County, with the creation of 150 around jobs.

Speaking at the announcement on Friday (25 June), Governor McDonnell said: "This facility has a long history of success, starting with Knauss' relocation from Pennsylvania in 2002. Most recently, Monogram Food Solutions expanded in 2009 and created an additional 120 new jobs. The company is a strong corporate partner to Henry County, and I applaud this additional growth and investment less than one year later."

Governor McDonnell approved a $100,000 grant from the Governor's Opportunity Fund to assist with the project.

The Virginia Tobacco Indemnification and Community Revitalization Commission also approved $450,000 in Tobacco Region Opportunity Funds for the project.

Monogram Food Solutions recently expanded in 2009 creating around 120 jobs in the Henry County district.