Monogram Food Solutions buying A.F.G.'s meat snack business
August 14, 2009
by Bryan Salvage
MARTINSVILLE, VA. — Memphis-based Monogram Food Solutions LLC is acquiring American Foods Group's meat snack business, according to The Associated Press. The sale will include a meat snack plant in Martinsville, Va., a Green Bay, Wis. plant and the rights to the Bull's, Hannah's, O'Brien's and Dakota brand names.
Monogram plans to invest $3 million to expand production capacity, retaining all current positions at the Virginia American Foods Group production facility and create 120 jobs as it expands production. The Martinsville plant is a good addition to the company's existing facilities in Minnesota and Indiana, said Karl Schledwitz, chairman and chief executive officer of Monogram.
Monogram Food Solutions was founded in 2004 when a group of Memphis investors bought King Cotton and Circle B Brand foods from Sara Lee Corporation, returning the brands to Memphis where King Cotton was founded nearly 75 years ago. King Cotton and Circle B brands continue to be among the leading brands of hot dogs, corn dogs, bologna and smoked sausage in Memphis and the mid-South.
In 2006, Monogram acquired Trail’s Best Meat Snacks from Sara Lee, including a processing plant in Chandler, Minn. In May, Monogram acquired Muncie, Ind.-based Al Pete Meats, the manufacturer and distributor of Pete’s Pride Meat Products.
Monogram’s products, all made in the U.S., include well-known name-brand products such as Jeff Foxworthy Jerky, Bass Pro Uncle Buck’s Licensed Products and Trail’s Best Meat Snacks.