The $134 million investment includes a 150,000-square-foot facility in the Eastern Iowa Industrial Center and will create an estimated 247 new full-time jobs.
Monogram Foods, a privately-held food manufacturer headquartered in Memphis, Tennessee, has completed an acquisition of Quality Food Processors located in Denison, Iowa. With this acquisition Monogram annual revenue will exceed $1 billion. The acquisition, which integrates a former supplier into the Monogram family, highlights Monogram’s commitment to expanding its business by joining with companies that share similar values.