Al Pete Meats Adding 55-75 New Jobs
Muncie, IN (August
21, 2008) - Al
Pete Meats, Inc. continues to grow with its new ownership group in Muncie. Al Pete
Meats,
Inc., is being purchased and expanded by Monogram Foods, LLC. The
project is
expected to result in 40 new jobs in the first year and 55 to 75 jobs
over the
next three years. The company currently has 20 employees. This is the
company's
second expansion announcement this year.
The Muncie
plant, located at 2100 E. Willard, will continue its main product line
of "Pete"s Pride" pork fritters. A second line, once used for the
production of
vegetarian corndogs for Kellogg, will be re-activated. In addition, a
second
corndog line will be put into place, effectively doubling capacity. A
second
shift will be added once the new line is in place.
Al Pete Meats, Inc. has been in business locally
since 1961.
This project is part of a merger and acquisition of the company by
Monogram
Food Solutions, LLC. is headquartered in Memphis,
TN. Monogram has over 160 employees nationwide with facilities in Tennessee, Texas
and Minnesota.
They
specialize in hot dogs, corndogs, beef jerky, smoked sausage and other
meat
snack items.
The Muncie-Delaware County Economic Development
Alliance
staff worked with Monogram Foods, LLC in obtaining $300,000 in financing
through the Muncie Industrial Revolving Loan Fund Board. That $300,000
will be
part of the total project of $2,850,000.
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About the Muncie-Delaware County Economic Development Alliance:
Vision 2011 is the Delaware County's five year economic development program and is administered by the Muncie-Delaware County Chamber of Commerce and Delaware Advancement Corporation. For more information about the EDC, visit www.muncie.com.