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Letter on Virginia Investment Performance and Major Eligible Employer Grants, Second Quarter (July 27, 2022)

Summary

This is a July 27, 2022 letter from the Office of the Governor of the Commonwealth of Virginia to The Honorable Janet D. Howell, The Honorable Barry D. Knight and The Honorable Roxann L. Robinson. It reports on the Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants awarded during the second quarter of the 2022 calendar year, and states that one VIP grant was awarded and no MEE grants. The listed grant is a $250,000 grant to Birdsong Peanuts for expanding its peanut shelling and processing facility in the City of Suffolk. Disbursements from the VIP were made to WestRock, Greif, Continental, Ashland, McKee Foods, Hollister, Dominion Packaging, Canon, Kingspan, Unilever, HP Hood, and Sabra. The letter notes that the VIP legislative cap has been reached.

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“Letter on Virginia Investment Performance and Major Eligible Employer Grants, Second Quarter (July 27, 2022).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-rd434-bb1fa9de94/, SHA-256 7c3cb99746c6ac2eafc21cd97609e761dd63620717ae20c3129f34ff8d7ff5d9.

Full text

                                          COMMONWEALTH of VIRGINIA
                                                      Office of the Governor
Caren DeWitt Merrick
Sccrctaf)' 1>f Commr,; ,11111 Tr,1<lc

                                                               July 27, 2022



             The Honorable Janet D. Howell                                 The Honorable Barry D. Knight
             Chair                                                         Chair
             Senate Finance and Appropriations Committee                   House Appropriations Committee
             P.O. Box 2608                                                 1852 Mill Landing Road
             Reston, Virginia 20195                                        Virginia Beach, Virginia 23457

             The Honorable Roxann L. Robinson
             Chair
             House Finance Committee
             P.O. Box 4627
             Midlothian, Virginia 23112

              Senator and Delegates:

                    I am writing to report on the Virginia Investment Performance (VIP) and Major Eligible
             Employer (MEE) grants that were awarded during the second quarter of the 2022 calendar year as
             required by § 2.2-5103(D) of the Code of Virginia.

                     In the second quarter, ending June 30, 2022, one VIP grant was awarded. No MEE grants
              were awarded in the second quarter of 2022.

              Virginia Investment Performance:

                    1. Birdsong Peanuts will expand its peanut shelling and processing facility in the City of
                       Suffolk. Awarded a $250,000 grant, the company will invest $25. l million and create 0
                       jobs by June 30, 2025. This project has been announced.

              Major Eligible Employer:

                          No MEE grants were awarded.




              Patrick Henry Building • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786·7831 • TIY: (800) 828·1120
                                    COMMONWEALTH of VIRGINIA
                                                  Office of the Governor
Caren DeWitt Merrick
Secretary of Commerce .ind Tr;td




           Money Committee Chair
           July 27, 2022
           Page Two



                  For the second quarter of the 2022 calendar year, disbursements from the VIP were made
           to WestRock, Greif, Continental, Ashland, McKee Foods, Hollister, Dominion Packaging,
           Canon, Kingspan, Unilever, HP Hood, and Sabra.

                  It should be noted that the VIP legislative cap has been reached and that no further VIP
           grants may be offered at this time.

                                                               Sincerely,



                                                               Caren Merrick

           CM:kme

           cc         Mr. Jason El Koubi
                      President and Chief Executive Officer
                      Virginia Economic Development Partnership




           Pamck Henry Building • 1111 East Broad Street • Richmond, Virginia 23219 • (804) 786-7831 • TIY: (800) 828-1120

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