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Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) Grants, Fourth Quarter of 2024

Summary

This January 31, 2025 letter, on Office of the Governor letterhead naming Caren DeWitt Merrick, is addressed to the chairs of the Senate Finance and Appropriations Committee, the House Appropriations Committee and the House Finance Committee. It reports on the Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) grants awarded during the fourth quarter of the 2024 calendar year. It states that two VIP grants were awarded in the quarter ending December 31, 2024 and that no MEE grants were awarded. Shamrock Foods, located in Augusta County, is a manufacturer of dairy products, awarded a $600,000 grant; the company will make a $59.0 million investment and create 28 new jobs by December 31, 2028.

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“Virginia Investment Performance (VIP) and Major Eligible Employer (MEE) Grants, Fourth Quarter of 2024.” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-rd166-4c8e6cd317/, SHA-256 cbfadbb67d5ac5f6feaddf8a99c43e569ca0bd1acf8658dced9e02c3aa8c10e2.

Full text

                                       COMMONWEALTH of VIRGINIA
                                                    Office of the Governor
Caren DeWitt Merrick
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                                                           January 31, 2025



            The Honorable L. Louise Lucas                                The Honorable Luke E. Torian
            Chair                                                        Chair
            Senate Finance and Appropriations                            House Appropriations Committee
              Committee                                                  201 North 9th Street
            P.O. Box 396                                                 General Assembly Building, Room 1223
            Richmond, Virginia 23218                                     Richmond, Virginia 23219

            The Honorable Vivian E. Watts
            Chair
            House Finance Committee
            201 North 9th Street
            General Assembly Building, Room 907
            Richmond, Virginia 23219

             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 fourth quarter of the 2024 calendar year as
             required by§ 2.2-5103(0) of the Code of Virginia.

                    In the fourth quarter, ending December 31, 2024, two VIP grants were awarded. No MEE
             grants were awarded in the fourth quarter of 2024.

             Virginia Investment Performance:

                   1. Shamrock Foods, located in Augusta County, is a manufacturer of dairy products.
                      Awarded a $600,000 grant, the company will be making a $59.0 million investment and
                      creating 28 new jobs by December 31, 2028. This project has been announced.

                  2. Not Yet Announced.



             Major Eligible Employer:

                        No MEE grants were awarded.
            Patrick Henry Building • 1111 East Broad Street • Richmond, V1rgm1a 23219 • (804) 786-7831 • TTY: (800) 828-1120

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