Virginia Investment Performance and Major Eligible Employer Grants, First Quarter of 2026 (April 15, 2026)

Summary

Letter dated April 15, 2026 from Carrie H. Chenery, Secretary of Commerce and Trade, 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 first quarter of the 2026 calendar year: one VIP grant and no MEE grants. The VIP grant of $1,000,000 went to Virginia Poultry Growers Cooperative in Rockingham County, described as a feed mill and poultry processing operation that will make a $113.9 million investment by March 31, 2029. Disbursements from the VIP were made to Shamrock Farms, Seppic, and Printpack, and no MEE grant disbursements were made. The letter closes with the name Carrie H. Chenery.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Carrie H. Chenery
Secretary of Commerce and Trade

                                                             April 15, 2026


            The Honorable L. Louise Lucas                                  The Honorable Luke E. Torian
            Chair                                                          Chair
            Senate Finance and Appropriations Committee                    House Appropriations Committee
            P.O. Box 700                                                   4222 Fortuna Plaza, Suite 659
            Portsmouth, Virginia 23705                                     Dumfries, Virginia 22025

            The Honorable Vivian E. Watts
            Chair
            House Finance Committee
            8717 Mary Lee Lane
            Annandale, Virginia 22003

            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 first quarter of the 2026 calendar year as
            required by  2.2-5103(D) of the Code of Virginia.

            In the first quarter, ending March 31, 2026, one VIP grant was awarded. No MEE grants were
            awarded in the first quarter of 2026.

            Virginia Investment Performance:

                1. Virginia Poultry Growers Cooperative, located in Rockingham County, is a feed mill
                   and poultry processing operation. Awarded a $1,000,000 grant, the company will be
                   making a $113.9 million investment by March 31, 2029. This project has been
                   announced.

            Major Eligible Employer:

            No MEE grants were awarded.



                                  Patrick Henry Building • 1111 East Broad Street • Richmond, Virginia 23219
                                                     (804) 786-2211 • TTY (800)828-1120
                                                          www.governor.virginia.gov
Money Committee Chair
April 15, 2026
Page Two

For the first quarter of the 2026 calendar year, disbursements from the VIP were made to
Shamrock Farms, Seppic, and Printpack. No MEE grant disbursements from the Fund were
made.

Please let me know if you have any questions regarding this quarterly report of VIP and MEE.

Sincerely,



Carrie H. Chenery

CHC:kme

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

File and source

File

2026-RD317.pdf

Size

188,718 bytes

SHA-256

bfd3ce61a32684b929c23477f6011f9d63a8aea2e43477ab964cf56cbc0209d3

Our copy

2026-RD317.pdf

Original

No public link identified.