Food Direct expanded its full-service food distribution center at the Hunts Point Cooperative Market with a $22.2 million investment. The 72,900 square foot facility upgrade enabled increased business capacity and efficiency.
Monge Capital helped secure public financing to support this minority-owned enterprise operating in a critical food logistics hub.
Estimated Economic and Social Impact
Retention of 150 jobs and creation of 50 permanent jobs. Creation of up to 50 permanent jobs, retention of over 120 employees, and provide critical food supplies for local bodegas and small grocery stores in low-income communities.
