Race fuel manufacturer and distributor to create 40 new jobs
NASHVILLE – VP Racing Fuels announced today that it will locate new operations in Huntingdon. The race fuel manufacturer and distributor will create 40 new jobs and invest approximately $4.6 million in Carroll County.
“One of our main objectives in Tennessee is to make sure our rural communities are well-represented in the world of economic development,” Gov. Bill Lee said. “I want to thank VP for supporting our mission to prioritize rural areas by investing in Huntingdon and creating new jobs in West Tennessee.”
“I am grateful to VP for its decision to locate new operations in Huntingdon and for its creation of 40 new jobs in Carroll County,” TNECD Commissioner Bob Rolfe said. “Tennessee prides itself on being a top location for manufacturing companies. With more than 170 advanced materials operations in Tennessee, we are pleased that yet another manufacturer will now call Tennessee home.”
VP, a race fuel manufacturer and distributor, is recognized by many as the world leader in race fuel technology, with a catalog of more than 70 fuel blends and a growing roster of VP-fueled champions across the entire spectrum of motorsports. In recent years, the company has expanded its product portfolio to include small engine fuels, diesel products, appearance products, and the Madditive® line of additives, branded as a reflection of the company’s Mad Scientist® spokesperson personality. These products and the company’s retail distribution in major retailers like Auto Zone, Tractor Supply, Walmart, Home Depot, and many others have led to these expansion needs.
“VP was founded over forty years ago in San Antonio, and as the company continues its consistent and remarkable growth, expansion is necessary. Exploring numerous options, it was clear from the start that Tennessee is open for business,” Alan Cerwick, president and CEO of VP Racing Fuels, said. “The State, Carroll County and the City of Huntingdon were all welcoming, and it has been a pleasure to work with these parties. Tennessee is a perfect fit for VP, and we look forward to continued growth with the state.”
VP plans on expanding its U.S. operations by locating a new manufacturing and packing facility in Huntingdon.
The City of Huntingdon, Carroll County and the Tennessee Valley Authority also supported VP Racing Fuels’ decision to locate new operations in Carroll County.
Huntingdon and Carroll County are represented by Sen. John Stevens (R – Huntingdon), Rep. Curtis Halford (R – Dyer) and Rep. Andy Holt (R – Dresden) in the Tennessee General Assembly.
About the Tennessee Department of Economic and Community Development
The Tennessee Department of Economic and Community Development’s mission is to develop strategies that help make Tennessee the No. 1 location in the Southeast for high quality jobs. To grow and strengthen Team Tennessee, the department seeks to attract new corporate investment in Tennessee and works with Tennessee companies to facilitate expansion and economic growth. Find us on the web: TNECD.com. Follow us on Twitter: @TNECD. Like us on Facebook: facebook.com/TNECD.