VP Racing Fuels Acquires Tennessee Location

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VP Racing Fuels, Inc., today announced the acquisition of a new property and facility in Huntingdon, Tennessee, citing a favorable atmosphere for business growth and development.

“VP was founded over forty years ago in San Antonio,” VP Racing Fuels President and CEO Alan Cerwick said. “As the company has continued a consistent and remarkable growth, we have acquired additional properties in Texas, plus have facilities in Indiana and Delaware. We evaluated all of these locations, ultimately hoping to expand in Texas, but unfortunately, acquiring the approvals to fully develop the Texas sites has been too challenging. On the flip side, Tennessee is clearly open for business, and their desire to attract and partner with companies wanting to grow is a perfect fit for VP.”

The new Tennessee facility includes nearly 160,000 square feet on 57 acres and will be used for manufacturing, packaging, warehousing, and distribution, expanding as the company grows.

These plans will require VP to make considerable investments in new equipment, including packaging equipment and an expanded fuel tank farm. For that, VP has already begun additional investment in the Huntingdon area community, engaging local architects, engineers, and other contractors.

VP had acquired two additional properties in Bexar County in past years, but as of today, the company has not been able to fully use the properties for needed expansion. As a result, one of the properties is under contract for sale. The other property will be held for now, pending any future decision to expand operations in Texas or Tennessee. Likewise, the decision on the corporate headquarters expansion location will be made at a later date.

For more information, visit the VP Racing Fuels website.

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