# Magnum Venus Products buys East Tennessee facility, plans 100 jobs

Magnum Venus Products (MVP) bought a facility and 17 acres of land in East Tennessee, consolidating its corporate office and Knoxville assembly and service center. The expected $20 million investment over five years is estimated to create 100 jobs.

- Type: New facility
- Announced: 2023-04-11
- Where: Knoxville, Tennessee, United States
- Value: $20.0M
- Jobs: 100
- Status: announced
- Capacity: 125,000-square-foot facility
- Products: pumping systems, spray guns, filament winding systems, mixing and metering composite equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Magnum Venus Products](https://endata.com/companies/593.md)

## Sources

- [mvpind.com](https://www.mvpind.com/magnum-venus-products-mvp-expanding-in-east-tennessee/), 2023-04-11: "The expected $20 million investment over five years includes 17 acres of land and a 125,000-square foot facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.