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Magnum Venus Products says its new manufacturing center in Knoxville, Tennessee is fully operational after new equipment and upgraded production capacity were installed. The company is a family-owned manufacturer with over 85 years of history.
Magnum Venus Products moved its machining and fabrication operations from Kent, Washington to its 125,000 sq ft East Tennessee facility near Knoxville, boosting production capacity by 25% and creating at least 30 positions this year.
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.
Magnum Venus Products (MVP) announced it will build a $12 million, 80,000-square-foot plant in the Hardin Business Park in Hardin Valley, Knoxville, creating about 70 jobs over five years. Occupancy is planned for the second half of 2017.
