VP Racing Fuels, a subsidiary of San Antonio-based Texas Allied Holdings, Inc., will invest $14.2 million to expand its operations in Huntingdon and McKenzie, Tennessee.

The company will expand its existing operations and establish a new location in Carroll County, which comes less than three years after VP invested more than $4 million to establish its Huntingdon operations.

“Since first establishing an operation in Tennessee in 2019, the business environment, the workforce, and the welcoming nature of the community have all been what we had hoped for. The state, county, and local leadership have all worked with VP to create a mutually beneficial relationship. Thus, our eagerness to expand in Carroll County,” Alan Cerwick, president & CEO, VP Racing Fuels Company said.

For more than 40 years, VP Racing Fuels has focused on the production of race fuel, small engine fuel, auto performance chemical and plastics utility containers. VP Racing Fuels 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.

“We appreciate companies that choose to invest and create jobs in Tennessee’s at-risk or distressed counties, and VP Racing Fuels’ commitment to Carroll County will provide 150 new, family-wage job opportunities to citizens in Huntingdon and McKenzie. This expansion, which comes less than three years after the company located in Huntingdon, demonstrates that Tennessee’s skilled workforce and pro-business climate provide companies with the advantages they need to grow and succeed,” TNECD Commissioner Bob Rolfe noted.