MVP was built by a caring, people-first team on values that
continue to guide it today. Our growth and success can be attributed to an
inspired team of family and leaders with a passion for serving others.
Our corporate purpose makes us who we are and inspires us every day. As we continue to grow, the beliefs and family values that are most important to us stay the same – to honor God by putting people first, pursuing excellence in all we do, and serving our communities with integrity and respect.
We take great pride in our family owned business roots. For over 80 years, the Hedger family has led the company with the same passion and pursuit of excellence established by its founder, Jim Hedger Sr.. Many second generation family members are continuing his tradition today in leadership roles within the company, while others are applying their talents in other areas of the community. Much of the third generation is also carrying on the family legacy working in a variety of roles from operations and sales to business development and engineering.
Peter Hedger Sr.
“To cultivate great ideas which truly make an impact, you must never be afraid to listen and learn something new.”
Principal and Family Governance Ambassador
“I strive to lead with integrity and care to truly embody what it means to be a family business by aligning family and business goals company-wide.”
Principal and Senior Vice President
“Trust and teamwork create a work environment where people feel empowered and invested to serve the company and community to their best ability.”
Magnum Venus Products (MVP), first known as Graves Spray Supply,
was purchased in 1947 in Chicago by B.J. Hedger. His son, Jim Hedger Sr., grew
the company at a rapid pace to establish Graves as a leading distributor for
coating equipment and cemented a reputation for excellence with customers like
Ford, Chrysler, GM, GE and many more. After legally incorporating in 1967,
Graves launched full service equipment distribution and embarked into the newly
developing industry of spray-up fiberglass manufacturing dispensing systems in
the 1970’s. In doing so, Graves became the largest fiber reinforced plastics
(FRP) equipment distributor in North America and maintained that place until
the early 1980’s.
In the early 1980’s, Jim Hedger Sr. recognized the potential for
continued growth in the FRP industry and founded Magnum Industries, evolving
from solely distribution to the design and manufacture of equipment. Magnum
went on to develop many designs that would shape the industry, including the patented
Airless Air-Assist technology for applicators with a focus on reducing
emissions and waste. In 1983, the first Magnum applicator was shipped out.
On the other side of the country, Venus Products was also
embracing the up and coming FRP industry. Founded near Seattle, Washington by
Frank Ives in 1954, Venus was the first to design, patent and produce internal
mix fiberglass spray technology. Venus’ Hydraulic Injection System was the
first piece of equipment to provide true airless, internal mixing, reducing
atomization and material waste.
Both Magnum and Venus’ equipment were recognized around the world
for engineering excellence. In September 2000, Graves Spray Supply (Magnum
Industries) acquired Venus Products. This merger created a new company; Magnum
Venus Products (MVP). Jim Hedger Sr. personally oversaw the alliance of the two
companies and their technologies. Now a powerhouse in the FRP industry, MVP
became the largest FRP equipment manufacturer in the world with a vast reach
from serving the needs of small shops to supplying the demands of large
automated and advanced operations.
Anticipating the changing emissions control standards, Hedger led
the MVP advanced engineering group in 2002 to develop and patent the FIT®
(Fluid Impingement Technology) system designed to reduce styrene emissions in
the spray-up process. The FIT® system was a continuation of early innovations
by Venus Products’ FloChop technology which took the first steps to tackle
emission challenges. FIT® reduced emissions below that of FloChop, with the
added benefit of waste reduction and increased transfer efficiencies. Both
government regulatory bodies and the industry were excited about this
innovation as it allowed the fabricator to meet the new regulations without
major changes to production methods.
In the early 2000’s, MVP was a leader in the industry’s transition toward closed mold (RTM and infusion) production which led to MVP’s purchase of Plastech T.T. in 2006, held until 2013. MVP was privy to manufacturers’ need for a closed mold process designed for complicated parts which rigid RTM molds could not accommodate. This led to the development of the Flex Molding Process, a comprehensive product line that includes pumping systems, unique accessories and patent-pending seals, as well as expert consultation and training courses that are a true transfer of technology from MVP to the users.
In April 2010, after decades of strategic leadership and
establishing MVP’s reputation for excellence, Jim Hedger, Sr. passed away. His
legacy, however, continues through some of his children and grandchildren who
are leading the company, and the industry, into the future of fluid movement
and production solutions.
Want to learn more? For more information or a quote on our products please contact us.