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Gunmaker Smith & Wesson will relocate from Massachusetts to the southern state of Tennessee Reading Time: 2 minutes
Knoxville, TN — Weapons maker Smith & Wesson announced Thursday it will relocate its headquarters to the firearms-friendly southern state of Tennessee, citing the increasingly hostile political climate in longtime home Massachusetts.
The 169-year-old weapons manufacturer will shift 750 jobs from Springfield, Massachusetts to Maryville, Tennessee, where local officials agreed to provide tax abatements and other inducements.
Chief Executive Mark Smith cited recently introduced legislation in Massachusetts that, if enacted, “would prohibit the company from manufacturing certain firearms in the state,” according to a press release.
“This has been an extremely difficult and emotional decision for us, but after an exhaustive and thorough analysis, for the continued health and strength of our iconic company, we feel that we have been left with no other alternative,” Smith said.
“The strong support we have received from the State of Tennessee and the entire leadership of Blount County throughout this process, combined with the quality of life, outdoor lifestyle, and low cost of living in the Greater Knoxville area has left no doubt that Tennessee is the ideal location for Smith & Wesson’s new headquarters.”Smith & Wesson plans to […]
Read the whole story at thelibertyloft.com
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