Page 1 of 1
S&W moving to TN
Posted: Thu Sep 30, 2021 12:45 pm
by GunnyGene
Story from TTAG:
https://www.thetruthaboutguns.com/nssf- ... un-rights/
From the NSSF . . .
The National Shooting Sports Foundation (NSSF), the firearm industry trade association, noted that the announcement from Smith & Wesson Brands, Inc., of their plan to move their headquarters and a large portion of their operations to Tennessee is just the latest of a series of firearm and ammunition manufacturers moving to states with strong Second Amendment traditions.
Smith & Wesson announced their plans to relocate headquarters and assembly operations from Springfield, Mass., to Maryville, Tenn.
“This follows a pattern of firearm and ammunition manufacturers that are migrating to states that respect the contributions of the firearm industry and respect the Second Amendment rights of those who purchase their products,” said Lawrence G. Keane, NSSF Senior Vice President and General Counsel.
“The decision to expand production by any firearm manufacturer is indicative of the strong and vibrant market of lawful gun ownership. Firearm sales have been at record levels for more than 18 months and this investment in the future shows that the leading firearm manufacturers see a market with continued room for growth.”
Smith & Wesson’s new Tennessee home is familiar with firearm manufacturing. Earlier this year Troy Manufacturing announced it was moving production from West Springfield, Mass., to Clarksville, Tenn. Beretta U.S.A. Corporation moved production from Maryland to Gallatin, Tenn., in 2016 and Barrett Firearms is headquartered in Murfreesboro, Tenn.
Smith & Wesson will add 750 jobs to the state and invest over $125 million to build a new state of the art facility. The firearm industry already employs nearly 7,800 people in Tennessee through direct or indirect jobs and contributes over $1.07 billion in economic impact. The firearm industry pays $130.5 million in federal and state taxes annually and contributed an additional $22.1 million in excise taxes that benefit wildlife conservation.
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 1:11 pm
by Vaquero
Heck Yeah!!! Bring it on.
RP
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 1:34 pm
by Headhog
Wahoo. Great news for S&W. This should be a good move that builds a stronger company.
Paul
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 1:56 pm
by John E Davies
Good news, I grew up in Nashville, but I did not know where Maryville is. It is a suburb of Knoxville. Very pretty country to live and work in, but crazy busy if you enjoy RV camping. What is the Cost of Living like there?
Best of luck to S&W, I still won’t buy one of their products but all gun manufacturers need to move where they are welcome.. FYI, for those who do not remember.
https://www.washingtonpost.com/news/re ... troyed-it/
John Davies
Spokane WA
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 3:04 pm
by JEBar
that's great to hear .... hopefully one day we will get to take a road trip and tour their plant
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 4:28 pm
by fortyshooter
Well looks like everybody is moving there! Far as I know Tenn. has no State Income Tax but as more people move there and put a drain on the system of roads,schools and housing they might have to.
Re: S&W moving to TN
Posted: Thu Sep 30, 2021 5:33 pm
by GunnyGene
fortyshooter wrote: ↑Thu Sep 30, 2021 4:28 pm
Well looks like everybody is moving there! Far as I know Tenn. has no State Income Tax but as more people move there and put a drain on the system of roads,schools and housing they might have to.
We need to get our Governor on the ball here. All we've snagged so far is Winchester Ammo and that was 10 years ago.
Re: S&W moving to TN
Posted: Sun Oct 03, 2021 10:12 am
by Centaur
Good for both S&W and Tennessee.
Re: S&W moving to TN
Posted: Sun Oct 03, 2021 12:40 pm
by Cowboy Gun Fan
Smart move on their part after being not appreciated where they were at.
Re: S&W moving to TN
Posted: Sun Oct 03, 2021 9:57 pm
by The Wiz
I feel for the people who are losing their jobs in Mass. Not that S&W cares. Bottom line is what matters.
Re: S&W moving to TN
Posted: Mon Oct 04, 2021 7:17 am
by GunnyGene
The Wiz wrote: ↑Sun Oct 03, 2021 9:57 pm
I feel for the people who are losing their jobs in Mass. Not that S&W cares. Bottom line is what matters.
Here's the full press release from S&W. They will do what they can re: relocation, job placement, etc. for effected employees.
https://ir.smith-wesson.com/news-releas ... -tennessee
Re: S&W moving to TN
Posted: Mon Oct 04, 2021 8:35 am
by The Wiz
As a "victim" of two such relocation's, I find that such press releases to be so much BS. Today's corporate america cares little about the people that make their companies. Again, it is the bottom line that matters.
'
Re: S&W moving to TN
Posted: Mon Oct 04, 2021 10:18 am
by Redthies
The Wiz wrote: ↑Sun Oct 03, 2021 9:57 pm
I feel for the people who are losing their jobs in Mass. Not that S&W cares. Bottom line is what matters.
I know not everyone is able to just up and move, but I’d take Tennessee over Mass 99x out of 100. Hopefully they will assist those who want to move in doing so. I think it’s good for the arms companies to move where they are appreciated. I wonder how long Henry will stick it out in Bayonne? NJ is not exactly firearm friendly either.
Re: S&W moving to TN
Posted: Mon Oct 04, 2021 10:59 am
by cooperhawk
Redthies wrote: ↑Mon Oct 04, 2021 10:18 am
I wonder how long Henry will stick it out in Bayonne? NJ is not exactly firearm friendly either.
Henry already has plants in the Midwest. Wisconsin I think.
Re: S&W moving to TN
Posted: Mon Oct 04, 2021 8:17 pm
by Redthies
cooperhawk wrote: ↑Mon Oct 04, 2021 10:59 am
Redthies wrote: ↑Mon Oct 04, 2021 10:18 am
I wonder how long Henry will stick it out in Bayonne? NJ is not exactly firearm friendly either.
Henry already has plants in the Midwest. Wisconsin I think.
Rice Lake Wisconsin. They’ve had that plant for a while. My point was, how long will they keep the head office and Bayonne plant open, before they expand the Wisconsin facility and shut down NJ?