Current:Home > InvestSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -TrueNorth Capital Hub
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
Algosensey View
Date:2025-04-10 13:02:27
MARYVILLE, Tenn. (AP) — Gun manufacturer Smith & Wesson hosted a grand opening of its new Tennessee headquarters Saturday after moving from its longtime home in Massachusetts to a more gun-friendly state.
The company built a new 650,000-square feet (60,387-square meters) headquarters in Maryville, Tennessee, as part of a $125 million relocation plan announced in 2021. Tours were offered at the new facility on Saturday.
The gunmaker had been located in Springfield, Massachusetts, since the mid-19th century, but company officials have said legislative proposals in that state would prohibit them from manufacturing certain weapons. Massachusetts is known to have some of the country’s strictest gun laws.
Smith & Wesson President and CEO Mark Smith spoke at the event Saturday, which drew a large crowd to the new facility, The Daily Times reported.
“From where I stand, the next 170 years of Smith & Wesson are looking pretty good,” Smith said. “It is something special here in Tennessee.”
He cited a welcoming regulatory environment and close collaboration with the Tennessee state government as a crucial piece of the plan to relocate. The company has said the new facility would create hundreds of jobs.
Tennessee has moved to loosen gun restrictions in recent years under Republican leadership. In 2021, the state passed a law to allow most adults 21 and older to carry handguns without a permit that requires first clearing a state-level background check and training.
veryGood! (677)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Half a Loaf: Lawmakers Vote to Keep Some Energy Funds Trump Would Cut
- New York, Massachusetts Move on Energy Storage Targets
- Supreme Court sets higher bar for prosecuting threats under First Amendment
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- International Day of Climate Action Spreads Across 179 Countries
- States Begged EPA to Stop Cross-State Coal Plant Pollution. Wheeler Just Refused.
- Alex Rodriguez Shares Gum Disease Diagnosis
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Renewable Energy Groups Push Back Against Rick Perry’s Controversial Grid Study
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Dangers of Climate Change: Lack of Water Can Lead to War
- In New York City, ‘Managed Retreat’ Has Become a Grim Reality
- With Biden’s Win, Climate Activists See New Potential But Say They’ll ‘Push Where We Need to Push’
- Global Warming Set the Stage for Los Angeles Fires
- Trump Rolled Back 100+ Environmental Rules. Biden May Focus on Undoing Five of the Biggest Ones
- Kendall Jenner Sizzles in Little Black Dress With Floral Pasties
- Vanderpump Rules Tease: Tom Sandoval Must Pick a Side in Raquel Leviss & Scheana Shay's Feud
Recommendation
Average rate on 30
Supreme Court rejects independent state legislature theory in major election law case
Zooey Deschanel Is Officially a New Girl With Blonde Hair Transformation
Offset and His 3 Sons Own the Red Carpet In Coordinating Looks
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Supreme Court takes up dispute over educational benefits for veterans
Biden’s Appointment of John Kerry as Climate Envoy Sends a ‘Signal to the World,’ Advocates Say
US Declares Greenhouse Gases a Danger to Public Health and Welfare