Current:Home > FinanceSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -Streamline Finance
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
Burley Garcia View
Date:2025-04-10 22:48:14
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! (71331)
Related
- Olympic women's basketball bracket: Schedule, results, Team USA's path to gold
- Lowriding is more than just cars. It’s about family and culture for US Latinos
- Off-duty police officer shot, killed in Detroit after firing at fellow officers
- Real Housewives of Orange County's Tamra Judge Shares She’s on Autism Spectrum
- Where will Elmo go? HBO moves away from 'Sesame Street'
- The Pumpkin Spice Tax: To savor the flavor of fall, you will have to pay
- Why young people continue to flee big cities even as pandemic has faded
- Content Creator Dead at 26 After Falling Off Bridge While Filming
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Taylor Swift and Travis Kelce's Date Night at Yankees-Cleveland MLB Game Is a Home Run
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Broadway's Zelig Williams Missing: Dancer's Family Speaks Out Amid Weeks-Long Search
- WNBA not following the script and it makes league that much more entertaining
- Will Cowboys fire Mike McCarthy? Jerry Jones blasts 'hypothetical' after brutal loss
- Vance jokes he’s checking out his future VP plane while overlapping with Harris at Wisconsin airport
- Members of Congress call on companies to retain DEI programs as court cases grind on
- Mike Tyson will 'embarrass' Jake Paul, says Muhammad Ali's grandson Nico Ali Walsh
- Voters in California and Nevada consider ban on forced labor aimed at protecting prisoners
Recommendation
Sonya Massey's family keeps eyes on 'full justice' one month after shooting
Marjorie Taylor Greene’s fans cheer her on as her opponent fights for recognition
Olivia Rodrigo Falls Into Hole During Onstage Mishap at Guts Tour
A Southern California school plants a ‘Moon Tree’ grown with seeds flown in space
Southern California rocked by series of earthquakes: Is a bigger one brewing?
Pumpkin weighing 2,471 pounds wins California contest
Dolphins expect Tua Tagovailoa to play again in 2024. Here's what we know.
Florida government finds fault with abortion ballot measure over ads and petitions