Current:Home > FinanceSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -ProfitZone
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
View
Date:2025-04-15 12:25:35
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! (2579)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Is lecanemab the Alzheimer's drug that will finally make a difference?
- World’s Biggest Offshore Windfarm Opens Off UK Coast, but British Firms Miss Out
- Woman Arrested in Connection to Kim Kardashian Look-Alike Christina Ashten Gourkani's Death
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Mother’s Day Last-Minute Gifts: Coach, Sephora, Nordstrom & More With Buy Now, Pick Up In Store
- You Know That Gut Feeling You Have?...
- World’s Biggest Offshore Windfarm Opens Off UK Coast, but British Firms Miss Out
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Shipping Group Leaps Into Europe’s Top 10 Polluters List
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Why does the U.S. government lock medicine away in secret warehouses?
- 90 Day Fiancé: The Other Way Finale Sees Gabe Break Down in Tears During Wedding With Isabel
- You Know That Gut Feeling You Have?...
- Sonya Massey's father decries possible release of former deputy charged with her death
- Today’s Climate: August 24, 2010
- Revolve's 65% Off Sale Has $212 Dresses for $34, $15 Tops & More Trendy Summer Looks
- Today’s Climate: September 13, 2010
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Colorado Anti-Fracking Activists Fall Short in Ballot Efforts
Jamie Foxx Is Out of the Hospital Weeks After Health Scare
Person of interest named in mass shooting during San Francisco block party that left nine people wounded
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Taliban begins to enforce education ban, leaving Afghan women with tears and anger
Best-selling author Elizabeth Gilbert cancels publication of novel set in Russia
Why Maria Menounos Credits Her Late Mom With Helping to Save Her Life