Current:Home > NewsSmith & Wesson celebrates new headquarters opening in gun-friendly Tennessee -FutureFinance
Smith & Wesson celebrates new headquarters opening in gun-friendly Tennessee
View
Date:2025-04-12 22:19:00
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! (3237)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- At North Carolina’s GOP convention, governor candidate Robinson energizes Republicans for election
- Every death imperils their species. 2024 already holds triumph and tragedy.
- French Open 2024: Here’s how to watch on TV, betting odds and more you should know
- The Super Bowl could end in a 'three
- Dallas Stars tie series with Edmonton Oilers, end Leon Draisaitl's point streak
- All Of Your Burning Questions About At-Home LED Light Therapy Devices, Answered
- Lenny Kravitz says he's open to finding love: I've never felt how I feel now
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Mega Millions winning numbers for May 24 drawing: Jackpot climbs to $489 million
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Drowning is a top cause of death for young children. Here's what parents should know.
- Arizona State athletic department's $300 million debt 'eliminated' in restructuring
- Beauty Queen Killer: Christopher Wilder killed 9 in nationwide spree recounted in Hulu doc
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Las Vegas Aces' Becky Hammon, A'ja Wilson: Critics getting Caitlin Clark narrative wrong
- Friday’s pre-holiday travel broke a record for the most airline travelers screened at US airports
- Pacers put unbeaten home playoff record on the line vs. Celtics road success in Game 3
Recommendation
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Here’s what every key witness said at Donald Trump’s hush money trial. Closing arguments are coming
NCAA athlete-pay settlement could mean 6-figure paychecks for top college players
Lenny Kravitz on a lesson he learned from daughter Zoë Kravitz
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
NCAA athlete-pay settlement could mean 6-figure paychecks for top college players
2 climbers die on Mount Everest, 3 still missing on world's highest mountain: It is a sad day
Trump TV: Internet broadcaster beams the ex-president’s message directly to his MAGA faithful